FDIC Certificate #: 5348 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Associated Bank, National Association (#5296) Federal Reserve ID: 395555 Date Established: October 02, 1863 WWW:http://www.ibankfnb.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 9 (Interstate: No) OTS Docket #: 12137 FDIC's unique #: 3609 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 29, 2007 Last Structure Change Process Date: June 29, 2007 Last Data Update: June 29, 2007 Data Source Date: April 05, 2012
Location
Address: 1835 Radio Drive, Woodbury, MN 55125 County: Washington Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Chicago FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial Summary
Total assets: $381.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
118Total employees (full-time equivalent)
$385,382Total assets
$9,541Cash and due from depository institutions
$97Interest-bearing balances
$41,115Securities
$761Federal funds sold & reverse repurchase agreements
$317,414Net loans & leases
$3,277Loan loss allowance
$0Trading account assets
$6,117Bank premises and fixed assets
$0Other real estate owned
$1,623Goodwill and other intangibles
$4,581Life insurance assets
$8,811All other assets
$385,382Total liabilities and capital
$349,407Total liabilities
$323,353Total deposits
$303,698Interest-bearing deposits
$323,353Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,675Other borrowed funds
$0Subordinated debt
$2,379All other liabilities
$35,975Total equity capital
$35,975Total bank equity capital
$35,975Perpetual preferred stock
$0Common stock
$700Surplus
$6,324Undivided profits
Memoranda
$28,951Noncurrent loans and leases
$76,224Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,174Earning assets
$0Long-term assets (5+ years)
$2,016Average Assets, year-to-date
$359,387Average Assets, quarterly
$49,655Volatile liabilities
$385,954Insider loans
$388,301FHLB advances
$46,323Loans and leases held for sale
$0Unused loan commitments
$23,675Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$417Total risk weighted assets
$76,224Total unused commitments
$0Restructured Loans and leases
$3,277Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$23,981Total interest income
$9,137Total interest expense
$14,844Net interest income
$0Provision for loan and lease losses
$4,791Total noninterest income
$0Fiduciary activities
$2,107Service charges on deposit accounts
$0Trading account gains & fees
$2,684Additional noninterest income
$11,920Total noninterest expense
$7,222Salaries and employee benefits
$1,613Premises and equipment expense
$3,085Additional noninterest expense
$7,715Pre-tax net operating income
$0Securities gains (losses)
$32Applicable income taxes
$7,683Income before extraordinary items
$0Extraordinary gains - net
$7,683Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$322Sale, conversion, retirement of capital stock, net
$6,500Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.68%Yield on earning assets
2.54%Cost of funding earning assets
4.13%Net interest margin
1.33%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
1.99%Net operating income to assets
1.99%Return on assets (ROA)
2.00%Pretax return on assets
22.08%Return on equity (ROE)
3.40%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
23.96%Efficiency ratio
60,708Assets per employee
3.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.60%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
279.13%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.37%Net loans and leases to deposits
98.16%Net loans and leases to core deposits
108.81%Equity capital to assets
9.33%Core capital (leverage) ratio
9.38%Tier 1 risk-based capital ratio
11.33%Total risk-based capital ratio
Memoranda
$12Average assets
$385,954Average earning assets
$34,791Average equity
$359,113Average loans
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