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

First National Bank Minnesota - Overview

  • General
  • FDIC Certificate #: 5247
    Status: Active
    Federal Reserve ID: 197759
    Bank Holding Company (Regulatory Top Holder): Bancommunity Service Corporation (RSSDID: 1128460, Location: Saint Peter, MN)
    Date Established: January 01, 1857
    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: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 10083
    FDIC's unique #: 3526
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending 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: 226 West Nassau Street, St. Peter, MN 56082
    County: Nicollet
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Mankato
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Mankato-North Mankato, MN (#31860)
    CBSA Metro Statistical Area: Mankato-North Mankato, MN (#31860)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $190.1 mil
    Equity capital: $21.2 mil
    Deposits held in domestic offices: $164.2 mil
    Return on assets (ROA): 0.51% ($1.0 mil)
    Quarterly return on assets: 0.74% ($1.4 mil)
    Return on Equity (ROE): 4.60% ($1.0 mil)
    Quarterly return on equity: 6.69% ($1.4 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.68% ($1,293.0 mil)
    Quarterly Pretax return on assets: 0.87% ($1,654.3 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
  • 56Total employees (full-time equivalent)
  • $190,145Total assets
  • $21,111Cash and due from depository institutions
  • $16,922Interest-bearing balances
  • $35,982Securities
  • $6,817Federal funds sold & reverse repurchase agreements
  • $109,970Net loans & leases
  • $2,669Loan loss allowance
  • $0Trading account assets
  • $3,659Bank premises and fixed assets
  • $4,191Other real estate owned
  • $510Goodwill and other intangibles
  • $190,145Life insurance assets
  • $7,905All other assets
  • $168,910Total liabilities and capital
  • $164,212Total liabilities
  • $145,408Total deposits
  • $164,212Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 500.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,375Trading liabilities
  • $0Other borrowed funds
  • $823Subordinated debt
  • $21,235All other liabilities
  • $21,235Total equity capital
  • $21,235Total bank equity capital
  • $0Perpetual preferred stock
  • $1,512Common stock
  • $9,622Surplus
  • $10,101Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $214Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,154Income earned, not collected on loans
  • $0Earning assets
  • $978Long-term assets (5+ years)
  • $169,691Average Assets, year-to-date
  • $24,150Average Assets, quarterly
  • $187,372Volatile liabilities
  • $189,825Insider loans
  • $125,242FHLB advances
  • $189,030Loans and leases held for sale
  • $5,588Unused loan commitments
  • $5,588Tier 1 (core) risk-based capital
  • $20,031Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,569Restructured Loans and leases
  • $2,678Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,758Total interest income
  • $1,177Total interest expense
  • $6,581Net interest income
  • $250Provision for loan and lease losses
  • $1,497Total noninterest income
  • $0Fiduciary activities
  • $411Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,086Additional noninterest income
  • $6,557Total noninterest expense
  • $2,874Salaries and employee benefits
  • $781Premises and equipment expense
  • $2,902Additional noninterest expense
  • $1,271Pre-tax net operating income
  • $0Securities gains (losses)
  • $321Applicable income taxes
  • $950Income before extraordinary items
  • $0Extraordinary gains - net
  • $950Net income attributable to bank
  • $0Net charge-offs
  • $950Cash dividends
  • $805Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 3.93%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 3.92%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 4.60%Return on equity (ROE)
  • 4.60%Retained earnings to average equity (YTD only)
  • 0.71%Net charge-offs to loans
  • 31.06%Credit loss provision to net charge-offs
  • 1.89%Efficiency ratio
  • 81,171Assets per employee
  • 3.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 51.79%Noncurrent assets plus other real estate owned to assets
  • 4.91%Noncurrent loans to loans
  • 4.58%Net loans and leases to deposits
  • 66.97%Net loans and leases to core deposits
  • 68.87%Equity capital to assets
  • 11.17%Core capital (leverage) ratio
  • 10.60%Tier 1 risk-based capital ratio
  • 15.99%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $187,372Average earning assets
  • $20,667Average equity
  • $167,442Average loans

List of branches

  • 3 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03526First National Bank Minnesota226 West Nassau Street, St. Peter, MN 56082January 01, 1857Full Service Brick and Mortar
    1284128Gaylord Branch209 Main Avenue, Gaylord, MN 55334January 01, 1905Full Service Brick and Mortar
    28342Mankato Branch500 Long Street, Mankato, MN 56002March 15, 1913Full Service Brick and Mortar

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