# RIVERWOOD BANK
BAXTER, MN · FDIC certificate 27932 · asset band $300M-1B · latest filing 2024-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $657.7M | |
| Deposits | $591.5M | |
| Loans and leases | $519.5M | |
| Total equity | $51.8M | |
| Loans / deposits | 86.83% (p63 of band) | 81.44% |
| Liquid assets / assets | 16.51% (p20 of band) | |
| Uninsured deposits / deposits | 18.37% (p26 of band) | 25.15% |
| Brokered deposits | 6.46% | |
| Wholesale funding | 8.13% (p61 of band) | |
| FHLB advances / assets | 1.67% | |
| Tier 1 leverage | 8.50% (p10 of band) | 10.43% |
| Unrealized securities loss / equity | -19.91% (p33 of band) | -11.42% |
| AOCI / equity | 2.84% (p47 of band) | |
| ROA (annualized) | 1.01% (p54 of band) | 0.95% |
| Net interest margin | 3.60% (p61 of band) | 3.38% |
| Efficiency ratio | 63.89% (p40 of band) | |
| Noncurrent loans | 0.87% (p76 of band) | 0.32% |
| Net charge-offs (annualized) | 0.05% (p76 of band) | |
| Reserve coverage of noncurrent | 129.72% | |
| Real estate % of loans | 72% | |
| Construction % of loans | 79.03% (p72 of band) | |
| Auto loans | $2.1M (0.40% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $15.2M (29% of equity) (p99 of band) | |
| Deposits YoY | 7.9% | |
| Employees | 95 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | losing money, expense ratio p90, reserve under noncurrent |  |
| 2011-06 | 2 |  | expense ratio p90 |
| 2011-09 | 2 |  |  |
| 2011-12 | 3 | noncurrent p90 |  |
| 2012-03 | 3 | assets shrinking | losing money |
| 2012-06 | 1 |  | noncurrent p90, assets shrinking |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 2 | capital falling, expense ratio p90 |  |
| 2014-12 | 0 |  | capital falling, expense ratio p90 |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | uninsured deposits leaving |  |
| 2015-09 | 0 |  | uninsured deposits leaving |
| 2015-12 | 1 | capital falling |  |
| 2016-03 | 0 |  | capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | capital falling |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | capital falling, reserve under noncurrent |  |
| 2019-03 | 1 |  | capital falling |
| 2019-06 | 0 |  | reserve under noncurrent |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | charge-offs p90 |  |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 1 |  | charge-offs p90 |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | securities losses >30% of equity |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 0 |  | securities losses >30% of equity |
| 2023-06 | 1 | securities losses >30% of equity |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 | capital falling | securities losses >30% of equity |
| 2024-03 | 1 | uninsured deposits leaving | capital falling |
| 2024-06 | 0 |  | uninsured deposits leaving |
| 2024-09 | 1 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-01-27 [RiverWood Bank Acquired by National Bank of Commerce - Lakeland PBS](https://news.google.com/rss/articles/CBMiekFVX3lxTE0xRF8xY09RUFQ4S3E0aVBvaTVkcDFKV2JYVkNVUnMxbnhJWkc5MHotM190eUxSdEU4UzVGTmExX0xSajlEZlIzbEh2SVkxZzlPWnBwSGQtalhUS1dBVkJHZVQyT0ZocktBYXdpRGxSRGlvdTRIRjJla1hR?oc=5) · Lakeland PBS
- 2024-07-29 [National Bank of Commerce to acquire RiverWood Bank - Bemidji Pioneer](https://news.google.com/rss/articles/CBMilgFBVV95cUxPejFUcjJEclJiSGhYeHB0UmQyZ085THRsY09hSldPTlBZaGlWX0FYRVhnblNLS3d4VEVpSVZUVlhXR0hvcXdJWXUyUXRPQU5lUGJDZzhnN0RkTHBXMW1wT3VjSjd5cWRCcFYzQ0tHNGM2VHVsd1lmN0dLT0ZsVS1taGl2YUdOaVNIeGdRd2d4dFQzdTFpblE?oc=5) · Bemidji Pioneer
- 2025-02-07 [NBC completes RiverWood Bank acquisition - BusinessNorth](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNbHo0b2NrSFctRzd5SEVoMEVVajFhLVk2OTRrMWxRUDBYWGFlZkJkUXhkR05YanpyVVZiTFhRaFN1ZzZMYzhkV01reDdNaTlQWkNUWE5mQVV2SFRiQ2hodDdyVWVhTnd0bzUwNFR0RWk1R2ZWb2dlMkctTHlqQVpELUtRaTNIam14Qnk0eVJrMHZUUnJMcHBhTWFnWVBCTVhFQWZPbXhsTHlpaXpjSUdoa2pqVy1rYkd4dFJpUlJfZDNlRk5jZlFNVVpoWVNOcnEx?oc=5) · BusinessNorth
- 2025-01-30 [National Bank of Commerce finishes acquiring RiverWood Bank - hometownsource.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxPb0lUalAtcUFFdDgyQjl6bFRkcUJDajRiMGU4LTJKMUNUbnBVajB0bmZlTi10ajZEUnNwZUh3dHNrMjF4cHN2d25GUmdNTUtlektiSHJsNDI0N3dNdy1jUDAySmFHWlZxcm91RHQzczFVTjRSQTJET1ZESHBaTHhJdENkbWpiMzFRVERMX2wyel9EZFhOMnFJVHdyLVJwaWRmNndQTkM5MXFPUmdadk1KOHA4djhrSjl0REFERGk4NldxMDhpWlBpQWFFbUwwalMyTGhQdkJHYk44SUI3SzM0WnE1SDRRRmxrbXU4c01R?oc=5) · hometownsource.com
- 2024-08-12 [National Bank of Commerce expands in Minnesota - Superior Telegram](https://news.google.com/rss/articles/CBMikgFBVV95cUxNOVhNS0xPOUdCSHBETDBtOUR4cERVVW4zNEVoX0ZXN2drWnhNUEpjc25EN0ctUzM4Q3JhcXBnV3Y5dU5EYWNlRE1GeGtXU0Z3OFF4dmo5aWRwU2ROUEx4NkVPME9fSjJDNngxeERBa20xRmQ4Vkp4c0xyQUhwWUQ4UVRYR0FXRUJjVTJfai1JS2c0dw?oc=5) · Superior Telegram
- 2025-01-30 [NBC completes acquisition of RiverWood Bank - Patriot News MN](https://news.google.com/rss/articles/CBMikAFBVV95cUxNTUplTGNCNVhzNkhuOHBXbTVKckhuUm5TOXNERUQxaF9GV0NSRWtsNkRaaG82TDZNZ3RZUkRvMU5CM3dnbEg5cUhKRnlzblBMVFFGRVl1cVo2SEtQbl9rRVBPemhFci1Rc1lGa3llUzJOOWc1X2NQaU9mS05EY3Q5NFg2V0p6Y2FETWhlX0xnc2U?oc=5) · Patriot News MN
- 2025-03-01 [National Bank of Commerce Welcomes Ginny Knudson to NBC and NATCOM Board of Directors - Brainerd Dispatch](https://news.google.com/rss/articles/CBMi9AFBVV95cUxOb0FLSXhfTG9LRFF0MXpZZ21OYVBGRllhVkFFMjltQ2QtVVNKZEVLd0hPVXFSRmtnaHNCZTd0RVhtQUdUZHEyVW9GSGVaMzZZVXZHLXBaMDNhNWFTVnZYaEhLSlJhcTJuakhKOWFxR0NRZzctSHQzdHNXLUdqNVdILXlJZ093eWtmOVAxU2ZuZTFKSjFtV2NXWjhSVUJVcWNyVVhEY18tMnZYbzIzeG9TQVFMTkNZM0lRUlMxZnp5Q2RxNmd1bERHQ2gteWM1MXBkVWxEZXRTNHZNcVFCZGRNRkFMdFFqR2FPeUZIcFQzQVJFSC1W?oc=5) · Brainerd Dispatch
- 2018-05-19 [RiverWood Bank earns 2017 Lender of the Year award - pineandlakes.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxOOTF4ZVcwWjBCLWg1ZUQtZjhNYTQzWERlSzdJMXQ2U21DdVJzb29WS0pUR0Y4M1Y0N2IycE1mTW5FNlhzR0d2WGtMV0VpRExENFc2dy1NRUdUUm5CQ2JlTE9ScnViOEdxQjNWc0pSMXZpWlRWRVZOSTE1MXdUZFZ2RjBMajlrcUVpS2ZaNzdPb3RDUQ?oc=5) · pineandlakes.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=27932 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/28.json (key "27932", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide