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

Bremer Bank, National Association - Overview

  • General
  • FDIC Certificate #: 9343
    Status: Active
    Federal Reserve ID: 952453
    Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN)
    Date Established: January 01, 1908
    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: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12289
    FDIC's unique #: 5994
    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: Mortgage 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: 345 Fourth Avenue, International Falls, MN 56649
    County: Koochiching
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $116.5 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $95.3 mil
    Return on assets (ROA): 0.94% ($1.1 mil)
    Quarterly return on assets: 0.87% ($1.0 mil)
    Return on Equity (ROE): 13.37% ($1.1 mil)
    Quarterly return on equity: 12.04% ($1.0 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.38% ($1,607.7 mil)
    Quarterly Pretax return on assets: 1.23% ($1,432.9 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
  • 13Total employees (full-time equivalent)
  • $116,497Total assets
  • $15,481Cash and due from depository institutions
  • $14,018Interest-bearing balances
  • $48,791Securities
  • $1,624Federal funds sold & reverse repurchase agreements
  • $49,264Net loans & leases
  • $792Loan loss allowance
  • $0Trading account assets
  • $309Bank premises and fixed assets
  • $12Other real estate owned
  • $0Goodwill and other intangibles
  • $116,497Life insurance assets
  • $1,016All other assets
  • $108,295Total liabilities and capital
  • $95,297Total liabilities
  • $80,036Total deposits
  • $95,297Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 12492.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $506Subordinated debt
  • $8,202All other liabilities
  • $8,202Total equity capital
  • $8,202Total bank equity capital
  • $0Perpetual preferred stock
  • $431Common stock
  • $3,450Surplus
  • $4,321Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $314Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37Income earned, not collected on loans
  • $0Earning assets
  • $454Long-term assets (5+ years)
  • $113,697Average Assets, year-to-date
  • $28,880Average Assets, quarterly
  • $114,244Volatile liabilities
  • $114,958Insider loans
  • $53,908FHLB advances
  • $113,052Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,821Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,327Restructured Loans and leases
  • $977Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,245Total interest income
  • $850Total interest expense
  • $3,395Net interest income
  • $69Provision for loan and lease losses
  • $773Total noninterest income
  • $0Fiduciary activities
  • $288Service charges on deposit accounts
  • $0Trading account gains & fees
  • $485Additional noninterest income
  • $2,536Total noninterest expense
  • $1,154Salaries and employee benefits
  • $116Premises and equipment expense
  • $1,266Additional noninterest expense
  • $1,563Pre-tax net operating income
  • $11Securities gains (losses)
  • $497Applicable income taxes
  • $1,077Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,077Net income attributable to bank
  • $0Net charge-offs
  • $1,077Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $1,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.82%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 3.05%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 13.37%Return on equity (ROE)
  • 0.96%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 230.00%Credit loss provision to net charge-offs
  • 54.40%Efficiency ratio
  • 60,845Assets per employee
  • 8.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 92.85%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 2140.54%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 51.70%Net loans and leases to core deposits
  • 54.87%Equity capital to assets
  • 7.04%Core capital (leverage) ratio
  • 6.92%Tier 1 risk-based capital ratio
  • 14.51%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $114,244Average earning assets
  • $8,058Average equity
  • $111,211Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05994Bremer Bank, National Association345 Fourth Avenue, International Falls, MN 56649January 01, 1908Full Service Brick and Mortar

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