# RIVERWOOD BANK
BAXTER, MN · FDIC certificate 31063 · asset band <$300M · latest filing 2012-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (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 | $163.7M | |
| Deposits | $135.3M | |
| Loans and leases | $115.9M | |
| Total equity | $16.3M | |
| Loans / deposits | 84.27% (p80 of band) | 68.02% |
| Liquid assets / assets | 16.03% (p8 of band) | |
| Uninsured deposits / deposits | 6.97% (p39 of band) | 8.86% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 7.16% (p77 of band) | |
| FHLB advances / assets | 7.10% | |
| Tier 1 leverage | 8.63% (p23 of band) | 10.05% |
| Unrealized securities loss / equity | 0.64% (p24 of band) | 3.01% |
| AOCI / equity | -0.02% (p40 of band) | |
| ROA (annualized) | 0.10% (p15 of band) | 0.76% |
| Net interest margin | 3.91% (p59 of band) | 3.75% |
| Efficiency ratio | 92.23% (p85 of band) | |
| Noncurrent loans | 3.94% (p83 of band) | 1.21% |
| Net charge-offs (annualized) | 0.41% (p79 of band) | |
| Reserve coverage of noncurrent | 41.05% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 40.70% (p76 of band) | |
| Auto loans | $950,000 (0.82% of loans; DQ 0.32%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 47 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 5 | wholesale funding >15%, losing money, expense ratio p90, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 5 |  |  |
| 2011-09 | 6 | noncurrent p90 |  |
| 2011-12 | 4 |  | wholesale funding >15%, charge-offs p90 |
| 2012-03 | 4 |  |  |
| 2012-06 | 2 |  | expense ratio p90, noncurrent p90 |
| 2012-09 | 1 |  | losing money |
| 2012-12 | 2 | 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=31063 (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/23.json (key "31063", 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