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

This bank is inactive as of January 03, 1995

  • Community First National Bank of Marshall in Marshall, Minnesota (MN)
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Community First National Bank of Marshall - Overview

  • General
  • FDIC Certificate #: 15502
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Community First National Bank (#5281)
    Federal Reserve ID: 693251
    Date Established: June 20, 1903
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9752
    FDIC's unique #: 9802
    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: June 01, 1937
    Last Structure Change Effective Date: January 03, 1995
    Last Structure Change Process Date: January 12, 1995
    Last Data Update: April 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1410 East College Drive, Marshall, MN 56258
    County: Lyon
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Marshall, MN (#32140)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $69.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $24Total assets
  • $69,404Cash and due from depository institutions
  • $2,709Interest-bearing balances
  • $110Securities
  • $21,865Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $42,661Loan loss allowance
  • $571Trading account assets
  • $0Bank premises and fixed assets
  • $770Other real estate owned
  • $0Goodwill and other intangibles
  • $1,399Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $69,404Total liabilities
  • $64,764Total deposits
  • $60,448Interest-bearing deposits
  • $53,838Deposits held in domestic offices
  • 60448.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $1,943Trading liabilities
  • $0Other borrowed funds
  • $1,850Subordinated debt
  • $0All other liabilities
  • $523Total equity capital
  • $523Total bank equity capital
  • $4,640Perpetual preferred stock
  • $0Common stock
  • $1,150Surplus
  • $1,920Undivided profits
  • Memoranda
  • $1,570Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $17Income earned, not collected on loans
  • $487Earning assets
  • $64,636Long-term assets (5+ years)
  • $10,172Average Assets, year-to-date
  • $68,454Average Assets, quarterly
  • $68,896Volatile liabilities
  • $7,545Insider loans
  • $23FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,471Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,675Total risk weighted assets
  • $47,861Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,619Total interest expense
  • $1,828Net interest income
  • $2,791Provision for loan and lease losses
  • $85Total noninterest income
  • $360Fiduciary activities
  • $0Service charges on deposit accounts
  • $270Trading account gains & fees
  • $0Additional noninterest income
  • $90Total noninterest expense
  • $1,754Salaries and employee benefits
  • $702Premises and equipment expense
  • $197Additional noninterest expense
  • $855Pre-tax net operating income
  • $1,312Securities gains (losses)
  • $26Applicable income taxes
  • $502Income before extraordinary items
  • $836Extraordinary gains - net
  • $0Net income attributable to bank
  • $836Net charge-offs
  • $3Cash dividends
  • $1,006Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.18%Cost of funding earning assets
  • 2.84%Net interest margin
  • 4.34%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 2.73%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 1.95%Return on equity (ROE)
  • 17.62%Retained earnings to average equity (YTD only)
  • -3.58%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 2833.33%Efficiency ratio
  • 55,665Assets per employee
  • 2.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 120.33%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 3358.82%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 70.57%Net loans and leases to core deposits
  • 75.25%Equity capital to assets
  • 6.69%Core capital (leverage) ratio
  • 6.85%Tier 1 risk-based capital ratio
  • 9.77%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $68,454Average earning assets
  • $4,744Average equity
  • $64,304Average loans

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