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

The First National Bank of Plainview - Overview

  • General
  • FDIC Certificate #: 5229
    Status: Active
    Federal Reserve ID: 755458
    Bank Holding Company (Regulatory Top Holder): Plainview Bankshares, Inc. (RSSDID: 1485800, Location: Plainview, MN)
    Date Established: June 07, 1902
    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)
    OTS Docket #: 9183
    FDIC's unique #: 3514
    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: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 138 Broadway, Plainview, MN 55964
    County: Wabasha
    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
    Core Based Statistical Area (CBSA): Rochester, MN (#40340)
    CBSA Metro Statistical Area: Rochester, MN (#40340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $146.0 mil
    Equity capital: $13.0 mil
    Deposits held in domestic offices: $122.0 mil
    Return on assets (ROA): 1.04% ($1.5 mil)
    Quarterly return on assets: 0.88% ($1.3 mil)
    Return on Equity (ROE): 11.92% ($1.5 mil)
    Quarterly return on equity: 9.98% ($1.3 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.04% ($1,518.9 mil)
    Quarterly Pretax return on assets: 0.88% ($1,285.2 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)
  • $146,049Total assets
  • $11,144Cash and due from depository institutions
  • $7,770Interest-bearing balances
  • $11,905Securities
  • $210Federal funds sold & reverse repurchase agreements
  • $118,872Net loans & leases
  • $1,540Loan loss allowance
  • $0Trading account assets
  • $538Bank premises and fixed assets
  • $811Other real estate owned
  • $0Goodwill and other intangibles
  • $146,049Life insurance assets
  • $2,569All other assets
  • $133,037Total liabilities and capital
  • $121,984Total liabilities
  • $103,994Total deposits
  • $121,984Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,650Trading liabilities
  • $0Other borrowed funds
  • $403Subordinated debt
  • $13,012All other liabilities
  • $13,012Total equity capital
  • $13,012Total bank equity capital
  • $0Perpetual preferred stock
  • $120Common stock
  • $1,070Surplus
  • $11,822Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,346Income earned, not collected on loans
  • $0Earning assets
  • $693Long-term assets (5+ years)
  • $138,757Average Assets, year-to-date
  • $32,571Average Assets, quarterly
  • $138,351Volatile liabilities
  • $142,853Insider loans
  • $112,471FHLB advances
  • $141,880Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,621Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,306Restructured Loans and leases
  • $2,650Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,563Total interest income
  • $1,856Total interest expense
  • $4,707Net interest income
  • $88Provision for loan and lease losses
  • $506Total noninterest income
  • $0Fiduciary activities
  • $344Service charges on deposit accounts
  • $0Trading account gains & fees
  • $162Additional noninterest income
  • $3,688Total noninterest expense
  • $2,136Salaries and employee benefits
  • $336Premises and equipment expense
  • $1,216Additional noninterest expense
  • $1,437Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,437Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,437Net income attributable to bank
  • $0Net charge-offs
  • $1,437Cash dividends
  • $301Sale, conversion, retirement of capital stock, net
  • $544Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.95%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.78%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 11.92%Return on equity (ROE)
  • 7.41%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 29.24%Credit loss provision to net charge-offs
  • 5.07%Efficiency ratio
  • 70,746Assets per employee
  • 5.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.86%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 65.64%Noncurrent assets plus other real estate owned to assets
  • 2.16%Noncurrent loans to loans
  • 1.95%Net loans and leases to deposits
  • 97.45%Net loans and leases to core deposits
  • 103.47%Equity capital to assets
  • 8.91%Core capital (leverage) ratio
  • 8.90%Tier 1 risk-based capital ratio
  • 11.22%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $138,351Average earning assets
  • $12,055Average equity
  • $132,690Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03514The First National Bank Of Plainview138 Broadway, Plainview, MN 55964June 07, 1902Full Service Brick and Mortar

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

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 Plainview.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents