United Prairie Bank - Madison in Madison, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 10, 2006

United Prairie Bank - Madison in Madison, Minnesota (MN)
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United Prairie Bank - Madison - Overview

General
FDIC Certificate #: 10580
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Prairie Bank (#10958)
Federal Reserve ID: 958053
Date Established: April 08, 1891
WWW: http://www.unitedprairiebank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10982
FDIC's unique #: 6781
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: 303 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: $31.7 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
11Total employees (full-time equivalent)
$33,810Total assets
$3,455Cash and due from depository institutions
$1,984Interest-bearing balances
$7,290Securities
$0Federal funds sold & reverse repurchase agreements
$21,049Net loans & leases
$240Loan loss allowance
$0Trading account assets
$298Bank premises and fixed assets
$0Other real estate owned
$944Goodwill and other intangibles
$0Life insurance assets
$774All other assets
$33,810Total liabilities and capital
$29,879Total liabilities
$28,155Total deposits
$27,582Interest-bearing deposits
$28,155Deposits held in domestic offices
0.00%% insured (estimated)
$925Federal funds purchased & repurchase agreements
$0Trading liabilities
$600Other borrowed funds
$0Subordinated debt
$199All other liabilities
$3,931Total equity capital
$3,931Total bank equity capital
$3,931Perpetual preferred stock
$0Common stock
$250Surplus
$3,205Undivided profits
Memoranda
$476Noncurrent loans and leases
$4,570Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$490Average Assets, year-to-date
$30,323Average Assets, quarterly
$5,740Volatile liabilities
$33,702Insider loans
$33,501FHLB advances
$7,567Loans and leases held for sale
$2Unused loan commitments
$600Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,570Total unused commitments
$0Restructured Loans and leases
$240Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$1,827Total interest income
$568Total interest expense
$1,259Net interest income
$68Provision for loan and lease losses
$90Total noninterest income
$0Fiduciary activities
$56Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$846Total noninterest expense
$389Salaries and employee benefits
$77Premises and equipment expense
$380Additional noninterest expense
$435Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$435Income before extraordinary items
$0Extraordinary gains - net
$435Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$38Sale, conversion, retirement of capital stock, net
$526Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.09%Yield on earning assets
1.89%Cost of funding earning assets
4.20%Net interest margin
0.30%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
1.29%Net operating income to assets
1.29%Return on assets (ROA)
1.29%Pretax return on assets
11.13%Return on equity (ROE)
-2.33%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
178.95%Credit loss provision to net charge-offs
13.24%Efficiency ratio
62,713Assets per employee
3.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
120.92%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
8000.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
74.76%Net loans and leases to core deposits
97.84%Equity capital to assets
11.63%Core capital (leverage) ratio
9.47%Tier 1 risk-based capital ratio
12.76%Total risk-based capital ratio
Memoranda
$13Average assets
$33,702Average earning assets
$3,907Average equity
$30,006Average loans

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