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



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The First National Bank of Cold Spring routing number info

Table of contents:
The First National Bank of Cold Spring
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)29
Total assets$75,098
Cash and due from depository institutions$11,782
Interest-bearing balances$10,280
Securities$7,090
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$53,621
Loan loss allowance $997
Trading account assets$0
Bank premises and fixed assets$538
Other real estate owned$1,058
Goodwill and other intangibles$0
All other assets$1,009
Life insurance assets$75,098
Total liabilities and capital$66,741
Total liabilities$62,042
Total deposits$46,860
Interest-bearing deposits$62,042
Deposits held in domestic offices$92
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,500
Other borrowed funds $0
Subordinated debt $199
All other liabilities $8,357
Total equity capital$8,357
Total bank equity capital$8,357
Perpetual preferred stock$0
Common stock$750
Surplus$750
Undivided profits $6,857
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $77
Income earned, not collected on loans $749
Earning assets $0
Long-term assets (5+ years) $321
Average Assets, year-to-date $70,991
Average Assets, quarterly $6,271
Volatile liabilities $76,035
Insider loans $75,133
FHLB advances $55,468
Loans and leases held for sale $77,055
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,367
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $13,283
Derivatives$1,075
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,545
Total interest expense $508
Net interest income $3,037
Provision for loan and lease losses $160
Total noninterest income $617
Fiduciary activities $0
Service charges on deposit accounts $121
Trading account gains & fees $0
Additional noninterest income $496
Total noninterest expense $3,018
Salaries and employee benefits $1,832
Premises and equipment expense $319
Additional noninterest expense $867
Pre-tax net operating income $476
Securities gains (losses) $464
Applicable income taxes $0
Income before extraordinary items $940
Extraordinary gains - net $0
Net income attributable to bank $940
Net charge-offs $0
Cash dividends $940
Sale, conversion, retirement of capital stock, net $78
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.92%
Cost of funding earning assets 0.70%
Net interest margin 4.21%
Noninterest income to earning assets 0.86%
Noninterest expense to earning assets 4.19%
Net operating income to assets 0.63%
Return on assets (ROA) 1.24%
Pretax return on assets 1.24%
Return on equity (ROE) 11.39%
Retained earnings to average equity (YTD only) 11.39%
Net charge-offs to loans 0.14%
Credit loss provision to net charge-offs 205.13%
Efficiency ratio8.15%
Assets per employee$82,594
Cash dividends to net income (YTD only)2.59%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.83%
Noncurrent assets plus other real estate owned to assets 133.11%
Noncurrent loans to loans 2.41%
Net loans and leases to deposits1.37%
Net loans and leases to core deposits 86.43%
Equity capital to assets 88.68%
Core capital (leverage) ratio 11.13%
Tier 1 risk-based capital ratio 10.86%
Total risk-based capital ratio 15.08%
Memoranda
Average assets$16
Average earning assets$76,035
Average equity $8,255
Average loans $72,099
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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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