FDIC Certificate #: 5163 Status: Active Federal Reserve ID: 84055 Bank Holding Company (Regulatory Top Holder): Herman Bancshares, Inc. (RSSDID: 1128648, Location: Herman, MN) Date Established: January 01, 1906 WWW:http://www.fnbherman.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 #: 3458 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: 103 5th Street East, Herman, MN 56248 County: Grant 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
Change in Location
Financial Summary
Total assets: $26.9 mil Equity capital: $2.8 mil Deposits held in domestic offices: $24.1 mil Return on assets (ROA): 0.91% ($0.2 mil) Quarterly return on assets: 0.03% ($0.0 mil) Return on Equity (ROE): 8.47% ($0.3 mil) Quarterly return on equity: 0.29% ($0.0 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.91% ($245.0 mil) Quarterly Pretax return on assets: 0.03% ($8.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$26,927Total assets
$7,841Cash and due from depository institutions
$3,266Interest-bearing balances
$10,526Securities
$0Federal funds sold & reverse repurchase agreements
$7,990Net loans & leases
$73Loan loss allowance
$0Trading account assets
$149Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$26,927Life insurance assets
$421All other assets
$24,146Total liabilities and capital
$24,114Total liabilities
$12,837Total deposits
$24,114Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$32Subordinated debt
$2,781All other liabilities
$2,781Total equity capital
$2,781Total bank equity capital
$0Perpetual preferred stock
$65Common stock
$285Surplus
$2,431Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$114Long-term assets (5+ years)
$21,782Average Assets, year-to-date
$10,196Average Assets, quarterly
$25,068Volatile liabilities
$27,215Insider loans
$11,857FHLB advances
$24,706Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,600Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,358Restructured Loans and leases
$78Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$763Total interest income
$114Total interest expense
$649Net interest income
$8Provision for loan and lease losses
$85Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$36Additional noninterest income
$602Total noninterest expense
$363Salaries and employee benefits
$98Premises and equipment expense
$141Additional noninterest expense
$124Pre-tax net operating income
$104Securities gains (losses)
$0Applicable income taxes
$228Income before extraordinary items
$0Extraordinary gains - net
$228Net income attributable to bank
$0Net charge-offs
$228Cash dividends
$13Sale, conversion, retirement of capital stock, net
$110Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.64%Yield on earning assets
0.54%Cost of funding earning assets
3.10%Net interest margin
0.41%Noninterest income to earning assets
2.87%Noninterest expense to earning assets
0.49%Net operating income to assets
0.91%Return on assets (ROA)
0.91%Pretax return on assets
8.47%Return on equity (ROE)
4.38%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
61.54%Credit loss provision to net charge-offs
10.15%Efficiency ratio
82,016Assets per employee
4.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.25%Loss allowance to loans
0.91%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
33.13%Net loans and leases to core deposits
33.63%Equity capital to assets
10.33%Core capital (leverage) ratio
10.52%Tier 1 risk-based capital ratio
21.93%Total risk-based capital ratio
Memoranda
$23Average assets
$25,068Average earning assets
$2,692Average equity
$20,942Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3458
The First National Bank Of Herman
103 5th Street East, Herman, MN 56248
January 01, 1906
Full Service Brick and Mortar
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