FDIC Certificate #: 5142 Status: Active Federal Reserve ID: 938354 Bank Holding Company (Regulatory Top Holder): Fort Ridgely National Bancorporation, Inc. (RSSDID: 2131373, Location: Fairfax, MN) Date Established: January 01, 1910 WWW:http://www.fnbfx.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 #: 3442 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 01, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 18 S.E. First Ave, Fairfax, MN 55332 County: Renville 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
History of Changes
Change in Location
Financial Summary
Total assets: $29.3 mil Equity capital: $10.5 mil Deposits held in domestic offices: $18.8 mil Return on assets (ROA): 1.06% ($0.3 mil) Quarterly return on assets: -0.57% (-$0.2 mil) Return on Equity (ROE): 2.81% ($0.3 mil) Quarterly return on equity: -1.52% (-$0.2 mil) Net income: $0.3 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 1.06% ($310.5 mil) Quarterly Pretax return on assets: -0.57% (-$167.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$29,293Total assets
$4,429Cash and due from depository institutions
$3,500Interest-bearing balances
$145Securities
$1,900Federal funds sold & reverse repurchase agreements
$22,192Net loans & leases
$395Loan loss allowance
$0Trading account assets
$76Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$29,293Life insurance assets
$551All other assets
$18,782Total liabilities and capital
$18,769Total liabilities
$11,823Total deposits
$18,769Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$13Subordinated debt
$10,511All other liabilities
$10,511Total equity capital
$10,511Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$159Surplus
$10,252Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$311Income earned, not collected on loans
$0Earning assets
$434Long-term assets (5+ years)
$27,737Average Assets, year-to-date
$1,973Average Assets, quarterly
$27,395Volatile liabilities
$28,136Insider loans
$29,698FHLB advances
$27,578Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,511Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,417Restructured Loans and leases
$542Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,269Total interest income
$97Total interest expense
$1,172Net interest income
$50Provision for loan and lease losses
$86Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$15Additional noninterest income
$917Total noninterest expense
$479Salaries and employee benefits
$186Premises and equipment expense
$252Additional noninterest expense
$291Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$291Income before extraordinary items
$0Extraordinary gains - net
$291Net income attributable to bank
$0Net charge-offs
$291Cash dividends
$7Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
0.37%Cost of funding earning assets
4.49%Net interest margin
0.33%Noninterest income to earning assets
3.51%Noninterest expense to earning assets
1.06%Net operating income to assets
1.06%Return on assets (ROA)
1.06%Pretax return on assets
2.81%Return on equity (ROE)
2.81%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
714.29%Credit loss provision to net charge-offs
48.71%Efficiency ratio
72,893Assets per employee
4.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
127.01%Noncurrent assets plus other real estate owned to assets
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