Marquette Bank Cannon Falls in Cannon Falls, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1996

Marquette Bank Cannon Falls in Cannon Falls, Minnesota (MN)
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Marquette Bank Cannon Falls - Overview

General
FDIC Certificate #: 1097
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Marquette Bank, National Association (#17373)
Federal Reserve ID: 278359
Date Established: January 08, 1927
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 742
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 1996
Last Structure Change Process Date: January 23, 1996
Last Data Update: January 23, 1996
Data Source Date: April 05, 2012
Location
Address: 123 South Fourth Street, Cannon Falls, MN 55009
County: Goodhue
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
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): Red Wing, MN (#39860)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $39.2 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$14Total assets
$39,223Cash and due from depository institutions
$993Interest-bearing balances
$0Securities
$14,086Federal funds sold & reverse repurchase agreements
$5,300Net loans & leases
$17,724Loan loss allowance
$274Trading account assets
$0Bank premises and fixed assets
$744Other real estate owned
$23Goodwill and other intangibles
$353Life insurance assets
$0All other assets
$0Total liabilities and capital
$39,223Total liabilities
$35,353Total deposits
$33,706Interest-bearing deposits
$29,948Deposits held in domestic offices
33706.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,048Subordinated debt
$0All other liabilities
$599Total equity capital
$599Total bank equity capital
$3,870Perpetual preferred stock
$0Common stock
$300Surplus
$1,700Undivided profits
Memoranda
$1,870Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$141Income earned, not collected on loans
$122Earning assets
$37,110Long-term assets (5+ years)
$8,995Average Assets, year-to-date
$37,596Average Assets, quarterly
$38,262Volatile liabilities
$5,043Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,605Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,818Total risk weighted assets
$21,854Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,702Total interest expense
$1,218Net interest income
$1,484Provision for loan and lease losses
$0Total noninterest income
$375Fiduciary activities
$0Service charges on deposit accounts
$190Trading account gains & fees
$0Additional noninterest income
$185Total noninterest expense
$1,435Salaries and employee benefits
$554Premises and equipment expense
$142Additional noninterest expense
$739Pre-tax net operating income
$424Securities gains (losses)
$3Applicable income taxes
$137Income before extraordinary items
$290Extraordinary gains - net
$0Net income attributable to bank
$290Net charge-offs
$59Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.91%Cost of funding earning assets
3.57%Net interest margin
4.35%Noninterest income to earning assets
1.10%Noninterest expense to earning assets
4.20%Net operating income to assets
0.77%Return on assets (ROA)
0.77%Pretax return on assets
1.14%Return on equity (ROE)
8.09%Retained earnings to average equity (YTD only)
8.09%Net charge-offs to loans
0.34%Credit loss provision to net charge-offs
0.00%Efficiency ratio
77,192Assets per employee
2.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
194.33%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.78%Net loans and leases to deposits
52.58%Net loans and leases to core deposits
59.65%Equity capital to assets
9.87%Core capital (leverage) ratio
10.26%Tier 1 risk-based capital ratio
17.47%Total risk-based capital ratio
Memoranda
$19Average assets
$37,596Average earning assets
$3,586Average equity
$34,145Average loans

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