BlastPoint's Banking Scorecard
North Shore Bank of Commerce
Community
Specialty: Commercial
MN
FDIC cert 8850
Duluth, MN
1484
banks in Community tier nationally
45 in MN
View Community leaderboard (MN) →
North Shore Bank of Commerce has 1 strength but faces 4 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Revenue Diversifier: Top 11% in Community
Key Concerns
Areas that may need attention
- - Credit Quality Pressure: Bottom 11% in Community
- - Credit Risk Growth: Bottom 12% in Community
- - Margin Compression: Bottom 31% in Community
- - Cost Spiral: Bottom 95% in Community
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$582.8M
+11.3% YoY
+3.1% QoQ
|
-$808.6M |
$1.4B
+2.0% YoY
|
$508.2M
+6.2% YoY
|
$5.9B
+6.5% YoY
|
Bottom 12% in tier |
| Total Loans ? |
$437.1M
+4.5% YoY
-0.2% QoQ
|
-$538.4M |
$975.5M
+2.4% YoY
|
$283.0M
+6.2% YoY
|
$3.1B
+8.5% YoY
|
21% |
| Total Deposits ? |
$493.4M
+15.8% YoY
+3.2% QoQ
|
-$671.2M |
$1.2B
+1.7% YoY
|
$438.4M
+5.3% YoY
|
$4.7B
+6.3% YoY
|
Bottom 12% in tier |
| Return on Assets ? |
1.55%
-30.6% YoY
+11.0% QoQ
|
+0.39% |
1.16%
+17.2% YoY
|
1.11%
+14.5% YoY
|
1.12%
+15.6% YoY
|
76% |
| Net Interest Margin ? |
4.27%
+4.9% YoY
+1.1% QoQ
|
+0.60% |
3.66%
+9.1% YoY
|
3.81%
+8.2% YoY
|
3.75%
+7.1% YoY
|
80% |
| Efficiency Ratio ? |
72.58%
+11.4% YoY
-3.0% QoQ
|
+9.94% |
62.63%
-5.3% YoY
|
65.34%
-5.0% YoY
|
65.09%
-5.1% YoY
|
22% |
| Delinquency Rate ? |
0.18%
+16.2% YoY
+38.7% QoQ
|
-0.45% |
0.63%
+18.3% YoY
|
0.65%
+17.8% YoY
|
0.66%
+20.3% YoY
|
72% |
| Loan-to-Deposit Ratio ? |
88.59%
-9.7% YoY
-3.3% QoQ
|
+5.53% |
83.06%
+0.3% YoY
|
76.97%
-0.8% YoY
|
78.04%
+0.7% YoY
|
39% |
| Non-Interest-Bearing Deposit Share ? |
28.26%
-15.3% YoY
-1.7% QoQ
|
+7.21% |
21.05%
-0.9% YoY
|
21.89%
-2.6% YoY
|
21.79%
-1.3% YoY
|
80% |
| Nonperforming Asset Ratio ? |
0.13%
+9.1% YoY
+34.2% QoQ
|
-0.36% |
0.50%
+20.3% YoY
|
0.46%
+7.5% YoY
|
0.48%
+20.8% YoY
|
73% |
| Tier 1 Capital Ratio ? | 0.00% | -10.24% |
10.24%
-0.6% YoY
|
11.33%
-0.2% YoY
|
9.75%
-1.9% YoY
|
29% |
| Non-Interest Income / Assets ? |
2.01%
-28.4% YoY
+31.8% QoQ
|
+1.27% |
0.74%
-1.3% YoY
|
0.50%
+4.9% YoY
|
0.65%
+0.6% YoY
|
Top 4% in tier |
Signature Analysis
Strengths (1)
Revenue Diversifier
growth
#41 of 371 · Top 11% in Community
Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Why this signature
Noninterest Income / Assets:
2.01%
(Tier: 0.74%, National: 0.65%)
Return on Assets:
1.55%
(Tier: 1.16%, National: 1.12%)
371 of 371 Community banks match
·
441 nationally
→ Stable
+4 banks QoQ
|
QoQ rank improving
Concerns (4)
Credit Quality Pressure
risk
#89 of 808 · Bottom 11% in Community
Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.
Why this signature
Delinquency Rate:
0.18%
(Tier: 0.63%, National: 0.66%)
808 of 808 Community banks match
·
961 nationally
→ Stable
+22 banks QoQ
|
QoQ rank declining
Credit Risk Growth
risk
#77 of 642 · Bottom 12% in Community
Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.
642 of 642 Community banks match
·
759 nationally
→ Stable
+24 banks QoQ
|
QoQ rank declining
Margin Compression
decline
#38 of 120 · Bottom 31% in Community
Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.
Why this signature
Return on Assets:
1.55%
(Tier: 1.16%, National: 1.12%)
120 of 120 Community banks match
·
147 nationally
→ Stable
-9 banks QoQ
Cost Spiral
risk
#38 of 40 · Bottom 95% in Community
Historically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.
Why this signature
Efficiency Ratio:
72.58%
(Tier: 62.63%, National: 65.09%)
40 of 40 Community banks match
·
50 nationally
↓ Shrinking
-10 banks QoQ
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
96
96th pctile
Non-Interest Income / Assets
Current: 2.01% · Tier avg: 0.74%
80
80th pctile
Non-Interest-Bearing Deposit Share
Current: 28.26% · Tier avg: 21.05%
80
80th pctile
Net Interest Margin
Current: 4.27% · Tier avg: 3.66%
76
76th pctile
Return on Assets
Current: 1.55% · Tier avg: 1.16%
73
73th pctile
Nonperforming Asset Ratio
Current: 0.13% · Tier avg: 0.50%
72
72th pctile
Delinquency Rate
Current: 0.18% · Tier avg: 0.63%
39
39th pctile
Loan-to-Deposit Ratio
Current: 88.59% · Tier avg: 83.06%
29
29th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
22
22th pctile
Efficiency Ratio
Current: 72.58% · Tier avg: 62.63%
21
21th pctile
Total Loans
Current: $437.1M · Tier avg: $975.5M
12
12th pctile
Total Deposits
Current: $493.4M · Tier avg: $1.2B
12
12th pctile
Total Assets
Current: $582.8M · Tier avg: $1.4B
Top Weaknesses
12
12th pctile
Total Assets
Current: $582.8M · Tier avg: $1.4B
12
12th pctile
Total Deposits
Current: $493.4M · Tier avg: $1.2B
21
21th pctile
Total Loans
Current: $437.1M · Tier avg: $975.5M
22
22th pctile
Efficiency Ratio
Current: 72.58% · Tier avg: 62.63%
29
29th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 10.24%
39
39th pctile
Loan-to-Deposit Ratio
Current: 88.59% · Tier avg: 83.06%
72
72th pctile
Delinquency Rate
Current: 0.18% · Tier avg: 0.63%
73
73th pctile
Nonperforming Asset Ratio
Current: 0.13% · Tier avg: 0.50%
76
76th pctile
Return on Assets
Current: 1.55% · Tier avg: 1.16%
80
80th pctile
Net Interest Margin
Current: 4.27% · Tier avg: 3.66%
80
80th pctile
Non-Interest-Bearing Deposit Share
Current: 28.26% · Tier avg: 21.05%
96
96th pctile
Non-Interest Income / Assets
Current: 2.01% · Tier avg: 0.74%