Bremer Bank, National Association

Menomonie, WI · Cert 15241

FDIC · 12 branches

Q3 2014

$736.0MAssets

$543.4MLoans

$544.4MDeposits

$72.2MEquity

Loan mix

Deposit mix

NIM

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2014 SOD (annual) · 0.0% share · #119 of 159 inst. · $0.0B of $212.7B

33.9% Polk

38.5% Dunn

35.5% Bayfield

30.7% Burnett

Earnings: ROA of 1.06%, up 14 bps year over year; NIM at 3.52%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
Funding: loans stand at 99.82% of deposits as of Q3 2014.

Return on Assets (quarter, annualized)

1.06%+14 bps YoY

Net Interest Margin (quarter, annualized)

3.52%+38 bps YoY

Efficiency Ratio (quarter, annualized)

67.06%-773 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.92%	0.38%	0.70%	0.75%	1.06%	+14 bps
Return on Equity	11.50%	4.44%	7.79%	8.18%	10.96%	-54 bps
Net Interest Margin	3.15%	3.25%	3.18%	3.35%	3.52%	+38 bps
Efficiency Ratio	74.79%	81.61%	75.40%	71.46%	67.06%	-773 bps
Non-Interest Burden	2.17%	2.52%	2.24%	2.19%	2.10%	-7 bps
Growth
Asset Growth (YoY)	4.57%	4.09%	12.92%	6.03%	2.10%	-246 bps
Loan Growth (YoY)	12.89%	15.39%	13.85%	14.58%	13.87%	+98 bps
Deposit Growth (YoY)	9.56%	4.72%	9.56%	0.26%	-5.36%	-1,492 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.18%	0.29%	0.03%	0.01%	0.13%	-4 bps
Allowance / Loans	1.31%	1.33%	1.43%	1.44%	1.41%	+11 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	11.07%	12.55%	12.83%	12.41%	12.45%	+138 bps
Equity / Assets	7.94%	9.24%	8.73%	9.60%	9.81%	+188 bps
Liquidity & Funding
Loans / Deposits	82.97%	87.45%	86.56%	99.47%	99.82%	+1,685 bps
Liquid Assets / Assets	9.37%	5.19%	10.89%	4.77%	4.43%	-494 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a