First Bank Central, National Association in city_name, state_name

First Bank Central, National Association in St. Cloud, Minnesota (MN)
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First Bank Central, National Association - Overview

General
FDIC Certificate #: 22718
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank National Association (#5199)
Federal Reserve ID: 178552
Date Established: September 18, 1978
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)
FDIC's unique #: 15859
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: September 18, 1978
Last Structure Change Effective Date: October 08, 1993
Last Structure Change Process Date: October 20, 1993
Last Data Update: October 20, 1993
Data Source Date: April 05, 2012
Location
Address: 3950 North Third Street, St. Cloud, MN 56301
County: Stearns
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
Metropolitan Statistical Area (MSA): St. Cloud, MN (#6980)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
CBSA Metro Statistical Area: St. Cloud, MN (#41060)
Financial Summary
Total assets: $266.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$96Total assets
$298,883Cash and due from depository institutions
$25,758Interest-bearing balances
$200Securities
$24,710Federal funds sold & reverse repurchase agreements
$30,017Net loans & leases
$211,204Loan loss allowance
$1,951Trading account assets
$0Bank premises and fixed assets
$3,989Other real estate owned
$188Goodwill and other intangibles
$3,017Life insurance assets
$0All other assets
$0Total liabilities and capital
$298,883Total liabilities
$280,849Total deposits
$271,000Interest-bearing deposits
$221,453Deposits held in domestic offices
271000.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$7,550All other liabilities
$2,299Total equity capital
$2,299Total bank equity capital
$18,034Perpetual preferred stock
$0Common stock
$5,500Surplus
$11,916Undivided profits
Memoranda
$618Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$589Income earned, not collected on loans
$971Earning assets
$266,131Long-term assets (5+ years)
$25,754Average Assets, year-to-date
$287,169Average Assets, quarterly
$288,420Volatile liabilities
$12,253Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$213,929Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$18,034Total risk weighted assets
$220,883Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$20,539Total interest expense
$10,457Net interest income
$10,082Provision for loan and lease losses
$521Total noninterest income
$3,238Fiduciary activities
$0Service charges on deposit accounts
$1,073Trading account gains & fees
$0Additional noninterest income
$2,165Total noninterest expense
$11,011Salaries and employee benefits
$3,268Premises and equipment expense
$901Additional noninterest expense
$6,842Pre-tax net operating income
$1,788Securities gains (losses)
$0Applicable income taxes
$707Income before extraordinary items
$1,081Extraordinary gains - net
$1,387Net income attributable to bank
$2,468Net charge-offs
$287Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.79%Cost of funding earning assets
3.97%Net interest margin
3.82%Noninterest income to earning assets
1.23%Noninterest expense to earning assets
4.18%Net operating income to assets
0.38%Return on assets (ROA)
0.86%Pretax return on assets
1.11%Return on equity (ROE)
15.17%Retained earnings to average equity (YTD only)
15.17%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
181.53%Efficiency ratio
82,665Assets per employee
3.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
331.24%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.28%Net loans and leases to deposits
77.94%Net loans and leases to core deposits
81.63%Equity capital to assets
6.03%Core capital (leverage) ratio
6.30%Tier 1 risk-based capital ratio
8.16%Total risk-based capital ratio
Memoranda
$12Average assets
$287,169Average earning assets
$16,272Average equity
$263,597Average loans

First Bank Central, National Association in St. Cloud, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Central, National Association - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

First Bank Central, National Association in St. Cloud, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Central, National Association - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

First Bank Central, National Association in St. Cloud, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches