FDIC Certificate #: 1926 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Prairie Bank (#10958) Federal Reserve ID: 64758 Date Established: July 15, 1915 WWW:http://www.unitedprairiebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 1291 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: May 06, 2006 Last Structure Change Process Date: June 28, 2006 Last Data Update: June 28, 2006 Data Source Date: April 05, 2012
Location
Address: 110 West Rose Street, Owatonna, MN 55060 County: Steele Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Owatonna, MN (#36940) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $129.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
39Total employees (full-time equivalent)
$122,625Total assets
$6,191Cash and due from depository institutions
$1,017Interest-bearing balances
$11,726Securities
$1,200Federal funds sold & reverse repurchase agreements
$92,665Net loans & leases
$1,216Loan loss allowance
$0Trading account assets
$3,499Bank premises and fixed assets
$0Other real estate owned
$6,001Goodwill and other intangibles
$0Life insurance assets
$1,343All other assets
$122,625Total liabilities and capital
$106,907Total liabilities
$101,221Total deposits
$89,591Interest-bearing deposits
$101,221Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,114Other borrowed funds
$0Subordinated debt
$572All other liabilities
$15,718Total equity capital
$15,718Total bank equity capital
$15,718Perpetual preferred stock
$0Common stock
$222Surplus
$12,350Undivided profits
Memoranda
$3,146Noncurrent loans and leases
$15,805Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$32Earning assets
$0Long-term assets (5+ years)
$838Average Assets, year-to-date
$106,608Average Assets, quarterly
$8,830Volatile liabilities
$116,792Insider loans
$122,083FHLB advances
$15,115Loans and leases held for sale
$100Unused loan commitments
$4,700Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,805Total unused commitments
$665Restructured Loans and leases
$1,216Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$6,872Total interest income
$2,012Total interest expense
$4,860Net interest income
$172Provision for loan and lease losses
$802Total noninterest income
$0Fiduciary activities
$344Service charges on deposit accounts
$0Trading account gains & fees
$458Additional noninterest income
$3,611Total noninterest expense
$1,906Salaries and employee benefits
$506Premises and equipment expense
$1,199Additional noninterest expense
$1,879Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,879Income before extraordinary items
$0Extraordinary gains - net
$1,879Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$21Sale, conversion, retirement of capital stock, net
$473Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.85%Yield on earning assets
2.01%Cost of funding earning assets
4.85%Net interest margin
0.80%Noninterest income to earning assets
3.60%Noninterest expense to earning assets
1.61%Net operating income to assets
1.61%Return on assets (ROA)
1.61%Pretax return on assets
12.77%Return on equity (ROE)
9.55%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-819.05%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,151Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.17%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
3800.00%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.03%Net loans and leases to deposits
91.55%Net loans and leases to core deposits
105.28%Equity capital to assets
12.82%Core capital (leverage) ratio
8.64%Tier 1 risk-based capital ratio
9.99%Total risk-based capital ratio
Memoranda
$11Average assets
$116,792Average earning assets
$14,717Average equity
$100,287Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with United Prairie Bank - Owatonna.
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.
Comment about this bank, ask questions, or add new information about it: