First United Bank in city_name, state_name - Detailed Financial Reports, Location

First United Bank in Park River, North Dakota (ND)
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First United Bank routing number info

First United Bank - Overview

General
FDIC Certificate #: 15472
Status: Active
Federal Reserve ID: 1011955
Bank Holding Company (Regulatory Top Holder): First Holding Company Of Park River, Inc (RSSDID: 1140266, Location: Park River, ND)
Date Established: January 01, 1886
WWW: http://www.firstunitedonline.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
FDIC's unique #: 9778
Numeric code: 21
Regulator: FDIC
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: Yes
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: 503 Briggs Avenue South, Park River, ND 58270
County: Walsh
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
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: $148.3 mil
Equity capital: $11.9 mil
Deposits held in domestic offices: $128.6 mil
Return on assets (ROA): 1.39% ($2.1 mil)
Quarterly return on assets: 1.37% ($2.0 mil)
Return on Equity (ROE): 16.89% ($2.0 mil)
Quarterly return on equity: 16.76% ($2.0 mil)
Net income: $1.9 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.49% ($2,209.8 mil)
Quarterly Pretax return on assets: 1.45% ($2,150.5 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
34Total employees (full-time equivalent)
$148,310Total assets
$8,175Cash and due from depository institutions
$2,898Interest-bearing balances
$28,845Securities
$3,800Federal funds sold & reverse repurchase agreements
$101,128Net loans & leases
$1,457Loan loss allowance
$0Trading account assets
$2,028Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$148,310Life insurance assets
$4,334All other assets
$136,367Total liabilities and capital
$128,579Total liabilities
$101,450Total deposits
$128,579Interest-bearing deposits
$89Deposits held in domestic offices
5040.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$748Subordinated debt
$11,943All other liabilities
$11,943Total equity capital
$11,943Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$5,050Surplus
$6,293Undivided profits
Memoranda
$0Noncurrent loans and leases
$231Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,053Income earned, not collected on loans
$58Earning assets
$1,652Long-term assets (5+ years)
$136,671Average Assets, year-to-date
$23,164Average Assets, quarterly
$137,939Volatile liabilities
$144,441Insider loans
$111,607FHLB advances
$144,792Loans and leases held for sale
$1,865Unused loan commitments
$1,865Tier 1 (core) risk-based capital
$11,585Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$33,271Restructured Loans and leases
$847Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,432Total interest income
$1,105Total interest expense
$5,327Net interest income
$220Provision for loan and lease losses
$570Total noninterest income
$0Fiduciary activities
$294Service charges on deposit accounts
$0Trading account gains & fees
$276Additional noninterest income
$3,622Total noninterest expense
$2,090Salaries and employee benefits
$472Premises and equipment expense
$1,060Additional noninterest expense
$2,055Pre-tax net operating income
$0Securities gains (losses)
$134Applicable income taxes
$1,921Income before extraordinary items
$0Extraordinary gains - net
$1,921Net income attributable to bank
$0Net charge-offs
$1,921Cash dividends
$130Sale, conversion, retirement of capital stock, net
$1,300Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.03%Yield on earning assets
0.86%Cost of funding earning assets
4.17%Net interest margin
0.45%Noninterest income to earning assets
2.83%Noninterest expense to earning assets
1.39%Net operating income to assets
1.39%Return on assets (ROA)
1.49%Pretax return on assets
16.89%Return on equity (ROE)
5.46%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
169.23%Credit loss provision to net charge-offs
17.50%Efficiency ratio
61,421Assets per employee
4.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.67%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
138.37%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
1.03%Net loans and leases to deposits
78.65%Net loans and leases to core deposits
81.45%Equity capital to assets
8.05%Core capital (leverage) ratio
8.00%Tier 1 risk-based capital ratio
10.38%Total risk-based capital ratio
Memoranda
$12Average assets
$137,939Average earning assets
$11,374Average equity
$127,782Average loans

List of branches

6 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9778	First United Bank	503 Briggs Avenue South, Park River, ND 58270	January 01, 1886	Full Service Brick and Mortar
2	6560	Adams Branch	Main Street, Adams, ND 58210	January 01, 1905	Full Service Brick and Mortar
3	6568	Lamb's Branch	Main Street, Michigan, ND 58259	January 02, 1900	Full Service Brick and Mortar
4	234046	Grafton Branch	1011 West 11th Street, Grafton, ND 58237	September 01, 1998	Full Service Brick and Mortar
6	516194	First United Bank Hoople Branch	234 2nd Street, Hoople, ND 58243	January 10, 2011	Full Service Brick and Mortar
7	522234	First United Bank	600 North 6th Street, Crystal, ND 58222	July 20, 2011	Full Service Brick and Mortar

Richard Kuntz

⚠

Nov 15, 2023 @ 4:16 pm

i have a question what is the dollar amount of commercial real estate loans that first united is holding and what is the amount coming due in 2024 and 2025?

First United Bank in Park River, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First United Bank in Park River, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First United Bank in Park River, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches