Ramsey National Bank

Overview / Commentary

www.ramseybank.com

701-662-4024

300 4th St. Ne
Devils Lake, ND 58301

Ramsey National Bank is headquartered in Devils Lake and is the 27^th largest bank in the state of North Dakota. It is also the 2,493^rd largest bank in the nation. It was established in 1892 and as of December of 2020, it had grown to 56 employees at 6 locations. Ramsey National Bank has an A+ health rating.

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Health

A+

Data as of Q4 2020

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Health Grade Components

Overall
FDIC Certificate #	3914
Year Established	1892
Employees	56
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	1.62%
Return on Equity - YTD	11.67%
Annual Interest Income	$11.0MM

Assets and Liabilities
Assets	Q4 2020vs Q4 2019	$282.2MM$255.6MM
Loans	Q4 2020vs Q4 2019	$179.1MM$200.7MM
Deposits	Q4 2020vs Q4 2019	$237.0MM$212.5MM
Equity Capital	Q4 2020vs Q4 2019	$38.7MM$35.0MM
Loan Loss Allowance	Q4 2020vs Q4 2019	$2.3MM$2.3MM
Unbacked Noncurrent Loans	Q4 2020vs Q4 2019	$2.00K$6.00K
Real Estate Owned	Q4 2020vs Q4 2019	$0$0

Rates

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Money Market
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Ramsey National Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$100	-	Regular Savings
0.10%	-	-	Watch It Grow Savings
0.10%	$500	-	Business Savings

Ramsey National Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$500k^*	-	Money Market
OTHER TIERS: 0.10% → $1k - $50k \| 0.15% → $50k - $250k \| 0.20% → $250k - $500k
0.25%^*	$500k^*	-	Business Money Market
OTHER TIERS: 0.10% → $1k - $50k \| 0.15% → $50k - $250k \| 0.20% → $250k - $500k

Ramsey National Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$2k	-	5 Year Heritage Club CD
0.75%	$2k	-	5 Year CD
0.75%	$2k	-	Business 5 Year CD
0.70%	$2k	-	4 Year Heritage Club CD
0.60%	$2k	-	4 Year CD
0.60%	$2k	-	3 Year Heritage Club CD
0.60%	$2k	-	Business 4 Year CD
0.50%	$2k	-	3 Year CD
0.50%	$2k	-	2 Year Heritage Club CD
0.50%	$2k	-	Business 3 Year CD
0.40%	$2k	-	2 Year CD
0.40%	$2k	-	1 Year Heritage Club CD
0.40%	$2k	-	Business 2 Year CD
0.30%	$2k	-	1 Year CD
0.30%	$5k	-	182 Day Heritage Club CD
0.30%	$2k	-	Business 1 Year CD
0.20%	$5k	-	182 Day CD
0.20%	$5k	-	Business 182 Day CD

Ramsey National Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$2k	-	5 Year Heritage Club IRA
0.75%	$2k	-	5 Year IRA
0.70%	$2k	-	4 Year Heritage Club IRA
0.60%	$2k	-	4 Year IRA
0.60%	$2k	-	3 Year Heritage Club IRA
0.50%	$2k	-	3 Year IRA
0.50%	$2k	-	2 Year Heritage Club IRA
0.40%	$2k	-	2 Year IRA
0.40%	$2k	-	1 Year Heritage Club IRA
0.30%	$2k	-	1 Year IRA
0.30%	$5k	-	182 Day Heritage Club IRA
0.20%	$5k	-	182 Day IRA

Locations

Ramsey National Bank Locations
Maddock Branch	104 Central Avenue	Maddock, ND 58348
Cavalier Branch	200 Main Street West	Cavalier, ND 58220
Ramsey National Bank	300 4th St. Ne	Devils Lake, ND 58301
Rugby Branch	319 South Main	Rugby, ND 58368
Fargo Branch	3232 25th St S	Fargo, ND 58104
Ramsey Bank Branch	407 Fifth Avenue	Cando, ND 58324

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