Total Assets
$140.6M
Total Deposits
$125.0M
Branches
4
Established
1919
Northwoods Bank of Minnesota is a bank headquartered in Park Rapids, Minnesota, established in 1919. It holds $140.6M in total assets across 4 branch locations. In our editorial opinion, based on public FDIC/NCUA data, Northwoods Bank of Minnesota earns a TFS Financial Health Grade of B- (75.9/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
75.9 / 100
Good financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
Watching Northwoods Bank of Minnesota?
Get a free alert the moment its TFS financial-health grade changes. No spam, ever.
Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| Northwoods Bank of MinnesotaHQ | 1200 First St E | Park Rapids | MN | 11 |
| Northwoods Bank of Minnesota | 112 Bunyan Trails Dr | Nevis | MN | 11 |
| Northwoods Bank of Minnesota | 311 Park Ave S | Park Rapids | MN | 23 |
| Northwoods Bank of Minnesota | 1015 Hillside Ave Sw | Pine City | MN | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
75.9
Tier 1 capital ratio
11.22%
Return on assets
1.05%
Non-performing loans
0.03%
Efficiency ratio
73.69%
Asset growth (YoY)
2.58%
Suggested direct comparisons
Plymouth, MN
$6.1B
Norwood Young America, MN
$141.3M
Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.