BREMER BANK, NATIONAL ASSOCIATION in Alexandria, Minnesota (MN), ND
Overview, Financial Summary, Detailed Financial Reports, Branches


BREMER BANK, NATIONAL ASSOCIATION - Overview

  • General
  • FDIC Certificate #: 12915
    Status: Active
    Federal Reserve ID: 268556
    Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN)
    Date Established: June 01, 1919
    WWW: http://www.bremer.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: Yes)
    OTS Docket #: 12262
    FDIC's unique #: 8173
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 720 Broadway, Alexandria, MN 56308
    County: Douglas
    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): Alexandria, MN (#10820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $624.4 mil
    Equity capital: $57.6 mil
    Deposits held in domestic offices: $515.5 mil
    Return on assets (ROA): 1.26% ($7.9 mil)
    Quarterly return on assets: 1.11% ($6.9 mil)
    Return on Equity (ROE): 13.24% ($7.7 mil)
    Quarterly return on equity: 11.82% ($6.9 mil)
    Net income: $7.6 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.82% ($11,364.9 mil)
    Quarterly Pretax return on assets: 1.57% ($9,803.8 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
  • 93Total employees (full-time equivalent)
  • $624,443Total assets
  • $90,435Cash and due from depository institutions
  • $79,004Interest-bearing balances
  • $112,710Securities
  • $1,448Federal funds sold & reverse repurchase agreements
  • $400,544Net loans & leases
  • $6,941Loan loss allowance
  • $0Trading account assets
  • $6,725Bank premises and fixed assets
  • $698Other real estate owned
  • $629Goodwill and other intangibles
  • $624,443Life insurance assets
  • $11,254All other assets
  • $566,834Total liabilities and capital
  • $515,532Total liabilities
  • $412,452Total deposits
  • $515,532Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 48087.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,215Subordinated debt
  • $57,609All other liabilities
  • $57,609Total equity capital
  • $57,609Total bank equity capital
  • $0Perpetual preferred stock
  • $2,420Common stock
  • $18,290Surplus
  • $36,899Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,149Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,223Income earned, not collected on loans
  • $0Earning assets
  • $2,970Long-term assets (5+ years)
  • $593,706Average Assets, year-to-date
  • $99,191Average Assets, quarterly
  • $604,284Volatile liabilities
  • $617,870Insider loans
  • $417,340FHLB advances
  • $618,347Loans and leases held for sale
  • $1,998Unused loan commitments
  • $1,998Tier 1 (core) risk-based capital
  • $56,169Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $128,577Restructured Loans and leases
  • $1,547Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,437Total interest income
  • $3,370Total interest expense
  • $23,067Net interest income
  • -$30Provision for loan and lease losses
  • $5,591Total noninterest income
  • $0Fiduciary activities
  • $1,512Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,079Additional noninterest income
  • $17,885Total noninterest expense
  • $7,446Salaries and employee benefits
  • $1,120Premises and equipment expense
  • $9,319Additional noninterest expense
  • $10,803Pre-tax net operating income
  • $209Securities gains (losses)
  • $3,391Applicable income taxes
  • $7,621Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,621Net income attributable to bank
  • $0Net charge-offs
  • $7,621Cash dividends
  • $872Sale, conversion, retirement of capital stock, net
  • $8,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.60%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.01%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 1.24%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 13.24%Return on equity (ROE)
  • -0.66%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • -3.44%Credit loss provision to net charge-offs
  • 12.35%Efficiency ratio
  • 62,408Assets per employee
  • 6.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 104.97%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 96.10%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 1.77%Net loans and leases to deposits
  • 77.70%Net loans and leases to core deposits
  • 80.51%Equity capital to assets
  • 9.23%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 13.46%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $604,284Average earning assets
  • $57,571Average equity
  • $574,835Average loans

List of branches

  • 7 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08173Bremer Bank, National Association720 Broadway, Alexandria, MN 56308June 01, 1919Full Service Brick and Mortar
    15246Brandon Branch113 Front Street, Brandon, MN 56315December 15, 1927Full Service Brick and Mortar
    2228534South Branch2210 Highway 29 South, Alexandria, MN 56308Febuary 13, 1995Full Service Brick and Mortar
    31272Morris Branch701 Atlantic Avenue, Morris, MN 56267December 04, 1933Full Service Brick and Mortar
    4263779Starbuck Branch300 Main Street, Starbuck, MN 56381January 01, 1901Full Service Brick and Mortar
    58175Breckenridge Office225 North Fifth Street, Breckenridge, MN 56520October 01, 1919Full Service Brick and Mortar
    8228540Fergus Falls Main Branch2330 College Way, Fergus Falls, MN 56537March 05, 1999Full Service Brick and Mortar
  • 1 North Dakota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    756842Wahpeton Office1618 Commerce Street, Wahpeton, ND 58075June 11, 1996Full Service Retail

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