FDIC Certificate #: 8543 Status: Active Federal Reserve ID: 185457 Bank Holding Company (Regulatory Top Holder): Prairie Bancshares, Inc. (RSSDID: 1125058, Location: Lester Prairie, MN) Date Established: October 23, 1919 WWW:http://www.fcblesterprairie.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 5451 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 201 West Main Street, Silver Lake, MN 55381 County: Mcleod Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Mankato Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Hutchinson, MN (#26780) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $24.9 mil Equity capital: $2.6 mil Deposits held in domestic offices: $22.3 mil Return on assets (ROA): 1.08% ($0.3 mil) Quarterly return on assets: 0.45% ($0.1 mil) Return on Equity (ROE): 11.89% ($0.4 mil) Quarterly return on equity: 4.38% ($0.1 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.08% ($268.9 mil) Quarterly Pretax return on assets: 0.45% ($112.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$24,896Total assets
$2,507Cash and due from depository institutions
$100Interest-bearing balances
$11,346Securities
$1,000Federal funds sold & reverse repurchase agreements
$9,246Net loans & leases
$154Loan loss allowance
$0Trading account assets
$264Bank premises and fixed assets
$60Other real estate owned
$0Goodwill and other intangibles
$24,895Life insurance assets
$473All other assets
$22,297Total liabilities and capital
$22,259Total liabilities
$20,491Total deposits
$22,259Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$38Subordinated debt
$2,598All other liabilities
$2,598Total equity capital
$2,598Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$1,450Surplus
$848Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$147Long-term assets (5+ years)
$21,692Average Assets, year-to-date
$12,373Average Assets, quarterly
$24,622Volatile liabilities
$24,863Insider loans
$13,003FHLB advances
$25,125Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,131Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,640Restructured Loans and leases
$42Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$991Total interest income
$219Total interest expense
$772Net interest income
$74Provision for loan and lease losses
$31Total noninterest income
$0Fiduciary activities
$19Service charges on deposit accounts
$0Trading account gains & fees
$12Additional noninterest income
$662Total noninterest expense
$344Salaries and employee benefits
$113Premises and equipment expense
$205Additional noninterest expense
$67Pre-tax net operating income
$200Securities gains (losses)
$0Applicable income taxes
$267Income before extraordinary items
$0Extraordinary gains - net
$267Net income attributable to bank
$0Net charge-offs
$267Cash dividends
$77Sale, conversion, retirement of capital stock, net
$350Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.42%Yield on earning assets
0.98%Cost of funding earning assets
3.44%Net interest margin
0.14%Noninterest income to earning assets
2.95%Noninterest expense to earning assets
0.27%Net operating income to assets
1.08%Return on assets (ROA)
1.08%Pretax return on assets
11.89%Return on equity (ROE)
-3.70%Retained earnings to average equity (YTD only)
0.78%Net charge-offs to loans
96.10%Credit loss provision to net charge-offs
1.83%Efficiency ratio
82,441Assets per employee
4.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
131.09%Loss allowance to loans
1.64%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.00%Net loans and leases to deposits
41.54%Net loans and leases to core deposits
43.49%Equity capital to assets
10.44%Core capital (leverage) ratio
8.48%Tier 1 risk-based capital ratio
16.39%Total risk-based capital ratio
Memoranda
$18Average assets
$24,622Average earning assets
$2,245Average equity
$22,417Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5451
First Community Bank Silver Lake
201 West Main Street, Silver Lake, MN 55381
October 23, 1919
Full Service Brick and Mortar
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