Park Rapids, MN
Bank Northwoods Bank of Minnesota
Northwoods Bank of Minnesota is a federally insured bank based in Park Rapids, Minnesota.
- Type
- Bank
- Charter
- Savings bank, state charter
- Primary regulator
- OCC
- Established
- September 19, 1919
- Headquarters
- Park Rapids, MN
- FDIC certificate #
- 1415
- Fed RSSD ID
- 284752
- Holding company
- Dorset Bancshares Inc
- Website
- www.northwoodsbank.com
$140.5M
Total assets Data as of Q1 2026
$124.4M
Total deposits Data as of Q1 2026
4
Branch locations Data as of Q1 2026
$375K
Net income Data as of Q1 2026
1.06%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Northwoods Bank of Minnesota operates 4 branch locations in Minnesota. Select a state to drill down to its towns and individual branches.
Ownership
Northwoods Bank of Minnesota is owned by Dorset Bancshares Inc. See the full ownership & merger history.
Northwoods Bank of Minnesota financial summary
Other banks in Minnesota
Federally insured banks headquartered in Minnesota, by total assets.
- Ameriprise Bank, FSB $25.51B
- Bridgewater Bank $5.32B
- Frandsen Bank & Trust $3.69B
- Stearns Bank National Association $3.3B
- Minnwest Bank $2.97B
- Merchants Bank, National Association $2.93B
- Tradition Capital Bank $2.68B
- Think Mutual Bank $2.27B
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- First Commerce Bank $140.2M
- Farmers and Merchants State Bank $140.1M
- Security First National Bank of Hugo $140M