Bremer Bank Mortgage Rates, Fees & Info

St. Paul, MN

LEI: 54930082GM1TWV6QVI24

Tax ID: 41-0224890

3.8 stars - out of 5 stars, based on 78 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Bremer Bank is a small bank specializing in Home Purchase and Refi loans. Bremer Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Minneapolis, Rochester, Fargo, Grand Forks, and St. Cloud among others. Bremer Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Bremer Bank is typically an average fee lendor.


Originations

6,117

Origination Dollar Volume (All Markets)

$1,580,995,000

Employee count

1,457 Show all (7) awards

Relative Rate

Bremer Bank's average 30 year fixed rate mortgage of loans were 3.49%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.34%.

Relative Fees

Bremer Bank's average total fees for a 30 year fixed rate mortgage are $4,922.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1,602 $566,320,000 $353,508 $4,846 3.28%
Outside of Metro Areas 1,068 $191,730,000 $179,522 $3,817 3.34%
ROCHESTER, MN (FHA|USDA|VA) 480 $128,860,000 $268,458 $4,331 3.15%
FARGO, ND-MN (FHA|USDA|VA) 285 $87,115,000 $305,667 $4,377 3.26%
GRAND FORKS, ND-MN (FHA|USDA|VA) 304 $61,560,000 $202,500 $4,851 3.18%
ST. CLOUD, MN (FHA|USDA|VA) 323 $61,125,000 $189,241 $3,947 3.33%
Brainerd, MN (FHA|USDA|VA) 223 $50,725,000 $227,466 $4,790 3.40%
Willmar, MN (FHA|USDA|VA) 191 $37,825,000 $198,037 $3,830 3.24%
Alexandria, MN (FHA|USDA|VA) 178 $36,450,000 $204,775 $4,587 3.42%
Fergus Falls, MN (FHA|USDA|VA) 174 $35,660,000 $204,943 $4,528 3.31%
MANKATO, MN (FHA|USDA|VA) 116 $34,570,000 $298,017 $4,960 3.13%
EAU CLAIRE, WI (FHA|USDA|VA) 146 $33,000,000 $226,027 $2,639 3.24%
Marshall, MN (FHA|USDA|VA) 132 $19,720,000 $149,394 $3,729 3.32%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 41 $19,535,000 $476,463 $6,320 3.03%
DULUTH, MN-WI (FHA|USDA|VA) 58 $17,160,000 $295,862 $4,612 3.22%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 75 $17,025,000 $227,000 $3,085 3.25%
Faribault-Northfield, MN (FHA|USDA|VA) 9 $16,375,000 $1,819,444 $4,074 3.57%
Wahpeton, ND-MN (FHA|USDA|VA) 99 $15,825,000 $159,848 $4,214 3.32%
Minot, ND (FHA|USDA|VA) 70 $15,360,000 $219,429 $5,358 3.21%
Menomonie, WI (FHA|USDA|VA) 79 $13,475,000 $170,570 $2,243 3.53%
Owatonna, MN (FHA|USDA|VA) 67 $13,185,000 $196,791 $4,718 3.01%
Winona, MN (FHA|USDA|VA) 90 $12,070,000 $134,111 $2,948 3.57%
BISMARCK, ND (FHA|USDA|VA) 35 $9,585,000 $273,857 $5,843 3.23%
Austin, MN (FHA|USDA|VA) 57 $8,985,000 $157,632 $3,856 3.05%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 21 $8,205,000 $390,714 $7,544 2.99%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 10 $6,300,000 $630,000 $9,266 3.29%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $3,935,000 $562,143 $7,650 2.99%
Red Wing, MN (FHA|USDA|VA) 15 $3,845,000 $256,333 $5,386 2.83%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $3,405,000 $1,135,000 $12,618 2.63%
Bozeman, MT (FHA|USDA|VA) 3 $3,185,000 $1,061,667 $13,483 3.39%
OCALA, FL (FHA|USDA|VA) 3 $3,135,000 $1,045,000 $14,345 3.08%
MADISON, WI (FHA|USDA|VA) 7 $2,865,000 $409,286 $3,446 3.00%
TUCSON, AZ (FHA|USDA|VA) 3 $2,545,000 $848,333 $11,183 3.29%
SIOUX FALLS, SD (FHA|USDA|VA) 8 $2,450,000 $306,250 $4,196 3.08%
