The First National Bank of Plainview in Plainview, Minnesota (MN)

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The First National Bank of Plainview routing number info

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The First National Bank of Plainview
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)29
Total assets$146,049
Cash and due from depository institutions$11,144
Interest-bearing balances$7,770
Federal funds sold & reverse repurchase agreements$210
Net loans & leases$118,872
Loan loss allowance $1,540
Trading account assets$0
Bank premises and fixed assets$538
Other real estate owned$811
Goodwill and other intangibles$0
All other assets$2,569
Life insurance assets$146,049
Total liabilities and capital$133,037
Total liabilities$121,984
Total deposits$103,994
Interest-bearing deposits$121,984
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$10,650
Other borrowed funds $0
Subordinated debt $403
All other liabilities $13,012
Total equity capital$13,012
Total bank equity capital$13,012
Perpetual preferred stock$0
Common stock$120
Undivided profits $11,822
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 $2,346
Earning assets $0
Long-term assets (5+ years) $693
Average Assets, year-to-date $138,757
Average Assets, quarterly $32,571
Volatile liabilities $138,351
Insider loans $142,853
FHLB advances $112,471
Loans and leases held for sale $141,880
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $12,621
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $22,306
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,563
Total interest expense $1,856
Net interest income $4,707
Provision for loan and lease losses $88
Total noninterest income $506
Fiduciary activities $0
Service charges on deposit accounts $344
Trading account gains & fees $0
Additional noninterest income $162
Total noninterest expense $3,688
Salaries and employee benefits $2,136
Premises and equipment expense $336
Additional noninterest expense $1,216
Pre-tax net operating income $1,437
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $1,437
Extraordinary gains - net $0
Net income attributable to bank $1,437
Net charge-offs $0
Cash dividends $1,437
Sale, conversion, retirement of capital stock, net $301
Net operating income $544
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.95%
Cost of funding earning assets 1.40%
Net interest margin 3.55%
Noninterest income to earning assets 0.38%
Noninterest expense to earning assets 2.78%
Net operating income to assets 1.04%
Return on assets (ROA) 1.04%
Pretax return on assets 1.04%
Return on equity (ROE) 11.92%
Retained earnings to average equity (YTD only) 7.41%
Net charge-offs to loans 0.25%
Credit loss provision to net charge-offs 29.24%
Efficiency ratio5.07%
Assets per employee$70,746
Cash dividends to net income (YTD only)5.04%
Condition Ratios (%)
Loss allowance to loans 37.86%
Loss allowance to noncurrent loans 1.28%
Noncurrent assets plus other real estate owned to assets 65.64%
Noncurrent loans to loans 2.16%
Net loans and leases to deposits1.95%
Net loans and leases to core deposits 97.45%
Equity capital to assets 103.47%
Core capital (leverage) ratio 8.91%
Tier 1 risk-based capital ratio 8.90%
Total risk-based capital ratio 11.22%
Average assets$12
Average earning assets$138,351
Average equity $12,055
Average loans $132,690
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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
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