401k Plan data: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST plan

FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 401k Plan overview

Plan Name	FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Plan identification number	002

FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Stock bonus
ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
The employer maintaining this ESOP is an S Corporation
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

FIRST NATIONAL BANK OF BEMIDJI has sponsored the creation of one or more 401k plans.

Company Name: FIRST NATIONAL BANK OF BEMIDJI

Employer identification number (EIN): 410145155

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 RYAN WELLE 2023-07-21 RYAN WELLE 2023-07-21
002 2021-01-01 RYAN WELLE 2022-07-18
002 2020-01-01 RYAN WELLE 2021-03-04
002 2019-01-01 RYAN WELLE 2020-06-03
002 2018-01-01
002 2017-01-01
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2014-01-01
002 2013-01-01 RYAN WELLE
002 2012-01-01 PAUL WELLE
002 2011-01-01 HUGH J. WELLE
002 2009-01-01 NICOLE MEDGAARDEN

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	RYAN WELLE	2023-07-21	RYAN WELLE	2023-07-21
002	2021-01-01	RYAN WELLE	2022-07-18
002	2020-01-01	RYAN WELLE	2021-03-04
002	2019-01-01	RYAN WELLE	2020-06-03
002	2018-01-01
002	2017-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01
002	2013-01-01	RYAN WELLE
002	2012-01-01	PAUL WELLE
002	2011-01-01	HUGH J. WELLE
002	2009-01-01	NICOLE MEDGAARDEN

Plan Statistics for FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

401k plan membership statisitcs for FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Measure Date Value
2022: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 98
Number of retired or separated participants receiving benefits 2022-01-01 12
Number of other retired or separated participants entitled to future benefits 2022-01-01 5
Total of all active and inactive participants 2022-01-01 115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 115
Number of participants with account balances 2022-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 4
2021: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 94
Number of retired or separated participants receiving benefits 2021-01-01 4
Number of other retired or separated participants entitled to future benefits 2021-01-01 4
Total of all active and inactive participants 2021-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 102
Number of participants with account balances 2021-01-01 101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 4
2020: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year 2020-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 99
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 6
Total of all active and inactive participants 2020-01-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 105
Number of participants with account balances 2020-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 2
2019: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year 2019-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 97
Number of retired or separated participants receiving benefits 2019-01-01 2
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 101
Number of participants with account balances 2019-01-01 100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 6
2018: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year 2018-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 99
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 2
Total of all active and inactive participants 2018-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 101
Number of participants with account balances 2018-01-01 100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 1
2017: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year 2017-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 95
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 5
Total of all active and inactive participants 2017-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 101
Number of participants with account balances 2017-01-01 100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 3
2016: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year 2016-01-01 101
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 93
Number of retired or separated participants receiving benefits 2016-01-01 1
Number of other retired or separated participants entitled to future benefits 2016-01-01 6
Total of all active and inactive participants 2016-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 100
Number of participants with account balances 2016-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 2
2015: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 100
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 86
Number of retired or separated participants receiving benefits 2015-01-01 2
Number of other retired or separated participants entitled to future benefits 2015-01-01 11
Total of all active and inactive participants 2015-01-01 99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 99
Number of participants with account balances 2015-01-01 99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 6
2014: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 104
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 95
Number of retired or separated participants receiving benefits 2014-01-01 1
Number of other retired or separated participants entitled to future benefits 2014-01-01 7
Total of all active and inactive participants 2014-01-01 103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 103
Number of participants with account balances 2014-01-01 103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 3
2013: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 98
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 97
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 7
Total of all active and inactive participants 2013-01-01 104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 104
Number of participants with account balances 2013-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 4
2012: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 91
Number of retired or separated participants receiving benefits 2012-01-01 1
Number of other retired or separated participants entitled to future benefits 2012-01-01 3
Total of all active and inactive participants 2012-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 95
Number of participants with account balances 2012-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 89
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 10
Total of all active and inactive participants 2011-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 100
Number of participants with account balances 2011-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 5
2009: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 100
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 5
Total of all active and inactive participants 2009-01-01 106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 106
Number of participants with account balances 2009-01-01 105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 2

Measure	Date	Value
2022: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	98
Number of retired or separated participants receiving benefits	2022-01-01	12
Number of other retired or separated participants entitled to future benefits	2022-01-01	5
Total of all active and inactive participants	2022-01-01	115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	115
Number of participants with account balances	2022-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	4
2021: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	94
Number of retired or separated participants receiving benefits	2021-01-01	4
Number of other retired or separated participants entitled to future benefits	2021-01-01	4
Total of all active and inactive participants	2021-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	102
Number of participants with account balances	2021-01-01	101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	4
2020: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year	2020-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	99
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	6
Total of all active and inactive participants	2020-01-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	105
Number of participants with account balances	2020-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	2
2019: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year	2019-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	97
Number of retired or separated participants receiving benefits	2019-01-01	2
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	101
Number of participants with account balances	2019-01-01	100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	6
2018: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year	2018-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	99
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	2
Total of all active and inactive participants	2018-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	101
Number of participants with account balances	2018-01-01	100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	1
2017: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year	2017-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	95
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	5
Total of all active and inactive participants	2017-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	101
Number of participants with account balances	2017-01-01	100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	3
2016: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year	2016-01-01	101
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	93
Number of retired or separated participants receiving benefits	2016-01-01	1
Number of other retired or separated participants entitled to future benefits	2016-01-01	6
Total of all active and inactive participants	2016-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	100
Number of participants with account balances	2016-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	2
2015: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	100
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	86
Number of retired or separated participants receiving benefits	2015-01-01	2
Number of other retired or separated participants entitled to future benefits	2015-01-01	11
Total of all active and inactive participants	2015-01-01	99
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	99
Number of participants with account balances	2015-01-01	99
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	6
2014: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	104
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	95
Number of retired or separated participants receiving benefits	2014-01-01	1
Number of other retired or separated participants entitled to future benefits	2014-01-01	7
Total of all active and inactive participants	2014-01-01	103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	103
Number of participants with account balances	2014-01-01	103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	3
2013: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	98
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	97
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	7
Total of all active and inactive participants	2013-01-01	104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	104
Number of participants with account balances	2013-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	4
2012: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	91
Number of retired or separated participants receiving benefits	2012-01-01	1
Number of other retired or separated participants entitled to future benefits	2012-01-01	3
Total of all active and inactive participants	2012-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	95
Number of participants with account balances	2012-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	89
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	10
Total of all active and inactive participants	2011-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	100
Number of participants with account balances	2011-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	5
2009: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	100
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	5
Total of all active and inactive participants	2009-01-01	106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	106
Number of participants with account balances	2009-01-01	105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	2

Financial Data on FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Measure	Date	Value
2022 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$10,398,323
Total plan liabilities at beginning of year	2022-12-31	$8,922,455
Total income from all sources	2022-12-31	$3,087,685
Expenses. Total of all expenses incurred	2022-12-31	$4,329,273
Benefits paid (including direct rollovers)	2022-12-31	$4,000,664
Total plan assets at end of year	2022-12-31	$30,185,896
Total plan assets at beginning of year	2022-12-31	$29,951,616
Value of fidelity bond covering the plan	2022-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2022-12-31	$328,609
Other income received	2022-12-31	$2,612,685
Net income (gross income less expenses)	2022-12-31	$-1,241,588
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$19,787,573
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$21,029,161
Assets. Value of employer securities	2022-12-31	$28,175,200
Total contributions received or receivable from employer(s)	2022-12-31	$475,000
2021 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$8,922,455
Total plan liabilities at beginning of year	2021-12-31	$6,258,723
Total income from all sources	2021-12-31	$4,255,628
Expenses. Total of all expenses incurred	2021-12-31	$5,047,986
Benefits paid (including direct rollovers)	2021-12-31	$4,773,345
Total plan assets at end of year	2021-12-31	$29,951,616
Total plan assets at beginning of year	2021-12-31	$28,080,242
Value of fidelity bond covering the plan	2021-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$255,606
Other income received	2021-12-31	$3,805,628
Net income (gross income less expenses)	2021-12-31	$-792,358
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$21,029,161
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$21,821,519
Assets. Value of employer securities	2021-12-31	$28,175,200
Total contributions received or receivable from employer(s)	2021-12-31	$450,000
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$19,035
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$6,258,723
Total plan liabilities at beginning of year	2020-12-31	$6,528,745
Total income from all sources	2020-12-31	$2,751,935
Expenses. Total of all expenses incurred	2020-12-31	$2,049,287
Benefits paid (including direct rollovers)	2020-12-31	$1,836,373
Total plan assets at end of year	2020-12-31	$28,080,242
Total plan assets at beginning of year	2020-12-31	$27,647,616
Value of fidelity bond covering the plan	2020-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2020-12-31	$212,914
Other income received	2020-12-31	$2,351,935
Net income (gross income less expenses)	2020-12-31	$702,648
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$21,821,519
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$21,118,871
Assets. Value of employer securities	2020-12-31	$26,457,200
Total contributions received or receivable from employer(s)	2020-12-31	$400,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$6,528,745
Total plan liabilities at beginning of year	2019-12-31	$3,786,110
Total income from all sources	2019-12-31	$2,552,490
Expenses. Total of all expenses incurred	2019-12-31	$5,142,718
Benefits paid (including direct rollovers)	2019-12-31	$4,943,068
Total plan assets at end of year	2019-12-31	$27,647,616
Total plan assets at beginning of year	2019-12-31	$27,495,209
Value of fidelity bond covering the plan	2019-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$180,055
Other income received	2019-12-31	$2,202,490
Net income (gross income less expenses)	2019-12-31	$-2,590,228
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$21,118,871
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$23,709,099
Assets. Value of employer securities	2019-12-31	$26,422,840
Total contributions received or receivable from employer(s)	2019-12-31	$350,000
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$19,595
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$3,786,110
Total income from all sources	2018-12-31	$3,285,434
Expenses. Total of all expenses incurred	2018-12-31	$6,394,865
Benefits paid (including direct rollovers)	2018-12-31	$6,268,255
Total plan assets at end of year	2018-12-31	$27,495,209
Total plan assets at beginning of year	2018-12-31	$26,818,530
Value of fidelity bond covering the plan	2018-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$90,484
Other income received	2018-12-31	$2,985,434
Net income (gross income less expenses)	2018-12-31	$-3,109,431
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$23,709,099
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$26,818,530
Assets. Value of employer securities	2018-12-31	$26,019,110
Total contributions received or receivable from employer(s)	2018-12-31	$300,000
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$36,126
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2017 401k financial data
Total income from all sources	2017-12-31	$2,790,109
Expenses. Total of all expenses incurred	2017-12-31	$5,181,579
Benefits paid (including direct rollovers)	2017-12-31	$5,164,505
Total plan assets at end of year	2017-12-31	$26,818,530
Total plan assets at beginning of year	2017-12-31	$29,210,000
Value of fidelity bond covering the plan	2017-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2017-12-31	$17,074
Other income received	2017-12-31	$2,525,109
Net income (gross income less expenses)	2017-12-31	$-2,391,470
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$26,818,530
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$29,210,000
Assets. Value of employer securities	2017-12-31	$24,739,200
Total contributions received or receivable from employer(s)	2017-12-31	$265,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2016 401k financial data
Total income from all sources	2016-12-31	$4,072,270
Expenses. Total of all expenses incurred	2016-12-31	$3,666,853
Benefits paid (including direct rollovers)	2016-12-31	$3,648,706
Total plan assets at end of year	2016-12-31	$29,210,000
Total plan assets at beginning of year	2016-12-31	$28,804,583
Value of fidelity bond covering the plan	2016-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2016-12-31	$18,147
Other income received	2016-12-31	$3,812,270
Net income (gross income less expenses)	2016-12-31	$405,417
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$29,210,000
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$28,804,583
Assets. Value of employer securities	2016-12-31	$24,137,984
Total contributions received or receivable from employer(s)	2016-12-31	$260,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 401k financial data
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$2,692,668
Expenses. Total of all expenses incurred	2015-12-31	$671,833
Benefits paid (including direct rollovers)	2015-12-31	$648,289
Total plan assets at end of year	2015-12-31	$28,804,583
Total plan assets at beginning of year	2015-12-31	$26,783,748
Value of fidelity bond covering the plan	2015-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2015-12-31	$23,544
Other income received	2015-12-31	$2,417,668
Net income (gross income less expenses)	2015-12-31	$2,020,835
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$28,804,583
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$26,783,748
Assets. Value of employer securities	2015-12-31	$22,170,867
Total contributions received or receivable from employer(s)	2015-12-31	$275,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$0
Total income from all sources	2014-12-31	$3,326,295
Expenses. Total of all expenses incurred	2014-12-31	$360,380
Benefits paid (including direct rollovers)	2014-12-31	$344,365
Total plan assets at end of year	2014-12-31	$26,783,748
Total plan assets at beginning of year	2014-12-31	$23,817,833
Value of fidelity bond covering the plan	2014-12-31	$2,500,000
Expenses. Other expenses not covered elsewhere	2014-12-31	$16,015
Other income received	2014-12-31	$3,076,295
Net income (gross income less expenses)	2014-12-31	$2,965,915
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$26,783,748
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$23,817,833
Assets. Value of employer securities	2014-12-31	$21,346,225
Total contributions received or receivable from employer(s)	2014-12-31	$250,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 401k financial data
Total income from all sources	2013-12-31	$2,800,524
Expenses. Total of all expenses incurred	2013-12-31	$3,727,232
Benefits paid (including direct rollovers)	2013-12-31	$3,711,872
Total plan assets at end of year	2013-12-31	$23,817,833
Total plan assets at beginning of year	2013-12-31	$24,744,541
Value of fidelity bond covering the plan	2013-12-31	$2,500,000
Expenses. Other expenses not covered elsewhere	2013-12-31	$15,360
Other income received	2013-12-31	$2,565,524
Net income (gross income less expenses)	2013-12-31	$-926,708
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$23,817,833
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$24,744,541
Assets. Value of employer securities	2013-12-31	$19,679,759
Total contributions received or receivable from employer(s)	2013-12-31	$235,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 401k financial data
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$2,985,174
Expenses. Total of all expenses incurred	2012-12-31	$490,713
Benefits paid (including direct rollovers)	2012-12-31	$472,774
Total plan assets at end of year	2012-12-31	$24,744,541
Total plan assets at beginning of year	2012-12-31	$22,250,080
Value of fidelity bond covering the plan	2012-12-31	$2,500,000
Expenses. Other expenses not covered elsewhere	2012-12-31	$17,939
Other income received	2012-12-31	$2,750,174
Net income (gross income less expenses)	2012-12-31	$2,494,461
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$24,744,541
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$22,250,080
Assets. Value of employer securities	2012-12-31	$18,296,764
Total contributions received or receivable from employer(s)	2012-12-31	$235,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 401k financial data
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$2,882,816
Expenses. Total of all expenses incurred	2011-12-31	$1,302,021
Benefits paid (including direct rollovers)	2011-12-31	$1,285,845
Total plan assets at end of year	2011-12-31	$22,250,080
Total plan assets at beginning of year	2011-12-31	$20,669,285
Value of fidelity bond covering the plan	2011-12-31	$2,000,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$16,176
Other income received	2011-12-31	$2,647,816
Net income (gross income less expenses)	2011-12-31	$1,580,795
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$22,250,080
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$20,669,285
Assets. Value of employer securities	2011-12-31	$16,922,359
Total contributions received or receivable from employer(s)	2011-12-31	$235,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$2,410,990
Expenses. Total of all expenses incurred	2010-12-31	$969,881
Benefits paid (including direct rollovers)	2010-12-31	$948,326
Total plan assets at end of year	2010-12-31	$20,669,285
Total plan assets at beginning of year	2010-12-31	$19,228,176
Value of fidelity bond covering the plan	2010-12-31	$2,000,000
Other income received	2010-12-31	$2,190,990
Net income (gross income less expenses)	2010-12-31	$1,441,109
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$20,669,285
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$19,228,176
Assets. Value of employer securities	2010-12-31	$15,628,959
Total contributions received or receivable from employer(s)	2010-12-31	$220,000
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$21,555
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

2022: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST NATIONAL BANK OF BEMIDJI EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST NATIONAL BANK OF BEMIDJI
Employer identification number (EIN):	410145155
NAIC Classification:	522110
NAIC Description:	Commercial Banking