BlackRidgeBANK

BlackRidgeBANK is headquartered in Fargo and is the 18^st largest bank in the state of North Dakota. It is also the 1,881^st largest bank in the nation. It was established in 2007 and as of December of 2011, it had grown to 85 employees at 11 locations. BlackRidgeBANK has a 4-star health rating.

Data for Q4 2011

Institution Statistics BlackRidgeBANK FDIC Certificate # 58580 BankRate Report View Year Established 2007 Employees 85 Primary Regulator FDIC Assets and Liabilities Assets $348.26 million Loans $267.16 million Deposits $299.29 million Equity Capital $46.54 million Loan Loss Allowance $3.56 million Unbacked Noncurrent Loans $5.66 million Real Estate Owned $4.54 million Historic Data - December 2010 Assets $98.20 million Equity Capital $8.41 million Loan Loss Allowance $995,000 Unbacked Noncurrent Loans $265,000 Real Estate Owned $85,000 Profit Margin - Quarterly Net Interest Margin 4.55% Return on Assets 0.77% Return on Equity 5.81% Interest Income $17.54 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 BlackRidgeBANK had $10.2 million in non-current loans and owned real-estate with $50.1 million in equity and loan loss allowances on hand to cover it. This gives BlackRidgeBANK a Texas Ratio of 20.36% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for BlackRidgeBANK increased slightly from 3.72% as of December 31, 2010 to 20.36% as of December 31, 2011, resulting in a negative change of 447.22%. This indicates that the balance sheet and financial strength for BlackRidgeBANK has declined slightly in recent periods. Deposit Growth In the past year, BlackRidgeBANK has increased its total deposits by $212.45 million, resulting in 244.64% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth BlackRidgeBANK has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. BlackRidgeBANK has $348.26 million in assets with $50.1 million in equity, resulting in a capitalization level of 14.39%, which is excellent.

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