FDIC Certificate #: 17225 Status: Active Federal Reserve ID: 1010051 Bank Holding Company (Regulatory Top Holder): Minnesota Bancshares, Inc. (RSSDID: 3445675, Location: Heron Lake, MN) Date Established: May 29, 1953 WWW:http://www.commercialbankmn.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 11252 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: May 29, 1953 Last Structure Change Effective Date: July 01, 2008 Last Structure Change Process Date: July 03, 2008 Last Data Update: July 03, 2008 Data Source Date: April 05, 2012
Location
Address: 274 10th Street, Heron Lake, MN 56137 County: Jackson 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
History of Changes
Name Change
Financial Summary
Total assets: $35.0 mil Equity capital: $3.9 mil Deposits held in domestic offices: $31.0 mil Return on assets (ROA): 0.72% ($0.3 mil) Quarterly return on assets: 0.34% ($0.1 mil) Return on Equity (ROE): 6.66% ($0.3 mil) Quarterly return on equity: 3.05% ($0.1 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.72% ($251.8 mil) Quarterly Pretax return on assets: 0.34% ($118.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$34,974Total assets
$4,739Cash and due from depository institutions
$3,250Interest-bearing balances
$7,106Securities
$0Federal funds sold & reverse repurchase agreements
$19,627Net loans & leases
$365Loan loss allowance
$0Trading account assets
$569Bank premises and fixed assets
$1,551Other real estate owned
$671Goodwill and other intangibles
$34,974Life insurance assets
$711All other assets
$31,032Total liabilities and capital
$30,984Total liabilities
$23,242Total deposits
$30,984Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$48Subordinated debt
$3,942All other liabilities
$3,942Total equity capital
$3,942Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$3,419Surplus
$423Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$395Income earned, not collected on loans
$0Earning assets
$206Long-term assets (5+ years)
$29,983Average Assets, year-to-date
$4,040Average Assets, quarterly
$35,324Volatile liabilities
$35,785Insider loans
$24,123FHLB advances
$35,509Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,257Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,621Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,645Total interest income
$226Total interest expense
$1,419Net interest income
$42Provision for loan and lease losses
$122Total noninterest income
$0Fiduciary activities
$43Service charges on deposit accounts
$0Trading account gains & fees
$79Additional noninterest income
$1,279Total noninterest expense
$640Salaries and employee benefits
$191Premises and equipment expense
$448Additional noninterest expense
$220Pre-tax net operating income
$36Securities gains (losses)
$0Applicable income taxes
$256Income before extraordinary items
$0Extraordinary gains - net
$256Net income attributable to bank
$0Net charge-offs
$256Cash dividends
-$8Sale, conversion, retirement of capital stock, net
$312Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.37%Yield on earning assets
0.74%Cost of funding earning assets
4.63%Net interest margin
0.40%Noninterest income to earning assets
4.17%Noninterest expense to earning assets
0.62%Net operating income to assets
0.72%Return on assets (ROA)
0.72%Pretax return on assets
6.66%Return on equity (ROE)
-1.46%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-525.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
82,998Assets per employee
3.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
121.88%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
92.41%Noncurrent assets plus other real estate owned to assets
5.56%Noncurrent loans to loans
1.98%Net loans and leases to deposits
63.35%Net loans and leases to core deposits
65.68%Equity capital to assets
11.27%Core capital (leverage) ratio
9.17%Tier 1 risk-based capital ratio
13.50%Total risk-based capital ratio
Memoranda
$15Average assets
$35,324Average earning assets
$3,845Average equity
$30,642Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11252
Commercial Bank Of Minnesota
274 10th Street, Heron Lake, MN 56137
May 29, 1953
Full Service Brick and Mortar
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