FDIC Certificate #: 16115 Status: Active Federal Reserve ID: 188757 Bank Holding Company (Regulatory Top Holder): Medr Bancshares, Inc. (RSSDID: 1122703, Location: Erskine, MN) Date Established: January 03, 1944 WWW:http://www.ffbtwinvalley.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 #: 10331 Numeric code: 21 Regulator: FDIC 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 03, 1944 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: 205 Main Avenue West, Twin Valley, MN 56584 County: Norman Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Forks Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $16.1 mil Equity capital: $2.0 mil Deposits held in domestic offices: $14.0 mil Return on assets (ROA): 0.40% ($0.1 mil) Quarterly return on assets: 0.18% ($0.0 mil) Return on Equity (ROE): 3.48% ($0.1 mil) Quarterly return on equity: 1.37% ($0.0 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.40% ($64.4 mil) Quarterly Pretax return on assets: 0.18% ($29.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$16,095Total assets
$2,435Cash and due from depository institutions
$1,929Interest-bearing balances
$6,249Securities
$3,000Federal funds sold & reverse repurchase agreements
$4,095Net loans & leases
$109Loan loss allowance
$0Trading account assets
$153Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$16,095Life insurance assets
$163All other assets
$14,054Total liabilities and capital
$14,039Total liabilities
$9,760Total deposits
$14,039Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$15Subordinated debt
$2,041All other liabilities
$2,041Total equity capital
$2,041Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$950Surplus
$1,041Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$74Income earned, not collected on loans
$70Earning assets
$103Long-term assets (5+ years)
$15,273Average Assets, year-to-date
$4,618Average Assets, quarterly
$16,113Volatile liabilities
$15,833Insider loans
$5,654FHLB advances
$16,072Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,880Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$495Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$520Total interest income
$54Total interest expense
$466Net interest income
$5Provision for loan and lease losses
$84Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$13Additional noninterest income
$480Total noninterest expense
$258Salaries and employee benefits
$75Premises and equipment expense
$147Additional noninterest expense
$65Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$65Income before extraordinary items
$0Extraordinary gains - net
$65Net income attributable to bank
$0Net charge-offs
$65Cash dividends
$25Sale, conversion, retirement of capital stock, net
$27Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.40%Yield on earning assets
0.35%Cost of funding earning assets
3.05%Net interest margin
0.55%Noninterest income to earning assets
3.14%Noninterest expense to earning assets
0.40%Net operating income to assets
0.40%Return on assets (ROA)
0.40%Pretax return on assets
3.48%Return on equity (ROE)
2.03%Retained earnings to average equity (YTD only)
0.54%Net charge-offs to loans
20.00%Credit loss provision to net charge-offs
2.80%Efficiency ratio
87,273Assets per employee
3.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.54%Loss allowance to loans
2.59%Loss allowance to noncurrent loans
147.30%Noncurrent assets plus other real estate owned to assets
0.46%Noncurrent loans to loans
1.76%Net loans and leases to deposits
29.17%Net loans and leases to core deposits
29.17%Equity capital to assets
12.68%Core capital (leverage) ratio
11.70%Tier 1 risk-based capital ratio
33.25%Total risk-based capital ratio
Memoranda
$35Average assets
$16,113Average earning assets
$1,870Average equity
$15,303Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10331
First Financial Bank
205 Main Avenue West, Twin Valley, MN 56584
January 03, 1944
Full Service Brick and Mortar
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