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Northern States Financial Corp

Northern States Financial Corporation (NSFC) is a bank holding company based in Upper Darby, Pennsylvania, USA. The company operates through its subsidiary, Customers Bank, which provides a range of banking and financial services to individuals, businesses, and government entities.

As of 2021, NSFC is listed on the NASDAQ stock exchange under the ticker symbol "Northern". The company's stock price and financial performance are influenced by various factors, including interest rates, economic conditions, regulatory requirements, and competition in the banking industry.

NSFC's business model is primarily focused on commercial banking, with a focus on small and medium-sized businesses. The company offers a range of loan products, including commercial and industrial loans, commercial real estate loans, and residential mortgage loans. NSFC also provides deposit products, such as checking accounts, savings accounts, and certificates of deposit.

As of 2021, NSFC's total assets were approximately $14.3 billion, with total loans of $9.9 billion and total deposits of $11.2 billion. The company's net interest margin was 3.22%, and its return on equity was 7.32%.

Overall, Northern States Financial Corporation is a well-established bank holding company with a strong presence in the Mid-Atlantic region of the United States. The company's focus on commercial banking and small and medium-sized businesses has allowed it to differentiate itself from larger banks and maintain a competitive position in the industry.