Deerwood Bank
Headquarters: Waite Park, Minnesota
Overview
Deerwood Bank is an FDIC-insured bank headquartered in Waite Park, Minnesota. It reported $1.52B in assets and $1.38B in deposits for the period ending June 30, 2026. Bankular currently lists 14 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
March 31, 2026 to June 30, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Branch footprint
Where Deerwood Bank has branches
Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.
Locations
Find a branch of Deerwood Bank
Baxter Branch
14986 Lynwood Dr, Baxter, Minnesota, 56425
Full-service branch · Opened June 1, 1997
Bemidji Branch
1350 Paul Bunyan Dr NW, Bemidji, Minnesota, 56601
Full-service branch · Opened November 3, 1997
Blackduck Branch
16 Summit Ave W, Blackduck, Minnesota, 56630
Full-service branch · Opened December 16, 1996
Brainerd Office
611 Washington St NE, Brainerd, Minnesota, 56401
Full-service branch · Opened December 1, 2008
Branch
21236 Archibald Rd, Deerwood, Minnesota, 56444
Full-service branch · Opened November 26, 1910
Garrison Branch
9451 Madison St, Garrison, Minnesota, 56450
Full-service branch · Opened February 5, 1979
Financial overview
Latest reported figures
Through June 30, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| June 30, 2026 | $1.52B | $1.38B | $946.72M | 1.79% |
| March 31, 2026 | $1.56B | $1.42B | $915.62M | 1.77% |
| December 31, 2025 | $1.43B | $1.29B | $928.34M | 1.71% |
| September 30, 2025 | $1.37B | $1.24B | $909.21M | 1.78% |
| June 30, 2025 | $1.24B | $1.11B | $917.62M | 1.68% |
| March 31, 2025 | $1.18B | $1.05B | $883.89M | 1.53% |
| December 31, 2024 | $1.18B | $1.06B | $886.01M | 1.24% |
| September 30, 2024 | $1.17B | $1.06B | $870.00M | 1.37% |
Size and reach
How this institution compares
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More on Deerwood Bank
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Branch locations
14 listed locations.
Explore →Compare this institution
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Explore →State banking market
Explore institutions and deposit-market context in Minnesota.
Explore →Waite Park banking market
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Explore →Rankings and research
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is Deerwood Bank federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 5123.
Where is Deerwood Bank headquartered?
Deerwood Bank is headquartered in Waite Park, Minnesota, at 131 6th Ave S, Ste 100, Waite Park, Minnesota, 56387.
How large is Deerwood Bank?
It reported $1.52B in assets and $1.38B in deposits for the period ending June 30, 2026.
How many locations does Deerwood Bank have?
Bankular currently lists 14 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.