FDIC Certificate #: 9350 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Prairie Bank (#10958) Federal Reserve ID: 1013753 Date Established: January 01, 1934 WWW:http://www.unitedprairiebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 13151 FDIC's unique #: 6001 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 10, 2006 Last Structure Change Process Date: June 22, 2006 Last Data Update: June 22, 2006 Data Source Date: April 05, 2012
Location
Address: 202 Grant Street, Jackson, MN 56143 County: Jackson 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
Financial Summary
Total assets: $39.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
15Total employees (full-time equivalent)
$44,401Total assets
$5,548Cash and due from depository institutions
$1,584Interest-bearing balances
$7,612Securities
$3,250Federal funds sold & reverse repurchase agreements
$26,571Net loans & leases
$345Loan loss allowance
$0Trading account assets
$211Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,209All other assets
$44,401Total liabilities and capital
$41,314Total liabilities
$39,400Total deposits
$35,225Interest-bearing deposits
$39,400Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,500Other borrowed funds
$0Subordinated debt
$414All other liabilities
$3,087Total equity capital
$3,087Total bank equity capital
$3,087Perpetual preferred stock
$0Common stock
$12Surplus
$2,250Undivided profits
Memoranda
$825Noncurrent loans and leases
$4,388Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$170Earning assets
$0Long-term assets (5+ years)
$643Average Assets, year-to-date
$39,017Average Assets, quarterly
$5,592Volatile liabilities
$41,908Insider loans
$43,126FHLB advances
$9,096Loans and leases held for sale
$525Unused loan commitments
$1,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,388Total unused commitments
$0Restructured Loans and leases
$345Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$2,463Total interest income
$821Total interest expense
$1,642Net interest income
$60Provision for loan and lease losses
$248Total noninterest income
$0Fiduciary activities
$118Service charges on deposit accounts
$0Trading account gains & fees
$130Additional noninterest income
$1,349Total noninterest expense
$577Salaries and employee benefits
$297Premises and equipment expense
$475Additional noninterest expense
$481Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$481Income before extraordinary items
$0Extraordinary gains - net
$481Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$301Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.47%Yield on earning assets
2.16%Cost of funding earning assets
4.31%Net interest margin
0.65%Noninterest income to earning assets
3.54%Noninterest expense to earning assets
1.15%Net operating income to assets
1.15%Return on assets (ROA)
1.15%Pretax return on assets
16.16%Return on equity (ROE)
6.05%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1200.00%Credit loss provision to net charge-offs
108.20%Efficiency ratio
71,376Assets per employee
2.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.58%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
202.94%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.63%Net loans and leases to deposits
67.44%Net loans and leases to core deposits
87.68%Equity capital to assets
6.95%Core capital (leverage) ratio
7.53%Tier 1 risk-based capital ratio
9.89%Total risk-based capital ratio
Memoranda
$11Average assets
$41,908Average earning assets
$2,977Average equity
$38,075Average loans
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