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


The First National Bank of Herman - Overview

  • General
  • FDIC Certificate #: 5163
    Status: Active
    Federal Reserve ID: 84055
    Bank Holding Company (Regulatory Top Holder): Herman Bancshares, Inc. (RSSDID: 1128648, Location: Herman, MN)
    Date Established: January 01, 1906
    WWW: http://www.fnbherman.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: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 3458
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural 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: 103 5th Street East, Herman, MN 56248
    County: Grant
    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
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $26.9 mil
    Equity capital: $2.8 mil
    Deposits held in domestic offices: $24.1 mil
    Return on assets (ROA): 0.91% ($0.2 mil)
    Quarterly return on assets: 0.03% ($0.0 mil)
    Return on Equity (ROE): 8.47% ($0.3 mil)
    Quarterly return on equity: 0.29% ($0.0 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.91% ($245.0 mil)
    Quarterly Pretax return on assets: 0.03% ($8.1 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
  • 6Total employees (full-time equivalent)
  • $26,927Total assets
  • $7,841Cash and due from depository institutions
  • $3,266Interest-bearing balances
  • $10,526Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $7,990Net loans & leases
  • $73Loan loss allowance
  • $0Trading account assets
  • $149Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $26,927Life insurance assets
  • $421All other assets
  • $24,146Total liabilities and capital
  • $24,114Total liabilities
  • $12,837Total deposits
  • $24,114Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $32Subordinated debt
  • $2,781All other liabilities
  • $2,781Total equity capital
  • $2,781Total bank equity capital
  • $0Perpetual preferred stock
  • $65Common stock
  • $285Surplus
  • $2,431Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $114Long-term assets (5+ years)
  • $21,782Average Assets, year-to-date
  • $10,196Average Assets, quarterly
  • $25,068Volatile liabilities
  • $27,215Insider loans
  • $11,857FHLB advances
  • $24,706Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,600Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,358Restructured Loans and leases
  • $78Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $763Total interest income
  • $114Total interest expense
  • $649Net interest income
  • $8Provision for loan and lease losses
  • $85Total noninterest income
  • $0Fiduciary activities
  • $49Service charges on deposit accounts
  • $0Trading account gains & fees
  • $36Additional noninterest income
  • $602Total noninterest expense
  • $363Salaries and employee benefits
  • $98Premises and equipment expense
  • $141Additional noninterest expense
  • $124Pre-tax net operating income
  • $104Securities gains (losses)
  • $0Applicable income taxes
  • $228Income before extraordinary items
  • $0Extraordinary gains - net
  • $228Net income attributable to bank
  • $0Net charge-offs
  • $228Cash dividends
  • $13Sale, conversion, retirement of capital stock, net
  • $110Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.64%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 3.10%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 8.47%Return on equity (ROE)
  • 4.38%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 61.54%Credit loss provision to net charge-offs
  • 10.15%Efficiency ratio
  • 82,016Assets per employee
  • 4.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.25%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 33.13%Net loans and leases to core deposits
  • 33.63%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 10.52%Tier 1 risk-based capital ratio
  • 21.93%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $25,068Average earning assets
  • $2,692Average equity
  • $20,942Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03458The First National Bank Of Herman103 5th Street East, Herman, MN 56248January 01, 1906Full Service Brick and Mortar

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