Hutchinson, MN (FHA|USDA|VA) 12 $2,440,000 $203,333 $5,139 2.86%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $2,395,000 $798,333 $12,758 3.18%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $2,370,000 $296,250 $5,200 3.27%
Bemidji, MN (FHA|USDA|VA) 9 $2,345,000 $260,556 $5,390 3.13%
Kalispell, MT (FHA|USDA|VA) 2 $1,760,000 $880,000 $13,725 3.53%
Albert Lea, MN (FHA|USDA|VA) 11 $1,635,000 $148,636 $3,580 2.82%
WAUSAU-WESTON, WI (FHA|USDA|VA) 5 $1,545,000 $309,000 $2,836 3.41%
Key West, FL (FHA|USDA|VA) 3 $1,505,000 $501,667 $8,148 2.92%
Grand Rapids, MN (FHA|USDA|VA) 8 $1,450,000 $181,250 $4,835 3.50%
Spearfish, SD (FHA|USDA|VA) 3 $1,445,000 $481,667 $6,480 3.51%
Durango, CO (FHA|USDA|VA) 1 $1,375,000 $1,375,000 $4,508 2.88%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,315,000 $438,333 $7,038 3.31%
Dickinson, ND (FHA|USDA|VA) 7 $1,255,000 $179,286 $3,552 3.53%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $16,808 3.38%
Williston, ND (FHA|USDA|VA) 2 $1,010,000 $505,000 $11,091 3.34%
Stevens Point, WI (FHA|USDA|VA) 7 $985,000 $140,714 $2,612 3.79%
RAPID CITY, SD (FHA|USDA|VA) 2 $970,000 $485,000 $8,449 3.13%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $970,000 $242,500 $3,619 3.16%
New Ulm, MN (FHA|USDA|VA) 5 $835,000 $167,000 $4,489 2.86%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $820,000 $205,000 $5,631 3.11%
Spirit Lake, IA (FHA|USDA|VA) 2 $770,000 $385,000 $3,367 3.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $700,000 $350,000 $6,463 2.94%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $690,000 $345,000 $5,756 2.81%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $675,000 $225,000 $2,364 3.73%
THE VILLAGES, FL (FHA|USDA|VA) 2 $630,000 $315,000 $4,004 3.46%
Jamestown, ND (FHA|USDA|VA) 2 $620,000 $310,000 $7,258 3.23%
APPLETON, WI (FHA|USDA|VA) 2 $380,000 $190,000 $2,642 2.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $350,000 $175,000 $3,666 2.44%
FOND DU LAC, WI (FHA|USDA|VA) 1 $325,000 $325,000 $5,747 3.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $305,000 $305,000 $7,350 3.00%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $290,000 $145,000 $4,089 3.19%
Edwards, CO (FHA|USDA|VA) 1 $265,000 $265,000 $5,277 3.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $255,000 $255,000 $2,568 3.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $235,000 $235,000 $6,300 2.25%
BILLINGS, MT (FHA|USDA|VA) 1 $225,000 $225,000 $5,216 3.25%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,534 2.63%
Aberdeen, SD (FHA|USDA|VA) 1 $205,000 $205,000 $3,140 2.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $195,000 $195,000 $3,952 2.25%
Fairmont, MN (FHA|USDA|VA) 1 $195,000 $195,000 $3,281 3.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.50%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,802 2.75%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $145,000 $145,000 $1,842 2.88%
Marinette, WI-MI (FHA|USDA|VA) 1 $135,000 $135,000 $1,967 3.38%
Beaver Dam, WI (FHA|USDA|VA) 1 $105,000 $105,000 $2,112 3.25%
Worthington, MN (FHA|USDA|VA) 1 $15,000 $15,000 $0 5.29%

Bremer Bank's top markets include Minneapolis, Rochester, Fargo, Grand Forks, and St. Cloud among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 5,879 $1,533,035,000 $260,765 $4,276 3.29%
FHA 111 $21,775,000 $196,171 $7,499 3.06%
USDA 70 $10,370,000 $148,143 $5,296 2.75%
VA 57 $15,815,000 $277,456 $6,100 2.86%

