Woodland Bank

Overview / Commentary

www.woodlandbank.com

218-246-2444

217 Main Avenue East
Deer River, MN 56636

Woodland Bank is headquartered in Deer River and is the 156^th largest bank in the state of Minnesota. It is also the 3,923^rd largest bank in the nation. It was established in 1920 and as of September of 2019, it had grown to 30 employees at 5 locations. Woodland Bank has an A health rating.

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Health

Data as of Q3 2019

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Health Grade Components

Overall
FDIC Certificate #	8863
Year Established	1920
Employees	30
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.81%
Return on Equity - YTD	7.38%
Annual Interest Income	$3.9MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$107.8MM$99.9MM
Loans	Q3 2019vs Q3 2018	$83.7MM$76.2MM
Deposits	Q3 2019vs Q3 2018	$87.3MM$82.8MM
Equity Capital	Q3 2019vs Q3 2018	$11.7MM$11.1MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$705.00K$629.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$590.00K$596.00K
Real Estate Owned	Q3 2019vs Q3 2018	$309.00K$277.00K

Rates

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Savings
Money Market
Checking
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.

Woodland Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	-	$25k	Kasasa Saver
0.75%	$10	-	IRA
0.60%^*	-	$2k	Health Savings Account
OTHER TIERS: 0.30% → $5k+ \| 0.40% → $2k - $5k
0.10%	$1	-	Christmas Club Account
0.10%	$1	-	Passbook Savings
0.10%	$1	-	School Club Account
0.10%	$1	-	Vacation Club Account
0.10%	$1	-	Home Improvement Club Account

Woodland Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.15% → $2.5k - $15k \| 0.20% → $15k - $100k

Woodland Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%^*	-	$25k	Kasasa Cash
OTHER TIERS: 0.50% → $25k+
1.10%^*	-	$30k	Investor's Choice
OTHER TIERS: 0.10% → $90k+ \| 0.50% → $30k - $90k
0.05%	$1	-	Prestige Club Account

Woodland Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%	$500	-	60 Month CD
1.45%	$500	-	48 Month CD
1.35%	$500	-	36 Month CD
1.10%	$500	-	24 Month CD
0.85%	$500	-	18 Month CD
0.75%	$500	-	12 Month CD
0.50%	$2.5k	-	180 Day CD
0.40%	$2.5k	-	30 Day CD
0.40%	$2.5k	-	90 Day CD

Woodland Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.60%	$1k	-	5 Year IRA
1.35%	$1k	-	3 Year IRA

Locations

Woodland Bank Locations
Woodland Bank	217 Main Avenue East	Deer River, MN 56636
Cohasset Office	55 East Highway 2	Cohasset, MN 55721
Hill City Office	675 Highway 169 South	Hill City, MN 55748
Grand Rapids Branch	2610 South Highway 169	Grand Rapids, MN 55744

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