Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Net income3 4 5 6 7 $17.4M in 2025−41% since 2019 0 $20.0M $40.0M $60.0M 2019: $29.5M $29.5M 2019 2020: $44.7M $44.7M 2020 +51% 2021: $52.7M $52.7M 2021 +18% 2022: $40.0M $40.0M 2022 −24% 2023: $11.7M $11.7M 2023 −71% 2024: $17.8M $17.8M 2024 +52% 2025: $17.4M $17.4M 2025 −2% Net income8 9 10 $20.9M in Q2 FY2026+23% since Q3 FY2025 0 $10.0M $20.0M $30.0M Q3 FY2025: $16.9M $16.9M Q3 FY2025 Q1 FY2026: $23.0M $23.0M Q1 FY2026 +36% Q2 FY2026: $20.9M $20.9M Q2 FY2026 −9% Fiscal year 2019 2020 2021 2022 2023 2024 2025 2026 Interest $18.7M3 $12.3M4 $5.6M5 $15.8M5 $77.0M5 Income tax $9.4M3 $13.8M4 $16.4M5 $12.2M6 $4.2M7 $5.4M7 $5.2M7 Net income $29.5M3 $44.7M4 $52.7M5 $40.0M6 $11.7M7 $17.8M7 $17.4M7 Earnings per share $1.963 $2.574 $3.025 $2.126 $0.597 $0.847 $0.697 Earnings per share (diluted) $1.913 $2.524 $2.975 $2.106 $0.587 $0.837 $0.687
Total assets3 4 5 6 7 $5.2B in 2025+122% since 2019 0 $2.0B $4.0B $6.0B 2019: $2.4B $2.4B 2019 2020: $3.0B $3.0B 2020 +28% 2021: $3.4B $3.4B 2021 +13% 2022: $3.8B $3.8B 2022 +11% 2023: $3.9B $3.9B 2023 +3% 2024: $5.3B $5.3B 2024 +35% 2025: $5.2B $5.2B 2025 −1% Total liabilities11 3 4 5 6 7 $4.7B in 2025+125% since 2019 0 $2.0B $4.0B $6.0B 2019: $2.1B $2.1B 2019 2020: $2.7B $2.7B 2020 +30% 2021: $3.0B $3.0B 2021 +13% 2022: $3.4B $3.4B 2022 +13% 2023: $3.5B $3.5B 2023 +3% 2024: $4.8B $4.8B 2024 +35% 2025: $4.7B $4.7B 2025 −2% Shareholders’ equity4 5 6 7 $564.9M in 2025+98% since 2019 0 $200.0M $400.0M $600.0M 2019: $285.7M $285.7M 2019 2020: $330.2M $330.2M 2020 +16% 2021: $359.4M $359.4M 2021 +9% 2022: $356.9M $356.9M 2022 −1% 2023: $369.1M $369.1M 2023 +3% 2024: $495.4M $495.4M 2024 +34% 2025: $564.9M $564.9M 2025 +14% Cash11 3 4 5 6 7 $67.2M in 2025−53% since 2019 0 $100.0M $200.0M $300.0M 2019: $144.0M $144.0M 2019 2020: $173.0M $173.0M 2020 +20% 2021: $242.3M $242.3M 2021 +40% 2022: $58.2M $58.2M 2022 −76% 2023: $129.9M $129.9M 2023 +123% 2024: $61.2M $61.2M 2024 −53% 2025: $67.2M $67.2M 2025 +10% Long-term debt11 3 4 5 6 7 $59.2M in 2025+1% since 2019 0 $20.0M $40.0M $60.0M 2019: $58.8M $58.8M 2019 2020: $58.7M $58.7M 2020 −0% 2021: $58.9M $58.9M 2021 +0% 2022: $58.8M $58.8M 2022 −0% 2023: $59.0M $59.0M 2023 +0% 