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

Review & Overview

Bremer Bank is a small bank specializing in Refi and 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, St. Cloud, Fargo, and Grand Forks among others. We have data for 80 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%	4/18/24
30 Year Conventional Purchase	6.38%	4/18/24
30 Year Conventional Refi	6.03%	4/18/24
30 Year Cash-out Refi	6.42%	4/18/24
30 Year FHA Purchase	7.28%	4/18/24
30 Year FHA Refi	7.46%	4/18/24
30 Year VA Purchase	6.01%	4/18/24
30 Year VA Refi	6.27%	4/18/24
30 Year USDA Purchase	6.73%	4/18/24
15 Year Conventional Purchase	5.62%	4/18/24
15 Year Conventional Refi	5.71%	4/18/24
15 Year Cash-out Refi	5.71%	4/18/24
15 Year FHA Refi	5.68%	4/18/24
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

Purchase Price:

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% Deposit:

Interest Rate:

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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

8,460

Origination Dollar Volume (All Markets)

$2,111,370,000

Employee count

1,588

Awards

Bremer Bank 30 Year Conventional Loans silver

Bremer Bank 30 Year Conventional Loans gold

Bremer Bank 30 Year Conventional Loans bronze

Show all (9) 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)	2,173	$676,435,000	$311,291	$4,583	3.37%
Outside of Metro Areas	1,468	$253,880,000	$172,943	$3,839	3.39%
ROCHESTER, MN (FHA\|USDA\|VA)	657	$174,215,000	$265,167	$4,335	3.23%
ST. CLOUD, MN (FHA\|USDA\|VA)	583	$130,655,000	$224,108	$4,287	3.34%
FARGO, ND-MN (FHA\|USDA\|VA)	370	$105,620,000	$285,459	$4,104	3.29%
GRAND FORKS, ND-MN (FHA\|USDA\|VA)	364	$72,820,000	$200,055	$4,422	3.28%
Alexandria, MN (FHA\|USDA\|VA)	355	$68,305,000	$192,408	$4,734	3.54%
Fergus Falls, MN (FHA\|USDA\|VA)	300	$67,990,000	$226,633	$4,774	3.34%
Brainerd, MN (FHA\|USDA\|VA)	248	$62,130,000	$250,524	$4,945	3.26%
Willmar, MN (FHA\|USDA\|VA)	263	$55,375,000	$210,551	$3,372	3.33%
EAU CLAIRE, WI (FHA\|USDA\|VA)	143	$54,025,000	$377,797	$2,118	3.38%
MANKATO, MN (FHA\|USDA\|VA)	166	$45,890,000	$276,446	$4,799	3.25%
BISMARCK, ND (FHA\|USDA\|VA)	100	$31,890,000	$318,900	$4,781	3.19%
Marshall, MN (FHA\|USDA\|VA)	184	$28,400,000	$154,348	$3,582	3.34%
Wahpeton, ND-MN (FHA\|USDA\|VA)	160	$27,060,000	$169,125	$4,038	3.44%
Minot, ND (FHA\|USDA\|VA)	75	$25,995,000	$346,600	$4,684	3.16%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	1	$23,005,000	$23,005,000	$0	3.25%
Menomonie, WI (FHA\|USDA\|VA)	99	$22,975,000	$232,071	$2,400	3.62%
LA CROSSE-ONALASKA, WI-MN (FHA\|USDA\|VA)	107	$21,765,000	$203,411	$2,747	3.26%
Owatonna, MN (FHA\|USDA\|VA)	96	$18,660,000	$194,375	$4,659	3.22%
MADISON, WI (FHA\|USDA\|VA)	7	$18,045,000	$2,577,857	$2,493	3.31%
Winona, MN (FHA\|USDA\|VA)	113	$17,705,000	$156,681	$3,234	3.51%
DULUTH, MN-WI (FHA\|USDA\|VA)	59	$16,555,000	$280,593	$4,498	3.45%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	32	$11,850,000	$370,313	$6,017	2.97%
Austin, MN (FHA\|USDA\|VA)	67	$10,375,000	$154,851	$3,833	3.26%
Stevens Point, WI (FHA\|USDA\|VA)	29	$5,735,000	$197,759	$3,009	3.14%
Faribault-Northfield, MN (FHA\|USDA\|VA)	22	$5,400,000	$245,455	$4,350	3.10%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	5	$4,935,000	$987,000	$9,806	3.23%
Red Wing, MN (FHA\|USDA\|VA)	23	$4,425,000	$192,391	$4,002	3.41%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	13	$4,275,000	$328,846	$7,642	2.96%
Bemidji, MN (FHA\|USDA\|VA)	19	$4,195,000	$220,789	$5,196	3.43%
