First American Bank, National Association in Lisbon, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1997

First American Bank, National Association in Lisbon, North Dakota (ND)
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First American Bank, National Association - Overview

General
FDIC Certificate #: 12753
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BREMER BANK, NATIONAL ASSOCIATION (#34380)
Federal Reserve ID: 679853
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Interstate: No)
OTS Docket #: 12380
FDIC's unique #: 8080
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: August 01, 1997
Last Structure Change Process Date: October 20, 1997
Last Data Update: October 20, 1997
Data Source Date: April 05, 2012
Location
Address: 401 Main Street, Lisbon, ND 58054
County: Ransom
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $109.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$34Total assets
$97,033Cash and due from depository institutions
$5,937Interest-bearing balances
$0Securities
$32,857Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$55,617Loan loss allowance
$1,104Trading account assets
$0Bank premises and fixed assets
$870Other real estate owned
$0Goodwill and other intangibles
$1,752Life insurance assets
$0All other assets
$0Total liabilities and capital
$97,033Total liabilities
$87,336Total deposits
$74,056Interest-bearing deposits
$65,566Deposits held in domestic offices
74056.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$4,875Trading liabilities
$0Other borrowed funds
$7,500Subordinated debt
$0All other liabilities
$905Total equity capital
$905Total bank equity capital
$9,697Perpetual preferred stock
$0Common stock
$1,481Surplus
$4,522Undivided profits
Memoranda
$3,694Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$44Income earned, not collected on loans
$1,009Earning assets
$88,474Long-term assets (5+ years)
$20,168Average Assets, year-to-date
$93,113Average Assets, quarterly
$95,774Volatile liabilities
$16,396Insider loans
$2,108FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,024Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,645Total risk weighted assets
$67,210Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$6,685Total interest expense
$3,193Net interest income
$3,492Provision for loan and lease losses
$0Total noninterest income
$391Fiduciary activities
$0Service charges on deposit accounts
$256Trading account gains & fees
$0Additional noninterest income
$135Total noninterest expense
$2,424Salaries and employee benefits
$1,176Premises and equipment expense
$265Additional noninterest expense
$983Pre-tax net operating income
$1,459Securities gains (losses)
$1Applicable income taxes
$425Income before extraordinary items
$1,035Extraordinary gains - net
$0Net income attributable to bank
$1,035Net charge-offs
-$16Cash dividends
$800Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.73%Cost of funding earning assets
3.69%Net interest margin
4.04%Noninterest income to earning assets
0.45%Noninterest expense to earning assets
2.80%Net operating income to assets
1.11%Return on assets (ROA)
1.11%Pretax return on assets
1.57%Return on equity (ROE)
10.80%Retained earnings to average equity (YTD only)
2.45%Net charge-offs to loans
-0.03%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,426Assets per employee
2.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.29%Loss allowance to loans
1.95%Loss allowance to noncurrent loans
2509.09%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.08%Net loans and leases to deposits
75.10%Net loans and leases to core deposits
79.41%Equity capital to assets
9.99%Core capital (leverage) ratio
10.45%Tier 1 risk-based capital ratio
14.35%Total risk-based capital ratio
Memoranda
$16Average assets
$93,113Average earning assets
$9,584Average equity
$86,425Average loans

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