2024: $59.1M $59.1M 2024 +0% 2025: $59.2M $59.2M 2025 +0% Total assets8 9 10 $5.3B in Q2 FY2026−1% since Q3 FY2025 0 $2.0B $4.0B $6.0B Q3 FY2025: $5.3B $5.3B Q3 FY2025 Q1 FY2025: $5.2B $5.2B Q1 FY2025 −2% Q2 FY2025: $5.2B $5.2B Q2 FY2025 +0% Q1 FY2026: $5.3B $5.3B Q1 FY2026 +1% Q2 FY2026: $5.3B $5.3B Q2 FY2026 +0% Total liabilities8 9 10 $4.7B in Q2 FY2026−2% since Q3 FY2025 0 $2.0B $4.0B $6.0B Q3 FY2025: $4.8B $4.8B Q3 FY2025 Q1 FY2025: $4.7B $4.7B Q1 FY2025 −2% Q2 FY2025: $4.7B $4.7B Q2 FY2025 +0% Q1 FY2026: $4.7B $4.7B Q1 FY2026 +1% Q2 FY2026: $4.7B $4.7B Q2 FY2026 −0% Shareholders’ equity8 9 10 $583.1M in Q2 FY2026+6% since Q3 FY2025 0 $200.0M $400.0M $600.0M Q3 FY2025: $550.7M $550.7M Q3 FY2025 Q1 FY2025: $564.9M $564.9M Q1 FY2025 +3% Q2 FY2025: $564.9M $564.9M Q2 FY2025 +0% Q1 FY2026: $574.7M $574.7M Q1 FY2026 +2% Q2 FY2026: $583.1M $583.1M Q2 FY2026 +1% Cash8 9 10 $109.0M in Q2 FY2026+18% since Q3 FY2025 0 $50.0M $100.0M $150.0M Q3 FY2025: $92.0M $92.0M Q3 FY2025 Q1 FY2025: $67.2M $67.2M Q1 FY2025 −27% Q2 FY2025: $67.2M $67.2M Q2 FY2025 +0% Q1 FY2026: $128.8M $128.8M Q1 FY2026 +92% Q2 FY2026: $109.0M $109.0M Q2 FY2026 −15% Long-term debt8 9 10 $59.2M in Q2 FY2026+0% since Q3 FY2025 0 $20.0M $40.0M $60.0M Q3 FY2025: $59.2M $59.2M Q3 FY2025 Q1 FY2025: $59.2M $59.2M Q1 FY2025 +0% Q2 FY2025: $59.2M $59.2M Q2 FY2025 +0% Q1 FY2026: $59.2M $59.2M Q1 FY2026 +0% Q2 FY2026: $59.2M $59.2M Q2 FY2026 +0% Fiscal year 2019 2020 2021 2022 2023 2024 2025 2026 Cash $144.0M11 $173.0M3 $242.3M4 $58.2M5 $129.9M6 $61.2M7 $67.2M7 Total assets $2.4B3 $3.0B4 $3.4B5 $3.8B6 $3.9B7 $5.3B7 $5.2B7 Long-term debt $58.8M11 $58.7M3 $58.9M4 $58.8M5 $59.0M6 $59.1M7 $59.2M7 Total liabilities $2.1B11 $2.7B3 $3.0B4 $3.4B5 $3.5B6 $4.8B7 $4.7B7 Shareholders’ equity $285.7M4 $330.2M5 $359.4M6 $356.9M7 $369.1M7 $495.4M7 $564.9M7 Shares outstanding 17.0M shares11 17.1M shares3 17.2M shares4 20.0M shares5 19.7M shares6 25.3M shares7 25.4M shares7 25.4M shares7
