Overview / Commentary
Deerwood Bank is headquartered in Waite Park and is the 16th largest bank in the state of Minnesota. It is also the 1,070th largest bank in the nation. It was established in 1910 and as of December of 2019, it had grown to 164 employees at 13 locations. Deerwood Bank has an A health rating.
Health
A
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 5123 |
| Year Established | 1910 |
| Employees | 164 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.24% |
| Return on Equity - YTD | 11.91% |
| Annual Interest Income | $32.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $719.0MM$713.8MM |
| Loans | Q4 2019vs Q4 2018 | $554.5MM$531.4MM |
| Deposits | Q4 2019vs Q4 2018 | $636.6MM$639.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $76.8MM$72.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $2.9MM$2.1MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.5MM$2.6MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $1.0MM$1.6MM |