Deerwood Bank
Headquartered in Waite Park, MN. Part of Deerwood Bancshares, Inc. FDIC certificate #5123 · Federal Reserve RSSD 314257.
Total assets
$1.5B
Deposits
$1.4B
Q2 2026
Active branches
14
Closings since Jan 2020
0
1 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$7M
Return on assets
1.79%
Return on equity
20.33%
Noncurrent loan rate
0.29%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
12026
Values in $ billions, June 30 of each year.
Openings by year
12024
Other network changes since 2020
- 1 branches acquired through purchases or mergers
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: deerwoodbank.com.