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


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

  • General
  • FDIC Certificate #: 5241
    Status: Active
    Federal Reserve ID: 824550
    Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN)
    Date Established: January 01, 1920
    WWW: http://www.bremer.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11348
    FDIC's unique #: 3521
    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: 1100 St. Germain Street, Saint Cloud, MN 56301
    County: Stearns
    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
    Metropolitan Statistical Area (MSA): St. Cloud, MN (#6980)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
    CBSA Metro Statistical Area: St. Cloud, MN (#41060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $608.6 mil
    Equity capital: $58.6 mil
    Deposits held in domestic offices: $524.0 mil
    Return on assets (ROA): 1.22% ($7.4 mil)
    Quarterly return on assets: 1.27% ($7.7 mil)
    Return on Equity (ROE): 11.70% ($6.9 mil)
    Quarterly return on equity: 12.76% ($7.5 mil)
    Net income: $7.2 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 1.84% ($11,199.1 mil)
    Quarterly Pretax return on assets: 1.90% ($11,564.3 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
  • 95Total employees (full-time equivalent)
  • $608,648Total assets
  • $30,836Cash and due from depository institutions
  • $18,005Interest-bearing balances
  • $88,301Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $470,873Net loans & leases
  • $7,343Loan loss allowance
  • $0Trading account assets
  • $5,706Bank premises and fixed assets
  • $2,927Other real estate owned
  • $0Goodwill and other intangibles
  • $608,648Life insurance assets
  • $10,005All other assets
  • $550,073Total liabilities and capital
  • $523,984Total liabilities
  • $399,129Total deposits
  • $523,984Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 22310.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14Trading liabilities
  • $0Other borrowed funds
  • $3,765Subordinated debt
  • $58,575All other liabilities
  • $58,575Total equity capital
  • $58,575Total bank equity capital
  • $0Perpetual preferred stock
  • $6,000Common stock
  • $3,481Surplus
  • $49,094Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $8,097Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,940Income earned, not collected on loans
  • $675Earning assets
  • $2,205Long-term assets (5+ years)
  • $577,179Average Assets, year-to-date
  • $87,078Average Assets, quarterly
  • $585,024Volatile liabilities
  • $599,088Insider loans
  • $496,658FHLB advances
  • $592,563Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $58,536Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $177,994Restructured Loans and leases
  • $14,603Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,339Total interest income
  • $2,453Total interest expense
  • $24,886Net interest income
  • $2,946Provision for loan and lease losses
  • $5,335Total noninterest income
  • $0Fiduciary activities
  • $1,562Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,773Additional noninterest income
  • $16,778Total noninterest expense
  • $7,385Salaries and employee benefits
  • $1,227Premises and equipment expense
  • $8,166Additional noninterest expense
  • $10,497Pre-tax net operating income
  • $242Securities gains (losses)
  • $3,573Applicable income taxes
  • $7,166Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,166Net income attributable to bank
  • $0Net charge-offs
  • $7,166Cash dividends
  • $2,690Sale, conversion, retirement of capital stock, net
  • $12,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.96%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.84%Pretax return on assets
  • 11.70%Return on equity (ROE)
  • -7.89%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • 109.52%Credit loss provision to net charge-offs
  • 5.00%Efficiency ratio
  • 55,518Assets per employee
  • 6.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 167.46%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 92.48%Noncurrent assets plus other real estate owned to assets
  • 1.79%Noncurrent loans to loans
  • 1.66%Net loans and leases to deposits
  • 89.86%Net loans and leases to core deposits
  • 94.30%Equity capital to assets
  • 9.62%Core capital (leverage) ratio
  • 9.88%Tier 1 risk-based capital ratio
  • 11.79%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $585,024Average earning assets
  • $61,273Average equity
  • $557,535Average loans

List of branches

  • 5 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03521Bremer Bank, National Association1100 St. Germain Street, Saint Cloud, MN 56301January 01, 1920Full Service Brick and Mortar
    35631Rice Branch100 East Main Street, Rice, MN 56367December 21, 1916Full Service Brick and Mortar
    6207388St Cloud West Branch4150 2nd St South, Saint Cloud, MN 56301November 01, 1983Full Service Brick and Mortar
    7207389Sauk Rapids Branch110 1st Street South, Sauk Rapids, MN 56379April 18, 1994Full Service Retail
    8207390Sartell Branch520 1st Street N.E., Sartell, MN 56377January 05, 1998Full Service Retail

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