For the 2021 period, Bremer Bank's most frequently originated loan type of loans were Conventional, with 5,879 originations. Their 2nd most popular type is FHA, with 111 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,070 $722,270,000 $348,923 $5,211 3.12%
Refi 1,981 $514,525,000 $259,730 $3,770 3.01%
Cash Out Refi 1,148 $261,100,000 $227,439 $4,187 2.93%
Other 738 $70,840,000 $95,989 $199 4.61%
Home Improvement 180 $12,260,000 $68,111 $0 4.70%

For the 2021, Bremer Bank's most frequently cited loan purpose of loans were Home Purchase, with 2,070 originations. The 2nd most popular reason of loans were Refi, with 1,981 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 4,131 $1,028,725,000 $249,026 $4,922 3.49%
15 Year 1,049 $239,915,000 $228,708 $3,820 2.48%
20 Year 377 $87,435,000 $231,923 $4,016 2.85%
10 Year 317 $74,715,000 $235,694 $2,001 3.23%
5 Year 126 $74,660,000 $592,540 $0 3.94%
Other 110 $55,120,000 $501,091 $2,493 3.62%
1 Year 6 $1,310,000 $218,333 $0 4.00%
3 Year 1 $19,115,000 $19,115,000 $0 3.50%

For the 2021, Bremer Bank's most frequently cited loan length of loans were 30 Year, with 4,131 originations. The 2nd most popular length of loans were 15 Year, with 1,049 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$2k-3k 1,303 $273,405,000 $209,827
$<1k 1,092 $277,640,000 $254,249
$1k-2k 1,040 $187,030,000 $179,837
$3k-4k 942 $299,640,000 $318,089
$5k+ 316 $230,170,000 $728,386

$4,922 of loans were Bremer Bank's average total fees, while their most frequently occuring range of origination fees were in the $2k-3k bucket, with 1,303 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 2,090 $635,390,000 $304,014
3-4% 1,877 $606,675,000 $323,215
<2.5% 1,003 $235,225,000 $234,521
4-5% 937 $88,935,000 $94,915
5-6% 166 $13,190,000 $79,458
6-7% 42 $1,490,000 $35,476
7-8% 2 $90,000 $45,000

During 2021, Bremer Bank's average interest rate of loans were 3.49%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,090 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 2,039 $301,805,000 $148,016 $3,547 3.12%
$200k-400k 1,990 $536,350,000 $269,523 $4,690 3.07%
$100,000 or less 1,300 $72,480,000 $55,754 $2,051 4.01%
$400k-600k 449 $217,155,000 $483,641 $6,030 2.99%
$600k-1MM 207 $158,605,000 $766,208 $8,013 2.97%
$1MM+ 132 $294,600,000 $2,231,818 $10,966 3.03%

2021 saw Bremer Bank place emphasis on $100k-200k loans with 2,039 originations, totaling $301,805,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,224 $257,890,000 $210,694 $4,388 3.34%
$50k-75k 1,208 $195,440,000 $161,788 $3,822 3.20%
$75k-100k 921 $168,335,000 $182,774 $4,086 3.29%
$50k or less 919 $125,035,000 $136,055 $3,508 3.21%
$150k-250k 832 $245,860,000 $295,505 $5,218 3.36%
$250k+ 651 $365,885,000 $562,035 $7,050 3.18%

Bremer Bank lent most frequently to those with incomes in the $100k-150k range, with 1,224 originations. The second most popular income band? $50k-75k, with 1,208 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,595 $359,985,000 $225,696 $4,126 3.26%
30-36% 1,135 $263,625,000 $232,269 $4,498 3.31%
<20% 790 $198,190,000 $250,873 $4,136 3.20%
44% 245 $51,105,000 $208,592 $4,240 3.51%
38% 235 $49,515,000 $210,702 $4,118 3.28%
36% 212 $52,950,000 $249,764 $4,650 3.24%
39% 208 $55,340,000 $266,058 $5,182 3.27%
42% 204 $56,750,000 $278,186 $4,679 3.19%
40% 197 $49,615,000 $251,853 $4,829 3.15%
37% 192 $46,560,000 $242,500 $4,268 3.22%
43% 186 $38,480,000 $206,882 $4,247 3.24%
41% 175 $42,175,000 $241,000 $4,635 3.26%
45% 107 $22,335,000 $208,738 $4,227 3.03%
48% 94 $23,770,000 $252,872 $4,607 2.99%
47% 92 $23,290,000 $253,152 $4,884 2.99%
49% 85 $20,045,000 $235,824 $4,648 2.96%
46% 72 $16,920,000 $235,000 $4,521 2.95%
>60% 34 $19,470,000 $572,647 $6,985 3.27%
50-60% 24 $5,380,000 $224,167 $5,713 3.98%

