FDIC Certificate #: 5190 Status: Active Federal Reserve ID: 93758 Bank Holding Company (Regulatory Top Holder): Mahnomen Bancshares, Inc. (RSSDID: 1127959, Location: Mahnomen, MN) Date Established: June 08, 1926 WWW:http://www.mahnomenbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 3480 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: May 17, 2006 Last Structure Change Process Date: May 24, 2006 Last Data Update: May 24, 2006 Data Source Date: April 05, 2012
Location
Address: 103 N. Main Street, Mahnomen, MN 56557 County: Mahnomen 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
Change in Location
Financial Summary
Total assets: $72.5 mil Equity capital: $6.9 mil Deposits held in domestic offices: $65.4 mil Return on assets (ROA): 0.88% ($0.6 mil) Quarterly return on assets: 1.46% ($1.1 mil) Return on Equity (ROE): 9.63% ($0.7 mil) Quarterly return on equity: 15.18% ($1.1 mil) Net income: $0.6 mil Quarterly Net income: $0.3 mil Pretax return on assets: 0.88% ($637.6 mil) Quarterly Pretax return on assets: 1.46% ($1,057.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$72,456Total assets
$13,359Cash and due from depository institutions
$5,088Interest-bearing balances
$17,467Securities
$0Federal funds sold & reverse repurchase agreements
$37,951Net loans & leases
$549Loan loss allowance
$0Trading account assets
$366Bank premises and fixed assets
$356Other real estate owned
$0Goodwill and other intangibles
$72,456Life insurance assets
$2,957All other assets
$65,538Total liabilities and capital
$65,372Total liabilities
$55,670Total deposits
$65,372Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$166Subordinated debt
$6,918All other liabilities
$6,918Total equity capital
$6,918Total bank equity capital
$0Perpetual preferred stock
$25Common stock
$1,191Surplus
$5,702Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$333Income earned, not collected on loans
$0Earning assets
$487Long-term assets (5+ years)
$60,506Average Assets, year-to-date
$19,999Average Assets, quarterly
$69,753Volatile liabilities
$70,884Insider loans
$39,821FHLB advances
$71,852Loans and leases held for sale
$1,457Unused loan commitments
$1,457Tier 1 (core) risk-based capital
$6,380Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,791Restructured Loans and leases
$327Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,257Total interest income
$576Total interest expense
$2,681Net interest income
$140Provision for loan and lease losses
$421Total noninterest income
$0Fiduciary activities
$304Service charges on deposit accounts
$0Trading account gains & fees
$117Additional noninterest income
$2,349Total noninterest expense
$1,301Salaries and employee benefits
$51Premises and equipment expense
$997Additional noninterest expense
$613Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$613Income before extraordinary items
$0Extraordinary gains - net
$613Net income attributable to bank
$0Net charge-offs
$613Cash dividends
$238Sale, conversion, retirement of capital stock, net
$325Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.31%Yield on earning assets
0.94%Cost of funding earning assets
4.37%Net interest margin
0.69%Noninterest income to earning assets
3.83%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
0.88%Pretax return on assets
9.63%Return on equity (ROE)
4.53%Retained earnings to average equity (YTD only)
0.58%Net charge-offs to loans
58.82%Credit loss provision to net charge-offs
3.16%Efficiency ratio
75,725Assets per employee
4.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.02%Loss allowance to loans
1.43%Loss allowance to noncurrent loans
164.86%Noncurrent assets plus other real estate owned to assets
0.95%Noncurrent loans to loans
0.86%Net loans and leases to deposits
58.05%Net loans and leases to core deposits
64.57%Equity capital to assets
9.55%Core capital (leverage) ratio
8.88%Tier 1 risk-based capital ratio
16.02%Total risk-based capital ratio
Memoranda
$17Average assets
$69,753Average earning assets
$6,362Average equity
$61,363Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3480
First National Bank In Mahnomen
103 N. Main Street, Mahnomen, MN 56557
June 08, 1926
Full Service Brick and Mortar
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