Alliance Bank in city_name, state_name - Detailed Financial Reports, Location

Alliance Bank in New Ulm, Minnesota (MN)
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Alliance Bank - Overview

General
FDIC Certificate #: 1932
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Alliance Bank (#10973)
Federal Reserve ID: 166652
Date Established: January 01, 1914
WWW: http://www.alliancebanks.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Interstate: No)
OTS Docket #: 13997
FDIC's unique #: 1297
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: Febuary 21, 2007
Last Structure Change Process Date: March 09, 2007
Last Data Update: March 09, 2007
Data Source Date: April 05, 2012
Location
Address: 322 North Minnesota Street, 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: $430.7 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, 2006)

Dollar figures in thousands
102Total employees (full-time equivalent)
$430,740Total assets
$17,052Cash and due from depository institutions
$84Interest-bearing balances
$31,471Securities
$15,800Federal funds sold & reverse repurchase agreements
$358,023Net loans & leases
$6,530Loan loss allowance
$0Trading account assets
$2,635Bank premises and fixed assets
$687Other real estate owned
$477Goodwill and other intangibles
$292Life insurance assets
$4,595All other assets
$430,740Total liabilities and capital
$383,143Total liabilities
$366,016Total deposits
$279,337Interest-bearing deposits
$366,016Deposits held in domestic offices
0.00%% insured (estimated)
$14,169Federal funds purchased & repurchase agreements
$0Trading liabilities
$450Other borrowed funds
$0Subordinated debt
$2,508All other liabilities
$47,597Total equity capital
$47,597Total bank equity capital
$47,597Perpetual preferred stock
$0Common stock
$532Surplus
$21,968Undivided profits
Memoranda
$25,097Noncurrent loans and leases
$145,921Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8,503Earning assets
$0Long-term assets (5+ years)
$3,589Average Assets, year-to-date
$405,378Average Assets, quarterly
$10,760Volatile liabilities
$411,534Insider loans
$423,392FHLB advances
$79,511Loans and leases held for sale
$5,876Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$145,921Total unused commitments
$0Restructured Loans and leases
$5,309Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$31,770Total interest income
$10,094Total interest expense
$21,676Net interest income
$1,200Provision for loan and lease losses
$1,891Total noninterest income
$0Fiduciary activities
$966Service charges on deposit accounts
$0Trading account gains & fees
$925Additional noninterest income
$10,812Total noninterest expense
$6,539Salaries and employee benefits
$1,112Premises and equipment expense
$3,161Additional noninterest expense
$11,555Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$11,555Income before extraordinary items
$0Extraordinary gains - net
$11,555Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$83Sale, conversion, retirement of capital stock, net
$7,886Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.28%Yield on earning assets
2.63%Cost of funding earning assets
5.65%Net interest margin
0.49%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
2.81%Net operating income to assets
2.81%Return on assets (ROA)
2.81%Pretax return on assets
24.98%Return on equity (ROE)
7.93%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1445.78%Credit loss provision to net charge-offs
153.67%Efficiency ratio
44,961Assets per employee
4.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.25%Loss allowance to loans
1.79%Loss allowance to noncurrent loans
76.80%Noncurrent assets plus other real estate owned to assets
2.13%Noncurrent loans to loans
2.33%Net loans and leases to deposits
97.82%Net loans and leases to core deposits
118.90%Equity capital to assets
11.05%Core capital (leverage) ratio
11.28%Tier 1 risk-based capital ratio
11.26%Total risk-based capital ratio
Memoranda
$13Average assets
$411,534Average earning assets
$46,257Average equity
$383,686Average loans

Alliance Bank in New Ulm, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Alliance Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

Alliance Bank in New Ulm, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Alliance Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

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

Alliance Bank in New Ulm, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches