The First National Bank of Bemidji in Bemidji, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


The First National Bank of Bemidji - Overview

  • General
  • FDIC Certificate #: 5093
    Status: Active
    Federal Reserve ID: 363657
    Bank Holding Company (Regulatory Top Holder): First National Bank Of Bemidji Esop And Trust (RSSDID: 1248546, Location: Bemidji, MN)
    Date Established: November 27, 1897
    WWW: http://www.fnbbemidji.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 3403
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 19, 2008
    Last Structure Change Process Date: May 30, 2008
    Last Data Update: May 30, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1600 Paul Bunyan Dr, Bemidji, MN 56601
    County: Beltrami
    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
    Core Based Statistical Area (CBSA): Bemidji, MN (#13420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $555.6 mil
    Equity capital: $78.4 mil
    Deposits held in domestic offices: $442.4 mil
    Return on assets (ROA): 1.88% ($10.5 mil)
    Quarterly return on assets: 1.60% ($8.9 mil)
    Return on Equity (ROE): 13.72% ($10.7 mil)
    Quarterly return on equity: 11.36% ($8.9 mil)
    Net income: $10.1 mil
    Quarterly Net income: $2.2 mil
    Pretax return on assets: 1.88% ($10,445.8 mil)
    Quarterly Pretax return on assets: 1.60% ($8,890.1 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
  • 105Total employees (full-time equivalent)
  • $555,629Total assets
  • $27,642Cash and due from depository institutions
  • $19,661Interest-bearing balances
  • $236,110Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $265,246Net loans & leases
  • $2,324Loan loss allowance
  • $0Trading account assets
  • $12,277Bank premises and fixed assets
  • $2,690Other real estate owned
  • $351Goodwill and other intangibles
  • $555,629Life insurance assets
  • $11,313All other assets
  • $477,239Total liabilities and capital
  • $442,450Total liabilities
  • $385,473Total deposits
  • $442,450Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 33461.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,328Subordinated debt
  • $78,390All other liabilities
  • $78,390Total equity capital
  • $78,390Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $3,000Surplus
  • $72,390Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $526Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,227Income earned, not collected on loans
  • $0Earning assets
  • $1,428Long-term assets (5+ years)
  • $521,017Average Assets, year-to-date
  • $176,733Average Assets, quarterly
  • $538,900Volatile liabilities
  • $553,998Insider loans
  • $307,050FHLB advances
  • $559,505Loans and leases held for sale
  • $5,896Unused loan commitments
  • $5,896Tier 1 (core) risk-based capital
  • $70,475Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,037Restructured Loans and leases
  • $4,435Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,585Total interest income
  • $6,439Total interest expense
  • $18,146Net interest income
  • $300Provision for loan and lease losses
  • $2,579Total noninterest income
  • $0Fiduciary activities
  • $977Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,602Additional noninterest income
  • $10,318Total noninterest expense
  • $5,839Salaries and employee benefits
  • $1,399Premises and equipment expense
  • $3,080Additional noninterest expense
  • $10,107Pre-tax net operating income
  • $15Securities gains (losses)
  • $5Applicable income taxes
  • $10,117Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,117Net income attributable to bank
  • $0Net charge-offs
  • $10,117Cash dividends
  • $457Sale, conversion, retirement of capital stock, net
  • $5,979Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.85%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.58%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 2.04%Noninterest expense to earning assets
  • 1.87%Net operating income to assets
  • 1.88%Return on assets (ROA)
  • 1.88%Pretax return on assets
  • 13.72%Return on equity (ROE)
  • 5.61%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 65.65%Credit loss provision to net charge-offs
  • 22.77%Efficiency ratio
  • 49,785Assets per employee
  • 5.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.10%Loss allowance to loans
  • 0.87%Loss allowance to noncurrent loans
  • 72.02%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 59.95%Net loans and leases to core deposits
  • 64.68%Equity capital to assets
  • 14.11%Core capital (leverage) ratio
  • 12.60%Tier 1 risk-based capital ratio
  • 22.95%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $538,900Average earning assets
  • $73,753Average equity
  • $506,984Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03403The First National Bank Of Bemidji1600 Paul Bunyan Dr, Bemidji, MN 56601November 27, 1897Full Service Brick and Mortar
    2207104Express Branch429 Minnesota Avenue, Bemidji, MN 56619December 15, 1987Full Service Brick and Mortar
    3334407South Branch607 Washington Avenue S, Bemidji, MN 56601May 05, 2000Full Service Brick and Mortar
    4429937Fnbbemidji.Com Branch502 Minnesota Ave, Bemidji, MN 56619June 30, 2004Full Service Cyber

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Bemidji.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents