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

This bank is inactive as of June 10, 2006

  • United Prairie Bank-New Ulm in New Ulm, Minnesota (MN)
  • Show street view No street view available for this location

United Prairie Bank-New Ulm - Overview

  • General
  • FDIC Certificate #: 8192
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Prairie Bank (#10958)
    Federal Reserve ID: 912055
    Date Established: November 01, 1919
    WWW: http://www.unitedprairiebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 5218
    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: 200 North Broadway, New Ulm, MN 56073
    County: Brown
    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): New Ulm, MN (#35580)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $32.6 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
  • 9Total employees (full-time equivalent)
  • $33,310Total assets
  • $1,089Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,528Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $23,234Net loans & leases
  • $361Loan loss allowance
  • $0Trading account assets
  • $598Bank premises and fixed assets
  • $0Other real estate owned
  • $1,332Goodwill and other intangibles
  • $0Life insurance assets
  • $529All other assets
  • $33,310Total liabilities and capital
  • $29,305Total liabilities
  • $25,954Total deposits
  • $24,356Interest-bearing deposits
  • $25,954Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,750Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,364Other borrowed funds
  • $0Subordinated debt
  • $237All other liabilities
  • $4,005Total equity capital
  • $4,005Total bank equity capital
  • $4,005Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $2,497Undivided profits
  • Memoranda
  • $1,008Noncurrent loans and leases
  • $2,157Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $35Earning assets
  • $0Long-term assets (5+ years)
  • $320Average Assets, year-to-date
  • $29,762Average Assets, quarterly
  • $3,728Volatile liabilities
  • $32,359Insider loans
  • $33,073FHLB advances
  • $7,364Loans and leases held for sale
  • $0Unused loan commitments
  • $1,200Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,157Total unused commitments
  • $0Restructured Loans and leases
  • $324Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,943Total interest income
  • $573Total interest expense
  • $1,370Net interest income
  • $24Provision for loan and lease losses
  • $233Total noninterest income
  • $0Fiduciary activities
  • $157Service charges on deposit accounts
  • $0Trading account gains & fees
  • $76Additional noninterest income
  • $990Total noninterest expense
  • $448Salaries and employee benefits
  • $126Premises and equipment expense
  • $416Additional noninterest expense
  • $589Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $589Income before extraordinary items
  • $0Extraordinary gains - net
  • $589Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $521Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.73%Yield on earning assets
  • 1.98%Cost of funding earning assets
  • 4.74%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • 1.82%Net operating income to assets
  • 1.82%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 15.13%Return on equity (ROE)
  • 1.75%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 800.00%Credit loss provision to net charge-offs
  • 204.33%Efficiency ratio
  • 61,759Assets per employee
  • 3.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.46%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 1031.43%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.15%Net loans and leases to deposits
  • 89.52%Net loans and leases to core deposits
  • 113.04%Equity capital to assets
  • 12.02%Core capital (leverage) ratio
  • 8.72%Tier 1 risk-based capital ratio
  • 10.57%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $32,359Average earning assets
  • $3,894Average equity
  • $28,881Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with United Prairie Bank-New Ulm.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents