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 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% 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

    8,460

    Origination Dollar Volume (All Markets)

    $2,111,370,000

    Employee count

    1,588 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
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    SUPERIOR CHOICE
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    The Miners National Bank of Eveleth
    Similarity Rank: 400
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    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