Northwoods Bank of Minnesota

Northwoods Bank of Minnesota is headquartered in Park Rapids and is the 160^th largest bank in the state of Minnesota. It is also the 4,762^nd largest bank in the nation. It was established in 1919 and as of March of 2012, it had grown to 39 employees at 5 locations. Northwoods Bank of Minnesota has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Northwoods Bank of Minnesota OTS # 14810 FDIC Certificate # 1415 BankRate Report View Year Established 1919 Employees 39 Primary Regulator OCC Assets and Liabilities Assets $107.87 million Loans $56.81 million Deposits $90.42 million Equity Capital $12.23 million Loan Loss Allowance $1.17 million Unbacked Noncurrent Loans $4.24 million Real Estate Owned $2.55 million Historic Data - March 2011 Assets $113.45 million Equity Capital $11.35 million Loan Loss Allowance $814,000 Unbacked Noncurrent Loans $3.30 million Real Estate Owned $1.39 million Profit Margin - Quarterly Net Interest Margin 4.09% Return on Assets 0.8% Return on Equity 7.12% Interest Income $1.23 million

Institution Health Overall Score: 3 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 March 31, 2012 Northwoods Bank of Minnesota had $6.78 million in non-current loans and owned real-estate with $13.4 million in equity and loan loss allowances on hand to cover it. This gives Northwoods Bank of Minnesota a Texas Ratio of 50.63% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Northwoods Bank of Minnesota increased slightly from 38.53% as of March 31, 2011 to 50.63% as of March 31, 2012, resulting in a negative change of 31.42%. This indicates that the balance sheet and financial strength for Northwoods Bank of Minnesota has declined slightly in recent periods. Deposit Growth In the past year, Northwoods Bank of Minnesota has decreased its total deposits by -$4.39 million, resulting in -4.63% 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 Northwoods Bank of Minnesota has shown is below average. 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. Northwoods Bank of Minnesota has $107.87 million in assets with $13.4 million in equity, resulting in a capitalization level of 12.42%, which is excellent.

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