Bravera Bank
FDIC #22559
📍 Dickinson, North Dakota
Bravera Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in December 1, 1977. With assets of $2.52 Billion, it operates 31 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: February 1, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
February 1, 2024
Satisfactory
April 1, 2021
Satisfactory
March 1, 2018
Satisfactory
💰 Financial Strength
Total Assets$2.52 Billion
Total Deposits$2.16 Billion
Equity Capital$180.38 Million
Net Income$16.69 Million
📈 Performance
ROA0.91%
ROE11.96%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedDecember 1, 1977
FDIC Cert22559
Holding CoBravera Holdings Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeOctober 19, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 5:00 PM
Tuesday8:00 AM - 5:00 PM
Wednesday8:00 AM - 5:00 PM
Thursday8:00 AM - 5:00 PM
Friday8:00 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2023
Merger / Acquisition
Acquired: United Community Bank Of North Dakota
2021
Merger / Acquisition
Acquired: The Citizens State Bank Of Finley
2021
Name Change
Name became: Changed Institution Name To Bravera Bank.
2021
Relocation
Moved HQ to: 220 1st Ave W, Dickinson, ND 58601.
2020
Merger / Acquisition
Acquired: Beartooth Bank