Bank Windsor in Nerstrand, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 10, 2000

Bank Windsor in Nerstrand, Minnesota (MN)
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Bank Windsor - Overview

General
FDIC Certificate #: 13653
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Associated Bank Minnesota (#21222)
Federal Reserve ID: 718350
Date Established: January 24, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 12073
FDIC's unique #: 8531
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 10, 2000
Last Structure Change Process Date: May 04, 2000
Last Data Update: May 04, 2000
Data Source Date: April 05, 2012
Location
Address: Main Street, Nerstrand, MN 55053
County: Rice
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Chicago
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): Faribault-Northfield, MN (#22060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $212.8 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
32Total employees (full-time equivalent)
$212,821Total assets
$4,431Cash and due from depository institutions
$0Interest-bearing balances
$37,448Securities
$0Federal funds sold & reverse repurchase agreements
$151,932Net loans & leases
$2,366Loan loss allowance
$0Trading account assets
$518Bank premises and fixed assets
$0Other real estate owned
$15,995Goodwill and other intangibles
$0Life insurance assets
$2,497All other assets
$212,821Total liabilities and capital
$180,917Total liabilities
$167,512Total deposits
$135,670Interest-bearing deposits
$167,512Deposits held in domestic offices
0.00%% insured (estimated)
$12,283Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,122All other liabilities
$31,904Total equity capital
$31,904Total bank equity capital
$31,904Perpetual preferred stock
$0Common stock
$33Surplus
$30,240Undivided profits
Memoranda
$1,631Noncurrent loans and leases
$36,618Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$503Earning assets
$0Long-term assets (5+ years)
$929Average Assets, year-to-date
$189,380Average Assets, quarterly
$18,822Volatile liabilities
$201,463Insider loans
$214,063FHLB advances
$36,914Loans and leases held for sale
$95Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$36,618Total unused commitments
$0Restructured Loans and leases
$1,944Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$13,820Total interest income
$5,592Total interest expense
$8,228Net interest income
$335Provision for loan and lease losses
$1,098Total noninterest income
$0Fiduciary activities
$240Service charges on deposit accounts
$0Trading account gains & fees
$858Additional noninterest income
$4,525Total noninterest expense
$2,053Salaries and employee benefits
$564Premises and equipment expense
$1,908Additional noninterest expense
$4,466Pre-tax net operating income
$0Securities gains (losses)
$2,191Applicable income taxes
$2,275Income before extraordinary items
$0Extraordinary gains - net
$2,275Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.71%Yield on earning assets
3.12%Cost of funding earning assets
4.59%Net interest margin
0.61%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
1.13%Net operating income to assets
1.13%Return on assets (ROA)
2.22%Pretax return on assets
8.45%Return on equity (ROE)
8.45%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
37,165Assets per employee
6.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
470.38%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.33%Net loans and leases to deposits
90.70%Net loans and leases to core deposits
106.33%Equity capital to assets
14.99%Core capital (leverage) ratio
8.48%Tier 1 risk-based capital ratio
10.67%Total risk-based capital ratio
Memoranda
$12Average assets
$201,463Average earning assets
$26,930Average equity
$179,164Average loans

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