First Bank National Association in city_name, state_name - Detailed Financial Reports, Location

First Bank National Association in Minneapolis, Minnesota (MN)
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First Bank National Association - Overview

General
FDIC Certificate #: 5199
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: U.S. Bank National Association (#5134)
Federal Reserve ID: 66855
Date Established: January 01, 1857
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 412 (Interstate: No)
FDIC's unique #: 3488
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 11, 1997
Last Structure Change Process Date: July 22, 1997
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
Location
Address: 601 Second Avenue South, Minneapolis, MN 55402
County: Hennepin
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): Minneapolis-St. Paul, MN-WI (#5120)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial Summary
Total assets: $35,555.0 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)
$3,515Total assets
$17,055,417Cash and due from depository institutions
$1,248,455Interest-bearing balances
$0Securities
$1,246,958Federal funds sold & reverse repurchase agreements
$1,334,066Net loans & leases
$11,813,105Loan loss allowance
$221,918Trading account assets
$147,168Bank premises and fixed assets
$83,424Other real estate owned
$4,071Goodwill and other intangibles
$970,871Life insurance assets
$207,299All other assets
$0Total liabilities and capital
$17,055,417Total liabilities
$15,751,263Total deposits
$11,402,330Interest-bearing deposits
$6,443,033Deposits held in domestic offices
11049424.00%% insured (estimated)
$50Federal funds purchased & repurchase agreements
$2,176,109Trading liabilities
$36,696Other borrowed funds
$1,188,656Subordinated debt
$535,000All other liabilities
$412,472Total equity capital
$412,472Total bank equity capital
$1,304,154Perpetual preferred stock
$0Common stock
$124,731Surplus
$501,403Undivided profits
Memoranda
$678,020Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$80,182Income earned, not collected on loans
$66,272Earning assets
$14,509,512Long-term assets (5+ years)
$2,489,676Average Assets, year-to-date
$16,703,929Average Assets, quarterly
$17,122,352Volatile liabilities
$3,878,001Insider loans
$542FHLB advances
$0Loans and leases held for sale
$33,991Unused loan commitments
$13,742,282Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,173,225Total risk weighted assets
$16,779,391Total unused commitments
$0Restructured Loans and leases
$5,002,463Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,183,601Total interest expense
$436,008Net interest income
$747,593Provision for loan and lease losses
$28,274Total noninterest income
$513,019Fiduciary activities
$60,961Service charges on deposit accounts
$65,093Trading account gains & fees
$18,995Additional noninterest income
$367,970Total noninterest expense
$656,135Salaries and employee benefits
$197,980Premises and equipment expense
$58,020Additional noninterest expense
$400,135Pre-tax net operating income
$576,203Securities gains (losses)
$423Applicable income taxes
$213,929Income before extraordinary items
$362,697Extraordinary gains - net
$0Net income attributable to bank
$362,697Net charge-offs
$37,862Cash dividends
$330,113Sale, 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
8.46%Cost of funding earning assets
3.12%Net interest margin
5.35%Noninterest income to earning assets
3.67%Noninterest expense to earning assets
4.69%Net operating income to assets
2.17%Return on assets (ROA)
2.17%Pretax return on assets
3.45%Return on equity (ROE)
27.97%Retained earnings to average equity (YTD only)
2.51%Net charge-offs to loans
0.32%Credit loss provision to net charge-offs
74.68%Efficiency ratio
48,874Assets per employee
4.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
91.02%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
276.77%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.67%Net loans and leases to deposits
103.60%Net loans and leases to core deposits
111.68%Equity capital to assets
7.65%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
6.99%Total risk-based capital ratio
Memoranda
$11Average assets
$16,703,929Average earning assets
$1,296,638Average equity
$13,983,294Average loans

First Bank National Association in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank National Association - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Bank National Association in Minneapolis, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank National Association - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Bank National Association in Minneapolis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches