First Bank of North Dakota, National Association in city_name, state_name

First Bank of North Dakota, National Association in Fargo, North Dakota (ND)
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First Bank of North Dakota, National Association - Overview

General
FDIC Certificate #: 3925
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank, Federal Savings Bank (#28256)
Federal Reserve ID: 991256
Date Established: July 01, 1890
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 15 (Interstate: No)
FDIC's unique #: 2560
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: Febuary 21, 1995
Last Structure Change Process Date: April 26, 1995
Last Data Update: April 26, 1995
Data Source Date: April 05, 2012
Location
Address: 505 Second Avenue, North, Fargo, ND 58102
County: Cass
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
Metropolitan Statistical Area (MSA): Fargo-Moorhead, ND-MN (#2520)
Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
Financial Summary
Total assets: $880.9 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)
$209Total assets
$880,897Cash and due from depository institutions
$82,641Interest-bearing balances
$0Securities
$88,530Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$660,478Loan loss allowance
$8,587Trading account assets
$0Bank premises and fixed assets
$6,053Other real estate owned
$1,611Goodwill and other intangibles
$12,521Life insurance assets
$29,063All other assets
$0Total liabilities and capital
$880,897Total liabilities
$780,448Total deposits
$732,294Interest-bearing deposits
$581,755Deposits held in domestic offices
732294.00%% insured (estimated)
$83Federal funds purchased & repurchase agreements
$13,700Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$16,650All other liabilities
$17,804Total equity capital
$17,804Total bank equity capital
$100,449Perpetual preferred stock
$0Common stock
$19,521Surplus
$64,742Undivided profits
Memoranda
$16,186Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,647Income earned, not collected on loans
$3,806Earning assets
$749,008Long-term assets (5+ years)
$159,418Average Assets, year-to-date
$817,764Average Assets, quarterly
$878,682Volatile liabilities
$47,758Insider loans
$8FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$506,417Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$78,314Total risk weighted assets
$817,345Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$59,258Total interest expense
$18,392Net interest income
$40,866Provision for loan and lease losses
$3,759Total noninterest income
$5,422Fiduciary activities
$0Service charges on deposit accounts
$2,716Trading account gains & fees
$0Additional noninterest income
$2,706Total noninterest expense
$29,174Salaries and employee benefits
$6,403Premises and equipment expense
$3,076Additional noninterest expense
$19,695Pre-tax net operating income
$13,355Securities gains (losses)
$2Applicable income taxes
$5,758Income before extraordinary items
$7,599Extraordinary gains - net
$0Net income attributable to bank
$7,599Net charge-offs
$2,650Cash dividends
$2,998Sale, conversion, retirement of capital stock, net
$26,816Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.29%Cost of funding earning assets
2.57%Net interest margin
5.72%Noninterest income to earning assets
0.76%Noninterest expense to earning assets
4.08%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
1.63%Return on equity (ROE)
9.00%Retained earnings to average equity (YTD only)
5.45%Net charge-offs to loans
0.44%Credit loss provision to net charge-offs
141.85%Efficiency ratio
58,056Assets per employee
4.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.45%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
324.40%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.40%Net loans and leases to deposits
90.19%Net loans and leases to core deposits
94.59%Equity capital to assets
11.40%Core capital (leverage) ratio
9.47%Tier 1 risk-based capital ratio
9.58%Total risk-based capital ratio
Memoranda
$13Average assets
$817,764Average earning assets
$84,477Average equity
$714,522Average loans

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

First Bank of North Dakota, National Association - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

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

First Bank of North Dakota, National Association - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

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