Rural American Bank of Greenwald in city_name, state_name - Detailed Financial Reports, Location

Rural American Bank of Greenwald in Greenwald, Minnesota (MN)
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Rural American Bank of Greenwald - Overview

General
FDIC Certificate #: 27073
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First State Bank of Paynesville (#15447)
Federal Reserve ID: 1156379
Date Established: October 02, 1987
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 38678
Numeric code: 21
Regulator: FDIC
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: October 02, 1987
Last Structure Change Effective Date: April 01, 1994
Last Structure Change Process Date: April 19, 1994
Last Data Update: April 19, 1994
Data Source Date: April 05, 2012
Location
Address: Fifth Street And First Avenue, Greenwald, MN 56335
County: Stearns
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): St. Cloud, MN (#6980)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
CBSA Metro Statistical Area: St. Cloud, MN (#41060)
Financial Summary
Total assets: $16.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$17,490Cash and due from depository institutions
$650Interest-bearing balances
$0Securities
$6,435Federal funds sold & reverse repurchase agreements
$1,725Net loans & leases
$7,846Loan loss allowance
$140Trading account assets
$0Bank premises and fixed assets
$157Other real estate owned
$0Goodwill and other intangibles
$201Life insurance assets
$476All other assets
$0Total liabilities and capital
$17,490Total liabilities
$15,514Total deposits
$15,443Interest-bearing deposits
$14,071Deposits held in domestic offices
15443.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$71Total equity capital
$71Total bank equity capital
$1,976Perpetual preferred stock
$0Common stock
$50Surplus
$1,902Undivided profits
Memoranda
$24Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$182Income earned, not collected on loans
$65Earning assets
$16,006Long-term assets (5+ years)
$4,002Average Assets, year-to-date
$17,534Average Assets, quarterly
$17,244Volatile liabilities
$244Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$553Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,500Total risk weighted assets
$9,330Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$185Total interest expense
$61Net interest income
$124Provision for loan and lease losses
$0Total noninterest income
$5Fiduciary activities
$0Service charges on deposit accounts
$4Trading account gains & fees
$0Additional noninterest income
$1Total noninterest expense
$93Salaries and employee benefits
$49Premises and equipment expense
$14Additional noninterest expense
$30Pre-tax net operating income
$36Securities gains (losses)
$0Applicable income taxes
$12Income before extraordinary items
$24Extraordinary gains - net
$0Net income attributable to bank
$24Net charge-offs
$19Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
1.15%Cost of funding earning assets
0.38%Net interest margin
0.77%Noninterest income to earning assets
0.03%Noninterest expense to earning assets
0.58%Net operating income to assets
0.14%Return on assets (ROA)
0.14%Pretax return on assets
0.21%Return on equity (ROE)
1.55%Retained earnings to average equity (YTD only)
1.55%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
0.00%Efficiency ratio
65,116Assets per employee
2.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
76.92%Noncurrent assets plus other real estate owned to assets
1.04%Noncurrent loans to loans
2.28%Net loans and leases to deposits
50.81%Net loans and leases to core deposits
51.62%Equity capital to assets
11.30%Core capital (leverage) ratio
8.82%Tier 1 risk-based capital ratio
16.08%Total risk-based capital ratio
Memoranda
$17Average assets
$17,534Average earning assets
$1,544Average equity
$16,091Average loans

Rural American Bank of Greenwald in Greenwald, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Rural American Bank of Greenwald - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

Rural American Bank of Greenwald in Greenwald, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Rural American Bank of Greenwald - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

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

Rural American Bank of Greenwald in Greenwald, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches