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

This bank is inactive as of June 10, 2006

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

United Prairie Bank-Slayton - Overview

General
FDIC Certificate #: 22121
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Prairie Bank (#10958)
Federal Reserve ID: 769857
Date Established: September 30, 1975
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 11065
FDIC's unique #: 15368
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: September 30, 1975
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: 2457 Broadway Avenue, Slayton, MN 56172
County: Murray
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $35.9 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
12Total employees (full-time equivalent)
$37,544Total assets
$2,670Cash and due from depository institutions
$793Interest-bearing balances
$7,439Securities
$500Federal funds sold & reverse repurchase agreements
$25,671Net loans & leases
$350Loan loss allowance
$0Trading account assets
$305Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$959All other assets
$37,544Total liabilities and capital
$33,688Total liabilities
$31,310Total deposits
$28,330Interest-bearing deposits
$31,310Deposits held in domestic offices
0.00%% insured (estimated)
$2,250Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$128All other liabilities
$3,856Total equity capital
$3,856Total bank equity capital
$3,856Perpetual preferred stock
$0Common stock
$600Surplus
$2,100Undivided profits
Memoranda
$1,156Noncurrent loans and leases
$6,120Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$431Average Assets, year-to-date
$34,403Average Assets, quarterly
$3,737Volatile liabilities
$37,062Insider loans
$37,215FHLB advances
$6,864Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,120Total unused commitments
$0Restructured Loans and leases
$334Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$1,936Total interest income
$599Total interest expense
$1,337Net interest income
$6Provision for loan and lease losses
$147Total noninterest income
$0Fiduciary activities
$86Service charges on deposit accounts
$0Trading account gains & fees
$61Additional noninterest income
$1,023Total noninterest expense
$499Salaries and employee benefits
$102Premises and equipment expense
$422Additional noninterest expense
$455Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$455Income before extraordinary items
$0Extraordinary gains - net
$455Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$2Sale, conversion, retirement of capital stock, net
$316Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.72%Yield on earning assets
1.77%Cost of funding earning assets
3.95%Net interest margin
0.43%Noninterest income to earning assets
3.02%Noninterest expense to earning assets
1.23%Net operating income to assets
1.23%Return on assets (ROA)
1.23%Pretax return on assets
11.11%Return on equity (ROE)
3.39%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-300.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
68,935Assets per employee
3.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
69.45%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
81.99%Net loans and leases to core deposits
96.16%Equity capital to assets
10.27%Core capital (leverage) ratio
10.72%Tier 1 risk-based capital ratio
14.65%Total risk-based capital ratio
Memoranda
$16Average assets
$37,062Average earning assets
$4,096Average equity
$33,824Average 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-Slayton.
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.