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

This bank is inactive as of January 03, 1995

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

General
FDIC Certificate #: 15502
Status: Inactive
Closing history: Corrections
Acquiring institution: Community First National Bank (#5281)
Federal Reserve ID: 693251
Date Established: June 20, 1903
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 9752
FDIC's unique #: 9802
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: June 01, 1937
Last Structure Change Effective Date: January 03, 1995
Last Structure Change Process Date: January 12, 1995
Last Data Update: April 25, 1995
Data Source Date: April 05, 2012
Location
Address: 1410 East College Drive, Marshall, MN 56258
County: Lyon
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Marshall, MN (#32140)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $69.4 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)
$24Total assets
$69,404Cash and due from depository institutions
$2,709Interest-bearing balances
$110Securities
$21,865Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$42,661Loan loss allowance
$571Trading account assets
$0Bank premises and fixed assets
$770Other real estate owned
$0Goodwill and other intangibles
$1,399Life insurance assets
$0All other assets
$0Total liabilities and capital
$69,404Total liabilities
$64,764Total deposits
$60,448Interest-bearing deposits
$53,838Deposits held in domestic offices
60448.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$1,943Trading liabilities
$0Other borrowed funds
$1,850Subordinated debt
$0All other liabilities
$523Total equity capital
$523Total bank equity capital
$4,640Perpetual preferred stock
$0Common stock
$1,150Surplus
$1,920Undivided profits
Memoranda
$1,570Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$17Income earned, not collected on loans
$487Earning assets
$64,636Long-term assets (5+ years)
$10,172Average Assets, year-to-date
$68,454Average Assets, quarterly
$68,896Volatile liabilities
$7,545Insider loans
$23FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$8,471Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,675Total risk weighted assets
$47,861Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$4,619Total interest expense
$1,828Net interest income
$2,791Provision for loan and lease losses
$85Total noninterest income
$360Fiduciary activities
$0Service charges on deposit accounts
$270Trading account gains & fees
$0Additional noninterest income
$90Total noninterest expense
$1,754Salaries and employee benefits
$702Premises and equipment expense
$197Additional noninterest expense
$855Pre-tax net operating income
$1,312Securities gains (losses)
$26Applicable income taxes
$502Income before extraordinary items
$836Extraordinary gains - net
$0Net income attributable to bank
$836Net charge-offs
$3Cash dividends
$1,006Sale, 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
7.18%Cost of funding earning assets
2.84%Net interest margin
4.34%Noninterest income to earning assets
0.56%Noninterest expense to earning assets
2.73%Net operating income to assets
1.20%Return on assets (ROA)
1.22%Pretax return on assets
1.95%Return on equity (ROE)
17.62%Retained earnings to average equity (YTD only)
-3.58%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
2833.33%Efficiency ratio
55,665Assets per employee
2.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
120.33%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
3358.82%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.04%Net loans and leases to deposits
70.57%Net loans and leases to core deposits
75.25%Equity capital to assets
6.69%Core capital (leverage) ratio
6.85%Tier 1 risk-based capital ratio
9.77%Total risk-based capital ratio
Memoranda
$11Average assets
$68,454Average earning assets
$4,744Average equity
$64,304Average loans

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