Pine Country Bank in Little Falls, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pine Country Bank - Overview

  • General
  • FDIC Certificate #: 13652
    Status: Active
    Federal Reserve ID: 761459
    Bank Holding Company (Regulatory Top Holder): Tysan Corporation, The (RSSDID: 1125085, Location: Minneapolis, MN)
    Date Established: May 11, 1927
    WWW: http://www.pinecountrybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 14180
    FDIC's unique #: 8530
    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: No
    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: 1201 1st Avenue Ne, Little Falls, MN 56345
    County: Morrison
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $150.9 mil
    Equity capital: $10.9 mil
    Deposits held in domestic offices: $138.7 mil
    Return on assets (ROA): 0.75% ($1.1 mil)
    Quarterly return on assets: 0.80% ($1.2 mil)
    Return on Equity (ROE): 10.91% ($1.2 mil)
    Quarterly return on equity: 11.27% ($1.2 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.13% ($1,704.9 mil)
    Quarterly Pretax return on assets: 1.27% ($1,916.1 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
  • 35Total employees (full-time equivalent)
  • $150,874Total assets
  • $4,685Cash and due from depository institutions
  • $3,279Interest-bearing balances
  • $51,902Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $86,912Net loans & leases
  • $1,160Loan loss allowance
  • $0Trading account assets
  • $3,829Bank premises and fixed assets
  • $986Other real estate owned
  • $390Goodwill and other intangibles
  • $150,874Life insurance assets
  • $2,170All other assets
  • $139,988Total liabilities and capital
  • $138,714Total liabilities
  • $121,242Total deposits
  • $138,714Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 800.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $474Subordinated debt
  • $10,886All other liabilities
  • $10,886Total equity capital
  • $10,886Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $7,181Surplus
  • $3,605Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,771Income earned, not collected on loans
  • $1,506Earning assets
  • $1,096Long-term assets (5+ years)
  • $142,093Average Assets, year-to-date
  • $61,683Average Assets, quarterly
  • $147,313Volatile liabilities
  • $152,485Insider loans
  • $103,058FHLB advances
  • $152,718Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,744Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,852Restructured Loans and leases
  • $477Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,232Total interest income
  • $1,439Total interest expense
  • $5,793Net interest income
  • $204Provision for loan and lease losses
  • $470Total noninterest income
  • $0Fiduciary activities
  • $297Service charges on deposit accounts
  • $0Trading account gains & fees
  • $173Additional noninterest income
  • $4,245Total noninterest expense
  • $2,384Salaries and employee benefits
  • $912Premises and equipment expense
  • $949Additional noninterest expense
  • $1,814Pre-tax net operating income
  • -$143Securities gains (losses)
  • $571Applicable income taxes
  • $1,100Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,100Net income attributable to bank
  • $0Net charge-offs
  • $1,100Cash dividends
  • $124Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.23%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 4.19%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 10.91%Return on equity (ROE)
  • 10.91%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 164.52%Credit loss provision to net charge-offs
  • 16.27%Efficiency ratio
  • 67,779Assets per employee
  • 4.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 30.76%Noncurrent assets plus other real estate owned to assets
  • 3.15%Noncurrent loans to loans
  • 4.28%Net loans and leases to deposits
  • 62.66%Net loans and leases to core deposits
  • 65.61%Equity capital to assets
  • 7.22%Core capital (leverage) ratio
  • 7.04%Tier 1 risk-based capital ratio
  • 10.43%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $147,313Average earning assets
  • $10,082Average equity
  • $138,221Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08530Pine Country Bank1201 1st Avenue Ne, Little Falls, MN 56345May 11, 1927Full Service Brick and Mortar
    1229752Detached FacilityMain Street, Bowlus, MN 56314November 01, 1983Limited Service Facility
    2229753Royalton Branch412 North Highway 10, Royalton, MN 56373August 23, 1999Full Service Brick and Mortar
    3474191Rice Office Branch750 125th Street, Rice, MN 56367April 14, 2008Full Service Brick and Mortar

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