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Northwoods Bank Of Minnesota
Park Rapids, MN · FDIC Certificate #1415 · Chartered 09/1
Total assets
$140.61M
Total deposits
$124.96M
Total equity
$12.97M
Net loans
$76.57M
Branches (offices)
4
Net income (YTD)
$742.00K
Rank: #3,371 of 4,213 U.S. banks by assets · #139 of 221 in Minnesota. Assets changed 2.6% and deposits 3.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.05% |
| Return on equity | 11.40% |
| Net interest margin (YTD) | 4.01% |
| Equity to assets | 9.22% |
| Tier 1 leverage ratio | 11.22% |
| Uninsured deposits (share of deposits) | 19.1% |
| Noncurrent loans (share of loans) | 0.03% |
| Net charge-offs (share of loans) | -0.01% |
| Loans to deposits | 61.3% |
| Real estate loans (share of loans) | 95.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $72.92M | 95.2% | |
| Commercial & industrial | $3.17M | 4.1% | |
| Consumer / individual | $879.00K | 1.1% | |
| Construction & development | $4.19M | 5.5% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $139.98M | $129.06M | $589.00K | $9.18M |
| Jun 2023 | $142.38M | $130.33M | $607.00K | $9.37M |
| Jun 2024 | $136.59M | $122.13M | $340.00K | $10.25M |
| Jun 2025 | $137.08M | $121.21M | $468.00K | $11.23M |
| Jun 2026 | $140.61M | $124.96M | $742.00K | $12.97M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $124.96M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $124.96M.
Similar-sized banks
Valley Premier Bank ($141.01M) · Spur Security Bank ($140.55M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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