Albert Lea, MN (FHA\|USDA\|VA)	20	$3,500,000	$175,000	$3,328	3.38%
Hutchinson, MN (FHA\|USDA\|VA)	16	$3,280,000	$205,000	$4,183	3.35%
Dickinson, ND (FHA\|USDA\|VA)	8	$2,390,000	$298,750	$5,568	2.90%
Jamestown, ND (FHA\|USDA\|VA)	10	$2,280,000	$228,000	$5,534	3.27%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	6	$2,160,000	$360,000	$5,607	3.50%
OCALA, FL (FHA\|USDA\|VA)	2	$1,800,000	$900,000	$14,411	4.69%
WAUSAU-WESTON, WI (FHA\|USDA\|VA)	7	$1,705,000	$243,571	$2,420	3.32%
Grand Rapids, MN (FHA\|USDA\|VA)	7	$1,515,000	$216,429	$3,465	3.40%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	6	$1,400,000	$233,333	$5,531	3.34%
Yankton, SD (FHA\|USDA\|VA)	1	$1,385,000	$1,385,000	$0	3.32%
TUCSON, AZ (FHA\|USDA\|VA)	6	$1,330,000	$221,667	$4,682	3.19%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	6	$1,290,000	$215,000	$5,212	3.44%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	3	$1,135,000	$378,333	$2,509	3.46%
New Ulm, MN (FHA\|USDA\|VA)	8	$1,120,000	$140,000	$3,861	3.33%
Mitchell, SD (FHA\|USDA\|VA)	1	$1,065,000	$1,065,000	$0	3.32%
JACKSONVILLE, FL (FHA\|USDA\|VA)	2	$1,000,000	$500,000	$7,130	2.94%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	3	$955,000	$318,333	$3,434	3.04%
SIOUX FALLS, SD (FHA\|USDA\|VA)	4	$890,000	$222,500	$3,317	3.36%
GREELEY, CO (FHA\|USDA\|VA)	1	$765,000	$765,000	$3,542	3.38%
Bozeman, MT (FHA\|USDA\|VA)	2	$730,000	$365,000	$6,023	2.56%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	3	$705,000	$235,000	$1,692	2.96%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	2	$670,000	$335,000	$5,789	3.06%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	2	$620,000	$310,000	$5,307	2.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	1	$615,000	$615,000	$13,319	3.25%
Williston, ND (FHA\|USDA\|VA)	2	$610,000	$305,000	$5,664	3.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	2	$560,000	$280,000	$6,641	4.13%
GRAND JUNCTION, CO (FHA\|USDA\|VA)	1	$385,000	$385,000	$6,117	2.75%
Watertown, SD (FHA\|USDA\|VA)	2	$380,000	$190,000	$4,040	3.00%
DES MOINES-WEST DES MOINES, IA (FHA\|USDA\|VA)	2	$370,000	$185,000	$3,516	3.19%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	1	$365,000	$365,000	$4,504	3.63%
THE VILLAGES, FL (FHA\|USDA\|VA)	1	$365,000	$365,000	$4,333	3.25%
Spirit Lake, IA (FHA\|USDA\|VA)	1	$335,000	$335,000	$4,049	2.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	1	$315,000	$315,000	$1,777	2.50%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	2	$290,000	$145,000	$4,632	2.56%
Fairmont, MN (FHA\|USDA\|VA)	1	$275,000	$275,000	$4,911	2.50%
APPLETON, WI (FHA\|USDA\|VA)	1	$265,000	$265,000	$4,162	2.88%
OSHKOSH-NEENAH, WI (FHA\|USDA\|VA)	2	$250,000	$125,000	$3,028	3.78%
GREEN BAY, WI (FHA\|USDA\|VA)	1	$215,000	$215,000	$2,455	3.75%
Beaver Dam, WI (FHA\|USDA\|VA)	1	$205,000	$205,000	$2,032	2.88%
Worthington, MN (FHA\|USDA\|VA)	2	$180,000	$90,000	$3,600	4.03%
Wisconsin Rapids-Marshfield, WI (FHA\|USDA\|VA)	1	$175,000	$175,000	$1,756	2.75%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,480	3.25%
Baraboo, WI (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,958	3.25%
Mason City, IA (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,743	3.00%
RACINE, WI (FHA\|USDA\|VA)	1	$135,000	$135,000	$1,694	2.75%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	1	$115,000	$115,000	$2,908	3.13%
PUNTA GORDA, FL (FHA\|USDA\|VA)	1	$105,000	$105,000	$2,102	3.25%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	1	$85,000	$85,000	$2,808	3.25%
YUMA, AZ (FHA\|USDA\|VA)	1	$65,000	$65,000	$4,677	3.38%

