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™
  • Mortgage Calculator

    • 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 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 by origination volume include: Minneapolis, Rochester, Mankato, St. Cloud, and Grand Forks among others. We have data for 66 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bremer Bank has an above 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

    4,823

    Origination Dollar Volume (All Markets)

    $1,364,895,000

    Employee count

    1,563 Show all (16) 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) 1,251 $520,205,000 $415,831 $5,024 4.50%
    Outside of Metro Areas 839 $123,275,000 $146,931 $3,567 4.68%
    ROCHESTER, MN (FHA|USDA|VA) 363 $85,885,000 $236,598 $4,284 4.35%
    MANKATO, MN (FHA|USDA|VA) 104 $81,830,000 $786,827 $4,311 4.39%
    ST. CLOUD, MN (FHA|USDA|VA) 300 $65,670,000 $218,900 $4,194 4.34%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 226 $52,230,000 $231,106 $4,145 4.45%
    Brainerd, MN (FHA|USDA|VA) 155 $48,015,000 $309,774 $4,318 4.54%
    FARGO, ND-MN (FHA|USDA|VA) 182 $39,030,000 $214,451 $4,140 4.51%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 73 $37,285,000 $510,753 $3,036 4.37%
    Willmar, MN (FHA|USDA|VA) 185 $31,255,000 $168,946 $3,481 4.44%
    Fergus Falls, MN (FHA|USDA|VA) 178 $30,810,000 $173,090 $4,283 4.55%
    Alexandria, MN (FHA|USDA|VA) 171 $30,045,000 $175,702 $4,159 4.48%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 24 $27,550,000 $1,147,917 $4,832 4.09%
    EAU CLAIRE, WI (FHA|USDA|VA) 120 $23,660,000 $197,167 $2,461 4.69%
    BISMARCK, ND (FHA|USDA|VA) 48 $19,640,000 $409,167 $5,682 4.13%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $15,005,000 $15,005,000 $0 3.96%
    Wahpeton, ND-MN (FHA|USDA|VA) 110 $14,540,000 $132,182 $3,799 4.55%
    Minot, ND (FHA|USDA|VA) 42 $13,480,000 $320,952 $4,735 4.60%
    Marshall, MN (FHA|USDA|VA) 97 $12,885,000 $132,835 $3,779 4.54%
    DULUTH, MN-WI (FHA|USDA|VA) 26 $10,850,000 $417,308 $4,000 4.46%
    Winona, MN (FHA|USDA|VA) 68 $10,820,000 $159,118 $3,699 4.70%
    Menomonie, WI (FHA|USDA|VA) 56 $9,270,000 $165,536 $2,277 4.76%
    Owatonna, MN (FHA|USDA|VA) 44 $8,010,000 $182,045 $4,711 4.08%
    Hutchinson, MN (FHA|USDA|VA) 16 $7,510,000 $469,375 $4,859 4.51%
    Red Wing, MN (FHA|USDA|VA) 14 $6,310,000 $450,714 $5,630 4.57%
    Austin, MN (FHA|USDA|VA) 29 $4,725,000 $162,931 $3,877 4.59%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $4,000,000 $2,000,000 $26,482 3.38%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $3,245,000 $3,245,000 $0 5.00%
    Key West, FL (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $37,960 3.50%
    Stevens Point, WI (FHA|USDA|VA) 13 $2,705,000 $208,077 $3,249 4.04%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $2,530,000 $421,667 $7,219 4.56%
    Bemidji, MN (FHA|USDA|VA) 13 $2,425,000 $186,538 $4,073 4.00%
    SIOUX FALLS, SD (FHA|USDA|VA) 6 $1,740,000 $290,000 $5,207 4.48%
    Faribault-Northfield, MN (FHA|USDA|VA) 7 $1,685,000 $240,714 $5,648 4.07%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,530,000 $382,500 $11,502 4.88%
    Dickinson, ND (FHA|USDA|VA) 6 $1,270,000 $211,667 $7,926 4.66%
    RAPID CITY, SD (FHA|USDA|VA) 2 $1,130,000 $565,000 $7,092 3.56%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $965,000 $965,000 $17,936 3.50%
    Kalispell, MT (FHA|USDA|VA) 1 $735,000 $735,000 $6,401 3.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $690,000 $345,000 $0 5.31%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $655,000 $655,000 $7,609 3.75%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $525,000 $525,000 $4,457 4.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $485,000 $485,000 $6,138 4.38%
    Albert Lea, MN (FHA|USDA|VA) 3 $475,000 $158,333 $4,680 4.63%
    Williston, ND (FHA|USDA|VA) 4 $420,000 $105,000 $2,465 4.04%
    Jamestown, ND (FHA|USDA|VA) 2 $410,000 $205,000 $4,495 3.25%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $375,000 $375,000 $1,978 3.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $350,000 $175,000 $3,441 4.63%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $275,000 $275,000 $3,319 4.25%
    Grand Rapids, MN (FHA|USDA|VA) 2 $270,000 $135,000 $3,966 5.06%
    Fairmont, MN (FHA|USDA|VA) 1 $265,000 $265,000 $3,009 4.25%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $5,790 4.50%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $245,000 $245,000 $4,382 3.75%
    MADISON, WI (FHA|USDA|VA) 1 $245,000 $245,000 $3,887 3.88%
    New Ulm, MN (FHA|USDA|VA) 1 $245,000 $245,000 $5,821 4.13%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,994 4.25%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $4,915 4.25%
    TUCSON, AZ (FHA|USDA|VA) 2 $220,000 $110,000 $4,029 4.25%
    APPLETON, WI (FHA|USDA|VA) 1 $205,000 $205,000 $4,501 3.00%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $195,000 $195,000 $4,722 3.75%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $3,362 3.75%
    FOND DU LAC, WI (FHA|USDA|VA) 2 $180,000 $90,000 $1,375 5.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $175,000 $175,000 $2,133 4.63%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $175,000 $175,000 $5,829 4.50%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $75,000 $75,000 $2,950 3.75%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.25%
    Bremer Bank's top markets include Minneapolis, Rochester, Mankato, St. Cloud, and Grand Forks among others.

