FDIC Certificate #: 5180 Status: Active Federal Reserve ID: 986551 Bank Holding Company (Regulatory Top Holder): Traxshares, Inc. (RSSDID: 1126934, Location: Le Center, MN) Date Established: January 01, 1903 WWW:http://www.fnblecenter.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 #: 12818 FDIC's unique #: 3471 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: 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: 10 West Minnesota Street, Le Center, MN 56057 County: Le Sueur 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $78.1 mil Equity capital: $9.7 mil Deposits held in domestic offices: $62.9 mil Return on assets (ROA): 0.52% ($0.4 mil) Quarterly return on assets: 0.75% ($0.6 mil) Return on Equity (ROE): 4.17% ($0.4 mil) Quarterly return on equity: 5.89% ($0.6 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.53% ($414.2 mil) Quarterly Pretax return on assets: 0.75% ($586.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$78,147Total assets
$10,937Cash and due from depository institutions
$7,289Interest-bearing balances
$13,005Securities
$2,259Federal funds sold & reverse repurchase agreements
$45,801Net loans & leases
$739Loan loss allowance
$0Trading account assets
$200Bank premises and fixed assets
$229Other real estate owned
$0Goodwill and other intangibles
$78,148Life insurance assets
$5,716All other assets
$68,437Total liabilities and capital
$62,899Total liabilities
$50,214Total deposits
$62,899Interest-bearing deposits
$93Deposits held in domestic offices
4480.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$150Trading liabilities
$0Other borrowed funds
$908Subordinated debt
$9,711All other liabilities
$9,711Total equity capital
$9,711Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$150Surplus
$9,461Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$900Income earned, not collected on loans
$0Earning assets
$532Long-term assets (5+ years)
$68,354Average Assets, year-to-date
$6,969Average Assets, quarterly
$76,999Volatile liabilities
$76,331Insider loans
$52,526FHLB advances
$78,664Loans and leases held for sale
$3,299Unused loan commitments
$3,299Tier 1 (core) risk-based capital
$9,534Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,571Restructured Loans and leases
$505Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,201Total interest income
$794Total interest expense
$2,407Net interest income
$540Provision for loan and lease losses
$509Total noninterest income
$0Fiduciary activities
$157Service charges on deposit accounts
$0Trading account gains & fees
$352Additional noninterest income
$1,965Total noninterest expense
$1,233Salaries and employee benefits
$157Premises and equipment expense
$575Additional noninterest expense
$411Pre-tax net operating income
-$6Securities gains (losses)
$1Applicable income taxes
$404Income before extraordinary items
$0Extraordinary gains - net
$404Net income attributable to bank
$0Net charge-offs
$404Cash dividends
$506Sale, conversion, retirement of capital stock, net
$250Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.64%Yield on earning assets
1.15%Cost of funding earning assets
3.49%Net interest margin
0.74%Noninterest income to earning assets
2.85%Noninterest expense to earning assets
0.53%Net operating income to assets
0.52%Return on assets (ROA)
0.53%Pretax return on assets
4.17%Return on equity (ROE)
1.59%Retained earnings to average equity (YTD only)
1.09%Net charge-offs to loans
106.72%Credit loss provision to net charge-offs
1.88%Efficiency ratio
67,387Assets per employee
4.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.88%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
82.11%Noncurrent assets plus other real estate owned to assets
1.44%Noncurrent loans to loans
1.93%Net loans and leases to deposits
72.82%Net loans and leases to core deposits
73.44%Equity capital to assets
12.43%Core capital (leverage) ratio
12.12%Tier 1 risk-based capital ratio
18.15%Total risk-based capital ratio
Memoranda
$19Average assets
$76,999Average earning assets
$9,698Average equity
$68,944Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3471
The First National Bank Of Le Center
10 West Minnesota Street, Le Center, MN 56057
January 01, 1903
Full Service Brick and Mortar
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