Headquartered in Thief River Falls, Minnesota, Northern State Bank of Thief River Falls is a state-chartered bank with $550.0M in total assets and $499.3M in deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1935.
Based on its Q2 2026 filing, Northern State Bank of Thief River Falls scores 67/100, which we describe as moderate. That is higher than only 34% of 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 133rd. Its strongest component is problem-loan coverage (95/100; 2.3%), and its lowest is capital cushion (49/100; 9.92%).
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 fell 5 points (72 → 67), mostly because the funding & liquidity component weakened by 11 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 66 |
| Q4 2024 | 70 |
| Q1 2025 | 73 |
| Q2 2025 | 72 |
| Q3 2025 | 71 |
| Q4 2025 | 69 |
| Q1 2026 | 68 |
| Q2 2026 | 67 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.28% |
| Q3 2024 | 10.69% |
| Q4 2024 | 9.98% |
| Q1 2025 | 10.54% |
| Q2 2025 | 10.79% |
| Q3 2025 | 11.11% |
| Q4 2025 | 9.91% |
| Q1 2026 | 9.89% |
| Q2 2026 | 9.92% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.95% |
| Q3 2024 | 1.29% |
| Q4 2024 | 0.56% |
| Q1 2025 | 0.17% |
| Q2 2025 | 0.28% |
| Q3 2025 | 0.60% |
| Q4 2025 | 0.35% |
| Q1 2026 | 0.65% |
| Q2 2026 | 0.57% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.20% |
| Q3 2024 | 1.27% |
| Q4 2024 | 1.32% |
| Q1 2025 | 0.92% |
| Q2 2025 | 0.85% |
| Q3 2025 | 0.90% |
| Q4 2025 | 0.94% |
| Q1 2026 | 1.07% |
| Q2 2026 | 1.10% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 67 | $550.0M | 9.92% | 0.57% | 1.10% | 38.7% |
| Q1 2026 | 68 | $482.2M | 9.89% | 0.65% | 1.07% | 43.5% |
| Q4 2025 | 69 | $494.3M | 9.91% | 0.35% | 0.94% | 44.1% |
| Q3 2025 | 71 | $446.5M | 11.11% | 0.60% | 0.90% | 49.3% |
| Q2 2025 | 72 | $461.5M | 10.79% | 0.28% | 0.85% | 47.7% |
| Q1 2025 | 73 | $446.9M | 10.54% | 0.17% | 0.92% | 48.2% |
| Q4 2024 | 70 | $470.7M | 9.98% | 0.56% | 1.32% | 45.4% |
| Q3 2024 | 66 | $440.0M | 10.69% | 1.29% | 1.27% | 49.7% |
| Q2 2024 | 67 | $443.0M | 10.28% | 0.95% | 1.20% | 47.6% |
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 |
|---|---|---|---|---|---|
| Luminate BankBank Minneapolis, MN | 47 out of 100, Below average | $554.5M | 10.4% | 2.33% | vs |
| Glenwood State Bank (Incorporated)Bank Glenwood, MN | 54 out of 100, Below average | $545.2M | 10.3% | 2.03% | vs |
| Community Resource BankBank Northfield, MN | 67 out of 100, Moderate | $556.4M | 10.5% | 1.09% | vs |
| Community Bank MankatoBank Vernon Center, MN | 47 out of 100, Below average | $538.3M | 9.5% | 2.15% | vs |
| Profinium, Inc.Bank Truman, MN | 72 out of 100, Strong | $533.1M | 10.2% | 0.13% | vs |
| Lake Elmo BankBank Lake Elmo, MN | 74 out of 100, Strong | $529.7M | 11.6% | 0.84% | vs |
Deposit insurance
Is my money safe at Northern State Bank of Thief River Falls?
Yes. Northern State Bank of Thief River Falls is an FDIC-insured institution (FDIC certificate #15286). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 47.3% of deposits ($236.0M) 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 9.92%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 26.21% (benchmark: 10%).
3 locations
Branches
Northern State Bank of Thief River Falls lists 2 offices in 1 city. Most locations:
- Thief River Falls, MN (2)
Identity & history
Profile
- Legal name
- Northern State Bank of Thief River Falls
- Type
- State-chartered bank
- FDIC certificate #
- 15286
- RSSD ID
- 188056
- Primary regulator
- FDIC
- Holding company
- Gato Holdings Inc
- Established
- August 24, 1935
- Headquarters
- 201 3rd St E, Thief River Falls, MN 56701
- Website
- www.nsbtrf.com
- Employees
- 48
Quick answers
Northern State Bank of Thief River Falls: common questions
Is Northern State Bank of Thief River Falls FDIC insured?
Yes. Northern State Bank of Thief River Falls is an FDIC-insured institution (FDIC certificate #15286). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Northern State Bank of Thief River Falls's TellerScore?
67 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Northern State Bank of Thief River Falls ever failed?
There is no failure record for FDIC certificate #15286 in the FDIC failed bank list.
How many branches does Northern State Bank of Thief River Falls have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Thief River Falls
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Security State Bank of OkleeBank Oklee, MN | 98 out of 100, Very strong | $48.8M | 15.8% | 0.00% | vs |
| Marshall County State BankBank Newfolden, MN | 95 out of 100, Very strong | $45.4M | 15.8% | 0.00% | vs |
| Red Lake Co Op Federal Credit UnionCredit union Red Lake Falls, MN | 74 out of 100, Strong | $7.0M | 12.9% | 0.00% | vs |
| Ultima Bank MinnesotaBank Winger, MN | 72 out of 100, Strong | $333.9M | 10.8% | 0.62% | vs |
| Wings Credit UnionCredit union Colorado Spring, CO | 66 out of 100, Moderate | $19.4B | 11.8% | 0.64% | vs |
| Dakota Heritage BankBank Hunter, ND | 63 out of 100, Moderate | $416.8M | 9.8% | 1.62% | vs |