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

Their top states include:

Minnesota (FHA|USDA|VA)

North Dakota (FHA|USDA|VA)

Wisconsin (FHA|USDA|VA)

Missouri (FHA|USDA|VA)

Florida (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.

Peoples State Bank
Similarity Rank: 96

Western National Bank
Similarity Rank: 120

Firefighters Credit Union
Similarity Rank: 145

NORTHWOODS
Similarity Rank: 156

Citizens State Bank
Similarity Rank: 168

SUPERIOR CHOICE
Similarity Rank: 198

VERVE, A CREDIT UNION
Similarity Rank: 375

The Miners National Bank of Eveleth
Similarity Rank: 400

Dacotah Bank
Similarity Rank: 429

T & C REAL ESTATE SERVICES LLC
Similarity Rank: 455

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	6,924	$1,950,940,000	$281,765	$4,151	3.12%
HELOC	1,227	$102,485,000	$83,525	n/a	4.67%
FHA	138	$26,220,000	$190,000	$7,343	3.33%
USDA	86	$12,820,000	$149,070	$5,339	2.87%
VA	85	$18,905,000	$222,412	$4,421	3.21%

For 2020, Bremer Bank's most frequently originated type of loan was Conventional, with 6,924 originations. Their 2nd most popular type was HELOC, with 1,227 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	3,635	$1,020,405,000	$280,717	$3,868	3.16%
Home Purchase	2,260	$666,660,000	$294,982	$4,950	3.23%
Cash Out Refi	1,605	$352,415,000	$219,573	$4,242	3.09%
Other	777	$60,655,000	$78,063	$213	4.72%
Home Improvement	183	$11,235,000	$61,393	$200	4.81%

For 2020, Bremer Bank's most frequently cited loan purpose was Refi, with 3,635 originations. The 2nd most popular reason was Home Purchase, with 2,260 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	5,444	$1,245,410,000	$228,767	$4,675	3.54%
15 Year	1,717	$367,375,000	$213,963	$3,882	2.73%
20 Year	684	$161,800,000	$236,550	$3,778	3.06%
10 Year	362	$123,800,000	$341,989	$1,860	3.46%
5 Year	134	$26,950,000	$201,119	$0	4.19%
Other	111	$144,455,000	$1,301,396	$2,597	3.71%
3 Year	5	$40,765,000	$8,153,000	$0	3.74%
1 Year	3	$815,000	$271,667	$0	3.92%

