FDIC Certificate #: 9343 Status: Active Federal Reserve ID: 952453 Bank Holding Company (Regulatory Top Holder): Otto Bremer Foundation (RSSDID: 1121340, Location: Saint Paul, MN) Date Established: January 01, 1908 WWW:http://www.bremer.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12289 FDIC's unique #: 5994 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: Mortgage Lending Specialization 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: 345 Fourth Avenue, International Falls, MN 56649 County: Koochiching 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $116.5 mil Equity capital: $8.2 mil Deposits held in domestic offices: $95.3 mil Return on assets (ROA): 0.94% ($1.1 mil) Quarterly return on assets: 0.87% ($1.0 mil) Return on Equity (ROE): 13.37% ($1.1 mil) Quarterly return on equity: 12.04% ($1.0 mil) Net income: $1.1 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.38% ($1,607.7 mil) Quarterly Pretax return on assets: 1.23% ($1,432.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$116,497Total assets
$15,481Cash and due from depository institutions
$14,018Interest-bearing balances
$48,791Securities
$1,624Federal funds sold & reverse repurchase agreements
$49,264Net loans & leases
$792Loan loss allowance
$0Trading account assets
$309Bank premises and fixed assets
$12Other real estate owned
$0Goodwill and other intangibles
$116,497Life insurance assets
$1,016All other assets
$108,295Total liabilities and capital
$95,297Total liabilities
$80,036Total deposits
$95,297Interest-bearing deposits
$85Deposits held in domestic offices
12492.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$506Subordinated debt
$8,202All other liabilities
$8,202Total equity capital
$8,202Total bank equity capital
$0Perpetual preferred stock
$431Common stock
$3,450Surplus
$4,321Undivided profits
Memoranda
$0Noncurrent loans and leases
$314Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$37Income earned, not collected on loans
$0Earning assets
$454Long-term assets (5+ years)
$113,697Average Assets, year-to-date
$28,880Average Assets, quarterly
$114,244Volatile liabilities
$114,958Insider loans
$53,908FHLB advances
$113,052Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,821Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,327Restructured Loans and leases
$977Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,245Total interest income
$850Total interest expense
$3,395Net interest income
$69Provision for loan and lease losses
$773Total noninterest income
$0Fiduciary activities
$288Service charges on deposit accounts
$0Trading account gains & fees
$485Additional noninterest income
$2,536Total noninterest expense
$1,154Salaries and employee benefits
$116Premises and equipment expense
$1,266Additional noninterest expense
$1,563Pre-tax net operating income
$11Securities gains (losses)
$497Applicable income taxes
$1,077Income before extraordinary items
$0Extraordinary gains - net
$1,077Net income attributable to bank
$0Net charge-offs
$1,077Cash dividends
$30Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.82%Yield on earning assets
0.76%Cost of funding earning assets
3.05%Net interest margin
0.70%Noninterest income to earning assets
2.28%Noninterest expense to earning assets
0.94%Net operating income to assets
0.94%Return on assets (ROA)
1.38%Pretax return on assets
13.37%Return on equity (ROE)
0.96%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
230.00%Credit loss provision to net charge-offs
54.40%Efficiency ratio
60,845Assets per employee
8.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.85%Loss allowance to loans
1.58%Loss allowance to noncurrent loans
2140.54%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.07%Net loans and leases to deposits
51.70%Net loans and leases to core deposits
54.87%Equity capital to assets
7.04%Core capital (leverage) ratio
6.92%Tier 1 risk-based capital ratio
14.51%Total risk-based capital ratio
Memoranda
$16Average assets
$114,244Average earning assets
$8,058Average equity
$111,211Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5994
Bremer Bank, National Association
345 Fourth Avenue, International Falls, MN 56649
January 01, 1908
Full Service Brick and Mortar
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