The Klein National Bank of Madison in Madison, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 02, 2005

The Klein National Bank of Madison in Madison, Minnesota (MN)
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The Klein National Bank of Madison - Overview

General
FDIC Certificate #: 5189
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: KleinBank (#1414)
Federal Reserve ID: 62651
Date Established: July 03, 1931
WWW: http://www.kleinet.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
OTS Docket #: 15332
FDIC's unique #: 3479
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 02, 2005
Last Structure Change Process Date: April 27, 2005
Last Data Update: April 27, 2005
Data Source Date: April 05, 2012
Location
Address: 220 6th Avenue, Madison, MN 56256
County: Lac Qui Parle
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
Financial Summary
Total assets: $52.2 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, 2004)

Dollar figures in thousands
15Total employees (full-time equivalent)
$56,254Total assets
$3,449Cash and due from depository institutions
$14Interest-bearing balances
$18,054Securities
$0Federal funds sold & reverse repurchase agreements
$32,407Net loans & leases
$501Loan loss allowance
$0Trading account assets
$339Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,005All other assets
$56,254Total liabilities and capital
$49,353Total liabilities
$45,324Total deposits
$40,365Interest-bearing deposits
$45,324Deposits held in domestic offices
0.00%% insured (estimated)
$1,079Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,318Other borrowed funds
$0Subordinated debt
$632All other liabilities
$6,901Total equity capital
$6,901Total bank equity capital
$6,901Perpetual preferred stock
$0Common stock
$119Surplus
$575Undivided profits
Memoranda
$6,207Noncurrent loans and leases
$5,725Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$813Earning assets
$0Long-term assets (5+ years)
$725Average Assets, year-to-date
$50,475Average Assets, quarterly
$10,088Volatile liabilities
$54,987Insider loans
$54,500FHLB advances
$8,983Loans and leases held for sale
$1,415Unused loan commitments
$1,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,725Total unused commitments
$19Restructured Loans and leases
$501Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$2,710Total interest income
$675Total interest expense
$2,035Net interest income
-$15Provision for loan and lease losses
$666Total noninterest income
$0Fiduciary activities
$169Service charges on deposit accounts
$0Trading account gains & fees
$497Additional noninterest income
$1,931Total noninterest expense
$1,053Salaries and employee benefits
$108Premises and equipment expense
$770Additional noninterest expense
$785Pre-tax net operating income
$5Securities gains (losses)
$25Applicable income taxes
$765Income before extraordinary items
$0Extraordinary gains - net
$765Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$158Sale, conversion, retirement of capital stock, net
$832Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
1.32%Cost of funding earning assets
3.98%Net interest margin
1.30%Noninterest income to earning assets
3.78%Noninterest expense to earning assets
1.38%Net operating income to assets
1.39%Return on assets (ROA)
1.44%Pretax return on assets
10.64%Return on equity (ROE)
-0.93%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
-9.49%Credit loss provision to net charge-offs
4.87%Efficiency ratio
71,492Assets per employee
3.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
108.76%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
61.62%Noncurrent assets plus other real estate owned to assets
1.45%Noncurrent loans to loans
2.47%Net loans and leases to deposits
71.50%Net loans and leases to core deposits
83.66%Equity capital to assets
12.27%Core capital (leverage) ratio
13.02%Tier 1 risk-based capital ratio
16.58%Total risk-based capital ratio
Memoranda
$18Average assets
$54,987Average earning assets
$7,191Average equity
$51,133Average loans

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