For 2020, Bremer Bank's most frequently cited loan duration was 30 Year, with 5,444 originations. The 2nd most popular length was 15 Year, with 1,717 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$2k-3k	2,088	$412,790,000	$197,696
$<1k	1,543	$368,325,000	$238,707
$1k-2k	1,305	$213,335,000	$163,475
$3k-4k	1,123	$311,505,000	$277,386
$4k-5k	432	$159,720,000	$369,722
$5k+	357	$215,685,000	$604,160

Bremer Bank's average total fees were $4,675, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 2,088 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	3,203	$1,026,345,000	$320,432
2.5-3%	2,899	$735,065,000	$253,558
4-5%	1,131	$110,535,000	$97,732
<2.5%	934	$222,020,000	$237,709
5-6%	232	$14,720,000	$63,448
6-7%	47	$2,245,000	$47,766
7-8%	14	$440,000	$31,429

During 2020, Bremer Bank's average interest rate for loans was 3.54%, while their most frequently originated rate bucket for loans was 3-4%, with 3,203 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	3,066	$831,560,000	$271,220	$4,609	3.10%
$100k-200k	2,900	$438,000,000	$151,034	$3,572	3.20%
$100,000 or less	1,651	$89,185,000	$54,019	$2,062	4.13%
$400k-600k	571	$268,015,000	$469,378	$5,823	3.11%
$600k-1MM	175	$132,425,000	$756,714	$8,186	3.43%
$1MM+	97	$352,185,000	$3,630,773	$13,219	3.31%

2020 saw Bremer Bank place emphasis on $200k-400k loans with 3,066 originations, totaling $831,560,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	1,742	$374,580,000	$215,029	$4,302	3.38%
$50k-75k	1,652	$266,660,000	$161,416	$3,813	3.31%
$75k-100k	1,436	$266,160,000	$185,348	$4,067	3.34%
$150k-250k	1,159	$330,165,000	$284,871	$4,896	3.34%
$50k or less	1,062	$132,530,000	$124,793	$3,545	3.35%
$250k+	808	$353,590,000	$437,611	$6,431	3.33%

Bremer Bank lent most frequently to those with incomes in the $100k-150k range, with 1,742 originations. The second most popular income band? $50k-75k, with 1,652 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	2,383	$519,915,000	$218,177	$4,031	3.28%
30-36%	1,578	$341,770,000	$216,584	$4,239	3.36%
<20%	1,193	$275,945,000	$231,303	$4,156	3.28%
44%	333	$67,635,000	$203,108	$4,633	3.58%
40%	287	$66,765,000	$232,631	$4,449	3.37%
38%	283	$59,615,000	$210,654	$4,060	3.33%
36%	282	$62,640,000	$222,128	$4,465	3.30%
39%	262	$54,700,000	$208,779	$4,435	3.37%
43%	254	$54,280,000	$213,701	$4,222	3.44%
37%	234	$53,220,000	$227,436	$4,358	3.38%
41%	234	$52,460,000	$224,188	$4,431	3.36%
42%	233	$51,525,000	$221,137	$4,199	3.34%
45%	137	$31,905,000	$232,883	$4,286	3.16%
49%	108	$23,560,000	$218,148	$4,618	3.09%
47%	108	$23,620,000	$218,704	$4,566	3.11%
46%	97	$21,295,000	$219,536	$4,538	3.09%
48%	95	$21,295,000	$224,158	$4,861	3.11%
>60%	35	$10,395,000	$297,000	$4,988	3.71%
50-60%	31	$7,165,000	$231,129	$6,448	4.02%

Bremer Bank lent most frequently to those with DTI ratios of 20-30%, with 2,383 originations. The next most common DTI ratio? 30-36%, with 1,578 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	6,557	$1,509,675,000	$230,239	$4,237	3.18%
Not applicable	188	$299,420,000	$1,592,660	$0	3.78%
Not provided	1,532	$258,050,000	$168,440	$4,060	4.03%
Asian	91	$22,625,000	$248,626	$4,680	3.23%
Black	50	$13,330,000	$266,600	$5,339	3.28%
American Indian	30	$5,270,000	$175,667	$4,632	3.19%
Asian Indian	4	$1,920,000	$480,000	$4,244	3.06%
Vietnamese	1	$325,000	$325,000	$8,438	3.88%
Native Hawaiian or Islander	2	$270,000	$135,000	$3,752	2.88%
Other Asian	2	$250,000	$125,000	$5,080	3.25%
Chinese	2	$210,000	$105,000	$3,578	3.65%
Korean	1	$25,000	$25,000	$0	5.29%

Approval Rates

Total approvals of all applications
95.41%

Bremer Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
80.95%

Bremer Bank has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
0.0	3	$65,000	$21,667
13.0	3	$85,000	$28,333
35.35	1	$55,000	$55,000
36.35	1	$25,000	$25,000
4.0	1	$55,000	$55,000
46.7	2	$60,000	$30,000
NA	8,449	$2,111,025,000	$249,855

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	71	$278,875,000	$3,927,817
Single Family (1-4 Units):Manufactured	78	$8,720,000	$111,795
Single Family (1-4 Units):Site-Built	8,311	$1,823,775,000	$219,441

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	739	$108,835,000	$147,273	$2,964	3.93%
40-60%	1,252	$266,450,000	$212,819	$3,675	3.06%
60-80%	3,296	$1,085,290,000	$329,275	$4,348	3.13%
80-100%	2,368	$610,760,000	$257,922	$4,812	3.23%
Over 100%	15	$3,555,000	$237,000	$6,155	3.30%
Under 20%	790	$36,480,000	$46,177	$550	4.53%

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	$51,709
Bremer Bank, National Association	10040 City Walk Drive Woodbury, MN 55129	Full Service B&M	$109,121
Bremer Bank, National Association	101 East Fourth Street Redwood Falls, MN 56283	Full Service B&M	$107,846
Bremer Bank, National Association	101 Minnesota Avenue North Aitkin, MN 56431	Full Service B&M	$75,501
Bremer Bank, National Association	104 West Maple Street Amery, WI 54001	Full Service B&M	$183,559
Bremer Bank, National Association	105 Third Street, S.W. Rugby, ND 58368	Full Service B&M	$68,516
Bremer Bank, National Association	108 Cedar Street, East Houston, MN 55943	Full Service B&M	$42,077
Bremer Bank, National Association	109 South Mantorvill Avenue Kasson, MN 55944	Full Service B&M	$52,826
Bremer Bank, National Association	11 Langer Avenue N Casselton, ND 58012	Full Service B&M	$59,974
Bremer Bank, National Association	1100 St. Germain Street Saint Cloud, MN 56301	Full Service B&M	$505,486
Bremer Bank, National Association	113 E. Front Street Brandon, MN 56315	Full Service B&M	$43,825
Bremer Bank, National Association	113 Main Street N Fordville, ND 58231	Limited, Drive-thru	$7,834
Bremer Bank, National Association	115 East Holmes Street Detroit Lakes, MN 56501	Full Service B&M	$351,356
Bremer Bank, National Association	11800 Singletree Lane Eden Prairie, MN 55344	Full Service B&M	$105,525
Bremer Bank, National Association	119 East First Street Stewartville, MN 55976	Full Service B&M	$56,795
Bremer Bank, National Association	119 Towner Avenue Larimore, ND 58251	Full Service B&M	$42,472
Bremer Bank, National Association	128 B Street N Richardton, ND 58652	Full Service B&M	$34,908
Bremer Bank, National Association	129 South Broad Street Bayfield, WI 54814	Full Service B&M	$59,761
Bremer Bank, National Association	1290 Raintree Road Mankato, MN 56001	Full Service B&M	$92,399
Bremer Bank, National Association	1444 45th Street, Sw Fargo, ND 58103	Full Service B&M	$268,627
