United Minnesota Bank in New London, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


United Minnesota Bank - Overview

  • General
  • FDIC Certificate #: 10567
    Status: Active
    Federal Reserve ID: 842853
    Bank Holding Company (Regulatory Top Holder): Carlson Bankshares, Inc. (RSSDID: 1128451, Location: New London, MN)
    Date Established: May 05, 1890
    WWW: http://www.umbnl.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)
    FDIC's unique #: 6768
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending 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: 105 Central Avenue, New London, MN 56273
    County: Kandiyohi
    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): Willmar, MN (#48820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $24.7 mil
    Equity capital: $2.0 mil
    Deposits held in domestic offices: $22.5 mil
    Return on assets (ROA): 0.28% ($0.1 mil)
    Quarterly return on assets: 0.48% ($0.1 mil)
    Return on Equity (ROE): 3.56% ($0.1 mil)
    Quarterly return on equity: 5.80% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.40% ($98.7 mil)
    Quarterly Pretax return on assets: 0.63% ($155.4 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
  • 9Total employees (full-time equivalent)
  • $24,671Total assets
  • $3,646Cash and due from depository institutions
  • $2,580Interest-bearing balances
  • $1,539Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,392Net loans & leases
  • $211Loan loss allowance
  • $0Trading account assets
  • $374Bank premises and fixed assets
  • $354Other real estate owned
  • $0Goodwill and other intangibles
  • $24,671Life insurance assets
  • $366All other assets
  • $22,634Total liabilities and capital
  • $22,530Total liabilities
  • $17,676Total deposits
  • $22,530Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $104Subordinated debt
  • $2,037All other liabilities
  • $2,037Total equity capital
  • $2,037Total bank equity capital
  • $0Perpetual preferred stock
  • $345Common stock
  • $2,126Surplus
  • $-434Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $280Income earned, not collected on loans
  • $0Earning assets
  • $138Long-term assets (5+ years)
  • $22,511Average Assets, year-to-date
  • $1,125Average Assets, quarterly
  • $25,832Volatile liabilities
  • $25,227Insider loans
  • $17,624FHLB advances
  • $24,655Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,037Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,470Restructured Loans and leases
  • $230Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,269Total interest income
  • $241Total interest expense
  • $1,028Net interest income
  • $103Provision for loan and lease losses
  • $190Total noninterest income
  • $0Fiduciary activities
  • $111Service charges on deposit accounts
  • $0Trading account gains & fees
  • $79Additional noninterest income
  • $1,011Total noninterest expense
  • $598Salaries and employee benefits
  • $131Premises and equipment expense
  • $282Additional noninterest expense
  • $104Pre-tax net operating income
  • $0Securities gains (losses)
  • $31Applicable income taxes
  • $73Income before extraordinary items
  • $0Extraordinary gains - net
  • $73Net income attributable to bank
  • $0Net charge-offs
  • $73Cash dividends
  • $195Sale, conversion, retirement of capital stock, net
  • $95Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.41%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 4.38%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 4.31%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.40%Pretax return on assets
  • 3.56%Return on equity (ROE)
  • -1.07%Retained earnings to average equity (YTD only)
  • 1.02%Net charge-offs to loans
  • 52.82%Credit loss provision to net charge-offs
  • 1.06%Efficiency ratio
  • 83,005Assets per employee
  • 2.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 130.14%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 75.36%Noncurrent assets plus other real estate owned to assets
  • 2.57%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 81.63%Net loans and leases to core deposits
  • 82.58%Equity capital to assets
  • 8.26%Core capital (leverage) ratio
  • 8.26%Tier 1 risk-based capital ratio
  • 11.56%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $25,832Average earning assets
  • $2,051Average equity
  • $23,453Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06768United Minnesota Bank105 Central Avenue, New London, MN 56273May 05, 1890Full Service Brick and Mortar

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