United Minnesota Bank in New London, Minnesota (MN)



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United Minnesota Bank routing number info

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United Minnesota Bank
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)9
Total assets$24,671
Cash and due from depository institutions$3,646
Interest-bearing balances$2,580
Securities$1,539
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$18,392
Loan loss allowance $211
Trading account assets$0
Bank premises and fixed assets$374
Other real estate owned$354
Goodwill and other intangibles$0
All other assets$366
Life insurance assets$24,671
Total liabilities and capital$22,634
Total liabilities$22,530
Total deposits$17,676
Interest-bearing deposits$22,530
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $104
All other liabilities $2,037
Total equity capital$2,037
Total bank equity capital$2,037
Perpetual preferred stock$0
Common stock$345
Surplus$2,126
Undivided profits $-434
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 $280
Earning assets $0
Long-term assets (5+ years) $138
Average Assets, year-to-date $22,511
Average Assets, quarterly $1,125
Volatile liabilities $25,832
Insider loans $25,227
FHLB advances $17,624
Loans and leases held for sale $24,655
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $2,037
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,470
Derivatives$230
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,269
Total interest expense $241
Net interest income $1,028
Provision for loan and lease losses $103
Total noninterest income $190
Fiduciary activities $0
Service charges on deposit accounts $111
Trading account gains & fees $0
Additional noninterest income $79
Total noninterest expense $1,011
Salaries and employee benefits $598
Premises and equipment expense $131
Additional noninterest expense $282
Pre-tax net operating income $104
Securities gains (losses) $0
Applicable income taxes $31
Income before extraordinary items $73
Extraordinary gains - net $0
Net income attributable to bank $73
Net charge-offs $0
Cash dividends $73
Sale, conversion, retirement of capital stock, net $195
Net operating income $95
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.41%
Cost of funding earning assets 1.03%
Net interest margin 4.38%
Noninterest income to earning assets 0.81%
Noninterest expense to earning assets 4.31%
Net operating income to assets 0.28%
Return on assets (ROA) 0.28%
Pretax return on assets 0.40%
Return on equity (ROE) 3.56%
Retained earnings to average equity (YTD only) -1.07%
Net charge-offs to loans 1.02%
Credit loss provision to net charge-offs 52.82%
Efficiency ratio1.06%
Assets per employee$83,005
Cash dividends to net income (YTD only)2.74%
Condition Ratios (%)
Loss allowance to loans 130.14%
Loss allowance to noncurrent loans 1.13%
Noncurrent assets plus other real estate owned to assets 75.36%
Noncurrent loans to loans 2.57%
Net loans and leases to deposits1.51%
Net loans and leases to core deposits 81.63%
Equity capital to assets 82.58%
Core capital (leverage) ratio 8.26%
Tier 1 risk-based capital ratio 8.26%
Total risk-based capital ratio 11.56%
Memoranda
Average assets$13
Average earning assets$25,832
Average equity $2,051
Average loans $23,453
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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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