FDIC Certificate #: 8187 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Alliance Bank (#1932) Federal Reserve ID: 80954 Date Established: September 09, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 5213 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: January 01, 1934 Last Structure Change Effective Date: July 13, 1998 Last Structure Change Process Date: August 04, 1998 Last Data Update: August 04, 1998 Data Source Date: April 05, 2012
Location
Address: Main Street, Hanska, MN 56041 County: Brown Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Mankato Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): New Ulm, MN (#35580) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $20.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
6Total employees (full-time equivalent)
$20,666Total assets
$1,007Cash and due from depository institutions
$0Interest-bearing balances
$2,748Securities
$2,500Federal funds sold & reverse repurchase agreements
$13,892Net loans & leases
$231Loan loss allowance
$0Trading account assets
$101Bank premises and fixed assets
$0Other real estate owned
$31Goodwill and other intangibles
$0Life insurance assets
$387All other assets
$20,666Total liabilities and capital
$18,666Total liabilities
$18,343Total deposits
$15,830Interest-bearing deposits
$18,343Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$323All other liabilities
$2,000Total equity capital
$2,000Total bank equity capital
$2,000Perpetual preferred stock
$0Common stock
$111Surplus
$1,389Undivided profits
Memoranda
$500Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$328Average Assets, year-to-date
$19,140Average Assets, quarterly
$1,615Volatile liabilities
$20,242Insider loans
$20,251FHLB advances
$2,240Loans and leases held for sale
$49Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,117Total unused commitments
$0Restructured Loans and leases
$15,023Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,586Total interest income
$754Total interest expense
$832Net interest income
$0Provision for loan and lease losses
$96Total noninterest income
$0Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$396Total noninterest expense
$230Salaries and employee benefits
$42Premises and equipment expense
$124Additional noninterest expense
$532Pre-tax net operating income
$0Securities gains (losses)
$239Applicable income taxes
$293Income before extraordinary items
$0Extraordinary gains - net
$293Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$5Sale, conversion, retirement of capital stock, net
$367Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.30%Yield on earning assets
3.95%Cost of funding earning assets
4.35%Net interest margin
0.50%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
1.45%Net operating income to assets
1.45%Return on assets (ROA)
2.63%Pretax return on assets
13.72%Return on equity (ROE)
-3.47%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
41,918Assets per employee
3.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
125.26%Loss allowance to loans
1.64%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
75.73%Net loans and leases to core deposits
86.27%Equity capital to assets
9.68%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
13.04%Total risk-based capital ratio
Memoranda
$14Average assets
$20,242Average earning assets
$2,135Average equity
$19,107Average loans
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