Woodlands National Bank in Onamia, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1999

  • Woodlands National Bank in Onamia, Minnesota (MN)
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Woodlands National Bank - Overview

  • General
  • FDIC Certificate #: 10966
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Woodlands National Bank (#1417)
    Federal Reserve ID: 876559
    Date Established: August 03, 1907
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 12386
    FDIC's unique #: 7021
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 01, 1999
    Last Structure Change Process Date: November 19, 1999
    Last Data Update: November 19, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Onamia, MN 56359
    County: Mille Lacs
    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
  • Financial Summary
  • Total assets: $33.5 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $26,336Total assets
  • $1,439Cash and due from depository institutions
  • $11Interest-bearing balances
  • $8,975Securities
  • $3,000Federal funds sold & reverse repurchase agreements
  • $11,098Net loans & leases
  • $469Loan loss allowance
  • $0Trading account assets
  • $602Bank premises and fixed assets
  • $73Other real estate owned
  • $825Goodwill and other intangibles
  • $0Life insurance assets
  • $324All other assets
  • $26,336Total liabilities and capital
  • $22,096Total liabilities
  • $21,912Total deposits
  • $15,280Interest-bearing deposits
  • $21,912Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $184All other liabilities
  • $4,240Total equity capital
  • $4,240Total bank equity capital
  • $4,240Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $3,336Undivided profits
  • Memoranda
  • $854Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $144Earning assets
  • $0Long-term assets (5+ years)
  • $78Average Assets, year-to-date
  • $23,084Average Assets, quarterly
  • $3,321Volatile liabilities
  • $25,114Insider loans
  • $25,641FHLB advances
  • $1,142Loans and leases held for sale
  • $81Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $787Total unused commitments
  • $0Restructured Loans and leases
  • $12,976Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $1,740Total interest income
  • $529Total interest expense
  • $1,211Net interest income
  • $50Provision for loan and lease losses
  • $1,037Total noninterest income
  • $0Fiduciary activities
  • $130Service charges on deposit accounts
  • $0Trading account gains & fees
  • $907Additional noninterest income
  • $1,369Total noninterest expense
  • $574Salaries and employee benefits
  • $230Premises and equipment expense
  • $565Additional noninterest expense
  • $829Pre-tax net operating income
  • $3Securities gains (losses)
  • $316Applicable income taxes
  • $516Income before extraordinary items
  • $0Extraordinary gains - net
  • $516Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $210Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.06%Yield on earning assets
  • 2.45%Cost of funding earning assets
  • 5.61%Net interest margin
  • 4.80%Noninterest income to earning assets
  • 6.34%Noninterest expense to earning assets
  • 2.05%Net operating income to assets
  • 2.05%Return on assets (ROA)
  • 3.31%Pretax return on assets
  • 12.70%Return on equity (ROE)
  • 7.53%Retained earnings to average equity (YTD only)
  • 0.83%Net charge-offs to loans
  • 56.18%Credit loss provision to net charge-offs
  • 9.88%Efficiency ratio
  • 57,918Assets per employee
  • 1.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.70%Loss allowance to loans
  • 4.05%Loss allowance to noncurrent loans
  • 325.69%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 1.24%Net loans and leases to deposits
  • 50.65%Net loans and leases to core deposits
  • 53.43%Equity capital to assets
  • 16.10%Core capital (leverage) ratio
  • 13.24%Tier 1 risk-based capital ratio
  • 25.86%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $25,114Average earning assets
  • $4,061Average equity
  • $21,584Average loans

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