American National Bank of Minnesota in Baxter, Minnesota (MN)



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American National Bank of Minnesota routing number info

Table of contents:
American National Bank of Minnesota
GeneralFDIC Certificate #: 26499
Status: Active
Federal Reserve ID: 306159
Bank Holding Company (Regulatory Top Holder): American Bancorporation Of Minnesota, Inc. (RSSDID: 3047172, Location: Brainerd, MN)
Date Established: May 01, 1983
WWW: http://www.anbmn.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 12972
FDIC's unique #: 33168
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 02, 1986
Last Structure Change Effective Date: May 04, 2006
Last Structure Change Process Date: May 05, 2006
Last Data Update: May 05, 2006
Data Source Date: April 05, 2012
LocationAddress: 2000 Woida Road North, Baxter, MN 56425
County: Crow Wing
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Brainerd, MN (#14660)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $278.8 mil
Equity capital: $31.2 mil
Deposits held in domestic offices: $227.6 mil
Return on assets (ROA): -0.09% (-$0.3 mil)
Quarterly return on assets: 0.70% ($2.0 mil)
Return on Equity (ROE): -0.80% (-$0.2 mil)
Quarterly return on equity: 6.28% ($1.9 mil)
Net income: -$0.2 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: -0.09% (-$250.9 mil)
Quarterly Pretax return on assets: 0.70% ($1,951.7 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)
Total employees (full-time equivalent)59
Total assets$278,809
Cash and due from depository institutions$6,230
Interest-bearing balances$4,003
Securities$32,096
Federal funds sold & reverse repurchase agreements$14,120
Net loans & leases$176,125
Loan loss allowance $3,642
Trading account assets$0
Bank premises and fixed assets$8,551
Other real estate owned$30,477
Goodwill and other intangibles$0
All other assets$11,210
Life insurance assets$278,809
Total liabilities and capital$247,613
Total liabilities$227,604
Total deposits$218,647
Interest-bearing deposits$227,604
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$19,674
Other borrowed funds $0
Subordinated debt $335
All other liabilities $31,196
Total equity capital$31,196
Total bank equity capital$31,196
Perpetual preferred stock$0
Common stock$863
Surplus$23,705
Undivided profits $6,628
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $10,311
Earning assets $0
Long-term assets (5+ years) $1,046
Average Assets, year-to-date $226,344
Average Assets, quarterly $39,005
Volatile liabilities $284,310
Insider loans $279,167
FHLB advances $220,253
Loans and leases held for sale $279,811
Unused loan commitments $7,299
Tier 1 (core) risk-based capital $7,299
Tier 2 risk-based capital $30,708
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $10,077
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $13,051
Total interest expense $3,215
Net interest income $9,836
Provision for loan and lease losses $752
Total noninterest income -$81
Fiduciary activities $0
Service charges on deposit accounts $335
Trading account gains & fees $0
Additional noninterest income -$416
Total noninterest expense $9,243
Salaries and employee benefits $3,993
Premises and equipment expense $714
Additional noninterest expense $4,536
Pre-tax net operating income -$240
Securities gains (losses) -$3
Applicable income taxes $0
Income before extraordinary items -$243
Extraordinary gains - net $0
Net income attributable to bank -$243
Net charge-offs $0
Cash dividends -$243
Sale, conversion, retirement of capital stock, net $1,512
Net operating income $231
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.61%
Cost of funding earning assets 1.38%
Net interest margin 4.23%
Noninterest income to earning assets -0.03%
Noninterest expense to earning assets 3.98%
Net operating income to assets -0.08%
Return on assets (ROA) -0.09%
Pretax return on assets -0.09%
Return on equity (ROE) -0.80%
Retained earnings to average equity (YTD only) -1.57%
Net charge-offs to loans 0.79%
Credit loss provision to net charge-offs 49.74%
Efficiency ratio0.34%
Assets per employee$94,751
Cash dividends to net income (YTD only)4.73%
Condition Ratios (%)
Loss allowance to loans -95.06%
Loss allowance to noncurrent loans 2.03%
Noncurrent assets plus other real estate owned to assets 35.32%
Noncurrent loans to loans 14.63%
Net loans and leases to deposits5.74%
Net loans and leases to core deposits 77.38%
Equity capital to assets 81.73%
Core capital (leverage) ratio 11.19%
Tier 1 risk-based capital ratio 10.97%
Total risk-based capital ratio 13.94%
Memoranda
Average assets$15
Average earning assets$284,310
Average equity $30,248
Average loans $232,489
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8 Minnesota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
033168American National Bank Of Minnesota2000 Woida Road North, Baxter, MN 56425May 01, 1983Full Service Brick and Mortar
2259592St. Cloud Branch3210 West Division Street, St. Cloud, MN 56301May 01, 1983Full Service Brick and Mortar
3259593Fergus Falls Branch727 Western Avenue, Fergus Falls, MN 56537May 27, 1986Full Service Brick and Mortar
4259594Alexandria Branch512 30th Avenue East, Alexandria, MN 56308June 16, 1986Full Service Brick and Mortar
5259595Pequot Lakes Branch31279 Brunes Street, Pequot Lakes, MN 56472January 04, 1988Full Service Brick and Mortar
6259596Detroit Lakes Branch1325 Highway 10 West, Detroit Lakes, MN 56501December 27, 1988Full Service Brick and Mortar
7259597Walker Branch100 Highland Avenue Northwest, Walker, MN 56484March 15, 1993Full Service Brick and Mortar
10259600Brainerd Branch1920 South Sixth Street, Brainerd, MN 56401December 09, 1996Limited Service Administrative
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