FDIC Certificate #: 5090 Status: Active Federal Reserve ID: 333052 Bank Holding Company (Regulatory Top Holder): Henning Bancshares, Inc. (RSSDID: 1125290, Location: Henning, MN) Date Established: January 01, 1907 WWW:http://www.fnbbattlelake.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) FDIC's unique #: 3401 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: Yes 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: 101 Lake Avenue South, Battle Lake, MN 56515 County: Otter Tail 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 Core Based Statistical Area (CBSA): Fergus Falls, MN (#22260) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $65.8 mil Equity capital: $8.0 mil Deposits held in domestic offices: $57.7 mil Return on assets (ROA): 1.36% ($0.9 mil) Quarterly return on assets: 1.33% ($0.9 mil) Return on Equity (ROE): 11.72% ($0.9 mil) Quarterly return on equity: 10.98% ($0.9 mil) Net income: $0.9 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.36% ($895.5 mil) Quarterly Pretax return on assets: 1.33% ($875.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$65,842Total assets
$1,310Cash and due from depository institutions
$70Interest-bearing balances
$30,602Securities
$2,160Federal funds sold & reverse repurchase agreements
$29,253Net loans & leases
$280Loan loss allowance
$0Trading account assets
$970Bank premises and fixed assets
$650Other real estate owned
$0Goodwill and other intangibles
$65,842Life insurance assets
$897All other assets
$57,814Total liabilities and capital
$57,699Total liabilities
$52,573Total deposits
$57,699Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$115Subordinated debt
$8,028All other liabilities
$8,028Total equity capital
$8,028Total bank equity capital
$0Perpetual preferred stock
$52Common stock
$623Surplus
$7,353Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$172Income earned, not collected on loans
$0Earning assets
$466Long-term assets (5+ years)
$62,085Average Assets, year-to-date
$28,622Average Assets, quarterly
$63,579Volatile liabilities
$65,570Insider loans
$37,845FHLB advances
$62,099Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,723Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,697Restructured Loans and leases
$255Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,814Total interest income
$678Total interest expense
$2,136Net interest income
$56Provision for loan and lease losses
$427Total noninterest income
$0Fiduciary activities
$135Service charges on deposit accounts
$0Trading account gains & fees
$292Additional noninterest income
$1,643Total noninterest expense
$776Salaries and employee benefits
$224Premises and equipment expense
$643Additional noninterest expense
$864Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$863Income before extraordinary items
$0Extraordinary gains - net
$863Net income attributable to bank
$0Net charge-offs
$863Cash dividends
$139Sale, conversion, retirement of capital stock, net
$499Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.70%Yield on earning assets
1.13%Cost of funding earning assets
3.57%Net interest margin
0.71%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
1.36%Net operating income to assets
1.36%Return on assets (ROA)
1.36%Pretax return on assets
11.72%Return on equity (ROE)
4.94%Retained earnings to average equity (YTD only)
0.47%Net charge-offs to loans
40.29%Credit loss provision to net charge-offs
6.62%Efficiency ratio
64,105Assets per employee
4.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.82%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
162.79%Noncurrent assets plus other real estate owned to assets
1.25%Noncurrent loans to loans
0.58%Net loans and leases to deposits
50.70%Net loans and leases to core deposits
54.25%Equity capital to assets
12.19%Core capital (leverage) ratio
10.83%Tier 1 risk-based capital ratio
17.76%Total risk-based capital ratio
Memoranda
$19Average assets
$63,579Average earning assets
$7,363Average equity
$59,891Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3401
The First National Bank Of Battle La
101 Lake Avenue South, Battle Lake, MN 56515
January 01, 1907
Full Service Brick and Mortar
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