FDIC Certificate #: 5438 Status: Active Federal Reserve ID: 114859 Bank Holding Company (Regulatory Top Holder): First Of Minden Financial Corporation (RSSDID: 2850432, Location: Minden, NE) Date Established: September 04, 1883 WWW:http://www.firstofminden.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13618 FDIC's unique #: 3681 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 02, 2007 Last Structure Change Process Date: January 09, 2007 Last Data Update: January 09, 2007 Data Source Date: April 05, 2012
Location
Address: 315 East 4th Street, Minden, NE 68959 County: Kearney Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Island Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Kearney, NE (#28260) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Name Change
Change in Primary Regulatory Agency
Financial Summary
Total assets: $74.7 mil Equity capital: $7.0 mil Deposits held in domestic offices: $51.4 mil Return on assets (ROA): 0.66% ($0.5 mil) Quarterly return on assets: 0.26% ($0.2 mil) Return on Equity (ROE): 7.17% ($0.5 mil) Quarterly return on equity: 2.75% ($0.2 mil) Net income: $0.5 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.69% ($515.1 mil) Quarterly Pretax return on assets: 0.28% ($209.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
16Total employees (full-time equivalent)
$74,658Total assets
$2,192Cash and due from depository institutions
$416Interest-bearing balances
$40,054Securities
$400Federal funds sold & reverse repurchase agreements
$30,344Net loans & leases
$458Loan loss allowance
$0Trading account assets
$158Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$74,658Life insurance assets
$1,510All other assets
$67,653Total liabilities and capital
$51,420Total liabilities
$45,219Total deposits
$51,420Interest-bearing deposits
$93Deposits held in domestic offices
15007.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,151Trading liabilities
$0Other borrowed funds
$75Subordinated debt
$7,005All other liabilities
$7,005Total equity capital
$7,005Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$4,600Surplus
$2,005Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$733Income earned, not collected on loans
$0Earning assets
$698Long-term assets (5+ years)
$71,214Average Assets, year-to-date
$25,016Average Assets, quarterly
$71,113Volatile liabilities
$75,251Insider loans
$38,354FHLB advances
$73,412Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,050Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,199Restructured Loans and leases
$764Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,497Total interest income
$392Total interest expense
$2,105Net interest income
$125Provision for loan and lease losses
$241Total noninterest income
$25Fiduciary activities
$121Service charges on deposit accounts
$0Trading account gains & fees
$95Additional noninterest income
$1,764Total noninterest expense
$1,005Salaries and employee benefits
$175Premises and equipment expense
$584Additional noninterest expense
$457Pre-tax net operating income
$36Securities gains (losses)
$21Applicable income taxes
$472Income before extraordinary items
$0Extraordinary gains - net
$472Net income attributable to bank
$0Net charge-offs
$472Cash dividends
$76Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.67%Yield on earning assets
0.58%Cost of funding earning assets
3.09%Net interest margin
0.35%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
0.62%Net operating income to assets
0.66%Return on assets (ROA)
0.69%Pretax return on assets
7.17%Return on equity (ROE)
2.61%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
164.47%Credit loss provision to net charge-offs
7.66%Efficiency ratio
75,192Assets per employee
4.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.56%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
62.48%Noncurrent assets plus other real estate owned to assets
0.98%Noncurrent loans to loans
2.38%Net loans and leases to deposits
59.01%Net loans and leases to core deposits
61.07%Equity capital to assets
9.38%Core capital (leverage) ratio
8.24%Tier 1 risk-based capital ratio
15.77%Total risk-based capital ratio
Memoranda
$17Average assets
$71,113Average earning assets
$6,587Average equity
$68,121Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Bank and Trust Company.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: