Northland Security Bank in Ramsey, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 05, 2000

  • Northland Security Bank in Ramsey, Minnesota (MN)
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Northland Security Bank - Overview

  • General
  • FDIC Certificate #: 34226
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First National Bank (#5148)
    Federal Reserve ID: 2474315
    Date Established: August 22, 1996
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    OTS Docket #: 15426
    FDIC's unique #: 56985
    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: August 22, 1996
    Last Structure Change Effective Date: May 05, 2000
    Last Structure Change Process Date: June 07, 2000
    Last Data Update: June 07, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 14125 St. Francis Boulevard, Ramsey, MN 55303
    County: Anoka
    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): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • Financial Summary
  • Total assets: $36.4 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $34,650Total assets
  • $832Cash and due from depository institutions
  • $53Interest-bearing balances
  • $4,357Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $27,951Net loans & leases
  • $267Loan loss allowance
  • $0Trading account assets
  • $1,205Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $305All other assets
  • $34,650Total liabilities and capital
  • $31,613Total liabilities
  • $29,703Total deposits
  • $24,531Interest-bearing deposits
  • $29,703Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,200Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $500Other borrowed funds
  • $0Subordinated debt
  • $210All other liabilities
  • $3,037Total equity capital
  • $3,037Total bank equity capital
  • $3,037Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,900Undivided profits
  • Memoranda
  • $37Noncurrent loans and leases
  • $4,354Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $25Earning assets
  • $0Long-term assets (5+ years)
  • $147Average Assets, year-to-date
  • $32,361Average Assets, quarterly
  • $6,593Volatile liabilities
  • $34,048Insider loans
  • $34,274FHLB advances
  • $4,702Loans and leases held for sale
  • $44Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,354Total unused commitments
  • $0Restructured Loans and leases
  • $267Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,763Total interest income
  • $1,251Total interest expense
  • $1,512Net interest income
  • $77Provision for loan and lease losses
  • $111Total noninterest income
  • $0Fiduciary activities
  • $88Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23Additional noninterest income
  • $1,091Total noninterest expense
  • $553Salaries and employee benefits
  • $137Premises and equipment expense
  • $401Additional noninterest expense
  • $455Pre-tax net operating income
  • $0Securities gains (losses)
  • $24Applicable income taxes
  • $431Income before extraordinary items
  • $0Extraordinary gains - net
  • $431Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $217Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.80%Yield on earning assets
  • 3.99%Cost of funding earning assets
  • 4.82%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 3.48%Noninterest expense to earning assets
  • 1.27%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 14.03%Return on equity (ROE)
  • 6.96%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 285.19%Credit loss provision to net charge-offs
  • 19.70%Efficiency ratio
  • 67,221Assets per employee
  • 2.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.35%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 1068.00%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 94.10%Net loans and leases to core deposits
  • 106.68%Equity capital to assets
  • 8.76%Core capital (leverage) ratio
  • 9.46%Tier 1 risk-based capital ratio
  • 10.98%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $34,048Average earning assets
  • $3,073Average equity
  • $31,391Average loans

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