BranchWatch

Northwoods Bank of Minnesota

Headquartered in Park Rapids, MN. Part of Dorset Bancshares, Inc. FDIC certificate #1415 · Federal Reserve RSSD 284752.

Total assets
$141M
Deposits
$124M
Q1 2026
Active branches
4
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$375K
Return on assets
1.06%
Return on equity
11.50%
Noncurrent loan rate
0.00%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.northwoodsbank.com.