NORTHWOODS BANK OF MINNESOTA
PARK RAPIDS, MINNESOTA · FDIC Cert #1415
Capital & Safety Analysis
According to FDIC financial data, NORTHWOODS BANK OF MINNESOTA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject NORTHWOODS BANK OF MINNESOTA to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
NORTHWOODS BANK OF MINNESOTA shows average financial health. While not alarming, its Health Score of 57/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
NORTHWOODS BANK OF MINNESOTA has a Bank Health Score of C (57/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
NORTHWOODS BANK OF MINNESOTA holds $137M in total assets and $122M in total deposits. It is located in PARK RAPIDS, MINNESOTA (FDIC Certificate #1415).
NORTHWOODS BANK OF MINNESOTA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.33%, and the return on assets is 0.55%.
Yes. NORTHWOODS BANK OF MINNESOTA is FDIC-insured (Certificate #1415). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.