Neighborhood National Bank in Alexandria, Minnesota (MN)
| Neighborhood National Bank | |
|---|---|
| General | FDIC Certificate #: 57210 Status: Active Federal Reserve ID: 3037874 Bank Holding Company (Regulatory Top Holder): Douglas County Bancshares, Inc. (RSSDID: 3039430, Location: Alexandria, MN) Date Established: September 04, 2001 WWW: http://www.nnbnet.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) FDIC's unique #: 359514 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 04, 2001 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: 803 North Nokomis Ne, Alexandria, MN 56308 County: Douglas 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 Core Based Statistical Area (CBSA): Alexandria, MN (#10820) CBSA Micro Statistical Area: Yes |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $45.8 mil Equity capital: $4.7 mil Deposits held in domestic offices: $41.0 mil Return on assets (ROA): -0.19% (-$0.1 mil) Quarterly return on assets: 0.86% ($0.4 mil) Return on Equity (ROE): -2.19% (-$0.1 mil) Quarterly return on equity: 8.48% ($0.4 mil) Net income: -$0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: -0.19% (-$87.0 mil) Quarterly Pretax return on assets: 0.86% ($393.7 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 13 |
| Total assets | $45,780 |
| Cash and due from depository institutions | $6,875 |
| Interest-bearing balances | $5,645 |
| Securities | $9,911 |
| Federal funds sold & reverse repurchase agreements | $340 |
| Net loans & leases | $26,512 |
| Loan loss allowance | $863 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $390 |
| Other real estate owned | $1,061 |
| Goodwill and other intangibles | $0 |
| All other assets | $691 |
| Life insurance assets | $45,780 |
| Total liabilities and capital | $41,123 |
| Total liabilities | $40,971 |
| Total deposits | $34,866 |
| Interest-bearing deposits | $40,971 |
| Deposits held in domestic offices | $96 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $152 |
| All other liabilities | $4,657 |
| Total equity capital | $4,657 |
| Total bank equity capital | $4,657 |
| Perpetual preferred stock | $0 |
| Common stock | $100 |
| Surplus | $6,375 |
| Undivided profits | $-1,818 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $2,049 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $202 |
| Average Assets, year-to-date | $42,408 |
| Average Assets, quarterly | $10,019 |
| Volatile liabilities | $47,217 |
| Insider loans | $45,657 |
| FHLB advances | $31,557 |
| Loans and leases held for sale | $46,344 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $4,587 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $6,439 |
| Derivatives | $679 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $2,073 |
| Total interest expense | $528 |
| Net interest income | $1,545 |
| Provision for loan and lease losses | $81 |
| Total noninterest income | $224 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $78 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $146 |
| Total noninterest expense | $1,778 |
| Salaries and employee benefits | $820 |
| Premises and equipment expense | $276 |
| Additional noninterest expense | $682 |
| Pre-tax net operating income | -$90 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | -$90 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$90 |
| Net charge-offs | $0 |
| Cash dividends | -$90 |
| Sale, conversion, retirement of capital stock, net | $260 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.76% |
| Cost of funding earning assets | 1.21% |
| Net interest margin | 3.55% |
| Noninterest income to earning assets | 0.51% |
| Noninterest expense to earning assets | 4.08% |
| Net operating income to assets | -0.19% |
| Return on assets (ROA) | -0.19% |
| Pretax return on assets | -0.19% |
| Return on equity (ROE) | -2.19% |
| Retained earnings to average equity (YTD only) | -2.19% |
| Net charge-offs to loans | 0.83% |
| Credit loss provision to net charge-offs | 31.15% |
| Efficiency ratio | -0.03% |
| Assets per employee | $100,509 |
| Cash dividends to net income (YTD only) | 3.52% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 3.15% |
| Noncurrent assets plus other real estate owned to assets | 42.12% |
| Noncurrent loans to loans | 6.79% |
| Net loans and leases to deposits | 7.48% |
| Net loans and leases to core deposits | 64.71% |
| Equity capital to assets | 65.63% |
| Core capital (leverage) ratio | 10.17% |
| Tier 1 risk-based capital ratio | 9.90% |
| Total risk-based capital ratio | 14.54% |
| Memoranda | |
| Average assets | $16 |
| Average earning assets | $47,217 |
| Average equity | $4,101 |
| Average loans | $43,549 |
| 1 Minnesota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 359514 | Neighborhood National Bank | 803 North Nokomis Ne, Alexandria, MN 56308 | September 04, 2001 | Full Service Brick and Mortar |  |
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