Brainerd Savings and Loan Association, A Federal Association in city_name, state_name

Brainerd Savings and Loan Association, A Federal Association in Brainerd, Minnesota (MN)
Show street view No street view available for this location

Brainerd Savings and Loan Association, A Federal Association - Overview

General
FDIC Certificate #: 31443
Status: Active
Federal Reserve ID: 416973
Date Established: January 01, 1922
WWW: http://www.brainerdsavings.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 6979
FDIC's unique #: 44277
Numeric code: 38
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: Mortgage Lending Specialization
Date of Deposit Insurance: June 29, 1965
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 524 S 6th Street, Brainerd, MN 56401
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
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $65.1 mil
Equity capital: $5.0 mil
Deposits held in domestic offices: $45.9 mil
Return on assets (ROA): 0.20% ($0.1 mil)
Quarterly return on assets: 0.30% ($0.2 mil)
Return on Equity (ROE): 2.72% ($0.1 mil)
Quarterly return on equity: 4.03% ($0.2 mil)
Net income: $0.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.18% ($117.1 mil)
Quarterly Pretax return on assets: 0.38% ($247.3 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
24Total employees (full-time equivalent)
$65,066Total assets
$2,003Cash and due from depository institutions
$656Interest-bearing balances
$8,041Securities
$698Federal funds sold & reverse repurchase agreements
$48,667Net loans & leases
$301Loan loss allowance
$0Trading account assets
$2,763Bank premises and fixed assets
$119Other real estate owned
$0Goodwill and other intangibles
$65,063Life insurance assets
$2,775All other assets
$60,083Total liabilities and capital
$45,883Total liabilities
$43,055Total deposits
$45,883Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,422Trading liabilities
$0Other borrowed funds
$778Subordinated debt
$4,980All other liabilities
$4,980Total equity capital
$4,980Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$4,980Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,132Income earned, not collected on loans
$0Earning assets
$253Long-term assets (5+ years)
$58,062Average Assets, year-to-date
$0Average Assets, quarterly
$66,721Volatile liabilities
$65,916Insider loans
$44,042FHLB advances
$65,103Loans and leases held for sale
$923Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,017Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,990Restructured Loans and leases
$760Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,955Total interest income
$1,002Total interest expense
$1,953Net interest income
$193Provision for loan and lease losses
$675Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$675Additional noninterest income
$2,445Total noninterest expense
$1,430Salaries and employee benefits
$588Premises and equipment expense
$427Additional noninterest expense
-$10Pre-tax net operating income
$128Securities gains (losses)
-$17Applicable income taxes
$135Income before extraordinary items
$0Extraordinary gains - net
$135Net income attributable to bank
$0Net charge-offs
$135Cash dividends
$169Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.96%Yield on earning assets
1.68%Cost of funding earning assets
3.28%Net interest margin
1.13%Noninterest income to earning assets
4.10%Noninterest expense to earning assets
0.01%Net operating income to assets
0.20%Return on assets (ROA)
0.18%Pretax return on assets
2.72%Return on equity (ROE)
2.72%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
114.20%Credit loss provision to net charge-offs
1.08%Efficiency ratio
93,037Assets per employee
2.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.61%Loss allowance to noncurrent loans
26.59%Noncurrent assets plus other real estate owned to assets
1.89%Noncurrent loans to loans
2.31%Net loans and leases to deposits
106.07%Net loans and leases to core deposits
113.46%Equity capital to assets
7.65%Core capital (leverage) ratio
7.71%Tier 1 risk-based capital ratio
11.39%Total risk-based capital ratio
Memoranda
$12Average assets
$66,721Average earning assets
$4,967Average equity
$59,613Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	44277	Brainerd Savings And Loan Association, A Federal Association	524 S 6th Street, Brainerd, MN 56401	January 01, 1922	Full Service Brick and Mortar
1	284884	Baxter Branch	14244 Dellwood Drive N, Baxter, MN 56425	August 04, 1992	Full Service Brick and Mortar

steve fellegy

⚠

Is Brainerd Savings and Loan a "Minnesota Chartered Bank" or a "Federally Chartered Bank"?

Brainerd Savings and Loan Association, A Federal Association in Brainerd, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Brainerd Savings and Loan Association, A Federal Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Brainerd Savings and Loan Association, A Federal Association in Brainerd, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Brainerd Savings and Loan Association, A Federal Association - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Brainerd Savings and Loan Association, A Federal Association in Brainerd, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches