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

This bank is inactive as of June 10, 2006

United Prairie Bank-New Ulm in New Ulm, Minnesota (MN)
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United Prairie Bank-New Ulm - Overview

General
FDIC Certificate #: 8192
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Prairie Bank (#10958)
Federal Reserve ID: 912055
Date Established: November 01, 1919
WWW: http://www.unitedprairiebank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 5218
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: 200 North Broadway, New Ulm, MN 56073
County: Brown
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
Core Based Statistical Area (CBSA): New Ulm, MN (#35580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $32.6 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, 2005)

Dollar figures in thousands
9Total employees (full-time equivalent)
$33,310Total assets
$1,089Cash and due from depository institutions
$0Interest-bearing balances
$6,528Securities
$0Federal funds sold & reverse repurchase agreements
$23,234Net loans & leases
$361Loan loss allowance
$0Trading account assets
$598Bank premises and fixed assets
$0Other real estate owned
$1,332Goodwill and other intangibles
$0Life insurance assets
$529All other assets
$33,310Total liabilities and capital
$29,305Total liabilities
$25,954Total deposits
$24,356Interest-bearing deposits
$25,954Deposits held in domestic offices
0.00%% insured (estimated)
$1,750Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,364Other borrowed funds
$0Subordinated debt
$237All other liabilities
$4,005Total equity capital
$4,005Total bank equity capital
$4,005Perpetual preferred stock
$0Common stock
$500Surplus
$2,497Undivided profits
Memoranda
$1,008Noncurrent loans and leases
$2,157Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$35Earning assets
$0Long-term assets (5+ years)
$320Average Assets, year-to-date
$29,762Average Assets, quarterly
$3,728Volatile liabilities
$32,359Insider loans
$33,073FHLB advances
$7,364Loans and leases held for sale
$0Unused loan commitments
$1,200Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,157Total unused commitments
$0Restructured Loans and leases
$324Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$1,943Total interest income
$573Total interest expense
$1,370Net interest income
$24Provision for loan and lease losses
$233Total noninterest income
$0Fiduciary activities
$157Service charges on deposit accounts
$0Trading account gains & fees
$76Additional noninterest income
$990Total noninterest expense
$448Salaries and employee benefits
$126Premises and equipment expense
$416Additional noninterest expense
$589Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$589Income before extraordinary items
$0Extraordinary gains - net
$589Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$521Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.73%Yield on earning assets
1.98%Cost of funding earning assets
4.74%Net interest margin
0.81%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
1.82%Net operating income to assets
1.82%Return on assets (ROA)
1.82%Pretax return on assets
15.13%Return on equity (ROE)
1.75%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
800.00%Credit loss provision to net charge-offs
204.33%Efficiency ratio
61,759Assets per employee
3.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
88.46%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
1031.43%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.15%Net loans and leases to deposits
89.52%Net loans and leases to core deposits
113.04%Equity capital to assets
12.02%Core capital (leverage) ratio
8.72%Tier 1 risk-based capital ratio
10.57%Total risk-based capital ratio
Memoranda
$12Average assets
$32,359Average earning assets
$3,894Average equity
$28,881Average loans

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