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

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