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


  • The First National Bank of Cold Spring in Cold Spring, Minnesota (MN)
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The First National Bank of Cold Spring - Overview

  • General
  • FDIC Certificate #: 5116
    Status: Active
    Federal Reserve ID: 311256
    Bank Holding Company (Regulatory Top Holder): First Bancshares, Inc., Of Cold Spring (RSSDID: 1247969, Location: Cold Spring, MN)
    Date Established: January 01, 1902
    WWW: http://www.fnbcs.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: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 14374
    FDIC's unique #: 3422
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Main Street, Cold Spring, MN 56320
    County: Stearns
    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): St. Cloud, MN (#6980)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
    CBSA Metro Statistical Area: St. Cloud, MN (#41060)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $75.1 mil
    Equity capital: $8.4 mil
    Deposits held in domestic offices: $62.0 mil
    Return on assets (ROA): 1.24% ($0.9 mil)
    Quarterly return on assets: 2.52% ($1.9 mil)
    Return on Equity (ROE): 11.39% ($0.9 mil)
    Quarterly return on equity: 22.66% ($1.8 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.24% ($931.2 mil)
    Quarterly Pretax return on assets: 2.52% ($1,892.5 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
  • 29Total employees (full-time equivalent)
  • $75,098Total assets
  • $11,782Cash and due from depository institutions
  • $10,280Interest-bearing balances
  • $7,090Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $53,621Net loans & leases
  • $997Loan loss allowance
  • $0Trading account assets
  • $538Bank premises and fixed assets
  • $1,058Other real estate owned
  • $0Goodwill and other intangibles
  • $75,098Life insurance assets
  • $1,009All other assets
  • $66,741Total liabilities and capital
  • $62,042Total liabilities
  • $46,860Total deposits
  • $62,042Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,500Trading liabilities
  • $0Other borrowed funds
  • $199Subordinated debt
  • $8,357All other liabilities
  • $8,357Total equity capital
  • $8,357Total bank equity capital
  • $0Perpetual preferred stock
  • $750Common stock
  • $750Surplus
  • $6,857Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $77Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $749Income earned, not collected on loans
  • $0Earning assets
  • $321Long-term assets (5+ years)
  • $70,991Average Assets, year-to-date
  • $6,271Average Assets, quarterly
  • $76,035Volatile liabilities
  • $75,133Insider loans
  • $55,468FHLB advances
  • $77,055Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,367Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,283Restructured Loans and leases
  • $1,075Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,545Total interest income
  • $508Total interest expense
  • $3,037Net interest income
  • $160Provision for loan and lease losses
  • $617Total noninterest income
  • $0Fiduciary activities
  • $121Service charges on deposit accounts
  • $0Trading account gains & fees
  • $496Additional noninterest income
  • $3,018Total noninterest expense
  • $1,832Salaries and employee benefits
  • $319Premises and equipment expense
  • $867Additional noninterest expense
  • $476Pre-tax net operating income
  • $464Securities gains (losses)
  • $0Applicable income taxes
  • $940Income before extraordinary items
  • $0Extraordinary gains - net
  • $940Net income attributable to bank
  • $0Net charge-offs
  • $940Cash dividends
  • $78Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 4.19%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 11.39%Return on equity (ROE)
  • 11.39%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 205.13%Credit loss provision to net charge-offs
  • 8.15%Efficiency ratio
  • 82,594Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 133.11%Noncurrent assets plus other real estate owned to assets
  • 2.41%Noncurrent loans to loans
  • 1.37%Net loans and leases to deposits
  • 86.43%Net loans and leases to core deposits
  • 88.68%Equity capital to assets
  • 11.13%Core capital (leverage) ratio
  • 10.86%Tier 1 risk-based capital ratio
  • 15.08%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $76,035Average earning assets
  • $8,255Average equity
  • $72,099Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03422The First National Bank Of Cold Spri301 Main Street, Cold Spring, MN 56320January 01, 1902Full Service Brick and Mortar
    1207112Rockville Branch450 Broadway Street, Rockville, MN 56369April 24, 1978Limited Service Facility

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