Bremer Bank, National Association	1500 North Broadway Menomonie, WI 54751	Full Service B&M	$16,852
Bremer Bank, National Association	1600 University Ave W Ste 2 Saint Paul, MN 55104	Limited, Drive-thru	$61,646
Bremer Bank, National Association	1618 Commerce Street Wahpeton, ND 58075	Full Service B&M	$63,820
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	$171,009
Bremer Bank, National Association	17600 Highway 7 Minnetonka, MN 55345	Full Service B&M	$63,324
Bremer Bank, National Association	1995 Rahncliff Court Eagan, MN 55122	Full Service B&M	$167,941
Bremer Bank, National Association	20 First Street, S.W. Minot, ND 58701	Full Service B&M	$443,407
Bremer Bank, National Association	201 North Broadway Crookston, MN 56716	Full Service B&M	$252,173
Bremer Bank, National Association	202 South Rum River Dr Princeton, MN 55371	Full Service B&M	$184,746
Bremer Bank, National Association	202 West Johnson Avenue Warren, MN 56762	Full Service B&M	$100,408
Bremer Bank, National Association	208 East College Drive Marshall, MN 56258	Full Service B&M	$245,003
Bremer Bank, National Association	2210 Highway 29 South Alexandria, MN 56308	Limited, Drive-thru	$28,126
Bremer Bank, National Association	225 Lafayette Street Winona, MN 55987	Full Service B&M	$29,880
Bremer Bank, National Association	225 North Fifth Street Breckenridge, MN 56520	Full Service B&M	$79,177
Bremer Bank, National Association	2330 College Way Fergus Falls, MN 56537	Full Service B&M	$104,203
Bremer Bank, National Association	2401 Lowry Avenue, Northeast St. Anthony, MN 55418	Full Service B&M	$292,041
Bremer Bank, National Association	24449 State Road 35 70 Siren, WI 54872	Full Service B&M	$186,123
Bremer Bank, National Association	2570 Midwest Drive Onalaska, WI 54650	Full Service B&M	$146,595
Bremer Bank, National Association	27 West Second Street Eyota, MN 55934	Full Service B&M	$43,417
Bremer Bank, National Association	301 Territorial St E Watertown, MN 55388	Full Service B&M	$99,160
Bremer Bank, National Association	31 West Bayfield Street Washburn, WI 54891	Full Service B&M	$83,288
Bremer Bank, National Association	3100 South Columbia Road Grand Forks, ND 58201	Full Service B&M	$466,089
Bremer Bank, National Association	3131 Frontage Road South Moorhead, MN 56560	Full Service B&M	$53,820
Bremer Bank, National Association	318 1st Avenue Sw Rochester, MN 55902	Full Service B&M	$85,967
Bremer Bank, National Association	321 South 7th Street Brainerd, MN 56401	Full Service B&M	$199,859
Bremer Bank, National Association	3415 Vicksburg Lane North Plymouth, MN 55447	Full Service B&M	$96,865
Bremer Bank, National Association	345 Fourth Avenue International Falls, MN 56649	Full Service B&M	$103,879
Bremer Bank, National Association	372 Saint Peter Street Saint Paul, MN 55102	Full Service B&M	$1,732,723
Bremer Bank, National Association	3947 Oakwood Hills Pkwy Eau Claire, WI 54701	Full Service B&M	$65,504
