Northwoods Bank of Minnesota
Overview / Commentary
Northwoods Bank of Minnesota is headquartered in Park Rapids and is the 155th largest bank in the state of Minnesota. It is also the 4,202nd largest bank in the nation. It was established in 1919 and as of March of 2017, it had grown to 32 employees at 5 locations. Northwoods Bank of Minnesota has an A health rating.
Health
A
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1415 |
| Year Established | 1919 |
| Employees | 32 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.17% |
| Return on Equity - YTD | 11.03% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $108.6MM$102.2MM |
| Loans | Q1 2017vs Q1 2016 | $65.2MM$58.5MM |
| Deposits | Q1 2017vs Q1 2016 | $89.3MM$84.6MM |
| Equity Capital | Q1 2017vs Q1 2016 | $11.7MM$11.8MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $740.00K$645.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $554.00K$500.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $301.00K$272.00K |
Rates
Sorry, we do not have rate data for Northwoods Bank of Minnesota.
Locations
| Northwoods Bank of Minnesota Locations | ||
|---|---|---|
| Pine City Branch | 1015 Hillside Avenue Sw | Pine City, MN 55063 |
| Bunyan Trails Branch | 112 Bunyan Trails | Nevis, MN 56467 |
| Northwoods Bank Of Minnesota | 1200 East First Street | Park Rapids, MN 56470 |
| Rush City Branch | 260 West 4th Street | Rush City, MN 55069 |
| Detached Facility | First Street | Park Rapids, MN 56470 |