Vitals
  • Total Assets
    432.5M 6.2 %
  • Total Deposits
    378.2M 6.7 %
  • Total Net Loans
    344.6M 9.4 %
  • Net Income
    3.1M 6.1 %
  • Book Value
    50.9M 2.1 %
  • Book Value x2
    101.8M 2.1 %
  • Book Value x3
    152.6M 2.1 %
ROAA

.74

ROAE

6.149

Efficiency Ratio

74.217

Net Interest Margin

4.241

Balance Sheet Highlights
Financial Highlights Blackridgebank All Insured Commercial Banks in North Dakota
Balance Sheet $(000)
Total Assets 432,500 232,076
Total Net Loans 344,616 156,713
Total Deposits 378,163 198,811
Total Equity 50,883 23,476
Profitability
Net Income 3,103 3,002
Return on Average Assets .74 1.206
Return on Average Equity 6.149 11.39
Net Interest Margin 4.241 3.951
Efficiency Ratio 74.217 62.572
Noninterest Income/Revenue 24.218 15.037
Balance Sheet Ratios
Loan-to-Deposit 91.129 75.896
Securities/Assets .088 .19
Total Equity/Total Assets .118 .101
Tangible Equity/Tangible Assets .081 .097
Capital Adequacy
Tier 1 Common Capital 34,986 22,730
Tier 1 Capital 34,986 22,737
Tier 2 Capital 4,163 2,012
Total Capital 39,149 24,749
Total Risk Weighted Assets 332,624 176,189
Leverage Ratio 8.35 10.101
Common Equity Tier 1 Capital Ratio 10.52 13.897
Tier 1 Capital Ratio 10.52 13.902
Total Capital Ratio 11.77 14.995

Timeline for Blackridgebank

Lakewood Bank, National Association

Acquisition: Blackridgebank acquired a new subsidiary, Lakewood Bank, National Association, 13 years

View Profile Oct 01 2011

First State Bank Of Alexandria

Acquisition: Blackridgebank acquired a new subsidiary, First State Bank Of Alexandria, 13 years

View Profile Oct 01 2011

Blackridgebank

Blackridgebank was established 17 years ago and is currently headquartered in Fargo, ND.

Apr 23 2007

Blackridge Financial, Inc.

Blackridge Financial, Inc. became a new parent organization for Blackridgebank.

View Profile Apr 23 2007
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Lakewood Bank, National Association Seller 140,099 Pooling of Interests Discontinued 10/1/2011
First State Bank Of Alexandria Seller 110,629 Pooling of Interests Discontinued 10/1/2011
Relationships Role Relationship Start Relationship End
Blackridge Financial, Inc. Parent 4/23/2007
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