# UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

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# FORM 8-K

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# CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)   January 24, 2006

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Bremer Financial Corporation
(Exact name of registrant as specified in its charter)

|Minnesota                                     |  | 0-18342                 |  | 41-0715583                          | 
|--------------------------------------------- |  | ----------------------- |  | ----------------------------------- | 
|(State or other jurisdictionof incorporation) |  | (CommissionFile Number) |  | (I.R.S. EmployerIdentification No.) | 
|                                             
|445 Minnesota St., Suite 2000, St. Paul MN    |  | 55101-2107             
|(Address of principal executive offices)      |  | (Zip Code)             

(651) 227-7621
(Registrants telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):

|o |  | Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
|- |  | -------------------------------------------------------------------------------------

|o |  | Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|- |  | --------------------------------------------------------------------------------------

|o |  | Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
|- |  | ------------------------------------------------------------------------------------------------------

|o |  | Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
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The information in this Current Report on Form 8-K, including the exhibit,
shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(Exchange Act), or otherwise subject to the liabilities under that Section. Furthermore, the information in this
Current Report on Form 8-K, including the exhibit, shall not be deemed to be incorporated by reference into the filings of Bremer
Financial Corporation (the Company) under the Exchange Act or the Securities Act of 1933, as amended.

|Item 2.02 |  | Results of Operations and Financial Condition.
|--------- |  | ----------------------------------------------

| | On January 24, 2006, Bremer Financial Corporation issued a press
release reporting on its results of operations and balance sheet for the quarter and year ended December 31, 2005. Attached hereto
as Exhibit 99.1 is a copy of the press release, which is hereby incorporated by reference herein.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|Item 9.01 |  | Financial Statements and Exhibits.
|--------- |  | ----------------------------------

| |  | (d) |  | Exhibits
| |  | --- |  | --------

| | The
following exhibit is furnished with this Current Report on Form 8-K:
| | ------------------------------------------------------------------------

| |  |  | 99.1 |  | Press release of Bremer Financial Corporation dated January 24,
2006.
| |  |  | ---- |  | ---------------------------------------------------------------------

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# SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

|Date | January 24, 2006                                    |  | Bremer Financial Corporation
|---- | --------------------------------------------------- |  | ----------------------------
|    
|     |                                                     |  | By:                         
|     | Stan K. DardisPresident and Chief Executive Officer
|    

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# Exhibit Index

|ExhibitNumber |  | Description                                                          
|------------- |  | ---------------------------------------------------------------------
|99.1          |  | Press release of Bremer Financial Corporation dated January 24,
2006.

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