Woodland Bank
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Data as of · sourced from FFIEC call reports. How we update
Woodland Bank is an FDIC-insured commercial bank headquartered in Deer River, MN, established in 1920 (FDIC certificate 8863), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $177.5M, up 7.0% from Q2 2025, the 125th largest of 221 banks headquartered in Minnesota. Its CET1 capital ratio was 10.64% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 8863
- Headquarters
- Deer River, MN
- Established
- 1920
- Total assets, Q2 2026
- $177.5M
- Assets vs Q2 2025
- +7.0%
- CET1 ratio, Q2 2026
- 10.64%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 091215163
- Latest call report
- Q2 2026, FFIEC 051 · Woodland Bank call report
- Holding company
- REMER BANCORPORATION, INC.
- Asset rank in state
- 125th of 221 in Minnesota
Problem loans are rising at Woodland Bank. The Deer River, Minnesota bank had $177 million in assets at June 30, 2026, up 7.0% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.53% of loans from 0.48% a year earlier. It keeps 4.93 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). On the other hand, it holds common equity equal to 10.64% of its risk-weighted assets, lower than about 9 in 10 banks its size (median 15.12%).
Earnings jumped: net income for the quarter was $456,000, 54% above the same quarter a year earlier. The commercial and industrial book ($19 million) is worsening: 4.06% of it is past due or on nonaccrual, up from 0.76% a year earlier. Credit is the area to watch: it carries problem assets equal to 13.3% of the capital and reserves that would absorb them, 5.0 times the median of 2.6% for banks its size.
As of June 30, 2026, Woodland Bank reported a CET1 capital ratio of 10.64%, a return on assets of 1.05%, a nonperforming-loan ratio of 1.53% and a Texas ratio of 13.29%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Woodland Bank is the 125th largest of the 221 banks headquartered in Minnesota. Between Q1 2026 and Q2 2026, its total assets rose 3.2% to $177.5M, loans rose 3.8% and deposits rose 2.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 35.7% of total loans, followed by owner-occupied commercial real estate loans at 18.5%. Its 4 offices in the FDIC Summary of Deposits are in 4 cities in MN; its Grand Rapids office books 50% of its branch deposits. On its Q2 2026 call report, Woodland Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 217 Main Ave E, Deer River, MN 56636
- County
- Itasca
- Metro Area
- Grand Rapids, MN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1920
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $152.0M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $9K
- Average total assets
- $174.1M
- Average total loans
- $135.7M
- Average interest-bearing deposits
- $110.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8863
- Fed RSSD
- 788652
- Website
- http://www.woodland.bank →
- Parent Holding Company
- REMER BANCORPORATION, INC. (RSSD 1126327)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Woodland Bank's total assets ran between $147.5M (Q4 2023) and $177.5M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$177.5M total assets against $165.8M; $163.0M total liabilities against $152.4M.
$135.5M net loans and leases against $124.3M; $152.0M total deposits against $142.6M.
$17.7M securities against $16.4M; $7.9M cash and balances due against $8.6M.
$2.6M total interest income against $2.3M; $700K total interest expense against $712K.
$1.9M net interest income against $1.6M.
$349K total noninterest income against $335K; $1.6M total noninterest expense against $1.5M.
$75K provision for credit losses against $45K.
$456K net income against $297K.
1.05% return on assets against 0.74%; 4.93% net interest margin against 4.40%.
10.64% CET1 capital ratio against 11.00%; 8.59% tier 1 leverage ratio against 8.72%.
Inside the full Woodland Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWoodland Bank rankings
Its closest position to the top of a national ranking is 397 of 3,640, for Texas Ratio; its furthest is 2,022 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.60% (Q1 2025) to 1.05% (Q2 2026) and its net interest margin ran from 4.03% (Q3 2024) to 4.93% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.64% | 1.05% | 1.53% | 13.29% | 4.93% |
| Q1 2026 | 10.75% | 0.82% | 0.83% | 7.24% | 4.68% |
| Q4 2025 | 11.06% | 0.86% | 0.91% | 7.77% | 4.69% |
| Q3 2025 | 10.94% | 0.77% | 0.98% | 8.44% | 4.43% |
| Q2 2025 | 11.00% | 0.74% | 0.48% | 4.12% | 4.40% |
| Q1 2025 | 11.22% | 0.60% | 0.41% | 3.56% | 4.07% |
| Q4 2024 | 11.39% | 0.77% | 0.24% | 2.07% | 4.30% |
| Q3 2024 | 11.15% | 0.67% | 0.49% | 4.20% | 4.03% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Grand Rapids Branch | Grand Rapids , MN | 55744 | $76.4M |
| Cohasset Office | Cohasset , MN | 55721 | $34.0M |
| Woodland Bank (main office) | Deer River , MN | 56636 | $25.4M |
| Hill City Office | Hill City , MN | 55748 | $16.2M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (Federal Reserve). These actions name the parent holding company, REMER BANCORPORATION, INC., not the bank itself
- March 19, 2012, Federal Reserve: Written Agreement: Remer Bancorporation, Inc., Remer, Minnesota
- Period: Most recent institution action March 19, 2012. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in MN, rank 156 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 4 loans, $355K approved, $89K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2020 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Woodland Bank
What are Woodland Bank's total assets?
As of the Q2 2026 filing, Woodland Bank reported total assets of $177.5 million in its FFIEC call report.
Where is Woodland Bank headquartered?
It is headquartered in Deer River, MN, United States.
When was Woodland Bank founded?
It was established in 1920, per the FDIC institution directory.
Is Woodland Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8863). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Woodland Bank?
Woodland Bank's primary federal regulator is the FDIC.
What is Woodland Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 10.64% in its Q2 2026 call report, above regulatory requirements.
How many branches does Woodland Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Woodland Bank's Texas Ratio?
Its Texas Ratio is 13.29% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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