Headquartered in Minneapolis, Minnesota, Northeast Bank is a state-chartered bank with $837.3M in total assets and $760.7M in deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1948.
Northeast Bank has a TellerScore of 74 out of 100 (strong) based on Q2 2026 data — higher than 57% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 67th. Problem-loan coverage contributes the most (95/100, 2.5%); capital cushion contributes the least (51/100, 10.13%).
TellerScore · Q2 2026
Scorecard
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
From Q2 2025 to Q2 2026, the score rose 5 points (69 → 74), mostly because the loan quality component improved by 11 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 73 |
| Q3 2024 | 74 |
| Q4 2024 | 72 |
| Q1 2025 | 74 |
| Q2 2025 | 69 |
| Q3 2025 | 66 |
| Q4 2025 | 69 |
| Q1 2026 | 74 |
| Q2 2026 | 74 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.84% |
| Q3 2024 | 9.95% |
| Q4 2024 | 10.05% |
| Q1 2025 | 9.62% |
| Q2 2025 | 9.53% |
| Q3 2025 | 9.52% |
| Q4 2025 | 10.03% |
| Q1 2026 | 9.86% |
| Q2 2026 | 10.13% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.02% |
| Q3 2024 | 0.07% |
| Q4 2024 | 0.04% |
| Q1 2025 | 0.03% |
| Q2 2025 | 0.55% |
| Q3 2025 | 0.72% |
| Q4 2025 | 0.28% |
| Q1 2026 | 0.10% |
| Q2 2026 | 0.20% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.23% |
| Q3 2024 | 1.26% |
| Q4 2024 | 1.22% |
| Q1 2025 | 1.41% |
| Q2 2025 | 1.35% |
| Q3 2025 | 1.27% |
| Q4 2025 | 1.12% |
| Q1 2026 | 1.48% |
| Q2 2026 | 1.49% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 74 | $837.3M | 10.13% | 0.20% | 1.49% | 77.7% |
| Q1 2026 | 74 | $838.4M | 9.86% | 0.10% | 1.48% | 79.1% |
| Q4 2025 | 69 | $828.9M | 10.03% | 0.28% | 1.12% | 84.4% |
| Q3 2025 | 66 | $823.9M | 9.52% | 0.72% | 1.27% | 80.1% |
| Q2 2025 | 69 | $825.3M | 9.53% | 0.55% | 1.35% | 77.6% |
| Q1 2025 | 74 | $805.3M | 9.62% | 0.03% | 1.41% | 77.6% |
| Q4 2024 | 72 | $779.0M | 10.05% | 0.04% | 1.22% | 86.8% |
| Q3 2024 | 74 | $772.4M | 9.95% | 0.07% | 1.26% | 74.8% |
| Q2 2024 | 73 | $743.5M | 9.84% | 0.02% | 1.23% | 75.6% |
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).
Similar-size banks in Minnesota
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First National Bank NorthBank Walker, MN | 85 out of 100, Very strong | $864.3M | 12.1% | 0.23% | vs |
| Falcon National BankBank Foley, MN | 62 out of 100, Moderate | $872.3M | 10.2% | 1.04% | vs |
| Pioneer BankBank Mapleton, MN | 71 out of 100, Strong | $883.8M | 10.2% | 0.58% | vs |
| 21st Century BankBank Loretto, MN | 70 out of 100, Strong | $894.8M | 10.7% | 0.19% | vs |
| Highland BankBank Saint Paul, MN | 34 out of 100, Low | $775.9M | 8.6% | 2.51% | vs |
| VersaBank USA National AssociationBank Holdingford, MN | 89 out of 100, Very strong | $911.9M | 22.5% | 0.10% | vs |
Deposit insurance
Is my money safe at Northeast Bank?
Yes. Northeast Bank is an FDIC-insured institution (FDIC certificate #16659). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 30.0% of deposits ($228.5M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.13%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.17% (benchmark: 10%).
3 locations
Branches
Northeast Bank lists 3 offices in 3 cities. Most locations:
- Coon Rapids, MN (1)
- Minneapolis, MN (1)
- New Brighton, MN (1)
HMDA 2025
Mortgage lending
In 2025, Northeast Bank reported 28 home-loan applications under HMDA (LEI 5493001FOLPDJ44AZD23): 28 originated ($10,140,000 total), 0 denied, and 0 withdrawn or closed by the applicant. Its denial rate on decided applications was 0.0%, 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
- Northeast Bank
- Former names
- 13th Avenue State Bank of Minneapolis; Northeast State Bank of Minneapolis
- Type
- State-chartered bank
- FDIC certificate #
- 16659
- RSSD ID
- 689357
- Primary regulator
- FDIC
- Holding company
- Northeast Securities Corp
- Established
- January 3, 1948
- Headquarters
- 77 Broadway St Ne, Minneapolis, MN 55413
- Website
- www.nebankmn.com
- Employees
- 78
Quick answers
Northeast Bank: common questions
Is Northeast Bank FDIC insured?
Yes. Northeast Bank is an FDIC-insured institution (FDIC certificate #16659). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Northeast Bank's TellerScore?
74 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 Northeast Bank ever failed?
There is no failure record for FDIC certificate #16659 in the FDIC failed bank list.
How many branches does Northeast Bank have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Minneapolis
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Vermillion State BankBank Vermillion, MN | 90 out of 100, Very strong | $931.4M | 13.4% | 0.24% | vs |
| Ziegler Federal Credit UnionCredit union Bloomington, MN | 87 out of 100, Very strong | $4.3M | 26.9% | 1.09% | vs |
| Think Mutual BankBank Rochester, MN | 86 out of 100, Very strong | $2.2B | 16.3% | 0.25% | vs |
| Carpenters Federal Credit UnionCredit union Saint Paul, MN | 86 out of 100, Very strong | $44.3M | 16.0% | 1.01% | vs |
| PrinsBankBank Prinsburg, MN | 85 out of 100, Very strong | $308.3M | 12.0% | 0.29% | vs |
| Toro Employees Federal Credit UnionCredit union Bloomington, MN | 84 out of 100, Strong | $41.5M | 14.5% | 0.56% | vs |