FDIC Certificate #: 5268 Status: Active Federal Reserve ID: 774655 Bank Holding Company (Regulatory Top Holder): First National Bank In Wadena Employee Stock Ownership Plan And Trust, The (RSSDID: 3519316, Location: Wadena, MN) Date Established: January 01, 1892 WWW:http://www.fnbwadena.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13380 FDIC's unique #: 3539 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 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: 25 Bryant Avenue, S.W., Wadena, MN 56482 County: Wadena Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Fargo Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $54.6 mil Equity capital: $5.2 mil Deposits held in domestic offices: $49.3 mil Return on assets (ROA): 0.61% ($0.3 mil) Quarterly return on assets: 0.73% ($0.4 mil) Return on Equity (ROE): 6.77% ($0.3 mil) Quarterly return on equity: 7.66% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.80% ($437.1 mil) Quarterly Pretax return on assets: 0.99% ($541.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
19Total employees (full-time equivalent)
$54,643Total assets
$6,795Cash and due from depository institutions
$4,979Interest-bearing balances
$14,009Securities
$200Federal funds sold & reverse repurchase agreements
$31,880Net loans & leases
$436Loan loss allowance
$0Trading account assets
$609Bank premises and fixed assets
$288Other real estate owned
$0Goodwill and other intangibles
$54,643Life insurance assets
$862All other assets
$49,479Total liabilities and capital
$49,334Total liabilities
$40,417Total deposits
$49,334Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$145Subordinated debt
$5,164All other liabilities
$5,164Total equity capital
$5,164Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$200Surplus
$4,814Undivided profits
Memoranda
$0Noncurrent loans and leases
$274Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,411Income earned, not collected on loans
$111Earning assets
$358Long-term assets (5+ years)
$51,068Average Assets, year-to-date
$18,078Average Assets, quarterly
$55,157Volatile liabilities
$54,338Insider loans
$31,135FHLB advances
$55,381Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,870Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$882Restructured Loans and leases
$630Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,487Total interest income
$446Total interest expense
$2,041Net interest income
$25Provision for loan and lease losses
$293Total noninterest income
$0Fiduciary activities
$167Service charges on deposit accounts
$0Trading account gains & fees
$126Additional noninterest income
$1,824Total noninterest expense
$982Salaries and employee benefits
$157Premises and equipment expense
$685Additional noninterest expense
$485Pre-tax net operating income
-$41Securities gains (losses)
$110Applicable income taxes
$334Income before extraordinary items
$0Extraordinary gains - net
$334Net income attributable to bank
$0Net charge-offs
$334Cash dividends
-$72Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.92%Yield on earning assets
0.88%Cost of funding earning assets
4.04%Net interest margin
0.58%Noninterest income to earning assets
3.61%Noninterest expense to earning assets
0.66%Net operating income to assets
0.61%Return on assets (ROA)
0.80%Pretax return on assets
6.77%Return on equity (ROE)
6.77%Retained earnings to average equity (YTD only)
-0.22%Net charge-offs to loans
-34.72%Credit loss provision to net charge-offs
0.00%Efficiency ratio
78,149Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
30.90%Noncurrent assets plus other real estate owned to assets
3.11%Noncurrent loans to loans
4.37%Net loans and leases to deposits
64.62%Net loans and leases to core deposits
65.77%Equity capital to assets
9.45%Core capital (leverage) ratio
8.79%Tier 1 risk-based capital ratio
15.64%Total risk-based capital ratio
Memoranda
$17Average assets
$55,157Average earning assets
$4,937Average equity
$50,568Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3539
The First National Bank In Wadena
25 Bryant Avenue, S.W., Wadena, MN 56482
January 01, 1892
Full Service Brick and Mortar
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