Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2000

  • BREMER BANK, NATIONAL ASSOCIATION in Breckenridge, Minnesota (MN)
  • Show street view No street view available for this location


  • General
  • FDIC Certificate #: 12918
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BREMER BANK, NATIONAL ASSOCIATION (#12915)
    Federal Reserve ID: 398556
    Date Established: October 01, 1919
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 12288
    FDIC's unique #: 8175
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2000
    Last Structure Change Process Date: June 15, 2000
    Last Data Update: June 15, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 North Fifth Street, Breckenridge, MN 56520
    County: Wilkin
    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
    Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
    Core Based Statistical Area (CBSA): Wahpeton, ND-MN (#47420)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $78.7 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $76,663Total assets
  • $3,057Cash and due from depository institutions
  • $0Interest-bearing balances
  • $14,371Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $54,951Net loans & leases
  • $1,311Loan loss allowance
  • $0Trading account assets
  • $2,668Bank premises and fixed assets
  • $47Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,569All other assets
  • $76,663Total liabilities and capital
  • $70,080Total liabilities
  • $59,731Total deposits
  • $53,759Interest-bearing deposits
  • $59,731Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,689Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $660All other liabilities
  • $6,583Total equity capital
  • $6,583Total bank equity capital
  • $6,583Perpetual preferred stock
  • $0Common stock
  • $594Surplus
  • $5,806Undivided profits
  • Memoranda
  • $183Noncurrent loans and leases
  • $6,364Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $375Earning assets
  • $0Long-term assets (5+ years)
  • $704Average Assets, year-to-date
  • $69,322Average Assets, quarterly
  • $15,135Volatile liabilities
  • $79,181Insider loans
  • $78,478FHLB advances
  • $9,821Loans and leases held for sale
  • $1,885Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,364Total unused commitments
  • $0Restructured Loans and leases
  • $785Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $6,069Total interest income
  • $3,097Total interest expense
  • $2,972Net interest income
  • $675Provision for loan and lease losses
  • $932Total noninterest income
  • $0Fiduciary activities
  • $465Service charges on deposit accounts
  • $0Trading account gains & fees
  • $467Additional noninterest income
  • $3,465Total noninterest expense
  • $1,543Salaries and employee benefits
  • $421Premises and equipment expense
  • $1,501Additional noninterest expense
  • -$236Pre-tax net operating income
  • $0Securities gains (losses)
  • -$286Applicable income taxes
  • $50Income before extraordinary items
  • $0Extraordinary gains - net
  • $50Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $323Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.48%Yield on earning assets
  • 4.33%Cost of funding earning assets
  • 4.15%Net interest margin
  • 1.30%Noninterest income to earning assets
  • 4.84%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • -0.30%Pretax return on assets
  • 0.83%Return on equity (ROE)
  • 0.83%Retained earnings to average equity (YTD only)
  • 0.56%Net charge-offs to loans
  • 208.98%Credit loss provision to net charge-offs
  • 1.36%Efficiency ratio
  • 88,755Assets per employee
  • 1.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.33%Loss allowance to noncurrent loans
  • 349.60%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 92.00%Net loans and leases to core deposits
  • 100.64%Equity capital to assets
  • 8.59%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 10.75%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $79,181Average earning assets
  • $6,021Average equity
  • $71,581Average loans

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