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

American Bank Center - Overview

  • General
  • FDIC Certificate #: 22559
    Status: Active
    Federal Reserve ID: 971959
    Bank Holding Company (Regulatory Top Holder): American Bancor, Ltd. (RSSDID: 1133781, Location: Dickinson, ND)
    Date Established: December 01, 1977
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 14001
    FDIC's unique #: 15735
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: December 01, 1977
    Last Structure Change Effective Date: October 28, 2011
    Last Structure Change Process Date: November 28, 2011
    Last Data Update: November 28, 2011
    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
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $896.5 mil
    Equity capital: $82.4 mil
    Deposits held in domestic offices: $799.6 mil
    Return on assets (ROA): 1.51% ($13.5 mil)
    Quarterly return on assets: 2.00% ($17.9 mil)
    Return on Equity (ROE): 16.16% ($13.3 mil)
    Quarterly return on equity: 21.38% ($17.5 mil)
    Net income: $12.2 mil
    Quarterly Net income: $4.3 mil
    Pretax return on assets: 2.22% ($19,902.9 mil)
    Quarterly Pretax return on assets: 2.86% ($25,640.7 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, 2011)

  • Dollar figures in thousands
  • 262Total employees (full-time equivalent)
  • $896,529Total assets
  • $27,703Cash and due from depository institutions
  • $3,835Interest-bearing balances
  • $266,240Securities
  • $106,000Federal funds sold & reverse repurchase agreements
  • $461,683Net loans & leases
  • $5,434Loan loss allowance
  • $0Trading account assets
  • $20,028Bank premises and fixed assets
  • $144Other real estate owned
  • $5,000Goodwill and other intangibles
  • $896,528Life insurance assets
  • $9,731All other assets
  • $814,142Total liabilities and capital
  • $799,558Total liabilities
  • $612,269Total deposits
  • $799,558Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 5630.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,160Trading liabilities
  • $0Other borrowed funds
  • $7,794Subordinated debt
  • $82,386All other liabilities
  • $82,386Total equity capital
  • $82,386Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $37,607Surplus
  • $44,379Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,731Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,934Income earned, not collected on loans
  • $0Earning assets
  • $5,296Long-term assets (5+ years)
  • $837,758Average Assets, year-to-date
  • $234,505Average Assets, quarterly
  • $804,846Volatile liabilities
  • $862,988Insider loans
  • $545,961FHLB advances
  • $852,449Loans and leases held for sale
  • $505Unused loan commitments
  • $505Tier 1 (core) risk-based capital
  • $72,170Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $132,462Restructured Loans and leases
  • $6,200Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $34,267Total interest income
  • $2,727Total interest expense
  • $31,540Net interest income
  • -$2,415Provision for loan and lease losses
  • $12,832Total noninterest income
  • $2,709Fiduciary activities
  • $886Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,237Additional noninterest income
  • $28,868Total noninterest expense
  • $17,332Salaries and employee benefits
  • $2,343Premises and equipment expense
  • $9,193Additional noninterest expense
  • $17,919Pre-tax net operating income
  • -$27Securities gains (losses)
  • $5,713Applicable income taxes
  • $12,179Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,179Net income attributable to bank
  • $0Net charge-offs
  • $12,179Cash dividends
  • -$2,598Sale, conversion, retirement of capital stock, net
  • $2,604Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.68%Yield on earning assets
  • 0.37%Cost of funding earning assets
  • 4.31%Net interest margin
  • 1.75%Noninterest income to earning assets
  • 3.94%Noninterest expense to earning assets
  • 1.52%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 2.22%Pretax return on assets
  • 16.16%Return on equity (ROE)
  • 12.70%Retained earnings to average equity (YTD only)
  • -0.56%Net charge-offs to loans
  • 92.96%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 62,359Assets per employee
  • 3.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.38%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 185.21%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.63%Net loans and leases to deposits
  • 57.74%Net loans and leases to core deposits
  • 59.18%Equity capital to assets
  • 9.19%Core capital (leverage) ratio
  • 8.47%Tier 1 risk-based capital ratio
  • 13.22%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $804,846Average earning assets
  • $75,383Average equity
  • $732,493Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $439,149Managed Assets
  • 1Number of Accounts
  • $188,135Personal trust and agency accounts
  • $42,281Employee benefit-defined contribution accounts
  • $7,838Employee benefit-defined benefit accounts
  • $8,561Other retirement accounts
  • $43,389Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $65,222Other fiduciary accounts
  • $20,844Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 784Number of Accounts
  • $0Personal trust and agency accounts
  • $42,078Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $251,014Other retirement accounts
  • $0Corporate trust and agency accounts
  • $241,876Other fiduciary accounts
  • $8,988Fiduciary accounts held in foreign offices

List of branches

  • 13 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015735American Bank Center140 1st Avenue West, Dickinson, ND 58601December 01, 1977Full Service Brick and Mortar
    1254876North Branch1101 E. Interstate Ave, Bismarck, ND 58501October 25, 1979Full Service Brick and Mortar
    2254877Central Market Supermarket Branch1190 West Turnpike Avenue, Bismarck, ND 58501July 11, 1994Full Service Brick and Mortar
    3254878Washington Center Branch325 W. Arbor Ave, Bismarck, ND 58502May 11, 1998Full Service Brick and Mortar
    4480781American Bank Center Federal Plaza L324 North 3rd Street, Bismarck, ND 58501September 02, 2008Full Service Brick and Mortar
    69713Killdeer BranchCentral Avenue And First Street, Killdeer, ND 58640January 01, 1934Full Service Brick and Mortar
    71356New England Branch6 East 9th Street, New England, ND 58647January 01, 1909Full Service Brick and Mortar
    8247338North Branch1151 3rd Avenue West, Dickinson, ND 58601January 01, 1997Full Service Brick and Mortar
    9445618Minot Branch2201 15th Street Southwest, Minot, ND 58701July 21, 2005Full Service Brick and Mortar
    10490668American Bank Center Bismarck Branch320 North Fourth Street, Bismarck, ND 58501April 17, 2009Full Service Brick and Mortar
    115510Scandia American Bank & Trust BranchFirst And Main Streets, Stanley, ND 58784January 01, 1910Full Service Brick and Mortar
    1213559Cando Branch505 Fourth Street, Cando, ND 58324November 13, 1967Full Service Brick and Mortar
    13249446Devils Lake Branch604 College Drive South Po Box 1168, Devils Lake, ND 58301August 24, 1999Full Service Brick and Mortar

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