Woodland Bank
Deer River, MN · Owner: Remer Bcorp Inc
$177M
total assets, June 30, 2026
$177M
total assets, June 30, 2026
Woodland Bank is a state nonmember bank based in Deer River, MN, owned by Remer Bcorp Inc. As of June 30, 2026 it held $177.5 million in assets and $152.0 million in deposits; assets were up 7.0% from a year before. It has 4 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$177M
+7.0% in a year · +3.3% in a quarter
Deposits
$152M
+6.6% in a year · +2.7% in a quarter
Loans
$137M
+9.1% in a year · +3.8% in a quarter
Profit so far
$867K
Jan 1 to Jun 30, 2026 · +61.5% in a year
Capital ratio
8.62%
-0.10 pts in a year
Return on assets
1.01%
+0.34 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 217 Main Ave E, Deer River, MN, 56636
- County
- Itasca
- Holding company
- Remer Bcorp Inc
- Established
- Jan 1, 1920
- Employees
- 32
- Branches
- 4
- Website
- www.woodland.bank
- Id
- b8863
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
4 offices as of June 30, 2026, holding $152.0 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 4 | $152M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Grand Rapids Branch | Grand Rapids, MN | $76.4M |
| Cohasset Office | Cohasset, MN | $34.0M |
| Woodland Bank (main office) | Deer River, MN | $25.4M |
| Hill City Office | Hill City, MN | $16.2M |
Related pages
Questions and answers
How big is Woodland Bank?
$177.5 million in total assets and $152.0 million in deposits as of June 30, 2026, with assets up 7.0% from a year before. Its loans were $136.8 million.
How many branches does Woodland Bank have?
4 branches in Minnesota as of June 30, 2026.
Is Woodland Bank profitable?
Yes: it earned $867,000 from January 1 to June 30, 2026 (up 61.5% from the same months a year before). Its return on assets was 1.01% a year; about 1% is typical.
Who owns Woodland Bank?
Woodland Bank is owned by Remer Bcorp Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.