# BLACKRIDGEBANK
FARGO, ND · FDIC certificate 58580 · asset band $300M-1B · latest filing 2020-09 · 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 | $548.4M | |
| Deposits | $473.4M | |
| Loans and leases | $441.9M | |
| Total equity | $72.8M | |
| Loans / deposits | 93.19% (p76 of band) | 81.65% |
| Liquid assets / assets | 10.43% (p6 of band) | |
| Uninsured deposits / deposits | 21.07% (p37 of band) | 23.92% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.18% (p21 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.90% (p6 of band) | 9.93% |
| Unrealized securities loss / equity | 0.52% (p20 of band) | 2.75% |
| AOCI / equity | 0.25% (p20 of band) | |
| ROA (annualized) | 1.30% (p68 of band) | 1.06% |
| Net interest margin | 4.41% (p92 of band) | 3.52% |
| Efficiency ratio | 63.51% (p48 of band) | |
| Noncurrent loans | 0.84% (p68 of band) | 0.50% |
| Net charge-offs (annualized) | 0.08% (p80 of band) | |
| Reserve coverage of noncurrent | 21.05% | |
| Real estate % of loans | 80% | |
| Construction % of loans | 86.32% (p89 of band) | |
| Auto loans | $3.1M (0.70% of loans; DQ 0.68%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 10.0% | |
| Employees | 118 | |

## 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 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 | reserve under noncurrent | capital falling |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 1 |  | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | capital falling |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | reserve under noncurrent |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 2 | capital falling, reserve under noncurrent |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 | construction >100% equity | capital falling |
| 2018-06 | 2 |  |  |
| 2018-09 | 1 | capital falling | reserve under noncurrent, construction >100% equity |
| 2018-12 | 2 | construction >100% equity |  |
| 2019-03 | 1 |  | capital falling |
| 2019-06 | 1 |  |  |
| 2019-09 | 3 | capital falling, expense ratio p90 |  |
| 2019-12 | 2 | NIM <2.5%, reserve under noncurrent | construction >100% equity, capital falling, expense ratio p90 |
| 2020-03 | 1 |  | NIM <2.5% |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | capital falling |  |

