First Bank Anoka, National Association in city_name, state_name

First Bank Anoka, National Association in Wayzata, Minnesota (MN)
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First Bank Anoka, National Association - Overview

General
FDIC Certificate #: 10572
Status: Inactive
Closing history: Change in Location
Acquiring institution: First Bank National Association (#5199)
Federal Reserve ID: 389956
Date Established: January 30, 1892
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 6773
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: October 08, 1993
Last Structure Change Process Date: October 20, 1993
Last Data Update: October 20, 1993
Data Source Date: April 05, 2012
Location
Address: 771 East Lake Street, Wayzata, MN 55391
County: Hennepin
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): Minneapolis-St. Paul, MN-WI (#5120)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $69.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$33Total assets
$73,194Cash and due from depository institutions
$5,356Interest-bearing balances
$0Securities
$9,251Federal funds sold & reverse repurchase agreements
$26,518Net loans & leases
$29,902Loan loss allowance
$1,080Trading account assets
$0Bank premises and fixed assets
$1,396Other real estate owned
$305Goodwill and other intangibles
$466Life insurance assets
$0All other assets
$0Total liabilities and capital
$73,194Total liabilities
$68,779Total deposits
$68,445Interest-bearing deposits
$56,816Deposits held in domestic offices
68445.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$334Total equity capital
$334Total bank equity capital
$4,415Perpetual preferred stock
$0Common stock
$750Surplus
$2,700Undivided profits
Memoranda
$965Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,116Income earned, not collected on loans
$158Earning assets
$65,671Long-term assets (5+ years)
$4,926Average Assets, year-to-date
$76,333Average Assets, quarterly
$73,913Volatile liabilities
$407Insider loans
$1FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,450Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,415Total risk weighted assets
$38,056Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$5,166Total interest expense
$2,240Net interest income
$2,926Provision for loan and lease losses
$75Total noninterest income
$1,218Fiduciary activities
$0Service charges on deposit accounts
$846Trading account gains & fees
$0Additional noninterest income
$372Total noninterest expense
$3,753Salaries and employee benefits
$1,106Premises and equipment expense
$712Additional noninterest expense
$1,935Pre-tax net operating income
$316Securities gains (losses)
$0Applicable income taxes
$131Income before extraordinary items
$185Extraordinary gains - net
-$96Net income attributable to bank
$89Net charge-offs
$406Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.39%Cost of funding earning assets
3.21%Net interest margin
4.19%Noninterest income to earning assets
1.74%Noninterest expense to earning assets
5.37%Net operating income to assets
0.24%Return on assets (ROA)
0.12%Pretax return on assets
0.29%Return on equity (ROE)
2.02%Retained earnings to average equity (YTD only)
2.02%Net charge-offs to loans
1.17%Credit loss provision to net charge-offs
18.47%Efficiency ratio
90,565Assets per employee
2.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.49%Loss allowance to noncurrent loans
96.77%Noncurrent assets plus other real estate owned to assets
1.94%Noncurrent loans to loans
3.60%Net loans and leases to deposits
43.69%Net loans and leases to core deposits
43.95%Equity capital to assets
6.03%Core capital (leverage) ratio
5.86%Tier 1 risk-based capital ratio
11.60%Total risk-based capital ratio
Memoranda
$13Average assets
$76,333Average earning assets
$4,399Average equity
$69,864Average loans

First Bank Anoka, National Association in Wayzata, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Anoka, National Association - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Bank Anoka, National Association in Wayzata, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Anoka, National Association - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Bank Anoka, National Association in Wayzata, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches