FDIC Certificate #: 5111 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:KleinBank (#1414) Federal Reserve ID: 279253 Date Established: September 01, 1906 WWW:http://www.kleinet.comchaska/ Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 12479 FDIC's unique #: 3418 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: April 02, 2005 Last Structure Change Process Date: April 22, 2005 Last Data Update: April 22, 2005 Data Source Date: April 05, 2012
Location
Address: 301 Chestnut Street, Chaska, MN 55318 County: Carver 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: $177.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
33Total employees (full-time equivalent)
$181,772Total assets
$9,418Cash and due from depository institutions
$1,005Interest-bearing balances
$53,231Securities
$2,791Federal funds sold & reverse repurchase agreements
$108,938Net loans & leases
$1,555Loan loss allowance
$0Trading account assets
$3,524Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,870All other assets
$181,772Total liabilities and capital
$163,738Total liabilities
$161,663Total deposits
$120,511Interest-bearing deposits
$161,663Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,394Other borrowed funds
$0Subordinated debt
$681All other liabilities
$18,034Total equity capital
$18,034Total bank equity capital
$18,034Perpetual preferred stock
$0Common stock
$206Surplus
$844Undivided profits
Memoranda
$16,984Noncurrent loans and leases
$36,686Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,454Earning assets
$514Long-term assets (5+ years)
$763Average Assets, year-to-date
$165,965Average Assets, quarterly
$20,047Volatile liabilities
$175,131Insider loans
$176,903FHLB advances
$13,657Loans and leases held for sale
$3,739Unused loan commitments
$500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,018Total risk weighted assets
$36,686Total unused commitments
$0Restructured Loans and leases
$1,555Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$7,805Total interest income
$1,440Total interest expense
$6,365Net interest income
$1,126Provision for loan and lease losses
$2,816Total noninterest income
$0Fiduciary activities
$1,222Service charges on deposit accounts
$0Trading account gains & fees
$1,594Additional noninterest income
$6,467Total noninterest expense
$3,088Salaries and employee benefits
$752Premises and equipment expense
$2,627Additional noninterest expense
$1,588Pre-tax net operating income
$11Securities gains (losses)
$12Applicable income taxes
$1,587Income before extraordinary items
$0Extraordinary gains - net
$1,587Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,063Sale, conversion, retirement of capital stock, net
$1,090Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.85%Yield on earning assets
0.90%Cost of funding earning assets
3.96%Net interest margin
1.75%Noninterest income to earning assets
4.02%Noninterest expense to earning assets
0.90%Net operating income to assets
0.91%Return on assets (ROA)
0.91%Pretax return on assets
8.89%Return on equity (ROE)
2.78%Retained earnings to average equity (YTD only)
1.02%Net charge-offs to loans
105.93%Credit loss provision to net charge-offs
2.55%Efficiency ratio
70,439Assets per employee
5.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.68%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
106.95%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
1.32%Net loans and leases to deposits
67.39%Net loans and leases to core deposits
72.92%Equity capital to assets
9.92%Core capital (leverage) ratio
10.35%Tier 1 risk-based capital ratio
12.67%Total risk-based capital ratio
Memoranda
$14Average assets
$175,131Average earning assets
$17,846Average equity
$160,828Average loans
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