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

- 2020-11-16 [First Western Bank & Trust to complete BlackRidgeBANK merger Nov. 16 - - Minot Daily News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPcEx6M21zeWFjYlFlb0ZhNHMtNGdaODBRUUEtZ0dFMGFrWERtcFVRY1R0SThFQ0syQ2tWODlJVHJYdlU2OUFhSS1XNkFrajJNRXlDTkxSWUgxSHlTVEMwM3BVakQxMnBQb0hwbk1jczhUS09rNWJaM1dQSWduSTRLN2ljXzhhNGktNl9sbmFpWGRkUjJTOGNobU55UVFvYy1QRm9TeEFaaG1RSmtBWlI4V1ZSeUxkMnVMRkZz?oc=5) · Minot Daily News
- 2019-07-12 [Bank with ties to Sen. Hoeven to acquire BlackRidgeBANK - InForum](https://news.google.com/rss/articles/CBMikAFBVV95cUxQN0w5LTJyYzExcFJkbHVzMExtMTQxTDJHLVlaOWo2WG5QMjZRSUh1emxUa0htZGdyckRyS2RORWExcG9pcVNkemlPTG9EbUxLbGZRYnFyaHlOamtWWjFLVTRNc2tpaUtXOWtSQ0RkMnd3Z1dEUGRVMUZ4MG5jeWZkcWlEZDBNUF9KMVNaeFpXa1Q?oc=5) · InForum
- 2019-07-12 [First Western, BlackRidgeBANK sign acquisition agreement - - Minot Daily News](https://news.google.com/rss/articles/CBMisAFBVV95cUxNc0tyM3h5Nl9wTlhXNFNZS2FzVnRLYW5jWThvbVdnd0E1M2RRbnllMWJEeHFJR1V6TDF5X2RBdEJnSzZXYjVBTVRhelNNVTlGUGdkWTVSOG40b3V4Y1EzX1pFY3pwRWJqdzBsYU11b1dGdkZ1eVcwdDM4SGQ5Z1hFSk91WmZQa3l4MGVEaFI1RUFzRjBHaVVQZnNoSGZ2SFJ4SHIweTE0UUlRcGpDZ2pZaw?oc=5) · Minot Daily News
- 2020-07-03 [BLACF’S response fund gets boost from financial institutions - Brainerd Dispatch](https://news.google.com/rss/articles/CBMingFBVV95cUxNWlZ6dVFaR3ZrWjI4RUFCOWZTdTg1NzRycGl5UEFTaWZCaWFaVThnYV9wMl9kdjh1WlBTdHBZUHFrb2J1RDFOeXhYNExVZGR1R3hFUllzcFVtOFFENU9jRnEzWlhnWjVpeWppeXByeGdsTVJIUDllWnFtRHBfOUM2UUY3aWs5aTNiWFI0enJ5TklzVDF6dHU2dzROd3Jpdw?oc=5) · Brainerd Dispatch
- 2016-09-20 [How a small bank landed Eagles QB Carson Wentz as its spokesman - PhillyVoice](https://news.google.com/rss/articles/CBMigwFBVV95cUxNQXFZbGtZTTVpdC1PMFNrUS03TGZnMjUxZ0hrMEg5YkdxcFdOeXNqbXN5NVB1U1dZRmJlWlBBd3lIbjJhdzUwTmNKNlJ0YVdlR1BXRnpoTUZlX3hMNHRSaHBrSlNOS2lGYmJzeURBVURUQWRSNWhWR0gzcGRoZF9qQk03VQ?oc=5) · PhillyVoice
- 2020-11-03 [Crosslake Ideal Lions, other clubs seek eyeglasses - pineandlakes.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxQUWZON0JaaThYekNCV092bkg4bGJwRGpQX05Ud2pRQkRjMVVva0Z1cXV4VUg4RW1TeWNHNWw2LWpsdHBGbGk5ZnlmaWFxNDBnQ1M1dFhvV3Z0dlZManVOODRkaEMzRDNjQzhwM2NWU2gxUXQ5MS1iLU9Zbi03OEtQbnI1QWU0ZmtSNEo0cW9sRE1ndw?oc=5) · pineandlakes.com
- 2019-03-19 [[Update: And now 15 more] Google Pay adds support for 62 new banks and credit unions in the US - Android Police](https://news.google.com/rss/articles/CBMirwFBVV95cUxPdmxZRXZOelQ1UXgwVnVQNEpDTWFuOVl5SXExa3VXZmtzWlFoM2pOQjhqanNuQXJESU9TU3lyMENTdGFtN19JaWpZZ1pwYjhiemE5TUV3U0RvT0NzeGxtVDVMMUtpZ0NWYk54Y20zLWRxV0lqbUZEWlFIdmxyRUJieloxOGlNeFVLNlhMY2VOaUFXN3M1T3hTRGdCZzU3MnJHaUNFTUpfSC04T2ZBRy1v?oc=5) · Android Police
- 2016-10-05 [How did a small local bank land endorsement deal with Wentz? It's a family matter - InForum](https://news.google.com/rss/articles/CBMirwFBVV95cUxOWXVoc1gtaFZjZW9VRTNBakJuZHFLTjJRbGhEUWxRZlByOVo4TlZGZXdXSmVFWUJWV2F2ZUhtSk9taWU2WEdiRy14akpSajRIZ1JYM2M0RmJ0ckZSbDgtcXFrTUN0MlpfVE44dUpvOWVtMkExYWExYzFrcWNwRTNGZUdzbXphUjVJdjVjS3d3QmVCQmtYc1d6OUl2emlmamhsaU9LNjBVQUxJSnJRbFhV?oc=5) · InForum

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58580 (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/20.json (key "58580", 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