Community First National Bank of Mabel in Mabel, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 02, 1995

Community First National Bank of Mabel in Mabel, Minnesota (MN)
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Community First National Bank of Mabel - Overview

General
FDIC Certificate #: 5187
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First National Bank (#5281)
Federal Reserve ID: 31554
Date Established: January 01, 1893
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
OTS Docket #: 10231
FDIC's unique #: 3477
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: October 02, 1995
Last Structure Change Process Date: October 24, 1995
Last Data Update: October 24, 1995
Data Source Date: April 05, 2012
Location
Address: 101 East Newburg, Mabel, MN 55954
County: Fillmore
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $24.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$25,713Cash and due from depository institutions
$866Interest-bearing balances
$59Securities
$9,047Federal funds sold & reverse repurchase agreements
$575Net loans & leases
$14,381Loan loss allowance
$253Trading account assets
$0Bank premises and fixed assets
$131Other real estate owned
$0Goodwill and other intangibles
$713Life insurance assets
$0All other assets
$0Total liabilities and capital
$25,713Total liabilities
$23,660Total deposits
$21,703Interest-bearing deposits
$19,311Deposits held in domestic offices
21703.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$800Trading liabilities
$0Other borrowed funds
$990Subordinated debt
$0All other liabilities
$167Total equity capital
$167Total bank equity capital
$2,053Perpetual preferred stock
$0Common stock
$500Surplus
$600Undivided profits
Memoranda
$953Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$396Income earned, not collected on loans
$377Earning assets
$24,062Long-term assets (5+ years)
$4,378Average Assets, year-to-date
$25,760Average Assets, quarterly
$25,418Volatile liabilities
$1,853Insider loans
$249FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,330Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,197Total risk weighted assets
$16,591Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,880Total interest expense
$852Net interest income
$1,028Provision for loan and lease losses
$22Total noninterest income
$125Fiduciary activities
$0Service charges on deposit accounts
$70Trading account gains & fees
$0Additional noninterest income
$55Total noninterest expense
$677Salaries and employee benefits
$348Premises and equipment expense
$89Additional noninterest expense
$240Pre-tax net operating income
$454Securities gains (losses)
$1Applicable income taxes
$150Income before extraordinary items
$305Extraordinary gains - net
$0Net income attributable to bank
$305Net charge-offs
$17Cash dividends
$410Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.73%Cost of funding earning assets
3.50%Net interest margin
4.23%Noninterest income to earning assets
0.51%Noninterest expense to earning assets
2.78%Net operating income to assets
1.18%Return on assets (ROA)
1.18%Pretax return on assets
1.77%Return on equity (ROE)
13.64%Retained earnings to average equity (YTD only)
-4.70%Net charge-offs to loans
0.11%Credit loss provision to net charge-offs
129.41%Efficiency ratio
58,716Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
134.43%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
63.89%Noncurrent assets plus other real estate owned to assets
1.54%Noncurrent loans to loans
2.71%Net loans and leases to deposits
66.26%Net loans and leases to core deposits
69.64%Equity capital to assets
7.98%Core capital (leverage) ratio
8.64%Tier 1 risk-based capital ratio
13.24%Total risk-based capital ratio
Memoranda
$14Average assets
$25,760Average earning assets
$2,236Average equity
$24,331Average loans

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