American Bank Center in Dickinson, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 17, 2009

  • American Bank Center in Dickinson, North Dakota (ND)
  • Show street view No street view available for this location

American Bank Center - Overview

  • General
  • FDIC Certificate #: 19115
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American Bank Center (#22559)
    Federal Reserve ID: 802352
    Date Established: May 01, 1964
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 10624
    FDIC's unique #: 12947
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 09, 1964
    Last Structure Change Effective Date: April 17, 2009
    Last Structure Change Process Date: May 19, 2009
    Last Data Update: May 19, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 140 1st Avenue West, Dickinson, ND 58601
    County: Stark
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Fargo
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Dickinson, ND (#19860)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $269.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2008)

  • Dollar figures in thousands
  • 117Total employees (full-time equivalent)
  • $269,292Total assets
  • $9,205Cash and due from depository institutions
  • $65Interest-bearing balances
  • $45,640Securities
  • $28,000Federal funds sold & reverse repurchase agreements
  • $174,132Net loans & leases
  • $2,218Loan loss allowance
  • $0Trading account assets
  • $6,487Bank premises and fixed assets
  • $0Other real estate owned
  • $1,153Goodwill and other intangibles
  • $0Life insurance assets
  • $4,675All other assets
  • $269,293Total liabilities and capital
  • $247,616Total liabilities
  • $240,679Total deposits
  • $201,105Interest-bearing deposits
  • $240,679Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $165Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,948Other borrowed funds
  • $0Subordinated debt
  • $1,824All other liabilities
  • $21,677Total equity capital
  • $21,677Total bank equity capital
  • $21,677Perpetual preferred stock
  • $0Common stock
  • $1,030Surplus
  • $4,370Undivided profits
  • Memoranda
  • $16,277Noncurrent loans and leases
  • $46,551Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $403Earning assets
  • $127Long-term assets (5+ years)
  • $2,671Average Assets, year-to-date
  • $247,837Average Assets, quarterly
  • $46,146Volatile liabilities
  • $241,909Insider loans
  • $254,382FHLB advances
  • $30,651Loans and leases held for sale
  • $1,116Unused loan commitments
  • $3,900Tier 1 (core) risk-based capital
  • $1,392Tier 2 risk-based capital
  • $185Total risk weighted assets
  • $46,551Total unused commitments
  • $20Restructured Loans and leases
  • $2,218Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $14,853Total interest income
  • $4,241Total interest expense
  • $10,612Net interest income
  • $805Provision for loan and lease losses
  • $6,006Total noninterest income
  • $898Fiduciary activities
  • $489Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,619Additional noninterest income
  • $10,956Total noninterest expense
  • $6,465Salaries and employee benefits
  • $1,162Premises and equipment expense
  • $3,329Additional noninterest expense
  • $4,857Pre-tax net operating income
  • $15Securities gains (losses)
  • $1,405Applicable income taxes
  • $3,467Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,467Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $68Sale, conversion, retirement of capital stock, net
  • $2,763Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.73%Yield on earning assets
  • 1.92%Cost of funding earning assets
  • 4.81%Net interest margin
  • 2.72%Noninterest income to earning assets
  • 4.96%Noninterest expense to earning assets
  • 1.43%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 16.51%Return on equity (ROE)
  • 3.35%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 1183.82%Credit loss provision to net charge-offs
  • 83.26%Efficiency ratio
  • 64,942Assets per employee
  • 2.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.69%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 550.37%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 72.35%Net loans and leases to core deposits
  • 81.32%Equity capital to assets
  • 8.05%Core capital (leverage) ratio
  • 7.97%Tier 1 risk-based capital ratio
  • 10.00%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $241,909Average earning assets
  • $20,996Average equity
  • $220,788Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $142,120Managed Assets
  • 1Number of Accounts
  • $65,790Personal trust and agency accounts
  • $13,175Employee benefit-defined contribution accounts
  • $2,289Employee benefit-defined benefit accounts
  • $4,696Other retirement accounts
  • $11,140Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $34,485Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $5Non-managed Assets
  • 342Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $76,330Other retirement accounts
  • $304Corporate trust and agency accounts
  • $68,835Other fiduciary accounts
  • $3,520Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American Bank Center.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents