Posted on June 14, 2013
BlackRidgeBANK
4040 42nd Street South
Fargo, ND 58104
General Bank Information
FDIC Insured Yes
FDIC Certificate # 58580
Date Established 2007
BlackRidgeBANK is an FDIC insured institution located in Fargo, ND. It was founded in 2007 and has approximately $0.36 billion in assets. Customers can open an account via one of its 10 branches.
BlackRidgeBANK Financial Size
| Assets | $0.36 billion |
| Loans | $0.27 billion |
| Deposits | $0.31 billion |
| Capital | $0.05 billion |
For a more detailed analysis of BlackRidgeBANK's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
| % Loans |
% Comparison to Other Banks |
|||
| Low | Med | High | ||
| 1-4 Family Residential Loans | 31.53 | ✓ | ||
| Multifamily Mortgages |
4.00 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.77 | ✓ | ||
| Small Business Loans | 21.71 | ✓ | ||
| Construction and Development Loans | 11.76 | ✓ | ||
| Commercial Real Estate | 30.43 | ✓ | ||
| Commercial and Industrial Loans | 14.47 | ✓ | ||
| Farm Loans | 0.40 | ✓ | ||
The top three loan types in BlackRidgeBANK’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.
Compared to other banks in North Dakota, BlackRidgeBANK has a significantly higher percent of 1-4 Family Residential Loans, Small Business Loans, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double
categorization of some loan types. All data from the FDIC.
Additional information about this table.
