First Community Bank in city_name, state_name - Detailed Financial Reports, Location

First Community Bank in Savage, Minnesota (MN)
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First Community Bank - Overview

General
FDIC Certificate #: 8852
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: KleinBank (#1414)
Federal Reserve ID: 48552
Date Established: September 04, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 15678
FDIC's unique #: 5647
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 08, 2008
Last Structure Change Process Date: April 03, 2008
Last Data Update: April 03, 2008
Data Source Date: April 05, 2012
Location
Address: 14141 Glendale Road, Savage, MN 55378
County: Scott
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: $120.1 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, 2007)

Dollar figures in thousands
17Total employees (full-time equivalent)
$120,096Total assets
$6,906Cash and due from depository institutions
$105Interest-bearing balances
$18,786Securities
$5,500Federal funds sold & reverse repurchase agreements
$86,261Net loans & leases
$1,140Loan loss allowance
$0Trading account assets
$335Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$1,206Life insurance assets
$2,308All other assets
$120,096Total liabilities and capital
$108,961Total liabilities
$99,478Total deposits
$73,790Interest-bearing deposits
$99,478Deposits held in domestic offices
0.00%% insured (estimated)
$5,745Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,200Other borrowed funds
$0Subordinated debt
$1,538All other liabilities
$11,135Total equity capital
$11,135Total bank equity capital
$11,135Perpetual preferred stock
$0Common stock
$100Surplus
$7,910Undivided profits
Memoranda
$3,125Noncurrent loans and leases
$21,365Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$635Average Assets, year-to-date
$110,652Average Assets, quarterly
$10,867Volatile liabilities
$117,309Insider loans
$119,230FHLB advances
$18,484Loans and leases held for sale
$103Unused loan commitments
$1,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,365Total unused commitments
$0Restructured Loans and leases
$1,140Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$7,790Total interest income
$2,996Total interest expense
$4,794Net interest income
$110Provision for loan and lease losses
$455Total noninterest income
$0Fiduciary activities
$264Service charges on deposit accounts
$0Trading account gains & fees
$191Additional noninterest income
$2,982Total noninterest expense
$1,983Salaries and employee benefits
$562Premises and equipment expense
$437Additional noninterest expense
$2,157Pre-tax net operating income
$1Securities gains (losses)
$3Applicable income taxes
$2,155Income before extraordinary items
$0Extraordinary gains - net
$2,155Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1Sale, conversion, retirement of capital stock, net
$1,680Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.17%Yield on earning assets
2.76%Cost of funding earning assets
4.41%Net interest margin
0.42%Noninterest income to earning assets
2.75%Noninterest expense to earning assets
1.84%Net operating income to assets
1.84%Return on assets (ROA)
1.84%Pretax return on assets
19.57%Return on equity (ROE)
4.31%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
11000.00%Credit loss provision to net charge-offs
2267.00%Efficiency ratio
56,811Assets per employee
7.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.96%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
86.71%Net loans and leases to core deposits
98.99%Equity capital to assets
9.27%Core capital (leverage) ratio
9.27%Tier 1 risk-based capital ratio
11.08%Total risk-based capital ratio
Memoranda
$12Average assets
$117,309Average earning assets
$11,011Average equity
$108,598Average loans

First Community Bank in Savage, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

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

First Community Bank in Savage, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

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

First Community Bank in Savage, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches