Bremer Bank Mortgage Rates, Fees & Info

St. Paul, MN

LEI: 54930082GM1TWV6QVI24

Tax ID: 41-0224890

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Bremer Bank is a smaller bank specializing in Home Purchase 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 by origination volume include: Minneapolis, Rochester, La Crosse, Fargo, and St. Cloud among others. We have data for 61 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bremer Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bremer Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.99% 12/16/24
    30 Year Conventional Purchase 6.38% 12/16/24
    30 Year Conventional Refi 6.03% 12/16/24
    30 Year Cash-out Refi 6.42% 12/16/24
    30 Year FHA Purchase 7.28% 12/16/24
    30 Year FHA Refi 7.46% 12/16/24
    30 Year VA Purchase 6.01% 12/16/24
    30 Year VA Refi 6.27% 12/16/24
    30 Year USDA Purchase 6.73% 12/16/24
    15 Year Conventional Purchase 5.62% 12/16/24
    15 Year Conventional Refi 5.71% 12/16/24
    15 Year Cash-out Refi 5.71% 12/16/24
    15 Year FHA Refi 5.68% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Bremer Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Bremer Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    4,455

    Origination Dollar Volume (All Markets)

    $964,785,000

    Employee count

    1,611 Show all (6) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1,074 $330,170,000 $307,421 $4,783 5.04%
    Outside of Metro Areas 802 $102,760,000 $128,130 $3,153 5.06%
    ROCHESTER, MN (FHA|USDA|VA) 373 $75,065,000 $201,247 $4,078 4.98%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 80 $42,790,000 $534,875 $2,937 5.00%
    FARGO, ND-MN (FHA|USDA|VA) 110 $38,230,000 $347,545 $4,462 4.88%
    ST. CLOUD, MN (FHA|USDA|VA) 238 $38,000,000 $159,664 $3,797 4.93%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 246 $37,790,000 $153,618 $3,738 4.86%
    Brainerd, MN (FHA|USDA|VA) 163 $30,555,000 $187,454 $4,724 4.90%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $30,365,000 $30,365,000 $0 3.92%
    Alexandria, MN (FHA|USDA|VA) 183 $26,145,000 $142,869 $3,756 5.06%
    MANKATO, MN (FHA|USDA|VA) 91 $23,715,000 $260,604 $4,119 4.94%
    Fergus Falls, MN (FHA|USDA|VA) 134 $22,080,000 $164,776 $4,099 4.96%
    Willmar, MN (FHA|USDA|VA) 130 $17,920,000 $137,846 $3,521 5.03%
    EAU CLAIRE, WI (FHA|USDA|VA) 125 $17,815,000 $142,520 $2,419 5.01%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $14,650,000 $7,325,000 $0 3.22%
    Owatonna, MN (FHA|USDA|VA) 55 $14,135,000 $257,000 $5,001 4.87%
    Minot, ND (FHA|USDA|VA) 66 $11,510,000 $174,394 $4,728 4.59%
    BISMARCK, ND (FHA|USDA|VA) 40 $11,380,000 $284,500 $5,564 4.72%
    Wahpeton, ND-MN (FHA|USDA|VA) 96 $10,730,000 $111,771 $3,764 4.87%
    Menomonie, WI (FHA|USDA|VA) 89 $10,495,000 $117,921 $2,127 5.17%
    Marshall, MN (FHA|USDA|VA) 87 $10,135,000 $116,494 $3,826 4.98%
    Winona, MN (FHA|USDA|VA) 67 $7,645,000 $114,104 $3,247 5.29%
    DULUTH, MN-WI (FHA|USDA|VA) 30 $7,190,000 $239,667 $5,135 4.77%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 19 $6,655,000 $350,263 $5,571 4.43%
    Austin, MN (FHA|USDA|VA) 44 $5,260,000 $119,545 $3,562 4.97%
    Stevens Point, WI (FHA|USDA|VA) 13 $2,245,000 $172,692 $3,825 5.08%
    Bemidji, MN (FHA|USDA|VA) 5 $1,735,000 $347,000 $6,318 4.50%
    Faribault-Northfield, MN (FHA|USDA|VA) 6 $1,410,000 $235,000 $4,207 4.67%
    Red Wing, MN (FHA|USDA|VA) 9 $1,395,000 $155,000 $4,606 4.82%
    OCALA, FL (FHA|USDA|VA) 1 $1,265,000 $1,265,000 $12,934 4.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,260,000 $630,000 $10,907 4.50%
    Jamestown, ND (FHA|USDA|VA) 9 $1,225,000 $136,111 $4,620 4.77%
    Dickinson, ND (FHA|USDA|VA) 6 $780,000 $130,000 $2,952 4.96%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $755,000 $755,000 $14,949 4.25%
    Albert Lea, MN (FHA|USDA|VA) 6 $700,000 $116,667 $3,418 4.83%
    Grand Rapids, MN (FHA|USDA|VA) 5 $685,000 $137,000 $2,903 4.83%
    Hutchinson, MN (FHA|USDA|VA) 4 $650,000 $162,500 $5,973 5.00%
    Williston, ND (FHA|USDA|VA) 2 $600,000 $300,000 $7,447 4.50%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $585,000 $585,000 $5,171 4.75%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $515,000 $515,000 $3,134 4.38%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $500,000 $250,000 $5,046 4.69%
    Watertown, SD (FHA|USDA|VA) 1 $475,000 $475,000 $2,306 4.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $470,000 $235,000 $6,043 4.63%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 4 $450,000 $112,500 $3,375 4.97%
    New Ulm, MN (FHA|USDA|VA) 4 $440,000 $110,000 $4,000 5.44%
    TUCSON, AZ (FHA|USDA|VA) 2 $440,000 $220,000 $6,144 4.75%
    MADISON, WI (FHA|USDA|VA) 3 $415,000 $138,333 $2,550 6.21%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $375,000 $375,000 $0 4.75%
    APPLETON, WI (FHA|USDA|VA) 2 $360,000 $180,000 $2,194 4.69%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $305,000 $305,000 $6,859 4.63%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.57%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $6,528 5.25%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 3 $225,000 $75,000 $1,476 4.83%
    RACINE, WI (FHA|USDA|VA) 2 $190,000 $95,000 $3,939 5.38%
    Mason City, IA (FHA|USDA|VA) 2 $140,000 $70,000 $0 6.25%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,933 5.00%
    Platteville, WI (FHA|USDA|VA) 2 $110,000 $55,000 $1,776 5.00%
    Nogales, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.25%
    Fairmont, MN (FHA|USDA|VA) 2 $90,000 $45,000 $2,286 4.80%
    Shawano, WI (FHA|USDA|VA) 1 $65,000 $65,000 $3,284 3.75%
    Worthington, MN (FHA|USDA|VA) 1 $15,000 $15,000 $0 5.25%
    Bremer Bank's top markets include Minneapolis, Rochester, La Crosse, Fargo, and St. Cloud among others.

    Their top states include:
  • Minnesota (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • North Dakota (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Bremer Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Similarity Rank: 78
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    CAPITAL CREDIT UNION
    Similarity Rank: 184

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,944 $803,060,000 $272,779 $3,677 4.80%
    HELOC 1,093 $90,695,000 $82,978 n/a 5.67%
    FHA 164 $26,690,000 $162,744 $6,644 4.65%
    USDA 128 $16,580,000 $129,531 $5,011 4.47%
    VA 126 $27,760,000 $220,317 $6,114 4.51%

    For 2018, Bremer Bank's most frequently originated type of loan was Conventional, with 2,944 originations. Their 2nd most popular type was HELOC, with 1,093 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,348 $640,400,000 $272,743 $4,491 4.70%
    Other 766 $59,430,000 $77,585 $10 5.76%
    Refi 577 $134,705,000 $233,458 $3,351 4.94%
    Cash Out Refi 460 $81,480,000 $177,130 $3,582 4.75%
    Home Improvement 304 $48,770,000 $160,428 $558 5.70%

    For 2018, Bremer Bank's most frequently cited loan purpose was Home Purchase, with 2,348 originations. The 2nd most popular reason was Other, with 766 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,482 $630,100,000 $180,959 $4,622 5.00%
    15 Year 333 $72,885,000 $218,874 $3,516 4.27%
    10 Year 315 $56,655,000 $179,857 $463 5.46%
    5 Year 124 $51,150,000 $412,500 $8 5.43%
    20 Year 106 $20,660,000 $194,906 $3,331 4.63%
    Other 88 $101,800,000 $1,156,818 $221 5.59%
    3 Year 5 $30,845,000 $6,169,000 $0 4.82%
    1 Year 2 $690,000 $345,000 $0 5.29%

