BREMER BANK, NATIONAL ASSOCIATION in Crookston, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 2000

  • BREMER BANK, NATIONAL ASSOCIATION in Crookston, Minnesota (MN)
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BREMER BANK, NATIONAL ASSOCIATION - Overview

  • General
  • FDIC Certificate #: 5118
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bremer Bank, National Association (#2055)
    Federal Reserve ID: 405052
    Date Established: January 01, 1881
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 11897
    FDIC's unique #: 3424
    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: August 01, 2000
    Last Structure Change Process Date: August 21, 2000
    Last Data Update: August 21, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Broadway, Crookston, MN 56716
    County: Polk
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Grand Forks, ND-MN (#2985)
    Core Based Statistical Area (CBSA): Grand Forks, ND-MN (#24220)
    CBSA Metro Statistical Area: Grand Forks, ND-MN (#24220)
  • Financial Summary
  • Total assets: $222.7 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, 1999)

  • Dollar figures in thousands
  • 55Total employees (full-time equivalent)
  • $228,578Total assets
  • $4,715Cash and due from depository institutions
  • $0Interest-bearing balances
  • $68,442Securities
  • $2,890Federal funds sold & reverse repurchase agreements
  • $143,693Net loans & leases
  • $2,941Loan loss allowance
  • $0Trading account assets
  • $2,294Bank premises and fixed assets
  • $40Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,504All other assets
  • $228,578Total liabilities and capital
  • $210,329Total liabilities
  • $173,861Total deposits
  • $152,085Interest-bearing deposits
  • $173,861Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $18,737Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $15,000Other borrowed funds
  • $0Subordinated debt
  • $2,731All other liabilities
  • $18,249Total equity capital
  • $18,249Total bank equity capital
  • $18,249Perpetual preferred stock
  • $0Common stock
  • $2,032Surplus
  • $5,363Undivided profits
  • Memoranda
  • $10,854Noncurrent loans and leases
  • $34,300Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,717Earning assets
  • $0Long-term assets (5+ years)
  • $4,267Average Assets, year-to-date
  • $215,025Average Assets, quarterly
  • $41,825Volatile liabilities
  • $230,324Insider loans
  • $232,027FHLB advances
  • $25,163Loans and leases held for sale
  • $5,375Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,000Tier 2 risk-based capital
  • $199Total risk weighted assets
  • $34,300Total unused commitments
  • $0Restructured Loans and leases
  • $2,062Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $17,536Total interest income
  • $8,122Total interest expense
  • $9,414Net interest income
  • $915Provision for loan and lease losses
  • $2,134Total noninterest income
  • $0Fiduciary activities
  • $695Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,439Additional noninterest income
  • $6,113Total noninterest expense
  • $2,738Salaries and employee benefits
  • $459Premises and equipment expense
  • $2,916Additional noninterest expense
  • $4,520Pre-tax net operating income
  • $4Securities gains (losses)
  • $1,650Applicable income taxes
  • $2,874Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,874Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $756Sale, conversion, retirement of capital stock, net
  • $2,700Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.11%Yield on earning assets
  • 3.75%Cost of funding earning assets
  • 4.35%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 1.25%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 15.08%Return on equity (ROE)
  • 0.91%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 121.03%Credit loss provision to net charge-offs
  • 7.19%Efficiency ratio
  • 52,936Assets per employee
  • 4.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.95%Loss allowance to loans
  • 2.01%Loss allowance to noncurrent loans
  • 51.44%Noncurrent assets plus other real estate owned to assets
  • 2.50%Noncurrent loans to loans
  • 3.90%Net loans and leases to deposits
  • 82.65%Net loans and leases to core deposits
  • 85.82%Equity capital to assets
  • 7.98%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 11.65%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $230,324Average earning assets
  • $19,057Average equity
  • $216,310Average loans

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