4040 42nd Street South
Fargo, ND 58104
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Notable Rates APY Vs.Others
Savings 0.10% 0.85% →
1-Year CD 0.25% 0.80% →
2-Year CD 0.45% 0.80% →
5-Year CD 1.41% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

BlackRidgeBANK is an FDIC insured institution located in Fargo, ND. It was founded in 2007 and has approximately $0.55 billion in assets. Customers can open an account at one of its 12 branches.

FDIC Insured Yes
FDIC Certificate # 58580
Date Established 2007
Assets $ 478.00 million
Loans $ 441.15 million
Deposits $ 473.40 million
Capital $ 72.77 million

For a more detailed analysis of BlackRidgeBANK's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 26, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.35% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.65% $10,000 $14,999 Learn More
36 Mo CD
0.65% $100,000 $199,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.10% $100,000 $199,999 Learn More
60 Mo CD
1.41% $10,000 $14,999 Learn More
60 Mo CD
1.41% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 26, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BlackRidgeBANK

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.485% 3.375%
0.88 points
$3,438 fees
$1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to BlackRidgeBANK
To upload and update your bank's rates please register. It is free to register and add rates.


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Financial Details

BlackRidgeBANK Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BlackRidgeBANK. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BlackRidgeBANK U.S. Bank Average
5.47% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, BlackRidgeBANK had $3,706,000 in non-current loans and $319,000 in owned real estate. To cover these potential losses it had $72,765,000 in equity and $780,000 in loans loss reserves. That gives it a Texas Ratio of 5.47%.

Return on Equity
BlackRidgeBANK U.S. Bank Average
6.57% 11.43%

BlackRidgeBANK has a Return on Equity of 6.57% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

BlackRidgeBANK U.S. Bank Average
15.22% 11.51%

BlackRidgeBANK has a Capitalization of 15.22% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BlackRidgeBANK Balance Sheet Analysis

As of September 30, 2020, BlackRidgeBANK had assets of $548,355,000, loans of $441,148,000, and deposits of $473,403,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 43.88 million
Interest-bearing balances $ 35.20 million
Total securities $ 13.30 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 441.15 million
Loan loss allowance $ 0.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.32 million
Goodwill and other intangibles $ 32.58 million
All other assets $ 4.23 million
     Total Assets $ 475.59 million
Total deposits $ 473.40 million
      Interest-bearing deposits $ 328.69 million
      Deposits held in domestic offices $ 473.40 million
      % insured (estimated) 78.95%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.00 million
Subordinated debt N.A.
All other liabilities $ 1.19 million
      Total Liabilities $ 475.59 million
      Shareholders’ Equity $ 2.41 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 17.52 million
Total Interest Expense $ 2.43 million
Net interest income $ 15.10 million
Provision for loan and lease losses $ 0.99 million
Total non interest income $ 6.73 million
Total non interest expense $ 14.06 million
Pre-tax Net Operating Income $ 6.78 million

Bank Loan Profile?

The top three loan types in BlackRidgeBANK’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in North Dakota, BlackRidgeBANK has a significantly higher percent of 1-4 Family Residential Loans, Construction and Development Loans 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 36.58
Credit Card Loans 0.00
Consumer Auto Loans 0.70
Small Business Loans 0.00
Construction and Development Loans 14.24
Commercial Real Estate 21.83
Commercial and Industrial Loans 16.29
Farm Loans 0.45

Frequently Asked Questions About Blackridgebank

Branches and Savings

Is Blackridgebank FDIC insured?

Yes. It is covered under FDIC Certificate #58580.

Why does Blackridgebank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Blackridgebank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Blackridgebank a commercial bank?


Where are Blackridgebank locations?

See branch locations nearby.

Is Blackridgebank open on Saturdays?

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Are Blackridgebank ATMs Open 24/7?

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Do Blackridgebank branches have notaries?

Will Blackridgebank notarize my document?

What address for Blackridgebank should I put for incoming ACH transfers?

Will the Blackridgebank branch print checks?

Do Blackridgebank checks expire?

Does Blackridgebank require US citizenship to open account?

Can Blackridgebank close my account?

Does Blackridgebank Report to credit bureaus?

Does Blackridgebank Use Equifax?

What is Blackridgebank's ACH Routing Number?

What is Blackridgebank's SWIFT code?


Does Blackridgebank offer mortgages?

Compare mortgage rates here.

Does Blackridgebank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Blackridgebank offer personal loans?

Compare personal loan rates here.

Does Blackridgebank offer student loans?

Will Blackridgebank cash a check?

Will Blackridgebank redeem a savings bond?

Does Blackridgebank cash savings bonds?

Will Blackridgebank cash money orders?

Can Blackridgebank issue a money order?

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Background on The Bank

Who owns Blackridgebank?

How long has Blackridgebank been around?

Can Blackridgebank transfer to other banks?

Does Blackridgebank have quick pay?

Does Blackridgebank accept rolled coins?

Will Blackridgebank accept loose change?

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