Bremer Bank, National Association in Minot, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 23, 2004

  • Bremer Bank, National Association in Minot, North Dakota (ND)
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Bremer Bank, National Association - Overview

  • General
  • FDIC Certificate #: 15445
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BREMER BANK, NATIONAL ASSOCIATION (#34380)
    Federal Reserve ID: 760555
    Date Established: January 01, 1934
    WWW: http://www.bremer.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    OTS Docket #: 11636
    FDIC's unique #: 9757
    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: August 23, 2004
    Last Structure Change Process Date: September 30, 2004
    Last Data Update: September 30, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 20 First Street, S.W., Minot, ND 58701
    County: Ward
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Minot, ND (#33500)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $415.5 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, 2003)

  • Dollar figures in thousands
  • 95Total employees (full-time equivalent)
  • $419,246Total assets
  • $16,739Cash and due from depository institutions
  • $0Interest-bearing balances
  • $144,134Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $243,674Net loans & leases
  • $3,702Loan loss allowance
  • $0Trading account assets
  • $3,282Bank premises and fixed assets
  • $788Other real estate owned
  • $2,314Goodwill and other intangibles
  • $0Life insurance assets
  • $8,315All other assets
  • $419,246Total liabilities and capital
  • $390,919Total liabilities
  • $331,057Total deposits
  • $306,937Interest-bearing deposits
  • $331,057Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $46,196Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $8,666All other liabilities
  • $28,327Total equity capital
  • $28,327Total bank equity capital
  • $28,327Perpetual preferred stock
  • $0Common stock
  • $9,290Surplus
  • $15,436Undivided profits
  • Memoranda
  • $3,601Noncurrent loans and leases
  • $52,524Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,586Earning assets
  • $412Long-term assets (5+ years)
  • $3,893Average Assets, year-to-date
  • $387,808Average Assets, quarterly
  • $57,369Volatile liabilities
  • $400,584Insider loans
  • $410,684FHLB advances
  • $78,238Loans and leases held for sale
  • $3,397Unused loan commitments
  • $5,000Tier 1 (core) risk-based capital
  • $2,400Tier 2 risk-based capital
  • $263Total risk weighted assets
  • $52,524Total unused commitments
  • $151Restructured Loans and leases
  • $3,332Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $20,174Total interest income
  • $5,306Total interest expense
  • $14,868Net interest income
  • $480Provision for loan and lease losses
  • $2,782Total noninterest income
  • $0Fiduciary activities
  • $1,157Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,625Additional noninterest income
  • $9,827Total noninterest expense
  • $4,633Salaries and employee benefits
  • $637Premises and equipment expense
  • $4,557Additional noninterest expense
  • $7,343Pre-tax net operating income
  • $822Securities gains (losses)
  • $2,669Applicable income taxes
  • $5,496Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,496Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $444Sale, conversion, retirement of capital stock, net
  • $5,500Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.43%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 1.23%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 2.04%Pretax return on assets
  • 18.98%Return on equity (ROE)
  • -0.01%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 108.11%Credit loss provision to net charge-offs
  • 17.62%Efficiency ratio
  • 55,677Assets per employee
  • 4.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 100.07%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 233.42%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 73.60%Net loans and leases to core deposits
  • 80.15%Equity capital to assets
  • 6.76%Core capital (leverage) ratio
  • 6.41%Tier 1 risk-based capital ratio
  • 9.73%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $400,584Average earning assets
  • $28,958Average equity
  • $371,301Average loans

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