    Their top states include:
  • Minnesota (FHA|USDA|VA)
  • North Dakota (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • California (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.

    Prevail Bank
    Similarity Rank: 48
    Firefighters Credit Union
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    Western National Bank
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    Dacotah Bank
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    CO-OP Credit Union
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    CoVantage Credit Union
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    VERVE, A CREDIT UNION
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    The Miners National Bank of Eveleth
    Similarity Rank: 335
    T & C REAL ESTATE SERVICES LLC
    Similarity Rank: 440
    CAPITAL CREDIT UNION
    Similarity Rank: 490

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,492 $1,216,890,000 $348,479 $4,071 4.15%
    HELOC 962 $82,600,000 $85,863 n/a 5.94%
    FHA 151 $26,115,000 $172,947 $6,885 4.21%
    USDA 120 $16,660,000 $138,833 $5,220 3.87%
    VA 98 $22,630,000 $230,918 $4,732 4.02%

    For 2019, Bremer Bank's most frequently originated type of loan was Conventional, with 3,492 originations. Their 2nd most popular type was HELOC, with 962 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,215 $754,655,000 $340,702 $4,716 4.19%
    Refi 1,057 $409,915,000 $387,810 $3,896 4.15%
    Other 672 $51,170,000 $76,146 $8 5.99%
    Cash Out Refi 653 $134,265,000 $205,613 $4,022 4.08%
    Home Improvement 226 $14,890,000 $65,885 $772 5.96%

    For 2019, Bremer Bank's most frequently cited loan purpose was Home Purchase, with 2,215 originations. The 2nd most popular reason was Refi, with 1,057 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,655 $795,415,000 $217,624 $4,698 4.60%
    15 Year 554 $122,390,000 $220,921 $3,949 3.53%
    10 Year 264 $140,480,000 $532,121 $785 5.01%
    20 Year 145 $47,145,000 $325,138 $3,633 3.94%
    5 Year 119 $64,495,000 $541,975 $0 5.03%
    Other 78 $139,850,000 $1,792,949 $662 5.27%
    1 Year 5 $515,000 $103,000 $0 6.13%
    3 Year 3 $54,605,000 $18,201,667 $0 4.55%

    For 2019, Bremer Bank's most frequently cited loan duration was 30 Year, with 3,655 originations. The 2nd most popular length was 15 Year, with 554 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 1,028 $201,500,000 $196,012
    $<1k 980 $216,390,000 $220,806
    $1k-2k 779 $128,845,000 $165,398
    $3k-4k 505 $141,285,000 $279,772
    $5k+ 191 $124,285,000 $650,707
    $4k-5k 173 $66,745,000 $385,809

    Bremer Bank's average total fees were $4,698, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 1,028 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,049 $774,335,000 $377,909
    4-5% 1,393 $439,195,000 $315,287
    5-6% 961 $96,865,000 $100,796
    6-7% 249 $14,135,000 $56,767
    2.5-3% 94 $36,890,000 $392,447
    7-8% 73 $3,365,000 $46,096
    Over 8% 4 $110,000 $27,500

    During 2019, Bremer Bank's average interest rate for loans was 4.60%, while their most frequently originated rate bucket for loans was 3-4%, with 2,049 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,632 $244,690,000 $149,933 $3,925 4.32%
    $100,000 or less 1,374 $70,940,000 $51,630 $1,934 5.39%
    $200k-400k 1,304 $355,240,000 $272,423 $4,846 4.02%
    $400k-600k 278 $133,070,000 $478,669 $5,720 3.96%
    $600k-1MM 150 $112,910,000 $752,733 $7,235 3.91%
    $1MM+ 85 $448,045,000 $5,271,118 $10,539 3.89%

    2019 saw Bremer Bank place emphasis on $100k-200k loans with 1,632 originations, totaling $244,690,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,024 $150,260,000 $146,738 $3,874 4.49%
    $100k-150k 952 $190,690,000 $200,305 $4,351 4.55%
    $50k or less 793 $83,905,000 $105,807 $3,486 4.48%
    $75k-100k 739 $119,425,000 $161,604 $4,136 4.57%
    $150k-250k 572 $162,880,000 $284,755 $4,923 4.52%
    $250k+ 465 $235,595,000 $506,656 $6,218 4.30%

    Bremer Bank lent most frequently to those with incomes in the $50k-75k range, with 1,024 originations. The second most popular income band? $100k-150k, with 952 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,188 $260,470,000 $219,251 $4,220 4.46%
    30-36% 916 $188,020,000 $205,262 $4,027 4.48%
    <20% 535 $123,135,000 $230,159 $3,951 4.38%
    44% 238 $44,440,000 $186,723 $4,468 4.75%
    37% 175 $34,765,000 $198,657 $3,965 4.65%
    39% 175 $37,285,000 $213,057 $4,443 4.59%
    43% 171 $36,585,000 $213,947 $4,891 4.55%
    36% 171 $31,345,000 $183,304 $4,314 4.62%
    38% 167 $33,355,000 $199,731 $4,406 4.62%
    42% 165 $30,065,000 $182,212 $4,194 4.42%
    41% 150 $32,770,000 $218,467 $4,558 4.43%
    40% 150 $25,300,000 $168,667 $4,145 4.56%
    45% 72 $14,390,000 $199,861 $4,569 4.08%
    49% 71 $15,755,000 $221,901 $4,552 4.28%
    47% 61 $11,135,000 $182,541 $4,538 4.14%
    46% 61 $12,495,000 $204,836 $4,610 4.16%
    48% 61 $12,275,000 $201,230 $4,260 4.25%
    50-60% 44 $9,340,000 $212,273 $5,209 4.59%
    >60% 20 $6,950,000 $347,500 $6,955 4.81%

    Bremer Bank lent most frequently to those with DTI ratios of 20-30%, with 1,188 originations. The next most common DTI ratio? 30-36%, with 916 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,498 $754,170,000 $215,600 $4,293 4.28%
    Not applicable 134 $394,300,000 $2,942,537 $0 4.48%
    Not provided 1,083 $191,595,000 $176,911 $3,789 5.26%
    Asian 47 $12,805,000 $272,447 $4,881 4.30%
    Black 37 $8,305,000 $224,459 $5,369 4.09%
    American Indian 20 $2,510,000 $125,500 $4,149 4.40%
    Other Asian 1 $555,000 $555,000 $5,134 3.88%
    Asian Indian 1 $425,000 $425,000 $4,110 4.00%
    Other Pacific Islander 1 $165,000 $165,000 $5,462 3.75%
    1 $65,000 $65,000 $0 6.26%