    For 2018, Bremer Bank's most frequently cited loan duration was 30 Year, with 3,482 originations. The 2nd most popular length was 15 Year, with 333 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 994 $157,270,000 $158,219
    $2k-3k 822 $149,950,000 $182,421
    $1k-2k 691 $85,885,000 $124,291
    $3k-4k 420 $113,560,000 $270,381
    $4k-5k 138 $49,870,000 $361,377
    $5k+ 124 $69,250,000 $558,468

    Bremer Bank's average total fees were $4,622, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 994 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,352 $597,280,000 $253,946
    5-6% 1,509 $181,445,000 $120,242
    3-4% 355 $164,755,000 $464,099
    6-7% 160 $9,070,000 $56,688
    7-8% 70 $2,810,000 $40,143
    Over 8% 7 $255,000 $36,429
    2.5-3% 2 $9,170,000 $4,585,000

    During 2018, Bremer Bank's average interest rate for loans was 5.00%, while their most frequently originated rate bucket for loans was 4-5%, with 2,352 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,578 $79,430,000 $50,336 $1,662 5.46%
    $100k-200k 1,552 $225,960,000 $145,593 $3,983 4.82%
    $200k-400k 1,038 $278,020,000 $267,842 $5,174 4.68%
    $400k-600k 183 $86,115,000 $470,574 $6,145 4.49%
    $600k-1MM 63 $47,875,000 $759,921 $7,067 4.40%
    $1MM+ 41 $247,385,000 $6,033,780 $9,941 4.38%

    2018 saw Bremer Bank place emphasis on $100,000 or less loans with 1,578 originations, totaling $79,430,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,003 $131,845,000 $131,451 $3,728 4.99%
    $50k or less 847 $86,875,000 $102,568 $3,424 4.90%
    $100k-150k 841 $147,095,000 $174,905 $4,248 5.07%
    $75k-100k 755 $116,565,000 $154,391 $4,009 5.02%
    $150k-250k 498 $110,050,000 $220,984 $4,388 5.02%
    $250k+ 339 $123,645,000 $364,735 $5,515 4.83%

    Bremer Bank lent most frequently to those with incomes in the $50k-75k range, with 1,003 originations. The second most popular income band? $50k or less, with 847 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,061 $166,665,000 $157,083 $3,773 5.01%
    30-36% 868 $139,380,000 $160,576 $3,832 5.00%
    <20% 498 $78,770,000 $158,173 $3,374 4.98%
    44% 201 $29,995,000 $149,229 $4,001 5.19%
    39% 163 $25,975,000 $159,356 $3,866 5.15%
    42% 158 $26,720,000 $169,114 $4,350 4.90%
    43% 158 $27,810,000 $176,013 $4,156 4.96%
    40% 154 $27,330,000 $177,468 $4,234 4.93%
    38% 147 $23,745,000 $161,531 $3,849 5.12%
    41% 141 $23,805,000 $168,830 $4,159 4.94%
    36% 140 $24,580,000 $175,571 $4,174 4.93%
    37% 130 $19,550,000 $150,385 $3,717 5.13%
    48% 86 $17,490,000 $203,372 $4,601 4.70%
    45% 83 $14,565,000 $175,482 $4,169 4.78%
    49% 80 $16,700,000 $208,750 $4,632 4.78%
    46% 78 $15,710,000 $201,410 $4,168 4.70%
    47% 75 $13,895,000 $185,267 $4,548 4.74%
    50-60% 56 $14,430,000 $257,679 $6,581 4.91%
    >60% 19 $8,435,000 $443,947 $6,050 4.66%

    Bremer Bank lent most frequently to those with DTI ratios of 20-30%, with 1,061 originations. The next most common DTI ratio? 30-36%, with 868 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,115 $561,045,000 $180,111 $4,137 4.84%
    Not applicable 122 $241,830,000 $1,982,213 $0 5.10%
    Not provided 1,103 $142,025,000 $128,762 $3,051 5.41%
    Asian 54 $10,440,000 $193,333 $4,022 4.96%
    Black 39 $6,725,000 $172,436 $4,375 4.94%
    American Indian 17 $1,985,000 $116,765 $4,037 4.84%
    Other Asian 2 $340,000 $170,000 $5,271 4.88%
    1 $165,000 $165,000 $4,281 4.75%
    Filipino 1 $145,000 $145,000 $0 5.50%
    Chinese 1 $85,000 $85,000 $3,263 4.63%

    Approval Rates

    Total approvals of all applications
    89.19%

    Bremer Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.77%

    Bremer Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 17 $285,000 $16,765
    NA 4,438 $964,500,000 $217,328

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $85,000 $85,000
    Multifamily:Site-Built 40 $228,210,000 $5,705,250
    Single Family (1-4 Units):Manufactured 76 $5,280,000 $69,474
    Single Family (1-4 Units):Site-Built 4,338 $731,210,000 $168,559

