The Nicollet County Bank of Saint Peter in Saint Peter, Minnesota (MN)



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The Nicollet County Bank of Saint Peter routing number info

Table of contents:
The Nicollet County Bank of Saint Peter
GeneralFDIC 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
WWW: http://www.nicolletcountybank.com
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)29
Total assets$155,512
Cash and due from depository institutions$28,197
Interest-bearing balances$22,087
Securities$38,325
Federal funds sold & reverse repurchase agreements$8,600
Net loans & leases$77,318
Loan loss allowance $674
Trading account assets$0
Bank premises and fixed assets$477
Other real estate owned$61
Goodwill and other intangibles$0
All other assets$2,534
Life insurance assets$155,512
Total liabilities and capital$143,392
Total liabilities$139,289
Total deposits$115,390
Interest-bearing deposits$139,289
Deposits held in domestic offices$77
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$3,892
Other borrowed funds $0
Subordinated debt $211
All other liabilities $12,120
Total equity capital$12,120
Total bank equity capital$12,120
Perpetual preferred stock$0
Common stock$465
Surplus$9,535
Undivided profits $2,120
Memoranda
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 $1,282
Earning assets $0
Long-term assets (5+ years) $881
Average Assets, year-to-date $146,330
Average Assets, quarterly $6,748
Volatile liabilities $149,912
Insider loans $152,338
FHLB advances $86,427
Loans and leases held for sale $153,182
Unused loan commitments $510
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $12,002
Total risk weighted assets $510
Total unused commitments $0
Restructured Loans and leases $25,756
Derivatives$3,717
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,347
Total interest expense $1,054
Net interest income $4,293
Provision for loan and lease losses $100
Total noninterest income $622
Fiduciary activities $0
Service charges on deposit accounts $267
Trading account gains & fees $0
Additional noninterest income $355
Total noninterest expense $3,605
Salaries and employee benefits $2,290
Premises and equipment expense $423
Additional noninterest expense $892
Pre-tax net operating income $1,210
Securities gains (losses) $0
Applicable income taxes $2
Income before extraordinary items $1,208
Extraordinary gains - net $0
Net income attributable to bank $1,208
Net charge-offs $0
Cash dividends $1,208
Sale, conversion, retirement of capital stock, net $145
Net operating income $909
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.77%
Cost of funding earning assets 0.74%
Net interest margin 3.02%
Noninterest income to earning assets 0.44%
Noninterest expense to earning assets 2.54%
Net operating income to assets 0.81%
Return on assets (ROA) 0.81%
Pretax return on assets 0.81%
Return on equity (ROE) 10.04%
Retained earnings to average equity (YTD only) 2.48%
Net charge-offs to loans 0.19%
Credit loss provision to net charge-offs 68.97%
Efficiency ratio9.03%
Assets per employee$73,347
Cash dividends to net income (YTD only)5.36%
Condition Ratios (%)
Loss allowance to loans 75.25%
Loss allowance to noncurrent loans 0.86%
Noncurrent assets plus other real estate owned to assets 52.57%
Noncurrent loans to loans 0.86%
Net loans and leases to deposits1.64%
Net loans and leases to core deposits 55.51%
Equity capital to assets 57.13%
Core capital (leverage) ratio 7.79%
Tier 1 risk-based capital ratio 7.84%
Total risk-based capital ratio 13.89%
Memoranda
Average assets$15
Average earning assets$149,912
Average equity $12,036
Average loans $142,003
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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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