Bremer Bank, National Association in Menomonie, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bremer Bank, National Association in Menomonie, Wisconsin (WI)
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Bremer Bank, National Association - Overview

  • General
  • FDIC Certificate #: 15241
    Status: Active
    Federal Reserve ID: 503453
    Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN)
    Date Established: June 22, 1913
    WWW: http://www.bremer.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 15 (Domestic: 15, Interstate: No)
    OTS Docket #: 14174
    FDIC's unique #: 9593
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 605 Second Street, Menomonie, WI 54751
    County: Dunn
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Eau Claire-Menomonie, WI (#232)
    Core Based Statistical Area (CBSA): Menomonie, WI (#32860)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $667.4 mil
    Equity capital: $57.1 mil
    Deposits held in domestic offices: $488.2 mil
    Return on assets (ROA): 0.83% ($5.5 mil)
    Quarterly return on assets: 0.88% ($5.9 mil)
    Return on Equity (ROE): 9.62% ($5.5 mil)
    Quarterly return on equity: 10.30% ($5.9 mil)
    Net income: $5.5 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 1.07% ($7,141.6 mil)
    Quarterly Pretax return on assets: 1.11% ($7,408.6 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, 2011)

  • Dollar figures in thousands
  • 106Total employees (full-time equivalent)
  • $667,441Total assets
  • $52,834Cash and due from depository institutions
  • $39,017Interest-bearing balances
  • $191,404Securities
  • $7,852Federal funds sold & reverse repurchase agreements
  • $392,216Net loans & leases
  • $5,997Loan loss allowance
  • $0Trading account assets
  • $4,246Bank premises and fixed assets
  • $1,147Other real estate owned
  • $9,057Goodwill and other intangibles
  • $667,441Life insurance assets
  • $8,685All other assets
  • $610,374Total liabilities and capital
  • $488,238Total liabilities
  • $397,593Total deposits
  • $488,238Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 119034.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,102Subordinated debt
  • $57,067All other liabilities
  • $57,067Total equity capital
  • $57,067Total bank equity capital
  • $0Perpetual preferred stock
  • $1,808Common stock
  • $38,765Surplus
  • $16,494Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,438Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,659Income earned, not collected on loans
  • $976Earning assets
  • $2,677Long-term assets (5+ years)
  • $630,489Average Assets, year-to-date
  • $117,774Average Assets, quarterly
  • $658,867Volatile liabilities
  • $670,641Insider loans
  • $378,215FHLB advances
  • $649,919Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $46,290Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $84,680Restructured Loans and leases
  • $785Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $27,207Total interest income
  • $5,109Total interest expense
  • $22,098Net interest income
  • $1,781Provision for loan and lease losses
  • $4,556Total noninterest income
  • $0Fiduciary activities
  • $1,508Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,048Additional noninterest income
  • $17,951Total noninterest expense
  • $7,311Salaries and employee benefits
  • $1,170Premises and equipment expense
  • $9,470Additional noninterest expense
  • $6,922Pre-tax net operating income
  • $96Securities gains (losses)
  • $1,522Applicable income taxes
  • $5,496Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,496Net income attributable to bank
  • $0Net charge-offs
  • $5,496Cash dividends
  • $1,061Sale, conversion, retirement of capital stock, net
  • $6,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.35%Yield on earning assets
  • 0.82%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 9.62%Return on equity (ROE)
  • -0.88%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 167.86%Credit loss provision to net charge-offs
  • 8.20%Efficiency ratio
  • 67,348Assets per employee
  • 6.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 109.17%Loss allowance to loans
  • 1.51%Loss allowance to noncurrent loans
  • 90.06%Noncurrent assets plus other real estate owned to assets
  • 1.17%Noncurrent loans to loans
  • 1.67%Net loans and leases to deposits
  • 80.33%Net loans and leases to core deposits
  • 82.90%Equity capital to assets
  • 8.55%Core capital (leverage) ratio
  • 7.12%Tier 1 risk-based capital ratio
  • 12.24%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $658,867Average earning assets
  • $57,143Average equity
  • $625,198Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $16,506Managed Assets
  • 1Number of Accounts
  • $9,911Personal trust and agency accounts
  • $8,174Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $801Other retirement accounts
  • $267Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $669Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 28Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $6,595Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 15 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09593Bremer Bank, National Association605 Second Street, Menomonie, WI 54751June 22, 1913Full Service Brick and Mortar
    1233511Deer Park Branch131 North Main Street, Deer Park, WI 54007Febuary 11, 1970Limited Service Facility
    29278Colfax Branch301 Bremer Avenue, Colfax, WI 54730January 01, 1915Full Service Brick and Mortar
    34178Frederic Branch109 Wisconsin Avenue North, Frederic, WI 54837September 17, 1915Full Service Brick and Mortar
    4208954Danbury Branch7447 Main Street, Danbury, WI 54830March 15, 1976Limited Service Facility
    5208955Siren Branch24449 Highway 35 North, Siren, WI 54872January 06, 1986Full Service Brick and Mortar
    710060Washburn Branch31 West Bayfield Street, Washburn, WI 54891May 04, 1941Full Service Brick and Mortar
    8235566Bayfield Branch129 South Broad Street, Bayfield, WI 54814May 05, 1941Full Service Brick and Mortar
    9235567La Pointe Branch794 Middle Road, La Pointe, WI 54850June 18, 1973Limited Service Mobile
    101624Amery Branch104 West Maple Street, Amery, WI 54001August 28, 1903Full Service Brick and Mortar
    11192687Elk Mound Branch116 Menomonie Street W, Elk Mound, WI 54739July 15, 1968Limited Service Facility
    12192688Knapp Branch420 Main Street, Knapp, WI 54749October 07, 1968Limited Service Facility
    15192691North Menomonie Branch1500 North Broadway, Menomonie, WI 54751August 09, 1982Limited Service Facility
    16192692East Menomonie Branch2201 Schneider Avenue, Menomonie, WI 54751July 16, 1990Limited Service Facility
    18277054New Richmond Branch532 S Knowles Ave, New Richmond, WI 54017September 01, 1936Full Service Brick and Mortar

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