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 553 $69,705,000 $126,049 $1,604 5.48%
    40-60% 398 $101,710,000 $255,553 $3,349 4.88%
    60-80% 1,006 $322,520,000 $320,596 $4,241 4.75%
    80-100% 1,746 $374,180,000 $214,307 $4,661 4.72%
    Over 100% 31 $7,995,000 $257,903 $9,629 4.46%
    Under 20% 721 $88,675,000 $122,989 $201 5.69%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bremer Bank, National Association 100 East Main Street Rice, MN 56367 Full Service B&M $42,144
    Bremer Bank, National Association 10040 City Walk Drive Woodbury, MN 55129 Full Service B&M $112,839
    Bremer Bank, National Association 101 East Fourth Street Redwood Falls, MN 56283 Full Service B&M $77,940
    Bremer Bank, National Association 101 Minnesota Avenue North Aitkin, MN 56431 Full Service B&M $77,401
    Bremer Bank, National Association 104 West Maple Street Amery, WI 54001 Full Service B&M $168,075
    Bremer Bank, National Association 105 Third Street, S.W. Rugby, ND 58368 Full Service B&M $58,206
    Bremer Bank, National Association 108 Cedar Street, East Houston, MN 55943 Full Service B&M $36,973
    Bremer Bank, National Association 109 South Mantorvill Avenue Kasson, MN 55944 Full Service B&M $41,083
    Bremer Bank, National Association 109 Wisconsin Avenue North Frederic, WI 54837 Full Service B&M $53,202
    Bremer Bank, National Association 11 Langer Avenue N Casselton, ND 58012 Full Service B&M $69,415
    Bremer Bank, National Association 110 1st Street South Sauk Rapids, MN 56379 Full Service Retail $19,389
    Bremer Bank, National Association 1100 St. Germain Street Saint Cloud, MN 56301 Full Service B&M $362,852
    Bremer Bank, National Association 113 E. Front Street Brandon, MN 56315 Full Service B&M $39,283
    Bremer Bank, National Association 113 Main Street N Fordville, ND 58231 Limited, Drive-thru $10,785
    Bremer Bank, National Association 115 East Holmes Street Detroit Lakes, MN 56501 Full Service B&M $230,206
    Bremer Bank, National Association 11800 Singletree Lane Eden Prairie, MN 55344 Full Service B&M $101,284
    Bremer Bank, National Association 119 East First Street Stewartville, MN 55976 Full Service B&M $51,330
    Bremer Bank, National Association 119 Towner Avenue Larimore, ND 58251 Full Service B&M $39,823
    Bremer Bank, National Association 1204 19th Avenue North Fargo, ND 58102 Full Service B&M $32,209
    Bremer Bank, National Association 128 B Street N Richardton, ND 58652 Full Service B&M $43,735
    Bremer Bank, National Association 129 South Broad Street Bayfield, WI 54814 Full Service B&M $41,951
    Bremer Bank, National Association 1290 Raintree Road Mankato, MN 56001 Full Service B&M $60,241
    Bremer Bank, National Association 140 Main Street Rollingstone, MN 55969 Full Service B&M $31,776
    Bremer Bank, National Association 1444 45th Street, Sw Fargo, ND 58103 Full Service B&M $138,350
    Bremer Bank, National Association 1500 North Broadway Menomonie, WI 54751 Full Service B&M $14,519
    Bremer Bank, National Association 1618 Commerce Street Wahpeton, ND 58075 Full Service B&M $52,984
    Bremer Bank, National Association 1625 Highway 14 East Rochester, MN 55901 Full Service B&M $102,130
    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 $165,999
    Bremer Bank, National Association 17600 Highway 7 Minnetonka, MN 55345 Full Service B&M $47,515
    Bremer Bank, National Association 1995 Rahncliff Court Eagan, MN 55122 Full Service B&M $71,632
    Bremer Bank, National Association 20 First Street, S.W. Minot, ND 58701 Full Service B&M $374,379
    Bremer Bank, National Association 201 North Broadway Crookston, MN 56716 Full Service B&M $211,266
    Bremer Bank, National Association 202 South Rum River Dr Princeton, MN 55371 Full Service B&M $136,718
    Bremer Bank, National Association 202 West Johnson Avenue Warren, MN 56762 Full Service B&M $85,960
    Bremer Bank, National Association 208 East College Drive Marshall, MN 56258 Full Service B&M $203,726
    Bremer Bank, National Association 2210 Highway 29 South Alexandria, MN 56308 Limited, Drive-thru $29,466
    Bremer Bank, National Association 225 Lafayette Street Winona, MN 55987 Full Service B&M $21,416
    Bremer Bank, National Association 225 North Fifth Street Breckenridge, MN 56520 Full Service B&M $69,308
    Bremer Bank, National Association 2330 College Way Fergus Falls, MN 56537 Full Service B&M $59,085
    Bremer Bank, National Association 2401 Lowry Avenue, Northeast St. Anthony, MN 55418 Full Service B&M $219,648
    Bremer Bank, National Association 24449 State Road 35 70 Siren, WI 54872 Full Service B&M $91,016
