First National Bank in Milnor, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First National Bank in Milnor, North Dakota (ND)
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First National Bank - Overview

  • General
  • FDIC Certificate #: 3948
    Status: Active
    Federal Reserve ID: 820655
    Bank Holding Company (Regulatory Top Holder): Fnb Bankshares, Inc. (RSSDID: 2352495, Location: Milnor, ND)
    Date Established: January 01, 1906
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 2573
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 414 Main Street, Milnor, ND 58060
    County: Sargent
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $67.5 mil
    Equity capital: $9.9 mil
    Deposits held in domestic offices: $57.3 mil
    Return on assets (ROA): 1.34% ($0.9 mil)
    Quarterly return on assets: 1.36% ($0.9 mil)
    Return on Equity (ROE): 9.05% ($0.9 mil)
    Quarterly return on equity: 9.02% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.43% ($964.7 mil)
    Quarterly Pretax return on assets: 1.45% ($978.2 mil)

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

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $67,463Total assets
  • $5,102Cash and due from depository institutions
  • $895Interest-bearing balances
  • $29,614Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $31,369Net loans & leases
  • $349Loan loss allowance
  • $0Trading account assets
  • $521Bank premises and fixed assets
  • $83Other real estate owned
  • $0Goodwill and other intangibles
  • $67,463Life insurance assets
  • $774All other assets
  • $57,520Total liabilities and capital
  • $57,250Total liabilities
  • $45,370Total deposits
  • $57,250Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $270Subordinated debt
  • $9,943All other liabilities
  • $9,943Total equity capital
  • $9,943Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $360Surplus
  • $9,283Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $594Long-term assets (5+ years)
  • $61,878Average Assets, year-to-date
  • $22,480Average Assets, quarterly
  • $64,508Volatile liabilities
  • $66,020Insider loans
  • $39,078FHLB advances
  • $65,509Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,053Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,640Restructured Loans and leases
  • $665Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,946Total interest income
  • $434Total interest expense
  • $2,512Net interest income
  • $10Provision for loan and lease losses
  • $275Total noninterest income
  • $0Fiduciary activities
  • $173Service charges on deposit accounts
  • $0Trading account gains & fees
  • $102Additional noninterest income
  • $1,854Total noninterest expense
  • $1,189Salaries and employee benefits
  • $212Premises and equipment expense
  • $453Additional noninterest expense
  • $923Pre-tax net operating income
  • $0Securities gains (losses)
  • $60Applicable income taxes
  • $863Income before extraordinary items
  • $0Extraordinary gains - net
  • $863Net income attributable to bank
  • $0Net charge-offs
  • $863Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $504Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 3.05%Noninterest expense to earning assets
  • 1.34%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 1.43%Pretax return on assets
  • 9.05%Return on equity (ROE)
  • 3.77%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 1000.00%Credit loss provision to net charge-offs
  • 933.00%Efficiency ratio
  • 66,523Assets per employee
  • 3.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.40%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 54.79%Net loans and leases to core deposits
  • 55.93%Equity capital to assets
  • 14.74%Core capital (leverage) ratio
  • 13.82%Tier 1 risk-based capital ratio
  • 23.17%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $64,508Average earning assets
  • $9,534Average equity
  • $60,825Average loans

List of branches

  • 2 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02573First National Bank414 Main Street, Milnor, ND 58060January 01, 1906Full Service Brick and Mortar
    1202177Lisbon Branch305 Main Street, Lisbon, ND 58054March 07, 1996Full Service Brick and Mortar

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