Bremer Bank, National Association	4150 2nd St South Saint Cloud, MN 56301	Full Service B&M	$263,416
Bremer Bank, National Association	424 5th Street Ne Devils Lake, ND 58301	Full Service B&M	$111,920
Bremer Bank, National Association	45 28th Street Se Rochester, MN 55904	Full Service B&M	$159,588
Bremer Bank, National Association	4600 White Bear Parkway White Bear Lake, MN 55110	Full Service B&M	$61,992
Bremer Bank, National Association	500 Willmar Avenue Se Willmar, MN 56201	Full Service B&M	$391,753
Bremer Bank, National Association	503 Broadway Street South, Ste 10 Menomonie, WI 54751	Full Service B&M	$144,241
Bremer Bank, National Association	5125 Highway 52 North Rochester, MN 55901	Full Service B&M	$78,747
Bremer Bank, National Association	520 1st Street Ne Sartell, MN 56377	Limited, Drive-thru	$7,767
Bremer Bank, National Association	532 S Knowles Ave New Richmond, WI 54017	Full Service B&M	$143,860
Bremer Bank, National Association	5540 Brooklyn Boulevard Brooklyn Center, MN 55429	Full Service B&M	$37,655
Bremer Bank, National Association	5990 Nova Scotia Avenue North Stillwater, MN 55082	Full Service B&M	$37,889
Bremer Bank, National Association	622 Main Street Lisbon, ND 58054	Full Service B&M	$93,410
Bremer Bank, National Association	633 Concord St S South Saint Paul, MN 55075	Full Service B&M	$478,180
Bremer Bank, National Association	6800 Cahill Avenue Inver Grove Heights, MN 55076	Full Service B&M	$102,473
Bremer Bank, National Association	6900 France Avenue South Edina, MN 55435	Full Service B&M	$149,390
Bremer Bank, National Association	701 Atlantic Avenue Morris, MN 56267	Full Service B&M	$173,062
Bremer Bank, National Association	710 South Washington Bismarck, ND 58504	Full Service B&M	$66,708
Bremer Bank, National Association	720 Broadway Alexandria, MN 56308	Full Service B&M	$282,954
Bremer Bank, National Association	730 West Bridge Street Owatonna, MN 55060	Full Service B&M	$50,407
Bremer Bank, National Association	748 Whitewater Avenue St. Charles, MN 55972	Full Service B&M	$95,993
Bremer Bank, National Association	7558 Design Road Baxter, MN 56425	Full Service B&M	$104,880
Bremer Bank, National Association	80 South 8th Street Suite 240 Minneapolis, MN 55402	Full Service B&M	$1,492,159
Bremer Bank, National Association	801 Market Street Perham, MN 56573	Full Service B&M	$76,784
Bremer Bank, National Association	805 North Main Street Austin, MN 55912	Full Service B&M	$43,017
Bremer Bank, National Association	807 Main Street Carrington, ND 58421	Full Service B&M	$108,150
Bremer Bank, National Association	8800 Highway 7 St. Louis Park, MN 55426	Full Service B&M	$213,730
Bremer Bank, National Association	910 Hill Avenue Grafton, ND 58237	Full Service B&M	$103,819
Bremer Bank, National Association	921 North Washington Grand Forks, ND 58201	Full Service B&M	$2,864
Bremer Bank, National Association	925 31st Avenue Sw Minot, ND 58701	Limited, Drive-thru	$21,975

For 2020, Bremer Bank had 79 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$490,261
Net interest income	$438,718
Total noninterest income	$134,611
Gross Fiduciary activities income	$21,072
Service charges on deposit accounts	$15,183
Trading account gains and fees	$8,663
Additional Noninterest Income	$89,693
Pre-tax net operating income	$210,344
Securities gains (or losses, -)	$364
Income before extraordinary items	$169,818
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$169,818
Minority interest net income	$0
Net income	$169,818
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$169,523

Bremer Bank's gross interest income from loans was $490,261,000.
Bremer Bank's net interest income from loans was $438,718,000.
Bremer Bank's fee based income from loans was $15,183,000.
Bremer Bank's net income from loans was $169,818,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$51,543
Provision for credit losses	$27,323
Total noninterest expense	$335,662
Salaries and employee benefits	$226,052
Premises and equipment expense	$43,952
Additional noninterest expense	$65,658
Applicable income taxes	$40,890
Net charge-offs	$7,770
Cash dividends	$88,000

Bremer Bank's interest expense for loans was $51,543,000.
Bremer Bank's payroll and benefits expense were $226,052,000.
Bremer Bank's property, plant and equipment expenses $43,952,000.

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	$13,903,648
Deposits held in domestic offices	$13,903,648
Deposits by Individuals, partnerships, and corporations	$11,390,267
Deposits by U.S. Government	$1
Deposits by States and political subdivisions in the U.S.	$2,483,543
Deposits by Commercial banks and other depository institutions in U.S.	$29,837
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$2,054,934
Demand deposits	$1,774,159
Nontransaction accounts	$11,848,714
Money market deposit accounts (MMDAs)	$5,944,558
Other savings deposits (excluding MMDAs)	$4,749,120
Total time deposits	$1,155,036
Total time and savings deposits	$12,129,489
Noninterest-bearing deposits	$4,534,802
Interest-bearing deposits	$9,368,846
Retail deposits	$12,277,767
IRAs and Keogh plan accounts	$316,218
Brokered deposits	$1,208,697
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$15,743,847
Cash & Balances due from depository institutions	$950,050
Interest-bearing balances	$764,636
Total securities	$3,278,713
Federal funds sold & reverse repurchase	$2,504
Net loans and leases	$10,641,224
Loan and leases loss allowance	$129,785
Trading account assets	$139,589
Bank premises and fixed assets	$104,017
Other real estate owned	$1,785
Goodwill and other intangibles	$120,339
All other assets	$505,626

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$15,743,847
Total Liabilities	$14,344,820
Total deposits	$13,903,648
Interest-bearing deposits	$9,368,846
Deposits held in domestic offices	$13,903,648
% insured (estimated)	$55
Federal funds purchased and repurchase agreements	$124,809
Trading liabilities	$41,318
Other borrowed funds	$147,350
Subordinated debt	$0
All other liabilities	$127,695

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$10,641,224
Loan and leases loss allowance	$129,785
Total loans and leases (domestic)	$10,771,009
All real estate loans	$6,911,176
Real estate loans in domestic offices	$6,911,176
Construction and development loans	$722,823
Residential 1-4 family construction	$51,145
Other construction, all land development and other land	$671,678
Loans secured by nonfarm nonresidential properties	$3,189,833
Nonfarm nonresidential secured by owner-occupied properties	$1,279,607
Commercial real estate & other non-farm, non-residential	$1,910,226
Multifamily residential real estate	$888,143
1-4 family residential loans	$1,448,719
Farmland loans	$661,658
Loans held in foreign offices	$0
Farm loans	$536,386
Commercial and industrial loans	$2,352,729
To non-U.S. addressees	$0
Loans to individuals	$133,426
Credit card loans	$0
Related Plans	$46,968
Consumer Auto Loans	$26,033
Other loans to individuals	$60,425
All other loans & leases	$837,341
Loans to foreign governments and official institutions	$0
Other loans	$1,498
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$257
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$11,949
Non 1-4 family restructured loans & leases	$2,123
Total loans and leases (foreign)	$0

Bremer Bank had $10,641,224,000 of loans outstanding in 2020. $6,911,176,000 of loans were in real estate loans. $722,823,000 of loans were in development loans. $888,143,000 of loans were in multifamily mortgage loans. $1,448,719,000 of loans were in 1-4 family mortgage loans. $536,386,000 of loans were in farm loans. $0 of loans were in credit card loans. $26,033,000 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	2,076	$477,724	$230,118
Nonfarm, nonresidential loans - <$100k	443	$24,880	$56,163
Nonfarm, nonresidential loans - $100-250k	679	$81,974	$120,728
Nonfarm, nonresidential loans - $250k-1MM	954	$370,870	$388,753
Commercial & Industrial, US addressed loans - <$1MM	5,908	$353,679	$59,864
Commercial & Industrial, US addressed loans - <$100k	3,618	$57,690	$15,945
Commercial & Industrial, US addressed loans - $100-250k	1,192	$85,838	$72,012
Commercial & Industrial, US addressed loans - $250k-1MM	1,098	$210,151	$191,394
Farmland loans - <$1MM	1,790	$270,273	$150,991
Farmland loans - <$100k	434	$16,592	$38,230
Farmland loans - $100-250k	755	$90,830	$120,305
Farmland loans - $250k-1MM	601	$162,851	$270,967
Agriculture operations loans - <$1MM	3,726	$227,875	$61,158
Agriculture operations loans - <$100k	2,384	$47,184	$19,792
Agriculture operations loans - $100-250k	804	$73,478	$91,391
Agriculture operations loans - $250k-1MM	538	$107,213	$199,281