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

This bank is inactive as of June 10, 2006

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

  • General
  • FDIC Certificate #: 10580
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Prairie Bank (#10958)
    Federal Reserve ID: 958053
    Date Established: April 08, 1891
    WWW: http://www.unitedprairiebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 10982
    FDIC's unique #: 6781
    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: 303 6th Avenue, Madison, MN 56256
    County: Lac Qui Parle
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Fargo
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $31.7 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
  • 11Total employees (full-time equivalent)
  • $33,810Total assets
  • $3,455Cash and due from depository institutions
  • $1,984Interest-bearing balances
  • $7,290Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $21,049Net loans & leases
  • $240Loan loss allowance
  • $0Trading account assets
  • $298Bank premises and fixed assets
  • $0Other real estate owned
  • $944Goodwill and other intangibles
  • $0Life insurance assets
  • $774All other assets
  • $33,810Total liabilities and capital
  • $29,879Total liabilities
  • $28,155Total deposits
  • $27,582Interest-bearing deposits
  • $28,155Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $925Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $600Other borrowed funds
  • $0Subordinated debt
  • $199All other liabilities
  • $3,931Total equity capital
  • $3,931Total bank equity capital
  • $3,931Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $3,205Undivided profits
  • Memoranda
  • $476Noncurrent loans and leases
  • $4,570Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3Earning assets
  • $0Long-term assets (5+ years)
  • $490Average Assets, year-to-date
  • $30,323Average Assets, quarterly
  • $5,740Volatile liabilities
  • $33,702Insider loans
  • $33,501FHLB advances
  • $7,567Loans and leases held for sale
  • $2Unused loan commitments
  • $600Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,570Total unused commitments
  • $0Restructured Loans and leases
  • $240Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,827Total interest income
  • $568Total interest expense
  • $1,259Net interest income
  • $68Provision for loan and lease losses
  • $90Total noninterest income
  • $0Fiduciary activities
  • $56Service charges on deposit accounts
  • $0Trading account gains & fees
  • $34Additional noninterest income
  • $846Total noninterest expense
  • $389Salaries and employee benefits
  • $77Premises and equipment expense
  • $380Additional noninterest expense
  • $435Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $435Income before extraordinary items
  • $0Extraordinary gains - net
  • $435Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $526Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.09%Yield on earning assets
  • 1.89%Cost of funding earning assets
  • 4.20%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 11.13%Return on equity (ROE)
  • -2.33%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 178.95%Credit loss provision to net charge-offs
  • 13.24%Efficiency ratio
  • 62,713Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 120.92%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 8000.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 74.76%Net loans and leases to core deposits
  • 97.84%Equity capital to assets
  • 11.63%Core capital (leverage) ratio
  • 9.47%Tier 1 risk-based capital ratio
  • 12.76%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $33,702Average earning assets
  • $3,907Average equity
  • $30,006Average loans

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