Community First National Bank in city_name, state_name - Detailed Financial Reports, Location

Community First National Bank in Fergus Falls, Minnesota (MN)
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Community First National Bank - Overview

General
FDIC Certificate #: 5148
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First National Bank (#3924)
Federal Reserve ID: 941055
Date Established: July 25, 1872
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 24 (Interstate: No)
OTS Docket #: 9797
FDIC's unique #: 3448
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 29, 2000
Last Structure Change Process Date: September 26, 2000
Last Data Update: September 26, 2000
Data Source Date: April 05, 2012
Location
Address: 120 Mill Street North, Fergus Falls, MN 56537
County: Otter Tail
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Fergus Falls, MN (#22260)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $935.0 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
207Total employees (full-time equivalent)
$872,099Total assets
$30,071Cash and due from depository institutions
$67Interest-bearing balances
$184,337Securities
$0Federal funds sold & reverse repurchase agreements
$609,788Net loans & leases
$8,487Loan loss allowance
$0Trading account assets
$8,276Bank premises and fixed assets
$547Other real estate owned
$2,985Goodwill and other intangibles
$0Life insurance assets
$36,095All other assets
$872,099Total liabilities and capital
$805,046Total liabilities
$698,731Total deposits
$661,147Interest-bearing deposits
$698,731Deposits held in domestic offices
0.00%% insured (estimated)
$35,160Federal funds purchased & repurchase agreements
$0Trading liabilities
$62,000Other borrowed funds
$0Subordinated debt
$9,155All other liabilities
$67,053Total equity capital
$67,053Total bank equity capital
$67,053Perpetual preferred stock
$0Common stock
$10,000Surplus
$35,646Undivided profits
Memoranda
$21,407Noncurrent loans and leases
$133,110Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,434Earning assets
$0Long-term assets (5+ years)
$7,176Average Assets, year-to-date
$794,192Average Assets, quarterly
$165,853Volatile liabilities
$855,246Insider loans
$871,604FHLB advances
$208,707Loans and leases held for sale
$332Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$701Total risk weighted assets
$133,110Total unused commitments
$0Restructured Loans and leases
$8,509Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$65,786Total interest income
$27,466Total interest expense
$38,320Net interest income
$2,576Provision for loan and lease losses
$7,427Total noninterest income
$0Fiduciary activities
$3,873Service charges on deposit accounts
$0Trading account gains & fees
$3,554Additional noninterest income
$19,151Total noninterest expense
$8,464Salaries and employee benefits
$2,085Premises and equipment expense
$8,602Additional noninterest expense
$24,020Pre-tax net operating income
$47Securities gains (losses)
$8,013Applicable income taxes
$16,054Income before extraordinary items
$0Extraordinary gains - net
$16,054Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,651Sale, conversion, retirement of capital stock, net
$11,500Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.42%Yield on earning assets
3.51%Cost of funding earning assets
4.90%Net interest margin
0.95%Noninterest income to earning assets
2.45%Noninterest expense to earning assets
1.87%Net operating income to assets
1.88%Return on assets (ROA)
2.81%Pretax return on assets
23.84%Return on equity (ROE)
6.76%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
156.03%Credit loss provision to net charge-offs
16.11%Efficiency ratio
40,910Assets per employee
4.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.63%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
591.84%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.23%Net loans and leases to deposits
87.27%Net loans and leases to core deposits
104.20%Equity capital to assets
7.69%Core capital (leverage) ratio
7.79%Tier 1 risk-based capital ratio
9.74%Total risk-based capital ratio
Memoranda
$11Average assets
$855,246Average earning assets
$67,347Average equity
$781,742Average loans

Community First National Bank in Fergus Falls, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community First National Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

Comment about this bank, ask questions, or add new information about it:

Community First National Bank in Fergus Falls, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Community First National Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

Comment about this bank, ask questions, or add new information about it:

Community First National Bank in Fergus Falls, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches