Northland Security Bank in city_name, state_name - Detailed Financial Reports, Location

Northland Security Bank in Ramsey, Minnesota (MN)
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Northland Security Bank - Overview

General
FDIC Certificate #: 34226
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First National Bank (#5148)
Federal Reserve ID: 2474315
Date Established: August 22, 1996
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
OTS Docket #: 15426
FDIC's unique #: 56985
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: August 22, 1996
Last Structure Change Effective Date: May 05, 2000
Last Structure Change Process Date: June 07, 2000
Last Data Update: June 07, 2000
Data Source Date: April 05, 2012
Location
Address: 14125 St. Francis Boulevard, Ramsey, MN 55303
County: Anoka
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: $36.4 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
15Total employees (full-time equivalent)
$34,650Total assets
$832Cash and due from depository institutions
$53Interest-bearing balances
$4,357Securities
$0Federal funds sold & reverse repurchase agreements
$27,951Net loans & leases
$267Loan loss allowance
$0Trading account assets
$1,205Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$305All other assets
$34,650Total liabilities and capital
$31,613Total liabilities
$29,703Total deposits
$24,531Interest-bearing deposits
$29,703Deposits held in domestic offices
0.00%% insured (estimated)
$1,200Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$210All other liabilities
$3,037Total equity capital
$3,037Total bank equity capital
$3,037Perpetual preferred stock
$0Common stock
$100Surplus
$2,900Undivided profits
Memoranda
$37Noncurrent loans and leases
$4,354Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$25Earning assets
$0Long-term assets (5+ years)
$147Average Assets, year-to-date
$32,361Average Assets, quarterly
$6,593Volatile liabilities
$34,048Insider loans
$34,274FHLB advances
$4,702Loans and leases held for sale
$44Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,354Total unused commitments
$0Restructured Loans and leases
$267Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$2,763Total interest income
$1,251Total interest expense
$1,512Net interest income
$77Provision for loan and lease losses
$111Total noninterest income
$0Fiduciary activities
$88Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$1,091Total noninterest expense
$553Salaries and employee benefits
$137Premises and equipment expense
$401Additional noninterest expense
$455Pre-tax net operating income
$0Securities gains (losses)
$24Applicable income taxes
$431Income before extraordinary items
$0Extraordinary gains - net
$431Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$27Sale, conversion, retirement of capital stock, net
$217Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.80%Yield on earning assets
3.99%Cost of funding earning assets
4.82%Net interest margin
0.35%Noninterest income to earning assets
3.48%Noninterest expense to earning assets
1.27%Net operating income to assets
1.27%Return on assets (ROA)
1.34%Pretax return on assets
14.03%Return on equity (ROE)
6.96%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
285.19%Credit loss provision to net charge-offs
19.70%Efficiency ratio
67,221Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.35%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
1068.00%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.09%Net loans and leases to deposits
94.10%Net loans and leases to core deposits
106.68%Equity capital to assets
8.76%Core capital (leverage) ratio
9.46%Tier 1 risk-based capital ratio
10.98%Total risk-based capital ratio
Memoranda
$12Average assets
$34,048Average earning assets
$3,073Average equity
$31,391Average loans

Northland Security Bank in Ramsey, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Northland Security Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Northland Security Bank in Ramsey, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Northland Security Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Northland Security Bank in Ramsey, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches