Bremer Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Bremer Bank is owned by both our employees and the Otto Bremer Foundation. Bremer fosters a culture of caring and commitment and demonstrates it through grants from the Otto Bremer Foundation, donations by local Bremer affiliates, and the volunteerism of our employees’ time and skills to nonprofit organizations and community projects.

The Otto Bremer Foundation, created in 1944, assists people in achieving full economic, civic and social participation in and for the betterment of their communities.

The Otto Bremer Foundation owns 92 percent of Bremer Bank and receives an equivalent share of the bank profits that are paid out as dividends. This means that a large portion of bank profit is invested back in local communities through grants and program-related investments. In 2011, the Foundation provided approximately $30.5 million in grants and program-related investments.