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Northern State Bank of Virginia

$100M-$1B Specialty: Commercial MN FDIC cert 19589

Virginia, MN

2 branches across MN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
  • Deposits +2.3% year over year ($91.2M on the books).
  • Delinquency rate 0.00%.
  • Return on assets 1.15%.
  • Efficiency ratio 60.88% vs a 64.48% peer average.
  • Loan-to-deposit ratio 79.21% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 151 in MN
View $100M-$1B leaderboard (MN) →

Northern State Bank of Virginia has 4 strengths but faces 1 concern

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 34.9% in tier
  • + Nonperforming Asset Ratio 0.67% below tier average
  • + Net Interest Margin 0.66% above tier average
  • + Efficiency Ratio 3.60% below tier average

Key Concerns

Areas that may need attention

  • - ROA 0.17% below tier average
Get updates when Northern State Bank of Virginia releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $102.0M
+2.9% YoY +0.1% QoQ
-$284.6M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
Bottom 0.4% in tier
Total Loans ? $72.3M
+5.1% YoY +2.1% QoQ
-$186.1M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
Bottom 7.6% in tier
Total Deposits ? $91.2M
+2.3% YoY -0.3% QoQ
-$235.5M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
Bottom 2.9% in tier
Return on Assets ? 1.15%
+19.3% YoY -17.4% QoQ
-0.17% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
44%
Net Interest Margin ? 4.65%
+21.8% YoY +1.8% QoQ
+0.66% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
84%
Efficiency Ratio ? 60.88%
-11.4% YoY -3.0% QoQ
-3.60% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
55%
Delinquency Rate ? 0.00%
-100.0% QoQ
-0.92% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
Top 0.1% in tier
Loan-to-Deposit Ratio ? 79.21%
+2.7% YoY +2.4% QoQ
+1.25% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
51%
Non-Interest-Bearing Deposit Share ? 17.98%
+15.2% YoY -3.7% QoQ
-4.05% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
36%
Nonperforming Asset Ratio ? 0.00%
-100.0% QoQ
-0.67% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
Top 0.1% in tier
Tier 1 Capital Ratio ? 15.36%
+0.9% YoY -0.2% QoQ
-0.55% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
68%
Non-Interest Income / Assets ? 0.07%
-4.1% YoY +105.4% QoQ
-0.49% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
Bottom 10.7% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Noninterest-Bearing 18.0%
+2.4pp YoY
-0.7pp QoQ
 -4.2pp 22.1% 21.9% 22.2% 36%
Brokered Deposits n/a n/a 7.9% 8.3% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
C&I 15.4%
-2.7pp YoY
-0.2pp QoQ
 +3.9pp 11.6% 14.6% 12.5% 78%
CRE 38.5%
+3.4pp YoY
+1.2pp QoQ
 -1.1pp 39.5% 36.5% 41.4% 50%
1-4 Family 45.6%
-0.4pp YoY
-0.8pp QoQ
 +13.0pp 32.6% 29.4% 31.3% 78%
Consumer 1.3%
-0.4pp YoY
-0.2pp QoQ
 -2.8pp 4.1% 4.5% 5.0% 36%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 15.4%
+0.1pp YoY
0.0pp QoQ
 -3.5pp 18.8% 16.5% 19.7% 53%
Leverage Ratio 10.2%
+0.2pp YoY
+0.3pp QoQ
 -2.0pp 12.2% 11.0% 12.6% 35%
Total Capital Ratio 16.3%
+0.1pp YoY
-0.1pp QoQ
 -3.7pp 19.9% 17.6% 20.8% 50%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 16
0 YoY
0 QoQ
 -43 58 55 482 5%
Assets per Employee ($) $6.4M
+2.9% YoY
+0.1% QoQ
 -$1.1M $7.5M $8.6M $8.8M 40%
Branch Count 2
0 YoY
0 QoQ
 -3 4 4 18 11%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.4% 0.4% n/a
Nonaccrual n/a n/a 0.9% 1.0% 1.0% n/a
Allowance Coverage n/a n/a 24.15x 20.41x 20.23x n/a
Net Charge-off Rate (YTD) 0.2% 0.0pp 0.1% 0.2% 0.2% 82%

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 11.5%
+1.1pp YoY
-2.6pp QoQ
 -0.7pp 12.2% 13.1% 11.6% 46%
Cost of Funds (YTD) 1.3%
-0.4pp YoY
0.0pp QoQ
 -0.5pp 1.7% 1.7% 1.7% 22%
Net Income ($, YTD) $587,000
+21.5% YoY
— QoQ
 -$2.0M $2.6M $4.5M $40.4M 13%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Credit Quality Leader

growth
#231 of 659 • Top 34.9% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.00%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (3 metrics)

1
Delinquency Rate
credit_quality
Value: 0.00%
Peer Median: 0.92%
#1 of 2633 Top 0.1% in $100M-$1B
1
Nonperforming Asset Ratio
credit_quality
Value: 0.00%
Peer Median: 0.67%
#1 of 2643 Top 0.1% in $100M-$1B
427
Net Interest Margin
profitability
Value: 4.65%
Peer Median: 3.99%
#427 of 2643 Top 16.1% in $100M-$1B

Top Weaknesses (4 metrics)

2633
Total Assets
size
Value: $101.97M
Peer Median: $386.57M
#2633 of 2643 Bottom 0.4% in $100M-$1B
2568
Total Deposits
size
Value: $91.23M
Peer Median: $326.73M
#2568 of 2643 Bottom 2.9% in $100M-$1B
2442
Total Loans
size
Value: $72.26M
Peer Median: $258.35M
#2442 of 2643 Bottom 7.6% in $100M-$1B
2360
Non-Interest Income / Assets
revenue_mix
Value: 0.07%
Peer Median: 0.57%
#2360 of 2643 Bottom 10.7% in $100M-$1B
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