Bremer Bank, National Association in Willmar, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bremer Bank, National Association in Willmar, Minnesota (MN)
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Bremer Bank, National Association - Overview

  • General
  • FDIC Certificate #: 12198
    Status: Active
    Federal Reserve ID: 224655
    Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN)
    Date Established: January 01, 1876
    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: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12264
    FDIC's unique #: 7748
    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: October 16, 2006
    Last Structure Change Process Date: March 12, 2007
    Last Data Update: March 12, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 Willmar Avenue Se, Willmar, MN 56201
    County: Kandiyohi
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Mankato
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Willmar, MN (#48820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $590.4 mil
    Equity capital: $50.1 mil
    Deposits held in domestic offices: $487.0 mil
    Return on assets (ROA): 1.42% ($8.4 mil)
    Quarterly return on assets: 1.31% ($7.7 mil)
    Return on Equity (ROE): 15.61% ($7.8 mil)
    Quarterly return on equity: 14.83% ($7.4 mil)
    Net income: $7.8 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 2.16% ($12,753.0 mil)
    Quarterly Pretax return on assets: 1.97% ($11,631.2 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
  • 86Total employees (full-time equivalent)
  • $590,415Total assets
  • $41,816Cash and due from depository institutions
  • $23,002Interest-bearing balances
  • $100,719Securities
  • $2,265Federal funds sold & reverse repurchase agreements
  • $426,444Net loans & leases
  • $6,607Loan loss allowance
  • $0Trading account assets
  • $8,238Bank premises and fixed assets
  • $182Other real estate owned
  • $0Goodwill and other intangibles
  • $590,415Life insurance assets
  • $10,751All other assets
  • $540,274Total liabilities and capital
  • $486,995Total liabilities
  • $348,464Total deposits
  • $486,995Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 47106.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $3,173Subordinated debt
  • $50,141All other liabilities
  • $50,141Total equity capital
  • $50,141Total bank equity capital
  • $0Perpetual preferred stock
  • $2,337Common stock
  • $17,606Surplus
  • $30,198Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $5,883Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,527Income earned, not collected on loans
  • $0Earning assets
  • $3,998Long-term assets (5+ years)
  • $552,430Average Assets, year-to-date
  • $90,143Average Assets, quarterly
  • $552,138Volatile liabilities
  • $573,347Insider loans
  • $471,015FHLB advances
  • $591,486Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $49,823Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $142,122Restructured Loans and leases
  • $11,270Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,090Total interest income
  • $2,477Total interest expense
  • $23,613Net interest income
  • $755Provision for loan and lease losses
  • $4,756Total noninterest income
  • $0Fiduciary activities
  • $1,516Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,240Additional noninterest income
  • $15,985Total noninterest expense
  • $7,297Salaries and employee benefits
  • $908Premises and equipment expense
  • $7,780Additional noninterest expense
  • $11,629Pre-tax net operating income
  • $305Securities gains (losses)
  • $4,096Applicable income taxes
  • $7,838Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,838Net income attributable to bank
  • $0Net charge-offs
  • $7,838Cash dividends
  • $796Sale, conversion, retirement of capital stock, net
  • $8,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 0.47%Cost of funding earning assets
  • 4.52%Net interest margin
  • 0.91%Noninterest income to earning assets
  • 3.06%Noninterest expense to earning assets
  • 1.38%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.16%Pretax return on assets
  • 15.61%Return on equity (ROE)
  • -0.32%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 94.85%Credit loss provision to net charge-offs
  • 15.56%Efficiency ratio
  • 56,347Assets per employee
  • 6.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 102.07%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 87.78%Noncurrent assets plus other real estate owned to assets
  • 1.31%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 87.57%Net loans and leases to core deposits
  • 92.73%Equity capital to assets
  • 8.49%Core capital (leverage) ratio
  • 8.42%Tier 1 risk-based capital ratio
  • 10.58%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $552,138Average earning assets
  • $50,224Average equity
  • $522,863Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07748Bremer Bank, National Association500 Willmar Avenue Se, Willmar, MN 56201January 01, 1876Full Service Brick and Mortar
    69635Bremer Bank Branch208 East College Drive, Marshall, MN 56258January 01, 1935Full Service Brick and Mortar
    79822Redwood Falls Branch101 East Fourth Street, Redwood Falls, MN 56283August 16, 1937Full Service Brick and Mortar
    10525924Mankato Office1290 Raintree Road, Mankato, MN 56001September 19, 2011Full Service Brick and Mortar

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