Minnesota – Itasca – Deer River
(NM) Commercial bank, state charter and Fed nonmember
active
www.woodlandbank.com
Minnesota
Itasca
Deer River
(NM) Commercial bank, state charter and Fed nonmember
active
8863
1920
FDIC Certificate Number: 8863
FDIC's unique number: 5657
The FDIC Field Office where an institution is physically located: Grand Forks
Federal Reserve ID Number: 788652
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 7
Number of Foreign Offices: 0
The date of the last data update: 2010-10-01
1920-01-01 Institution established. Original name: Security State Bank Of Remer.
1992-11-15 Changed name to Woodland Bank .
2007-05-22 Moved bank headquarters from Remer, Minnesota to Deer River, Minnesota.
Total assets: $106,261,000
Total deposits: $97,501,000
Deposits held in domestic offices: $97,501,000
Equity capital: $8,083,000
Net income: $123,000
Return on Assets: 0.23
Return on Equity: 3.08
Last updated on: 2011-10-20
Bank Holding Company: Remer Bancorporation, Inc.
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Profile ID: LFUS-BAB-P-420