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BankSonar

Northern State Bank

Ashland, WI · State, non-member commercial bank

67

Sonar Score

Stable

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$328.8M
Total deposits
$295.6M
Branches
7
Return on assets
1.47%
Return on equity
14.67%
Charter type
State, non-member commercial bank
Established
1933
FDIC cert #
15242

How the 67 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Northern State Bank

Northern State Bank is an FDIC-insured institution (Cert #15242). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

7 branch locations

200 West Main Street

Butternut, WI 54514

85 N Grant St

Glidden, WI 54527

103 N Main St

Mellen, WI 54546

321 2nd St W

Ashland, WI 54806

226 W Bayfield St

Washburn, WI 54891

213 Main St N

Aurora, MN 55705

321 Main St W

Ashland, WI 54806

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