Bremer Bank lent most frequently to those with DTI ratios of 20-30%, with 1,595 originations. The next most common DTI ratio? 30-36%, with 1,135 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,640 $1,149,400,000 $247,716 $4,409 3.09%
Not provided 1,174 $218,500,000 $186,116 $4,111 3.98%
Not applicable 153 $174,785,000 $1,142,386 $0 3.72%
Asian 83 $24,425,000 $294,277 $4,802 3.02%
Black 42 $9,700,000 $230,952 $4,945 2.96%
American Indian 17 $2,925,000 $172,059 $4,301 3.29%
Other Asian 3 $495,000 $165,000 $4,513 3.08%
Native Hawaiian 3 $395,000 $131,667 $4,060 2.71%
Asian Indian 2 $370,000 $185,000 $3,250 3.78%

Approval Rates

Total approvals of all applications
93.23%

Bremer Bank has an average approval rate.

Pick Rate

Approvals leading to origination
82.53%

Bremer Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 4 $590,000 $147,500
13.0 4 $90,000 $22,500
39.0 1 $15,000 $15,000
4.0 1 $15,000 $15,000
5.0 2 $40,000 $20,000
NA 6,105 $1,580,245,000 $258,844

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
6,117 $1,580,995,000 $258,459

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 633 $77,725,000 $122,788 $2,773 3.85%
40-60% 981 $218,205,000 $222,431 $3,724 2.95%
60-80% 2,089 $747,325,000 $357,743 $4,546 3.04%
80-100% 1,760 $502,480,000 $285,500 $5,058 3.11%
Over 100% 9 $2,765,000 $307,222 $14,600 3.21%
Under 20% 644 $32,430,000 $50,357 $691 4.42%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
BREMER BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 1 100.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Bremer Bank, National Association 129 South Broad Street Bayfield, WI 54814 Full Service B&M $98,403
Bremer Bank, National Association 100 East Main Street Rice, MN 56367 Full Service B&M $61,894
Bremer Bank, National Association 10040 City Walk Drive Woodbury, MN 55129 Full Service B&M $115,998
Bremer Bank, National Association 101 East Fourth Street Redwood Falls, MN 56283 Full Service B&M $151,068
Bremer Bank, National Association 202 South Rum River Dr Princeton, MN 55371 Full Service B&M $193,814
Bremer Bank, National Association 202 West Johnson Avenue Warren, MN 56762 Full Service B&M $110,396
Bremer Bank, National Association 208 East College Drive Marshall, MN 56258 Full Service B&M $290,608
Bremer Bank, National Association 2210 Highway 29 South Alexandria, MN 56308 Limited, Drive-thru $54,408
Bremer Bank, National Association 225 Lafayette Street Winona, MN 55987 Full Service B&M $34,232
Bremer Bank, National Association 225 North Fifth Street Breckenridge, MN 56520 Full Service B&M $98,282
Bremer Bank, National Association 225 West Superior Street, Suite 120 Duluth, MN 55802 Full Service B&M $9,909
Bremer Bank, National Association 2330 College Way Fergus Falls, MN 56537 Full Service B&M $122,223
Bremer Bank, National Association 2401 Lowry Avenue, Northeast St. Anthony, MN 55418 Full Service B&M $325,685
Bremer Bank, National Association 24449 State Road 35 70 Siren, WI 54872 Full Service B&M $234,071
Bremer Bank, National Association 2570 Midwest Drive Onalaska, WI 54650 Full Service B&M $155,187
Bremer Bank, National Association 27 West Second Street Eyota, MN 55934 Full Service B&M $47,680
