Bremer Financial in St. Paul, Minn., has raised $100 million by selling debt.
The $8.9 billion-asset company said in a statement provided to American Banker on Wednesday that it plans to use the capital to support future growth. No other details were provided.
Bremer has 84 branches in Minnesota, Wisconsin and North Dakota, according to the Federal Deposit Insurance Corp.
News of the capital raise was first reported by the Minneapolis-St. Paul Business Journal.