TellerScore

North Shore Bank of Commerce is a state-chartered bank (fed member) headquartered in Duluth, Minnesota, in business for about 111 years. At the end of Q2 2026 it reported $598.5M in total assets and $516.5M in deposits, with 7 offices.

North Shore Bank of Commerce has a TellerScore of 71 out of 100 (strong) based on Q2 2026 data — higher than only 47% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 94th. Problem-loan coverage contributes the most (97/100, 1.3%); capital cushion contributes the least (37/100, 8.74%).

TellerScore · Q2 2026

Scorecard

Capital cushion37/100
Tier 1 leverage ratio: 8.74%
Loan quality95/100
Noncurrent loans ÷ total loans: 0.14%
Earnings82/100
Return on assets (annualized): 1.56%
Funding & liquidity70/100
Loans ÷ deposits and uninsured-deposit share: 90.7% · 13.3% uninsured
Problem-loan coverage97/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.27%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (70 → 71).

TellerScore
647076Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202464
Q3 202466
Q4 202476
Q1 202570
Q2 202570
Q3 202571
Q4 202573
Q1 202670
Q2 202671
Tier 1 leverage ratio
5.00%7.26%9.51%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTier 1 leverage ratio
Q2 20248.40%
Q3 20248.54%
Q4 20249.46%
Q1 20259.51%
Q2 20258.93%
Q3 20258.89%
Q4 20259.14%
Q1 20268.89%
Q2 20268.74%
Noncurrent loans
0.09%0.16%0.22%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNoncurrent loans
Q2 20240.12%
Q3 20240.09%
Q4 20240.15%
Q1 20250.14%
Q2 20250.14%
Q3 20250.13%
Q4 20250.18%
Q1 20260.22%
Q2 20260.14%
Return on assets
1.01%1.62%2.23%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20241.01%
Q3 20241.16%
Q4 20242.23%
Q1 20251.06%
Q2 20251.30%
Q3 20251.40%
Q4 20251.55%
Q1 20261.34%
Q2 20261.56%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202671$598.5M8.74%0.14%1.56%90.7%
Q1 202670$580.8M8.89%0.22%1.34%91.5%
Q4 202573$582.8M9.14%0.18%1.55%88.6%
Q3 202571$565.3M8.89%0.13%1.40%91.6%
Q2 202570$551.8M8.93%0.14%1.30%91.3%
Q1 202570$537.1M9.51%0.14%1.06%92.8%
Q4 202476$523.6M9.46%0.15%2.23%98.2%
Q3 202466$525.6M8.54%0.09%1.16%104.3%
Q2 202464$513.0M8.40%0.12%1.01%103.9%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio8.74%
9th
Total risk-based capital0.00%
24th
Problem loans0.14%
70th
Net charge-offs0.00%
68th
Return on assets1.56%
69th
Net interest margin4.40%
75th
Efficiency ratio72.6%
25th
Loans to deposits90.7%
25th
Uninsured deposits13.3%
86th
Loan-loss reserves0.64%
6th
Texas ratio1.3%
66th

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Citizens Bank MinnesotaBank New Ulm, MN70 out of 100, Strong$596.0M9.3%0.02%vs
American Heritage National BankBank Long Prairie, MN80 out of 100, Strong$604.7M11.9%0.00%vs
Wnb Financial, N.A.Bank Winona, MN76 out of 100, Strong$583.7M10.3%0.08%vs
Scale BankBank Edina, MN83 out of 100, Strong$626.7M14.0%0.06%vs
First Independent BankBank Russell, MN76 out of 100, Strong$632.3M9.9%0.14%vs
Community Resource BankBank Northfield, MN67 out of 100, Moderate$556.4M10.5%1.09%vs

Deposit insurance

Is my money safe at North Shore Bank of Commerce?

Yes. North Shore Bank of Commerce is an FDIC-insured institution (FDIC certificate #8850). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 13.3% of deposits ($68.5M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 8.74%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

7 locations

Branches

North Shore Bank of Commerce lists 4 offices in 2 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, North Shore Bank of Commerce reported 670 home-loan applications under HMDA (LEI 549300TWX5Q3V5VXNF89): 556 originated ($165,400,000 total), 33 denied, and 41 withdrawn or closed by the applicant. Its denial rate on decided applications was 5.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
North Shore Bank of Commerce
Former names
Bank of Commerce & Savings; Northwestern Bank of Commerce; Bank of Commerce and Savings, Incorporated
Type
State-chartered bank (Fed member)
FDIC certificate #
8850
RSSD ID
126553
Primary regulator
FED
Holding company
North Shore Financial Corp
Established
September 14, 1915
Headquarters
131 W Superior St, Duluth, MN 55802
Employees
129

Quick answers

North Shore Bank of Commerce: common questions

Is North Shore Bank of Commerce FDIC insured?

Yes. North Shore Bank of Commerce is an FDIC-insured institution (FDIC certificate #8850). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is North Shore Bank of Commerce's TellerScore?

71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has North Shore Bank of Commerce ever failed?

There is no failure record for FDIC certificate #8850 in the FDIC failed bank list.

How many branches does North Shore Bank of Commerce have?

7 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Duluth

InstitutionScoreAssetsCapitalProblem loansCompare
Duluth Police Department Employees Credit UnionCredit union Duluth, MN91 out of 100, Very strong$7.8M22.8%0.41%vs
Indianhead Credit UnionCredit union Spooner, WI86 out of 100, Very strong$101.2M15.0%0.78%vs
Centricity Credit UnionCredit union Hermantown, MN85 out of 100, Very strong$340.5M14.0%0.79%vs
Superior Municipal Employees Credit UnionCredit union Superior, WI79 out of 100, Strong$3.0M16.5%0.00%vs
North Shore Federal Credit UnionCredit union Silver Bay, MN74 out of 100, Strong$284.8M12.8%0.33%vs
Superior Savings BankBank Superior, WI74 out of 100, Strong$98.8M16.3%1.15%vs