United Prairie Bank-Jackson in Jackson, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 10, 2006

  • United Prairie Bank-Jackson in Jackson, Minnesota (MN)
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United Prairie Bank-Jackson - Overview

  • General
  • FDIC Certificate #: 9350
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Prairie Bank (#10958)
    Federal Reserve ID: 1013753
    Date Established: January 01, 1934
    WWW: http://www.unitedprairiebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13151
    FDIC's unique #: 6001
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 10, 2006
    Last Structure Change Process Date: June 22, 2006
    Last Data Update: June 22, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 Grant Street, Jackson, MN 56143
    County: Jackson
    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
  • Financial Summary
  • Total assets: $39.2 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, 2005)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $44,401Total assets
  • $5,548Cash and due from depository institutions
  • $1,584Interest-bearing balances
  • $7,612Securities
  • $3,250Federal funds sold & reverse repurchase agreements
  • $26,571Net loans & leases
  • $345Loan loss allowance
  • $0Trading account assets
  • $211Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,209All other assets
  • $44,401Total liabilities and capital
  • $41,314Total liabilities
  • $39,400Total deposits
  • $35,225Interest-bearing deposits
  • $39,400Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,500Other borrowed funds
  • $0Subordinated debt
  • $414All other liabilities
  • $3,087Total equity capital
  • $3,087Total bank equity capital
  • $3,087Perpetual preferred stock
  • $0Common stock
  • $12Surplus
  • $2,250Undivided profits
  • Memoranda
  • $825Noncurrent loans and leases
  • $4,388Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $170Earning assets
  • $0Long-term assets (5+ years)
  • $643Average Assets, year-to-date
  • $39,017Average Assets, quarterly
  • $5,592Volatile liabilities
  • $41,908Insider loans
  • $43,126FHLB advances
  • $9,096Loans and leases held for sale
  • $525Unused loan commitments
  • $1,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,388Total unused commitments
  • $0Restructured Loans and leases
  • $345Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $2,463Total interest income
  • $821Total interest expense
  • $1,642Net interest income
  • $60Provision for loan and lease losses
  • $248Total noninterest income
  • $0Fiduciary activities
  • $118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $130Additional noninterest income
  • $1,349Total noninterest expense
  • $577Salaries and employee benefits
  • $297Premises and equipment expense
  • $475Additional noninterest expense
  • $481Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $481Income before extraordinary items
  • $0Extraordinary gains - net
  • $481Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $301Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.47%Yield on earning assets
  • 2.16%Cost of funding earning assets
  • 4.31%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 16.16%Return on equity (ROE)
  • 6.05%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1200.00%Credit loss provision to net charge-offs
  • 108.20%Efficiency ratio
  • 71,376Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.58%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 202.94%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.63%Net loans and leases to deposits
  • 67.44%Net loans and leases to core deposits
  • 87.68%Equity capital to assets
  • 6.95%Core capital (leverage) ratio
  • 7.53%Tier 1 risk-based capital ratio
  • 9.89%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $41,908Average earning assets
  • $2,977Average equity
  • $38,075Average loans

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