American National Bank of Minnesota in Baxter, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

American National Bank of Minnesota - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Summary
  • Total 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
  • 59Total employees (full-time equivalent)
  • $278,809Total assets
  • $6,230Cash and due from depository institutions
  • $4,003Interest-bearing balances
  • $32,096Securities
  • $14,120Federal funds sold & reverse repurchase agreements
  • $176,125Net loans & leases
  • $3,642Loan loss allowance
  • $0Trading account assets
  • $8,551Bank premises and fixed assets
  • $30,477Other real estate owned
  • $0Goodwill and other intangibles
  • $278,809Life insurance assets
  • $11,210All other assets
  • $247,613Total liabilities and capital
  • $227,604Total liabilities
  • $218,647Total deposits
  • $227,604Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $19,674Trading liabilities
  • $0Other borrowed funds
  • $335Subordinated debt
  • $31,196All other liabilities
  • $31,196Total equity capital
  • $31,196Total bank equity capital
  • $0Perpetual preferred stock
  • $863Common stock
  • $23,705Surplus
  • $6,628Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,311Income earned, not collected on loans
  • $0Earning assets
  • $1,046Long-term assets (5+ years)
  • $226,344Average Assets, year-to-date
  • $39,005Average Assets, quarterly
  • $284,310Volatile liabilities
  • $279,167Insider loans
  • $220,253FHLB advances
  • $279,811Loans and leases held for sale
  • $7,299Unused loan commitments
  • $7,299Tier 1 (core) risk-based capital
  • $30,708Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,077Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,051Total interest income
  • $3,215Total interest expense
  • $9,836Net interest income
  • $752Provision for loan and lease losses
  • -$81Total noninterest income
  • $0Fiduciary activities
  • $335Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$416Additional noninterest income
  • $9,243Total noninterest expense
  • $3,993Salaries and employee benefits
  • $714Premises and equipment expense
  • $4,536Additional noninterest expense
  • -$240Pre-tax net operating income
  • -$3Securities gains (losses)
  • $0Applicable income taxes
  • -$243Income before extraordinary items
  • $0Extraordinary gains - net
  • -$243Net income attributable to bank
  • $0Net charge-offs
  • -$243Cash dividends
  • $1,512Sale, conversion, retirement of capital stock, net
  • $231Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 4.23%Net interest margin
  • -0.03%Noninterest income to earning assets
  • 3.98%Noninterest expense to earning assets
  • -0.08%Net operating income to assets
  • -0.09%Return on assets (ROA)
  • -0.09%Pretax return on assets
  • -0.80%Return on equity (ROE)
  • -1.57%Retained earnings to average equity (YTD only)
  • 0.79%Net charge-offs to loans
  • 49.74%Credit loss provision to net charge-offs
  • 0.34%Efficiency ratio
  • 94,751Assets per employee
  • 4.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -95.06%Loss allowance to loans
  • 2.03%Loss allowance to noncurrent loans
  • 35.32%Noncurrent assets plus other real estate owned to assets
  • 14.63%Noncurrent loans to loans
  • 5.74%Net loans and leases to deposits
  • 77.38%Net loans and leases to core deposits
  • 81.73%Equity capital to assets
  • 11.19%Core capital (leverage) ratio
  • 10.97%Tier 1 risk-based capital ratio
  • 13.94%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $284,310Average earning assets
  • $30,248Average equity
  • $232,489Average loans

List of branches

  • 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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