Northwestern Savings Bank, F.S.B. in Fargo, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 02, 1996

  • Northwestern Savings Bank, F.S.B. in Fargo, North Dakota (ND)
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Northwestern Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 28566
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American Federal Bank (#29140)
    Federal Reserve ID: 484178
    Date Established: January 01, 1893
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1857
    FDIC's unique #: 41400
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 16, 1956
    Last Structure Change Effective Date: August 02, 1996
    Last Structure Change Process Date: August 26, 1996
    Last Data Update: August 26, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 720 Main Avenue, Fargo, ND 58102
    County: Cass
    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
    Metropolitan Statistical Area (MSA): Fargo-Moorhead, ND-MN (#2520)
    Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
    Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
    CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
  • Financial Summary
  • Total assets: $72.2 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)
  • $33Total assets
  • $70,678Cash and due from depository institutions
  • $3,632Interest-bearing balances
  • $3,526Securities
  • $6,204Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $55,602Loan loss allowance
  • $851Trading account assets
  • $0Bank premises and fixed assets
  • $2,363Other real estate owned
  • $41Goodwill and other intangibles
  • $2,836Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $70,678Total liabilities
  • $63,649Total deposits
  • $54,978Interest-bearing deposits
  • $54,978Deposits held in domestic offices
  • 54978.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $6,075Subordinated debt
  • $0All other liabilities
  • $2,596Total equity capital
  • $2,596Total bank equity capital
  • $7,029Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,395Undivided profits
  • Memoranda
  • $4,534Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $48Income earned, not collected on loans
  • $373Earning assets
  • $65,332Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $63,768Average Assets, quarterly
  • $67,725Volatile liabilities
  • $7,397Insider loans
  • $7FHLB advances
  • $6,075Loans and leases held for sale
  • $0Unused loan commitments
  • $3,162Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,015Total risk weighted assets
  • $41,789Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,619Total interest expense
  • $2,818Net interest income
  • $1,801Provision for loan and lease losses
  • $0Total noninterest income
  • $512Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $512Total noninterest expense
  • $2,149Salaries and employee benefits
  • $1,033Premises and equipment expense
  • $492Additional noninterest expense
  • $624Pre-tax net operating income
  • $164Securities gains (losses)
  • $210Applicable income taxes
  • -$36Income before extraordinary items
  • $410Extraordinary gains - net
  • $0Net income attributable to bank
  • $410Net charge-offs
  • -$2Cash 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
  • 7.88%Cost of funding earning assets
  • 4.81%Net interest margin
  • 3.07%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 3.67%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 0.59%Return on equity (ROE)
  • 6.08%Retained earnings to average equity (YTD only)
  • 6.08%Net charge-offs to loans
  • -0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 92,910Assets per employee
  • 2.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.51%Loss allowance to noncurrent loans
  • 1772.92%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 101.13%Net loans and leases to core deposits
  • 103.63%Equity capital to assets
  • 9.95%Core capital (leverage) ratio
  • 9.93%Tier 1 risk-based capital ratio
  • 16.79%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $63,768Average earning assets
  • $6,746Average equity
  • $58,600Average loans

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