The First National Bank of Henning in Ottertail, Minnesota (MN)



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The First National Bank of Henning routing number info

Table of contents:
The First National Bank of Henning
GeneralFDIC Certificate #: 5162
Status: Active
Federal Reserve ID: 23456
Bank Holding Company (Regulatory Top Holder): Henning Bancshares, Inc. (RSSDID: 1125290, Location: Henning, MN)
Date Established: August 01, 1903
WWW: http://www.fnbhenning.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 #: 11509
FDIC's unique #: 3457
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: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: Highways 78 And 108, Ottertail, MN 56571
County: Otter Tail
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
Core Based Statistical Area (CBSA): Fergus Falls, MN (#22260)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $94.3 mil
Equity capital: $10.9 mil
Deposits held in domestic offices: $83.3 mil
Return on assets (ROA): 1.49% ($1.4 mil)
Quarterly return on assets: 1.45% ($1.4 mil)
Return on Equity (ROE): 13.12% ($1.4 mil)
Quarterly return on equity: 12.51% ($1.4 mil)
Net income: $1.4 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.49% ($1,405.5 mil)
Quarterly Pretax return on assets: 1.45% ($1,367.7 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)23
Total assets$94,327
Cash and due from depository institutions$1,877
Interest-bearing balances$22
Securities$23,742
Federal funds sold & reverse repurchase agreements$1,691
Net loans & leases$61,364
Loan loss allowance $737
Trading account assets$0
Bank premises and fixed assets$2,716
Other real estate owned$1,212
Goodwill and other intangibles$0
All other assets$1,725
Life insurance assets$94,327
Total liabilities and capital$83,469
Total liabilities$83,252
Total deposits$72,981
Interest-bearing deposits$83,252
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$22
Other borrowed funds $0
Subordinated debt $195
All other liabilities $10,858
Total equity capital$10,858
Total bank equity capital$10,858
Perpetual preferred stock$0
Common stock$126
Surplus$336
Undivided profits $10,396
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $217
Earning assets $38
Long-term assets (5+ years) $770
Average Assets, year-to-date $86,819
Average Assets, quarterly $27,392
Volatile liabilities $92,069
Insider loans $93,697
FHLB advances $72,445
Loans and leases held for sale $94,317
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $9,987
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $8,210
Derivatives$515
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,662
Total interest expense $1,078
Net interest income $3,584
Provision for loan and lease losses $162
Total noninterest income $783
Fiduciary activities $0
Service charges on deposit accounts $250
Trading account gains & fees $0
Additional noninterest income $533
Total noninterest expense $2,852
Salaries and employee benefits $1,442
Premises and equipment expense $479
Additional noninterest expense $931
Pre-tax net operating income $1,353
Securities gains (losses) $22
Applicable income taxes $2
Income before extraordinary items $1,373
Extraordinary gains - net $0
Net income attributable to bank $1,373
Net charge-offs $0
Cash dividends $1,373
Sale, conversion, retirement of capital stock, net $198
Net operating income $857
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.48%
Cost of funding earning assets 1.27%
Net interest margin 4.21%
Noninterest income to earning assets 0.92%
Noninterest expense to earning assets 3.35%
Net operating income to assets 1.47%
Return on assets (ROA) 1.49%
Pretax return on assets 1.49%
Return on equity (ROE) 13.12%
Retained earnings to average equity (YTD only) 4.93%
Net charge-offs to loans 0.32%
Credit loss provision to net charge-offs 81.82%
Efficiency ratio7.65%
Assets per employee$65,308
Cash dividends to net income (YTD only)4.10%
Condition Ratios (%)
Loss allowance to loans 62.42%
Loss allowance to noncurrent loans 1.19%
Noncurrent assets plus other real estate owned to assets 339.63%
Noncurrent loans to loans 1.51%
Net loans and leases to deposits0.35%
Net loans and leases to core deposits 73.71%
Equity capital to assets 76.53%
Core capital (leverage) ratio 11.51%
Tier 1 risk-based capital ratio 10.59%
Total risk-based capital ratio 13.79%
Memoranda
Average assets$15
Average earning assets$92,069
Average equity $10,466
Average loans $85,134
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2 Minnesota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
03457The First National Bank Of HenningHighways 78 And 108, Ottertail, MN 56571August 01, 1903Full Service Brick and Mortar
2446990Henning Branch512 Douglas Avenue, Henning, MN 56551July 01, 2005Full Service Brick and Mortar
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