Bremer Bank, National Association 45 28th St Se Rochester, MN 55904 Full Service B&M $173,481
Bremer Bank, National Association 301 Territorial St E Watertown, MN 55388 Full Service B&M $105,926
Bremer Bank, National Association 31 West Bayfield Street Washburn, WI 54891 Full Service B&M $96,676
Bremer Bank, National Association 3100 South Columbia Road Grand Forks, ND 58201 Full Service B&M $457,952
Bremer Bank, National Association 3131 Frontage Road South Moorhead, MN 56560 Full Service B&M $56,642
Bremer Bank, National Association 318 1st Avenue Sw Rochester, MN 55902 Full Service B&M $99,895
Bremer Bank, National Association 321 South 7th Street Brainerd, MN 56401 Full Service B&M $244,519
Bremer Bank, National Association 3415 Vicksburg Lane North Plymouth, MN 55447 Full Service B&M $132,675
Bremer Bank, National Association 345 Fourth Avenue International Falls, MN 56649 Full Service B&M $119,982
Bremer Bank, National Association 372 Saint Peter Street Saint Paul, MN 55102 Full Service B&M $1,472,267
Bremer Bank, National Association 3947 Oakwood Hills Pkwy Eau Claire, WI 54701 Full Service B&M $66,350
Bremer Bank, National Association 4150 2nd St South Saint Cloud, MN 56301 Full Service B&M $270,789
Bremer Bank, National Association 424 5th Street Ne Devils Lake, ND 58301 Full Service B&M $129,957
Bremer Bank, National Association 710 South Washington Bismarck, ND 58504 Full Service B&M $101,433
Bremer Bank, National Association 720 Broadway Alexandria, MN 56308 Full Service B&M $316,193
Bremer Bank, National Association 730 West Bridge Street Owatonna, MN 55060 Full Service B&M $49,612
Bremer Bank, National Association 748 Whitewater Avenue St. Charles, MN 55972 Full Service B&M $103,622
Bremer Bank, National Association 7558 Design Road Baxter, MN 56425 Full Service B&M $129,009
Bremer Bank, National Association 80 South 8th Street Suite 240 Minneapolis, MN 55402 Full Service B&M $1,548,072
Bremer Bank, National Association 801 Market Street Perham, MN 56573 Full Service B&M $75,342
Bremer Bank, National Association 805 North Main Street Austin, MN 55912 Full Service B&M $52,113
Bremer Bank, National Association 807 Main Street Carrington, ND 58421 Full Service B&M $96,567
Bremer Bank, National Association 8800 Highway 7 St. Louis Park, MN 55426 Full Service B&M $238,410
Bremer Bank, National Association 910 Hill Avenue Grafton, ND 58237 Full Service B&M $108,807
Bremer Bank, National Association 921 North Washington Grand Forks, ND 58201 Full Service B&M $3,267
Bremer Bank, National Association 925 31st Avenue Sw Minot, ND 58701 Limited, Drive-thru $19,452
Bremer Bank, National Association 101 Minnesota Avenue North Aitkin, MN 56431 Full Service B&M $78,802
Bremer Bank, National Association 102 Keller Ave S Amery, WI 54001 Full Service B&M $191,835
Bremer Bank, National Association 105 Third Street, S.W. Rugby, ND 58368 Full Service B&M $76,076
Bremer Bank, National Association 108 Cedar Street, East Houston, MN 55943 Full Service B&M $49,500
Bremer Bank, National Association 109 South Mantorvill Avenue Kasson, MN 55944 Full Service B&M $61,018
Bremer Bank, National Association 11 Langer Avenue N Casselton, ND 58012 Full Service B&M $72,557
Bremer Bank, National Association 1100 St. Germain Street Saint Cloud, MN 56301 Full Service B&M $510,037
Bremer Bank, National Association 113 E. Front Street Brandon, MN 56315 Full Service B&M $54,545
Bremer Bank, National Association 113 Main Street N Fordville, ND 58231 Limited, Drive-thru $10,523
Bremer Bank, National Association 115 East Holmes Street Detroit Lakes, MN 56501 Full Service B&M $363,141
Bremer Bank, National Association 11800 Singletree Lane Eden Prairie, MN 55344 Full Service B&M $105,005
Bremer Bank, National Association 119 East First Street Stewartville, MN 55976 Full Service B&M $64,667
Bremer Bank, National Association 119 Towner Avenue Larimore, ND 58251 Full Service B&M $60,013
Bremer Bank, National Association 4600 White Bear Parkway White Bear Lake, MN 55110 Full Service B&M $73,789
Bremer Bank, National Association 500 Willmar Avenue Se Willmar, MN 56201 Full Service B&M $502,973
Bremer Bank, National Association 503 Broadway Street South, Ste 10 Menomonie, WI 54751 Full Service B&M $158,353
Bremer Bank, National Association 5125 Highway 52 North Rochester, MN 55901 Full Service B&M $64,794
Bremer Bank, National Association 532 S Knowles Ave New Richmond, WI 54017 Full Service B&M $161,698
Bremer Bank, National Association 5540 Brooklyn Boulevard Brooklyn Center, MN 55429 Full Service B&M $47,435
Bremer Bank, National Association 5990 Nova Scotia Avenue North Stillwater, MN 55082 Full Service B&M $46,955
Bremer Bank, National Association 622 Main Street Lisbon, ND 58054 Full Service B&M $126,234
Bremer Bank, National Association 633 Concord St S South Saint Paul, MN 55075 Full Service B&M $389,490
Bremer Bank, National Association 6800 Cahill Avenue Inver Grove Heights, MN 55076 Full Service B&M $100,416
Bremer Bank, National Association 6900 France Avenue South Edina, MN 55435 Full Service B&M $148,167
Bremer Bank, National Association 701 Atlantic Avenue Morris, MN 56267 Full Service B&M $203,796
Bremer Bank, National Association 1290 Raintree Road Mankato, MN 56001 Full Service B&M $111,937
Bremer Bank, National Association 1444 45th Street, Sw Fargo, ND 58103 Full Service B&M $313,980
Bremer Bank, National Association 1500 North Broadway Menomonie, WI 54751 Full Service B&M $18,860
Bremer Bank, National Association 1600 University Ave W Ste 2 Saint Paul, MN 55104 Limited, Drive-thru $63,215
Bremer Bank, National Association 1618 Commerce Street Wahpeton, ND 58075 Full Service B&M $72,470
Bremer Bank, National Association 1677 Dan Patch Avenue Saint Paul, MN 55108 Limited, Mobile/Seasonal Office $0
Bremer Bank, National Association 1715 West County Road B2 Roseville, MN 55113 Full Service B&M $196,642
Bremer Bank, National Association 17600 Highway 7 Minnetonka, MN 55345 Full Service B&M $69,364
Bremer Bank, National Association 1995 Rahncliff Court Eagan, MN 55122 Full Service B&M $170,043
Bremer Bank, National Association 20 First Street, S.W. Minot, ND 58701 Full Service B&M $470,430
Bremer Bank, National Association 201 North Broadway Crookston, MN 56716 Full Service B&M $267,270

