FDIC Certificate #: 58106 Status: Active Federal Reserve ID: 3374234 Bank Holding Company (Regulatory Top Holder): Riverland Bancorporation (RSSDID: 3374243, Location: Jordan, MN) Date Established: October 20, 2005 WWW:http://www.riverlandbank.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 #: 439881 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: Commercial Lending Specialization Date of Deposit Insurance: October 20, 2005 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: 700 Seville Drive, Jordan, MN 55352 County: Scott 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $26.6 mil Equity capital: $0.6 mil Deposits held in domestic offices: $25.8 mil Return on assets (ROA): -2.58% (-$0.7 mil) Quarterly return on assets: -2.01% (-$0.5 mil) Return on Equity (ROE): -78.24% (-$0.8 mil) Quarterly return on equity: -74.91% (-$0.7 mil) Net income: -$0.8 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -2.58% (-$685.2 mil) Quarterly Pretax return on assets: -2.01% (-$533.8 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$26,558Total assets
$5,032Cash and due from depository institutions
$3,503Interest-bearing balances
$1,933Securities
$0Federal funds sold & reverse repurchase agreements
$16,312Net loans & leases
$959Loan loss allowance
$0Trading account assets
$412Bank premises and fixed assets
$2,600Other real estate owned
$0Goodwill and other intangibles
$26,558Life insurance assets
$269All other assets
$25,911Total liabilities and capital
$25,792Total liabilities
$22,925Total deposits
$25,792Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$119Subordinated debt
$647All other liabilities
$647Total equity capital
$647Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$4,600Surplus
$-4,453Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$490Income earned, not collected on loans
$35Earning assets
$85Long-term assets (5+ years)
$21,748Average Assets, year-to-date
$1,077Average Assets, quarterly
$30,733Volatile liabilities
$26,717Insider loans
$18,448FHLB advances
$26,446Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$653Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,278Restructured Loans and leases
$58Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,283Total interest income
$379Total interest expense
$904Net interest income
$100Provision for loan and lease losses
$89Total noninterest income
$0Fiduciary activities
$46Service charges on deposit accounts
$0Trading account gains & fees
$43Additional noninterest income
$1,740Total noninterest expense
$655Salaries and employee benefits
$270Premises and equipment expense
$815Additional noninterest expense
-$847Pre-tax net operating income
$53Securities gains (losses)
$0Applicable income taxes
-$794Income before extraordinary items
$0Extraordinary gains - net
-$794Net income attributable to bank
$0Net charge-offs
-$794Cash dividends
$65Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.06%Yield on earning assets
1.49%Cost of funding earning assets
3.56%Net interest margin
0.35%Noninterest income to earning assets
6.86%Noninterest expense to earning assets
-2.76%Net operating income to assets
-2.58%Return on assets (ROA)
-2.58%Pretax return on assets
-78.24%Return on equity (ROE)
-78.24%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
153.85%Credit loss provision to net charge-offs
-11.49%Efficiency ratio
175,227Assets per employee
3.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.55%Loss allowance to noncurrent loans
195.71%Noncurrent assets plus other real estate owned to assets
11.63%Noncurrent loans to loans
2.84%Net loans and leases to deposits
63.24%Net loans and leases to core deposits
64.89%Equity capital to assets
2.44%Core capital (leverage) ratio
2.47%Tier 1 risk-based capital ratio
3.54%Total risk-based capital ratio
Memoranda
$5Average assets
$30,733Average earning assets
$1,015Average equity
$25,378Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
439881
Riverland Bank
700 Seville Drive, Jordan, MN 55352
October 20, 2005
Full Service Brick and Mortar
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