Rural American Bank - Braham in Braham, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 21, 2011

  • Rural American Bank - Braham in Braham, Minnesota (MN)
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Rural American Bank - Braham - Overview

  • General
  • FDIC Certificate #: 5099
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Frandsen Bank & Trust (#1399)
    Federal Reserve ID: 103554
    Date Established: August 29, 1899
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 3408
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 21, 2011
    Last Structure Change Process Date: March 30, 2011
    Last Data Update: March 30, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 121 South Main, Braham, MN 55006
    County: Isanti
    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: $109.0 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, 2010)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $108,994Total assets
  • $1,602Cash and due from depository institutions
  • $644Interest-bearing balances
  • $41,006Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $58,126Net loans & leases
  • $1,383Loan loss allowance
  • $0Trading account assets
  • $1,200Bank premises and fixed assets
  • $296Other real estate owned
  • $3,644Goodwill and other intangibles
  • $1,560Life insurance assets
  • $3,120All other assets
  • $108,995Total liabilities and capital
  • $95,225Total liabilities
  • $93,005Total deposits
  • $83,504Interest-bearing deposits
  • $93,005Deposits held in domestic offices
  • 88.84%% insured (estimated)
  • $659Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,000Other borrowed funds
  • $0Subordinated debt
  • $561All other liabilities
  • $13,770Total equity capital
  • $13,770Total bank equity capital
  • $13,770Perpetual preferred stock
  • $0Common stock
  • $140Surplus
  • $12,560Undivided profits
  • Memoranda
  • $1,070Noncurrent loans and leases
  • $4,878Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,348Earning assets
  • $0Long-term assets (5+ years)
  • $464Average Assets, year-to-date
  • $99,776Average Assets, quarterly
  • $27,826Volatile liabilities
  • $105,627Insider loans
  • $108,424FHLB advances
  • $13,437Loans and leases held for sale
  • $202Unused loan commitments
  • $1,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,878Total unused commitments
  • $0Restructured Loans and leases
  • $801Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $4,966Total interest income
  • $1,009Total interest expense
  • $3,957Net interest income
  • $365Provision for loan and lease losses
  • $695Total noninterest income
  • $0Fiduciary activities
  • $308Service charges on deposit accounts
  • $0Trading account gains & fees
  • $387Additional noninterest income
  • $3,027Total noninterest expense
  • $1,395Salaries and employee benefits
  • $284Premises and equipment expense
  • $1,348Additional noninterest expense
  • $1,260Pre-tax net operating income
  • $12Securities gains (losses)
  • $1Applicable income taxes
  • $1,271Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,271Net income attributable to bank
  • $0Net charge-offs
  • $1,271Cash dividends
  • $187Sale, conversion, retirement of capital stock, net
  • $1,405Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 1.19%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 9.36%Return on equity (ROE)
  • -0.99%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 195.19%Credit loss provision to net charge-offs
  • 8.69%Efficiency ratio
  • 62,661Assets per employee
  • 4.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 110.54%Loss allowance to loans
  • 2.32%Loss allowance to noncurrent loans
  • 58.90%Noncurrent assets plus other real estate owned to assets
  • 2.43%Noncurrent loans to loans
  • 3.95%Net loans and leases to deposits
  • 62.50%Net loans and leases to core deposits
  • 72.45%Equity capital to assets
  • 12.63%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 15.89%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $105,627Average earning assets
  • $13,579Average equity
  • $95,436Average loans

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