For 2021, Bremer Bank had 78 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $461,322
Net interest income $442,607
Total noninterest income $127,748
Gross Fiduciary activities income $22,279
Service charges on deposit accounts $16,457
Trading account gains and fees $4,606
Additional Noninterest Income $84,406
Pre-tax net operating income $232,766
Securities gains (or losses, -) $652
Income before extraordinary items $186,010
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $186,010
Minority interest net income $0
Net income $186,010
Sale, conversion, retirement of capital stock, net $0
Net operating income $185,488

Bremer Bank's gross interest income from loans was $461,322,000.
Bremer Bank's net interest income from loans was $442,607,000.
Bremer Bank's fee based income from loans was $16,457,000.
Bremer Bank's net income from loans was $186,010,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $18,715
Provision for credit losses $-10,295
Total noninterest expense $347,884
Salaries and employee benefits $216,235
Premises and equipment expense $43,984
Additional noninterest expense $87,665
Applicable income taxes $47,408
Net charge-offs $-4,157
Cash dividends $100,000

Bremer Bank's interest expense for loans was $18,715,000.
Bremer Bank's payroll and benefits expense were $216,235,000.
Bremer Bank's property, plant and equipment expenses $43,984,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 1.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $14,648,519
Deposits held in domestic offices $14,648,519
Deposits by Individuals, partnerships, and corporations $12,170,698
Deposits by U.S. Government $15
Deposits by States and political subdivisions in the U.S. $2,461,075
Deposits by Commercial banks and other depository institutions in U.S. $16,731
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $2,220,396
Demand deposits $1,922,460
Nontransaction accounts $12,428,123
Money market deposit accounts (MMDAs) $5,894,967
Other savings deposits (excluding MMDAs) $5,571,242
Total time deposits $961,914
Total time and savings deposits $12,726,059
Noninterest-bearing deposits $5,285,908
Interest-bearing deposits $9,362,611
Retail deposits $13,453,004
IRAs and Keogh plan accounts $219,078
Brokered deposits $864,361
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $16,499,164
Cash & Balances due from depository institutions $1,695,715
Interest-bearing balances $1,565,578
Total securities $3,956,223
Federal funds sold & reverse repurchase $1,935
Net loans and leases $10,096,542
Loan and leases loss allowance $123,647
Trading account assets $76,882
Bank premises and fixed assets $106,988
Other real estate owned $207
Goodwill and other intangibles $125,962
All other assets $438,710

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $16,499,164
Total Liabilities $15,043,298
Total deposits $14,648,519
Interest-bearing deposits $9,362,611
Deposits held in domestic offices $14,648,519
% insured (estimated) $54
Federal funds purchased and repurchase agreements $100,969
Trading liabilities $43,522
Other borrowed funds $152,214
Subordinated debt $0
All other liabilities $98,074

Issued Loan Types

Type Value (in 000's)
Net loans and leases $10,096,542
Loan and leases loss allowance $123,647
Total loans and leases (domestic) $10,220,189
All real estate loans $7,106,270
Real estate loans in domestic offices $7,106,270
Construction and development loans $894,286
Residential 1-4 family construction $69,849
Other construction, all land development and other land $824,437
Loans secured by nonfarm nonresidential properties $3,220,114
Nonfarm nonresidential secured by owner-occupied properties $1,355,498
Commercial real estate & other non-farm, non-residential $1,864,616
Multifamily residential real estate $772,264
1-4 family residential loans $1,575,707
Farmland loans $643,899
Loans held in foreign offices $0
Farm loans $513,280
Commercial and industrial loans $1,655,951
To non-U.S. addressees $0
Loans to individuals $116,128
Credit card loans $0
Related Plans $43,200
Consumer Auto Loans $21,151
Other loans to individuals $51,777
All other loans & leases $828,607
Loans to foreign governments and official institutions $0
Other loans $3,324
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $230
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $10,100
Non 1-4 family restructured loans & leases $1,996
Total loans and leases (foreign) $0

Bremer Bank had $10,096,542,000 of loans outstanding in 2021. $7,106,270,000 of loans were in real estate loans. $894,286,000 of loans were in development loans. $772,264,000 of loans were in multifamily mortgage loans. $1,575,707,000 of loans were in 1-4 family mortgage loans. $513,280,000 of loans were in farm loans. $0 of loans were in credit card loans. $21,151,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,932 $445,930 $230,813
Nonfarm, nonresidential loans - <$100k 389 $11,613 $29,853
Nonfarm, nonresidential loans - $100-250k 626 $75,337 $120,347
Nonfarm, nonresidential loans - $250k-1MM 917 $358,980 $391,472
Commercial & Industrial, US addressed loans - <$1MM 5,501 $324,533 $58,995
Commercial & Industrial, US addressed loans - <$100k 3,430 $51,997 $15,159
Commercial & Industrial, US addressed loans - $100-250k 1,074 $76,035 $70,796
Commercial & Industrial, US addressed loans - $250k-1MM 997 $196,501 $197,092
Farmland loans - <$1MM 1,642 $254,672 $155,099
Farmland loans - <$100k 370 $14,762 $39,897
Farmland loans - $100-250k 693 $84,659 $122,163
Farmland loans - $250k-1MM 579 $155,251 $268,136
Agriculture operations loans - <$1MM 3,795 $205,336 $54,107
Agriculture operations loans - <$100k 2,483 $41,080 $16,545
Agriculture operations loans - $100-250k 789 $67,524 $85,582
Agriculture operations loans - $250k-1MM 523 $96,732 $184,956