    Approval Rates

    Total approvals of all applications
    92.06%

    Bremer Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.87%

    Bremer Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 3 $115,000 $38,333
    12.0 2 $50,000 $25,000
    13.0 2 $50,000 $25,000
    19.35 1 $15,000 $15,000
    33.7 1 $15,000 $15,000
    37.35 1 $15,000 $15,000
    38.7 2 $70,000 $35,000
    4.0 1 $25,000 $25,000
    46.7 1 $65,000 $65,000
    NA 4,809 $1,364,475,000 $283,734

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 55 $382,795,000 $6,959,909
    Single Family (1-4 Units):Manufactured 69 $5,325,000 $77,174
    Single Family (1-4 Units):Site-Built 4,699 $976,775,000 $207,869

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 483 $96,615,000 $200,031 $2,281 5.37%
    40-60% 456 $184,840,000 $405,351 $3,747 4.25%
    60-80% 1,396 $548,980,000 $393,252 $4,468 4.09%
    80-100% 1,803 $477,735,000 $264,967 $4,757 4.18%
    Over 100% 18 $4,370,000 $242,778 $8,754 4.02%
    Under 20% 667 $52,355,000 $78,493 $302 5.80%

    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 $43,365
    Bremer Bank, National Association 10040 City Walk Drive Woodbury, MN 55129 Full Service B&M $98,427
    Bremer Bank, National Association 101 East Fourth Street Redwood Falls, MN 56283 Full Service B&M $79,088
    Bremer Bank, National Association 101 Minnesota Avenue North Aitkin, MN 56431 Full Service B&M $65,021
    Bremer Bank, National Association 104 West Maple Street Amery, WI 54001 Full Service B&M $164,525
    Bremer Bank, National Association 105 Third Street, S.W. Rugby, ND 58368 Full Service B&M $58,531
    Bremer Bank, National Association 108 Cedar Street, East Houston, MN 55943 Full Service B&M $36,285
    Bremer Bank, National Association 109 South Mantorvill Avenue Kasson, MN 55944 Full Service B&M $45,710
    Bremer Bank, National Association 109 Wisconsin Avenue North Frederic, WI 54837 Full Service B&M $55,250
    Bremer Bank, National Association 11 Langer Avenue N Casselton, ND 58012 Full Service B&M $64,389
    Bremer Bank, National Association 1100 St. Germain Street Saint Cloud, MN 56301 Full Service B&M $405,586
    Bremer Bank, National Association 113 E. Front Street Brandon, MN 56315 Full Service B&M $43,870
    Bremer Bank, National Association 113 Main Street N Fordville, ND 58231 Limited, Drive-thru $8,514
    Bremer Bank, National Association 115 East Holmes Street Detroit Lakes, MN 56501 Full Service B&M $234,080
    Bremer Bank, National Association 11800 Singletree Lane Eden Prairie, MN 55344 Full Service B&M $99,284
    Bremer Bank, National Association 119 East First Street Stewartville, MN 55976 Full Service B&M $51,358
    Bremer Bank, National Association 119 Towner Avenue Larimore, ND 58251 Full Service B&M $41,381
    Bremer Bank, National Association 128 B Street N Richardton, ND 58652 Full Service B&M $39,800
    Bremer Bank, National Association 129 South Broad Street Bayfield, WI 54814 Full Service B&M $48,701
    Bremer Bank, National Association 1290 Raintree Road Mankato, MN 56001 Full Service B&M $67,562
    Bremer Bank, National Association 140 Main Street Rollingstone, MN 55969 Full Service B&M $29,493
    Bremer Bank, National Association 1444 45th Street, Sw Fargo, ND 58103 Full Service B&M $260,416
    Bremer Bank, National Association 1500 North Broadway Menomonie, WI 54751 Full Service B&M $18,360
    Bremer Bank, National Association 1618 Commerce Street Wahpeton, ND 58075 Full Service B&M $51,167
    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 $172,110
    Bremer Bank, National Association 17600 Highway 7 Minnetonka, MN 55345 Full Service B&M $51,790
    Bremer Bank, National Association 1995 Rahncliff Court Eagan, MN 55122 Full Service B&M $134,074
    Bremer Bank, National Association 20 First Street, S.W. Minot, ND 58701 Full Service B&M $404,091
    Bremer Bank, National Association 201 North Broadway Crookston, MN 56716 Full Service B&M $216,502
    Bremer Bank, National Association 202 South Rum River Dr Princeton, MN 55371 Full Service B&M $138,104
    Bremer Bank, National Association 202 West Johnson Avenue Warren, MN 56762 Full Service B&M $80,264
    Bremer Bank, National Association 208 East College Drive Marshall, MN 56258 Full Service B&M $200,186
    Bremer Bank, National Association 2210 Highway 29 South Alexandria, MN 56308 Limited, Drive-thru $28,263
    Bremer Bank, National Association 225 Lafayette Street Winona, MN 55987 Full Service B&M $21,283
    Bremer Bank, National Association 225 North Fifth Street Breckenridge, MN 56520 Full Service B&M $70,050
    Bremer Bank, National Association 2330 College Way Fergus Falls, MN 56537 Full Service B&M $71,810
    Bremer Bank, National Association 2401 Lowry Avenue, Northeast St. Anthony, MN 55418 Full Service B&M $192,369
    Bremer Bank, National Association 24449 State Road 35 70 Siren, WI 54872 Full Service B&M $93,985
    Bremer Bank, National Association 2570 Midwest Drive Onalaska, WI 54650 Full Service B&M $76,439
    Bremer Bank, National Association 27 West Second Street Eyota, MN 55934 Full Service B&M $38,433
    Bremer Bank, National Association 301 Bremer Avenue Colfax, WI 54730 Full Service B&M $30,553
    Bremer Bank, National Association 301 Territorial St E Watertown, MN 55388 Full Service B&M $61,275
    Bremer Bank, National Association 31 West Bayfield Street Washburn, WI 54891 Full Service B&M $69,499
    Bremer Bank, National Association 3100 South Columbia Road Grand Forks, ND 58201 Full Service B&M $361,698
    Bremer Bank, National Association 3131 Frontage Road South Moorhead, MN 56560 Full Service B&M $38,695
    Bremer Bank, National Association 318 1st Avenue Sw Rochester, MN 55902 Full Service B&M $71,788
    Bremer Bank, National Association 321 South 7th Street Brainerd, MN 56401 Full Service B&M $161,348
    Bremer Bank, National Association 3415 Vicksburg Lane North Plymouth, MN 55447 Full Service B&M $73,727
    Bremer Bank, National Association 345 Fourth Avenue International Falls, MN 56649 Full Service B&M $90,314
    Bremer Bank, National Association 372 Saint Peter Street Saint Paul, MN 55102 Full Service B&M $1,477,050
    Bremer Bank, National Association 3947 Oakwood Hills Pkwy Eau Claire, WI 54701 Full Service B&M $30,359
    Bremer Bank, National Association 4150 2nd St South Saint Cloud, MN 56301 Full Service B&M $200,373
    Bremer Bank, National Association 424 5th Street Ne Devils Lake, ND 58301 Full Service B&M $95,142
    Bremer Bank, National Association 427 Snelling Ave Saint Paul, MN 55104 Limited, Drive-thru $50,145
    Bremer Bank, National Association 45 28th Street Se Rochester, MN 55904 Full Service B&M $132,242
    Bremer Bank, National Association 4600 White Bear Parkway White Bear Lake, MN 55110 Full Service B&M $50,960
    Bremer Bank, National Association 500 Willmar Avenue Se Willmar, MN 56201 Full Service B&M $334,598
    Bremer Bank, National Association 503 Broadway Street South, Ste 10 Menomonie, WI 54751 Full Service B&M $124,207
    Bremer Bank, National Association 5125 Highway 52 North Rochester, MN 55901 Full Service B&M $65,630
    Bremer Bank, National Association 520 1st Street Ne Sartell, MN 56377 Limited, Drive-thru $7,480
    Bremer Bank, National Association 532 S Knowles Ave New Richmond, WI 54017 Full Service B&M $92,218
    Bremer Bank, National Association 5540 Brooklyn Boulevard Brooklyn Center, MN 55429 Full Service B&M $32,747
    Bremer Bank, National Association 5990 Nova Scotia Avenue North Stillwater, MN 55082 Full Service B&M $27,900
    Bremer Bank, National Association 622 Main Street Lisbon, ND 58054 Full Service B&M $85,044
    Bremer Bank, National Association 633 Concord St S South Saint Paul, MN 55075 Full Service B&M $473,517
    Bremer Bank, National Association 6800 Cahill Avenue Inver Grove Heights, MN 55076 Full Service B&M $82,549
    Bremer Bank, National Association 6900 France Avenue South Edina, MN 55435 Full Service B&M $135,198
    Bremer Bank, National Association 701 Atlantic Avenue Morris, MN 56267 Full Service B&M $137,354
    Bremer Bank, National Association 710 South Washington Bismarck, ND 58504 Full Service B&M $41,328
    Bremer Bank, National Association 720 Broadway Alexandria, MN 56308 Full Service B&M $236,861
    Bremer Bank, National Association 730 West Bridge Street Owatonna, MN 55060 Full Service B&M $43,396
    Bremer Bank, National Association 748 Whitewater Avenue St. Charles, MN 55972 Full Service B&M $41,226
    Bremer Bank, National Association 7558 Design Road Baxter, MN 56425 Full Service B&M $89,333
    Bremer Bank, National Association 80 South 8th Street Suite 240 Minneapolis, MN 55402 Full Service B&M $1,097,734
    Bremer Bank, National Association 801 Market Street Perham, MN 56573 Full Service B&M $52,825
    Bremer Bank, National Association 805 North Main Street Austin, MN 55912 Full Service B&M $39,102
    Bremer Bank, National Association 807 Main Street Carrington, ND 58421 Full Service B&M $96,872
    Bremer Bank, National Association 8800 Highway 7 St. Louis Park, MN 55426 Full Service B&M $176,004
    Bremer Bank, National Association 910 Hill Avenue Grafton, ND 58237 Full Service B&M $90,190
    Bremer Bank, National Association 921 North Washington Grand Forks, ND 58201 Full Service B&M $2,468
    Bremer Bank, National Association 925 31st Avenue Sw Minot, ND 58701 Limited, Drive-thru $19,309

    For 2019, Bremer Bank had 82 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $506,358
    Net interest income $398,119
    Total noninterest income $112,705
    Gross Fiduciary activities income $22,212
    Service charges on deposit accounts $18,040
    Trading account gains and fees $7,107
    Additional Noninterest Income $65,346
    Pre-tax net operating income $203,912
    Securities gains (or losses, -) $128
    Income before extraordinary items $163,579
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $163,579
    Minority interest net income $0
    Net income $163,579
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $163,476

    Bremer Bank's gross interest income from loans was $506,358,000.
    Bremer Bank's net interest income from loans was $398,119,000.
    Bremer Bank's fee based income from loans was $18,040,000.
    Bremer Bank's net income from loans was $163,579,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $108,239
    Provision for credit losses $5,650
    Total noninterest expense $301,262
    Salaries and employee benefits $193,786
    Premises and equipment expense $41,154
    Additional noninterest expense $66,322
    Applicable income taxes $40,461
    Net charge-offs $4,174
    Cash dividends $80,000

    Bremer Bank's interest expense for loans was $108,239,000.
    Bremer Bank's payroll and benefits expense were $193,786,000.
    Bremer Bank's property, plant and equipment expenses $41,154,000.

    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 $11,126,546
    Deposits held in domestic offices $11,126,546
    Deposits by Individuals, partnerships, and corporations $9,016,701
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $2,035,728
    Deposits by Commercial banks and other depository institutions in U.S. $74,115
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,416,988
    Demand deposits $1,198,628
    Nontransaction accounts $9,709,558
    Money market deposit accounts (MMDAs) $4,856,399
    Other savings deposits (excluding MMDAs) $3,490,351
    Total time deposits $1,362,808
    Total time and savings deposits $9,927,918
    Noninterest-bearing deposits $3,218,655
    Interest-bearing deposits $7,907,891
    Retail deposits $9,728,258
    IRAs and Keogh plan accounts $351,211
    Brokered deposits $1,047,001
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $13,105,582
    Cash & Balances due from depository institutions $226,499
    Interest-bearing balances $75,915
    Total securities $3,269,142
    Federal funds sold & reverse repurchase $88
    Net loans and leases $8,868,887
    Loan and leases loss allowance $110,232
    Trading account assets $80,585
    Bank premises and fixed assets $103,805
    Other real estate owned $1,141
    Goodwill and other intangibles $123,941
    All other assets $431,494

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $13,105,582
    Total Liabilities $11,817,987
    Total deposits $11,126,546
    Interest-bearing deposits $7,907,891
    Deposits held in domestic offices $11,126,546
    % insured (estimated) $59
    Federal funds purchased and repurchase agreements $157,854
    Trading liabilities $49,938
    Other borrowed funds $380,654
    Subordinated debt $0
    All other liabilities $102,995

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $8,868,887
    Loan and leases loss allowance $110,232
    Total loans and leases (domestic) $8,979,119
    All real estate loans $6,141,244
    Real estate loans in domestic offices $6,141,244
    Construction and development loans $451,903
    Residential 1-4 family construction $70,111
    Other construction, all land development and other land $381,792
    Loans secured by nonfarm nonresidential properties $3,038,924
    Nonfarm nonresidential secured by owner-occupied properties $1,192,412
    Commercial real estate & other non-farm, non-residential $1,846,512
    Multifamily residential real estate $802,411
    1-4 family residential loans $1,181,534
    Farmland loans $666,472
    Loans held in foreign offices $0
    Farm loans $597,331
    Commercial and industrial loans $1,271,845
    To non-U.S. addressees $0
    Loans to individuals $160,165
    Credit card loans $0
    Related Plans $54,756
    Consumer Auto Loans $29,952
    Other loans to individuals $75,457
    All other loans & leases $808,584
    Loans to foreign governments and official institutions $0
    Other loans $1,581
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $404
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $26,043
    Non 1-4 family restructured loans & leases $11,855
    Total loans and leases (foreign) $0

    Bremer Bank had $8,868,887,000 of loans outstanding in 2019. $6,141,244,000 of loans were in real estate loans. $451,903,000 of loans were in development loans. $802,411,000 of loans were in multifamily mortgage loans. $1,181,534,000 of loans were in 1-4 family mortgage loans. $597,331,000 of loans were in farm loans. $0 of loans were in credit card loans. $29,952,000 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 2,369 $519,157 $219,146
    Nonfarm, nonresidential loans - <$100k 582 $27,800 $47,766
    Nonfarm, nonresidential loans - $100-250k 784 $96,456 $123,031
    Nonfarm, nonresidential loans - $250k-1MM 1,003 $394,901 $393,720
    Commercial & Industrial, US addressed loans - <$1MM 6,209 $419,020 $67,486
    Commercial & Industrial, US addressed loans - <$100k 3,744 $74,141 $19,803
    Commercial & Industrial, US addressed loans - $100-250k 1,352 $108,544 $80,284
    Commercial & Industrial, US addressed loans - $250k-1MM 1,113 $236,335 $212,341
    Farmland loans - <$1MM 1,927 $286,902 $148,885
    Farmland loans - <$100k 506 $19,397 $38,334
    Farmland loans - $100-250k 812 $98,800 $121,675
    Farmland loans - $250k-1MM 609 $168,705 $277,020
    Agriculture operations loans - <$1MM 4,072 $268,176 $65,859
    Agriculture operations loans - <$100k 2,620 $55,675 $21,250
    Agriculture operations loans - $100-250k 927 $93,131 $100,465
    Agriculture operations loans - $250k-1MM 525 $119,370 $227,371