Cash from operations3 4 5 6 7 $67.5M in 2025+251% since 2019 -$50.0M 0 $50.0M $100.0M $150.0M 2019: $19.2M $19.2M 2019 2020: -$22.3M -$22.3M 2020 2021: $149.8M $149.8M 2021 2022: $103.0M $103.0M 2022 −31% 2023: $26.8M $26.8M 2023 −74% 2024: $21.7M $21.7M 2024 −19% 2025: $67.5M $67.5M 2025 +211% Capital spending3 4 5 6 7 $8.7M in 2025+200% since 2019 0 $5.0M $10.0M $15.0M 2019: $2.9M $2.9M 2019 2020: $3.8M $3.8M 2020 +31% 2021: $1.7M $1.7M 2021 −55% 2022: $1.8M $1.8M 2022 +5% 2023: $3.1M $3.1M 2023 +72% 2024: $12.4M $12.4M 2024 +303% 2025: $8.7M $8.7M 2025 −30% Free cash flow3 4 5 6 7 $58.8M in 2025+260% since 2019 -$50.0M 0 $50.0M $100.0M $150.0M 2019: $16.3M $16.3M 2019 2020: -$26.1M -$26.1M 2020 2021: $148.1M $148.1M 2021 2022: $101.2M $101.2M 2022 −32% 2023: $23.7M $23.7M 2023 −77% 2024: $9.4M $9.4M 2024 −61% 2025: $58.8M $58.8M 2025 +527% Dividends paid3 4 5 6 7 $20.8M in 2025+134% since 2019 0 $10.0M $20.0M $30.0M 2019: $8.9M $8.9M 2019 2020: $10.4M $10.4M 2020 +17% 2021: $10.8M $10.8M 2021 +4% 2022: $12.8M $12.8M 2022 +19% 2023: $14.8M $14.8M 2023 +16% 2024: $15.4M $15.4M 2024 +4% 2025: $20.8M $20.8M 2025 +35% Share buybacks3 4 5 6 7 $737.0K in 2025−62% since 2019 0 $2.0M $4.0M $6.0M $8.0M 2019: $1.9M $1.9M 2019 2020: $482.0K $482.0K 2020 −75% 2021: $712.0K $712.0K 2021 +48% 2022: $738.0K $738.0K 2022 +4% 2023: $6.6M $6.6M 2023 +799% 2024: $276.0K $276.0K 2024 −96% 2025: $737.0K $737.0K 2025 +167% Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2019 2020 2021 2022 2023 2024 2025 2026 Cash from operations $19.2M3 -$22.3M4 $149.8M5 $103.0M6 $26.8M7 $21.7M7 $67.5M7 Capital spending $2.9M3 $3.8M4 $1.7M5 $1.8M6 $3.1M7 $12.4M7 $8.7M7 Free cash flow $16.3M -$26.1M $148.1M $101.2M $23.7M $9.4M $58.8M Dividends paid $8.9M3 $10.4M4 $10.8M5 $12.8M6 $14.8M7 $15.4M7 $20.8M7 Share buybacks $1.9M3 $482.0K4 $712.0K5 $738.0K6 $6.6M7 $276.0K7 $737.0K7 Dividend per share $0.573 $0.604 $0.635 $0.706 $0.757 $0.797 $0.837
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Former names
FIRST NATIONAL CORP NORTH DAKOTA Jul 22, 1998 to Feb 7, 20022
Recent filings
Sep 15, 2026 4 KARI KOOB FORM 4Sep 14, 2026 144 Sep 10, 2026 EFFECT Sep 2, 2026 4 JEFF BOLTON FORM 4 FILINGSep 2, 2026 S-3 Aug 27, 2026 8-K Aug 3, 2026 10-Q Jul 29, 2026 8-K Jul 6, 2026 4 KARI KOOB FORM 4 7.6.26Jul 1, 2026 4 KARI KOOB FORM 4 7/3/26Jun 29, 2026 4 KARI KOOB FORM 4 FILINGMay 29, 2026 4 May 27, 2026 4 May 27, 2026 4 May 27, 2026 4 Every filing from the last three years, summarized . The full record is on SEC EDGAR.1
