The Nicollet County Bank of Saint Peter in Saint Peter, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Nicollet County Bank of Saint Peter - Overview

  • General
  • FDIC Certificate #: 9757
    Status: Active
    Federal Reserve ID: 768252
    Bank Holding Company (Regulatory Top Holder): Saint Peter Agency, Inc. (RSSDID: 1122824, Location: Saint Peter, MN)
    Date Established: March 22, 1883
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 15509
    FDIC's unique #: 6244
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    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: 212 South Third Street, Saint Peter, MN 56082
    County: Nicollet
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Mankato
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Mankato-North Mankato, MN (#31860)
    CBSA Metro Statistical Area: Mankato-North Mankato, MN (#31860)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $155.5 mil
    Equity capital: $12.1 mil
    Deposits held in domestic offices: $139.3 mil
    Return on assets (ROA): 0.81% ($1.3 mil)
    Quarterly return on assets: 0.25% ($0.4 mil)
    Return on Equity (ROE): 10.04% ($1.2 mil)
    Quarterly return on equity: 3.10% ($0.4 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.81% ($1,259.6 mil)
    Quarterly Pretax return on assets: 0.25% ($388.8 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)
  • $155,512Total assets
  • $28,197Cash and due from depository institutions
  • $22,087Interest-bearing balances
  • $38,325Securities
  • $8,600Federal funds sold & reverse repurchase agreements
  • $77,318Net loans & leases
  • $674Loan loss allowance
  • $0Trading account assets
  • $477Bank premises and fixed assets
  • $61Other real estate owned
  • $0Goodwill and other intangibles
  • $155,512Life insurance assets
  • $2,534All other assets
  • $143,392Total liabilities and capital
  • $139,289Total liabilities
  • $115,390Total deposits
  • $139,289Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,892Trading liabilities
  • $0Other borrowed funds
  • $211Subordinated debt
  • $12,120All other liabilities
  • $12,120Total equity capital
  • $12,120Total bank equity capital
  • $0Perpetual preferred stock
  • $465Common stock
  • $9,535Surplus
  • $2,120Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,282Income earned, not collected on loans
  • $0Earning assets
  • $881Long-term assets (5+ years)
  • $146,330Average Assets, year-to-date
  • $6,748Average Assets, quarterly
  • $149,912Volatile liabilities
  • $152,338Insider loans
  • $86,427FHLB advances
  • $153,182Loans and leases held for sale
  • $510Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,002Tier 2 risk-based capital
  • $510Total risk weighted assets
  • $0Total unused commitments
  • $25,756Restructured Loans and leases
  • $3,717Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,347Total interest income
  • $1,054Total interest expense
  • $4,293Net interest income
  • $100Provision for loan and lease losses
  • $622Total noninterest income
  • $0Fiduciary activities
  • $267Service charges on deposit accounts
  • $0Trading account gains & fees
  • $355Additional noninterest income
  • $3,605Total noninterest expense
  • $2,290Salaries and employee benefits
  • $423Premises and equipment expense
  • $892Additional noninterest expense
  • $1,210Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • $1,208Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,208Net income attributable to bank
  • $0Net charge-offs
  • $1,208Cash dividends
  • $145Sale, conversion, retirement of capital stock, net
  • $909Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.77%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 3.02%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 2.54%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 10.04%Return on equity (ROE)
  • 2.48%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 68.97%Credit loss provision to net charge-offs
  • 9.03%Efficiency ratio
  • 73,347Assets per employee
  • 5.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.25%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 52.57%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 1.64%Net loans and leases to deposits
  • 55.51%Net loans and leases to core deposits
  • 57.13%Equity capital to assets
  • 7.79%Core capital (leverage) ratio
  • 7.84%Tier 1 risk-based capital ratio
  • 13.89%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $149,912Average earning assets
  • $12,036Average equity
  • $142,003Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06244The Nicollet County Bank Of Saint Pe212 South Third Street, Saint Peter, MN 56082March 22, 1883Full Service Brick and Mortar

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