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

This bank is inactive as of January 01, 1997

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

  • General
  • FDIC Certificate #: 5184
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First National Bank (#5148)
    Federal Reserve ID: 915757
    Date Established: January 01, 1883
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 9761
    FDIC's unique #: 3475
    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: January 01, 1997
    Last Structure Change Process Date: January 16, 1997
    Last Data Update: January 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 65 East Broadway, Little Falls, MN 56345
    County: Morrison
    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
  • Financial Summary
  • Total assets: $234.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $84Total assets
  • $234,077Cash and due from depository institutions
  • $11,624Interest-bearing balances
  • $523Securities
  • $51,714Federal funds sold & reverse repurchase agreements
  • $1,030Net loans & leases
  • $157,412Loan loss allowance
  • $2,177Trading account assets
  • $0Bank premises and fixed assets
  • $2,766Other real estate owned
  • $12Goodwill and other intangibles
  • $8,492Life insurance assets
  • $1,027All other assets
  • $0Total liabilities and capital
  • $234,077Total liabilities
  • $215,465Total deposits
  • $199,110Interest-bearing deposits
  • $168,629Deposits held in domestic offices
  • 199110.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $829Trading liabilities
  • $0Other borrowed funds
  • $13,000Subordinated debt
  • $0All other liabilities
  • $2,526Total equity capital
  • $2,526Total bank equity capital
  • $18,612Perpetual preferred stock
  • $0Common stock
  • $4,374Surplus
  • $10,177Undivided profits
  • Memoranda
  • $4,061Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $344Income earned, not collected on loans
  • $2,014Earning assets
  • $210,679Long-term assets (5+ years)
  • $41,048Average Assets, year-to-date
  • $231,708Average Assets, quarterly
  • $233,462Volatile liabilities
  • $32,122Insider loans
  • $89FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $28,740Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $17,390Total risk weighted assets
  • $179,385Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,362Total interest expense
  • $7,665Net interest income
  • $10,697Provision for loan and lease losses
  • $504Total noninterest income
  • $1,812Fiduciary activities
  • $0Service charges on deposit accounts
  • $761Trading account gains & fees
  • $0Additional noninterest income
  • $1,051Total noninterest expense
  • $5,546Salaries and employee benefits
  • $2,520Premises and equipment expense
  • $721Additional noninterest expense
  • $2,305Pre-tax net operating income
  • $6,459Securities gains (losses)
  • $12Applicable income taxes
  • $2,312Income before extraordinary items
  • $4,159Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,159Net charge-offs
  • $383Cash dividends
  • $3,499Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.71%Cost of funding earning assets
  • 3.64%Net interest margin
  • 5.08%Noninterest income to earning assets
  • 0.86%Noninterest expense to earning assets
  • 2.63%Net operating income to assets
  • 1.79%Return on assets (ROA)
  • 1.79%Pretax return on assets
  • 2.79%Return on equity (ROE)
  • 22.87%Retained earnings to average equity (YTD only)
  • 3.63%Net charge-offs to loans
  • 0.24%Credit loss provision to net charge-offs
  • 131.59%Efficiency ratio
  • 43,401Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 84.13%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 632.85%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 79.06%Net loans and leases to core deposits
  • 87.06%Equity capital to assets
  • 7.95%Core capital (leverage) ratio
  • 6.68%Tier 1 risk-based capital ratio
  • 9.69%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $231,708Average earning assets
  • $18,187Average equity
  • $210,735Average loans

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