First Bank Central, National Association in St. Cloud, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 08, 1993

  • First Bank Central, National Association in St. Cloud, Minnesota (MN)
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First Bank Central, National Association - Overview

  • General
  • FDIC Certificate #: 22718
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank National Association (#5199)
    Federal Reserve ID: 178552
    Date Established: September 18, 1978
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 15859
    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: September 18, 1978
    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: 3950 North Third Street, St. Cloud, MN 56301
    County: Stearns
    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): St. Cloud, MN (#6980)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
    CBSA Metro Statistical Area: St. Cloud, MN (#41060)
  • Financial Summary
  • Total assets: $266.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $96Total assets
  • $298,883Cash and due from depository institutions
  • $25,758Interest-bearing balances
  • $200Securities
  • $24,710Federal funds sold & reverse repurchase agreements
  • $30,017Net loans & leases
  • $211,204Loan loss allowance
  • $1,951Trading account assets
  • $0Bank premises and fixed assets
  • $3,989Other real estate owned
  • $188Goodwill and other intangibles
  • $3,017Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $298,883Total liabilities
  • $280,849Total deposits
  • $271,000Interest-bearing deposits
  • $221,453Deposits held in domestic offices
  • 271000.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $7,550All other liabilities
  • $2,299Total equity capital
  • $2,299Total bank equity capital
  • $18,034Perpetual preferred stock
  • $0Common stock
  • $5,500Surplus
  • $11,916Undivided profits
  • Memoranda
  • $618Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $589Income earned, not collected on loans
  • $971Earning assets
  • $266,131Long-term assets (5+ years)
  • $25,754Average Assets, year-to-date
  • $287,169Average Assets, quarterly
  • $288,420Volatile liabilities
  • $12,253Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $213,929Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $18,034Total risk weighted assets
  • $220,883Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $20,539Total interest expense
  • $10,457Net interest income
  • $10,082Provision for loan and lease losses
  • $521Total noninterest income
  • $3,238Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,073Trading account gains & fees
  • $0Additional noninterest income
  • $2,165Total noninterest expense
  • $11,011Salaries and employee benefits
  • $3,268Premises and equipment expense
  • $901Additional noninterest expense
  • $6,842Pre-tax net operating income
  • $1,788Securities gains (losses)
  • $0Applicable income taxes
  • $707Income before extraordinary items
  • $1,081Extraordinary gains - net
  • $1,387Net income attributable to bank
  • $2,468Net charge-offs
  • $287Cash 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
  • 7.79%Cost of funding earning assets
  • 3.97%Net interest margin
  • 3.82%Noninterest income to earning assets
  • 1.23%Noninterest expense to earning assets
  • 4.18%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 1.11%Return on equity (ROE)
  • 15.17%Retained earnings to average equity (YTD only)
  • 15.17%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 181.53%Efficiency ratio
  • 82,665Assets per employee
  • 3.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.92%Loss allowance to noncurrent loans
  • 331.24%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 77.94%Net loans and leases to core deposits
  • 81.63%Equity capital to assets
  • 6.03%Core capital (leverage) ratio
  • 6.30%Tier 1 risk-based capital ratio
  • 8.16%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $287,169Average earning assets
  • $16,272Average equity
  • $263,597Average loans

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