I just called the bank and the lady I spoke with said that she didn't think the bank owed TARP money. She transferred me to a bank honcho but he wasn't there. I left a message. I assume he'll get back in touch with me as soon as he can, hopefully today.
I was hoping NSBK's quarterly would pack a punch. Instead, it appears the bank was punched in the gut. Unless there is a drastic turnaround next quarter, I think Northern Star's days are numbered.
My assumption is that NSBK might be the next bank on the FDIC chopping block. This little financial institution just lost over 400K for the fourth quarter.
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