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

Bremer Bank, National Association - Overview

  • General
  • FDIC Certificate #: 12917
    Status: Active
    Federal Reserve ID: 275750
    Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN)
    Date Established: September 16, 1889
    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 #: 12263
    FDIC's unique #: 8174
    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: 321 South 7th 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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $340.8 mil
    Equity capital: $36.4 mil
    Deposits held in domestic offices: $282.8 mil
    Return on assets (ROA): 1.06% ($3.6 mil)
    Quarterly return on assets: 1.35% ($4.6 mil)
    Return on Equity (ROE): 10.03% ($3.6 mil)
    Quarterly return on equity: 12.62% ($4.5 mil)
    Net income: $3.7 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.53% ($5,214.9 mil)
    Quarterly Pretax return on assets: 2.01% ($6,851.0 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
  • 53Total employees (full-time equivalent)
  • $340,844Total assets
  • $3,871Cash and due from depository institutions
  • $4Interest-bearing balances
  • $82,600Securities
  • $6,674Federal funds sold & reverse repurchase agreements
  • $236,380Net loans & leases
  • $4,871Loan loss allowance
  • $0Trading account assets
  • $2,672Bank premises and fixed assets
  • $1,560Other real estate owned
  • $1,556Goodwill and other intangibles
  • $340,844Life insurance assets
  • $5,531All other assets
  • $304,400Total liabilities and capital
  • $282,772Total liabilities
  • $242,087Total deposits
  • $282,772Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 19859.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,769Subordinated debt
  • $36,444All other liabilities
  • $36,444Total equity capital
  • $36,444Total bank equity capital
  • $0Perpetual preferred stock
  • $938Common stock
  • $11,189Surplus
  • $24,317Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,417Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,697Income earned, not collected on loans
  • $25Earning assets
  • $1,446Long-term assets (5+ years)
  • $325,658Average Assets, year-to-date
  • $64,126Average Assets, quarterly
  • $346,143Volatile liabilities
  • $344,252Insider loans
  • $248,140FHLB advances
  • $347,517Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $34,004Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $67,929Restructured Loans and leases
  • $14,520Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,693Total interest income
  • $1,516Total interest expense
  • $14,177Net interest income
  • $1,548Provision for loan and lease losses
  • $2,612Total noninterest income
  • $0Fiduciary activities
  • $689Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,923Additional noninterest income
  • $10,150Total noninterest expense
  • $4,161Salaries and employee benefits
  • $630Premises and equipment expense
  • $5,359Additional noninterest expense
  • $5,091Pre-tax net operating income
  • $209Securities gains (losses)
  • $1,623Applicable income taxes
  • $3,677Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,677Net income attributable to bank
  • $0Net charge-offs
  • $3,677Cash dividends
  • $2,716Sale, conversion, retirement of capital stock, net
  • $3,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 4.30%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.53%Pretax return on assets
  • 10.03%Return on equity (ROE)
  • 1.85%Retained earnings to average equity (YTD only)
  • 1.11%Net charge-offs to loans
  • 57.00%Credit loss provision to net charge-offs
  • 2.44%Efficiency ratio
  • 60,456Assets per employee
  • 6.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 81.59%Loss allowance to loans
  • 2.02%Loss allowance to noncurrent loans
  • 103.70%Noncurrent assets plus other real estate owned to assets
  • 1.84%Noncurrent loans to loans
  • 1.95%Net loans and leases to deposits
  • 83.59%Net loans and leases to core deposits
  • 90.10%Equity capital to assets
  • 10.69%Core capital (leverage) ratio
  • 9.78%Tier 1 risk-based capital ratio
  • 13.70%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $346,143Average earning assets
  • $36,649Average equity
  • $329,515Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08174Bremer Bank, National Association321 South 7th Street, Brainerd, MN 56401September 16, 1889Full Service Brick and Mortar
    2228536Baxter Branch7558 Design Road, Baxter, MN 56425May 19, 1981Limited Service Facility
    4228538Baxter Cub Foods14133 Edgewood Drive North, Baxter, MN 56425July 02, 1997Full Service Retail
    53392Aitkin Branch101 Minnesota Avenue North, Aitkin, MN 56431August 28, 1900Full Service Brick and Mortar

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