    Bremer Bank, National Association 2570 Midwest Drive Onalaska, WI 54650 Full Service B&M $70,533
    Bremer Bank, National Association 27 West Second Street Eyota, MN 55934 Full Service B&M $36,616
    Bremer Bank, National Association 300 S Main Street Starbuck, MN 56381 Full Service B&M $23,571
    Bremer Bank, National Association 301 Bremer Avenue Colfax, WI 54730 Full Service B&M $29,734
    Bremer Bank, National Association 301 Territorial St E Watertown, MN 55388 Full Service B&M $58,732
    Bremer Bank, National Association 31 West Bayfield Street Washburn, WI 54891 Full Service B&M $78,580
    Bremer Bank, National Association 3100 South Columbia Road Grand Forks, ND 58201 Full Service B&M $357,083
    Bremer Bank, National Association 3131 Frontage Road South Moorhead, MN 56560 Full Service B&M $38,941
    Bremer Bank, National Association 318 1st Avenue Sw Rochester, MN 55902 Full Service B&M $63,971
    Bremer Bank, National Association 321 South 7th Street Brainerd, MN 56401 Full Service B&M $163,013
    Bremer Bank, National Association 3415 Vicksburg Lane North Plymouth, MN 55447 Full Service B&M $111,790
    Bremer Bank, National Association 345 Fourth Avenue International Falls, MN 56649 Full Service B&M $97,771
    Bremer Bank, National Association 372 Saint Peter Street Saint Paul, MN 55102 Full Service B&M $1,531,075
    Bremer Bank, National Association 3947 Oakwood Hills Pkwy Eau Claire, WI 54701 Full Service B&M $27,556
    Bremer Bank, National Association 4150 2nd St South Saint Cloud, MN 56301 Full Service B&M $190,111
    Bremer Bank, National Association 424 5th Street Ne Devils Lake, ND 58301 Full Service B&M $98,370
    Bremer Bank, National Association 427 North Snelling Ave St. Paul, MN 55104 Full Service B&M $57,568
    Bremer Bank, National Association 45 28th Street Se Rochester, MN 55904 Full Service B&M $42,314
    Bremer Bank, National Association 4600 White Bear Parkway White Bear Lake, MN 55110 Full Service B&M $44,564
    Bremer Bank, National Association 500 Willmar Avenue Se Willmar, MN 56201 Full Service B&M $287,983
    Bremer Bank, National Association 503 Broadway Street South, Ste 10 Menomonie, WI 54751 Full Service B&M $118,312
    Bremer Bank, National Association 5125 Highway 52 North Rochester, MN 55901 Full Service B&M $92,824
    Bremer Bank, National Association 520 1st Street Ne Sartell, MN 56377 Full Service Retail $7,899
    Bremer Bank, National Association 532 S Knowles Ave New Richmond, WI 54017 Full Service B&M $91,352
    Bremer Bank, National Association 5540 Brooklyn Boulevard Brooklyn Center, MN 55429 Full Service B&M $34,405
    Bremer Bank, National Association 5990 Nova Scotia Avenue North Stillwater, MN 55082 Full Service B&M $25,461
    Bremer Bank, National Association 622 Main Street Lisbon, ND 58054 Full Service B&M $82,766
    Bremer Bank, National Association 633 Concord St S South Saint Paul, MN 55075 Full Service B&M $410,078
    Bremer Bank, National Association 6500 Nicollet Avenue South Richfield, MN 55423 Full Service B&M $61,787
    Bremer Bank, National Association 6800 Cahill Avenue Inver Grove Heights, MN 55076 Full Service B&M $75,760
    Bremer Bank, National Association 6900 France Avenue South Edina, MN 55435 Full Service B&M $138,447
    Bremer Bank, National Association 701 Atlantic Avenue Morris, MN 56267 Full Service B&M $113,639
    Bremer Bank, National Association 710 South Washington Bismarck, ND 58504 Full Service B&M $35,541
    Bremer Bank, National Association 720 Broadway Alexandria, MN 56308 Full Service B&M $232,120
    Bremer Bank, National Association 730 West Bridge Street Owatonna, MN 55060 Full Service B&M $36,907
    Bremer Bank, National Association 748 Whitewater Avenue St. Charles, MN 55972 Full Service B&M $42,439
    Bremer Bank, National Association 7558 Design Road Baxter, MN 56425 Full Service B&M $92,608
    Bremer Bank, National Association 80 South 8th Street Suite 240 Minneapolis, MN 55402 Full Service B&M $868,759
    Bremer Bank, National Association 801 Market Street Perham, MN 56573 Full Service B&M $44,977
    Bremer Bank, National Association 805 North Main Street Austin, MN 55912 Full Service B&M $40,231
    Bremer Bank, National Association 807 Main Street Carrington, ND 58421 Full Service B&M $80,288
    Bremer Bank, National Association 8800 Highway 7 St. Louis Park, MN 55426 Full Service B&M $202,309
    Bremer Bank, National Association 910 Hill Avenue Grafton, ND 58237 Full Service B&M $87,693
    Bremer Bank, National Association 921 North Washington Grand Forks, ND 58201 Full Service B&M $1,709
    Bremer Bank, National Association 925 31st Avenue Sw Minot, ND 58701 Full Service B&M $18,359

    For 2018, Bremer Bank had 87 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $462,623
    Net interest income $386,899
    Total noninterest income $87,404
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $18,498
    Trading account gains and fees $3,963
    Additional Noninterest Income $64,943
    Pre-tax net operating income $182,252
    Securities gains (or losses, -) $-1,052
    Income before extraordinary items $148,978
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $148,978
    Minority interest net income $0
    Net income $148,978
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $149,840

    Bremer Bank's gross interest income from loans was $462,623,000.
    Bremer Bank's net interest income from loans was $386,899,000.
    Bremer Bank's fee based income from loans was $18,498,000.
    Bremer Bank's net income from loans was $148,978,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $75,724
    Provision for credit losses $1,000
    Total noninterest expense $291,051
    Salaries and employee benefits $188,753
    Premises and equipment expense $37,844
    Additional noninterest expense $64,454
    Applicable income taxes $32,222
    Net charge-offs $1,117
    Cash dividends $90,000

    Bremer Bank's interest expense for loans was $75,724,000.
    Bremer Bank's payroll and benefits expense were $188,753,000.
    Bremer Bank's property, plant and equipment expenses $37,844,000.

    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 0.0%
    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 $10,561,191
    Deposits held in domestic offices $10,561,191
    Deposits by Individuals, partnerships, and corporations $8,962,362
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $1,526,996
    Deposits by Commercial banks and other depository institutions in U.S. $71,833
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,411,751
    Demand deposits $1,207,056
    Nontransaction accounts $9,149,441
    Money market deposit accounts (MMDAs) $4,481,427
    Other savings deposits (excluding MMDAs) $3,331,875
    Total time deposits $1,336,137
    Total time and savings deposits $9,354,136
    Noninterest-bearing deposits $3,106,777
    Interest-bearing deposits $7,454,414
    Retail deposits $8,966,508
    IRAs and Keogh plan accounts $479,725
    Brokered deposits $1,230,090
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $12,122,519
    Cash & Balances due from depository institutions $236,218
    Interest-bearing balances $52,306
    Total securities $3,207,392
    Federal funds sold & reverse repurchase $437
    Net loans and leases $8,049,577
    Loan and leases loss allowance $108,756
    Trading account assets $21,230
    Bank premises and fixed assets $101,567
    Other real estate owned $1,901
    Goodwill and other intangibles $124,143
    All other assets $380,054

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $12,122,519
    Total Liabilities $11,003,985
    Total deposits $10,561,191
    Interest-bearing deposits $7,454,414
    Deposits held in domestic offices $10,561,191
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $203,753
    Trading liabilities $25,406
    Other borrowed funds $130,844
    Subordinated debt $0
    All other liabilities $82,791

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $8,049,577
    Loan and leases loss allowance $108,756
    Total loans and leases (domestic) $8,158,333
    All real estate loans $5,539,902
    Real estate loans in domestic offices $5,539,902
    Construction and development loans $395,067
    Residential 1-4 family construction $46,772
    Other construction, all land development and other land $348,295
    Loans secured by nonfarm nonresidential properties $2,813,329
    Nonfarm nonresidential secured by owner-occupied properties $1,142,063
    Commercial real estate & other non-farm, non-residential $1,671,266
    Multifamily residential real estate $612,633
    1-4 family residential loans $1,063,962
    Farmland loans $654,911
    Loans held in foreign offices $0
    Farm loans $581,592
    Commercial and industrial loans $1,138,073
    To non-U.S. addressees $0
    Loans to individuals $191,642
    Credit card loans $0
    Related Plans $55,985
    Consumer Auto Loans $39,879
    Other loans to individuals $95,778
    All other loans & leases $707,177
    Loans to foreign governments and official institutions $0
    Other loans $2,657
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $21,613
    Non 1-4 family restructured loans & leases $4,493
    Total loans and leases (foreign) $0

    Bremer Bank had $8,049,577,000 of loans outstanding in 2018. $5,539,902,000 of loans were in real estate loans. $395,067,000 of loans were in development loans. $612,633,000 of loans were in multifamily mortgage loans. $1,063,962,000 of loans were in 1-4 family mortgage loans. $581,592,000 of loans were in farm loans. $0 of loans were in credit card loans. $39,879,000 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 2,596 $543,633 $209,412
    Nonfarm, nonresidential loans - <$100k 691 $31,189 $45,136
    Nonfarm, nonresidential loans - $100-250k 865 $107,785 $124,607
    Nonfarm, nonresidential loans - $250k-1MM 1,040 $404,659 $389,095
    Commercial & Industrial, US addressed loans - <$1MM 5,944 $389,358 $65,504
    Commercial & Industrial, US addressed loans - <$100k 3,562 $55,635 $15,619
    Commercial & Industrial, US addressed loans - $100-250k 1,223 $90,891 $74,318
    Commercial & Industrial, US addressed loans - $250k-1MM 1,159 $242,832 $209,519
    Farmland loans - <$1MM 2,010 $286,759 $142,666
    Farmland loans - <$100k 570 $21,230 $37,246
    Farmland loans - $100-250k 853 $104,064 $121,998
    Farmland loans - $250k-1MM 587 $161,465 $275,068
    Agriculture operations loans - <$1MM 4,260 $267,584 $62,813
    Agriculture operations loans - <$100k 2,793 $55,901 $20,015
    Agriculture operations loans - $100-250k 949 $97,919 $103,181
    Agriculture operations loans - $250k-1MM 518 $113,764 $219,622