Peoples National Bank of Mora in Mora, Minnesota (MN)
| Peoples National Bank of Mora | |
|---|---|
| General | FDIC Certificate #: 18885 Status: Active Federal Reserve ID: 705556 Bank Holding Company (Regulatory Top Holder): Peoples Bankshares, Inc. (RSSDID: 1124024, Location: Mora, MN) Date Established: September 26, 1963 WWW: http://www.pnbmora.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: 6 (Domestic: 6, Interstate: No) OTS Docket #: 12860 FDIC's unique #: 12737 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: All Other Specialization < 1 Billion Date of Deposit Insurance: September 26, 1963 Last Structure Change Effective Date: November 21, 2008 Last Structure Change Process Date: September 04, 2009 Last Data Update: September 04, 2009 Data Source Date: April 05, 2012 |
| Location | Address: 45 North Union Street, Mora, MN 55051 County: Kanabec Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West |
| History of Changes | Office Purchased |
| Financial Summary | Total assets: $156.9 mil Equity capital: $20.3 mil Deposits held in domestic offices: $136.3 mil Return on assets (ROA): 0.42% ($0.7 mil) Quarterly return on assets: 0.36% ($0.6 mil) Return on Equity (ROE): 3.36% ($0.7 mil) Quarterly return on equity: 2.77% ($0.6 mil) Net income: $0.7 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.53% ($831.7 mil) Quarterly Pretax return on assets: 0.44% ($690.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 46 |
| Total assets | $156,928 |
| Cash and due from depository institutions | $5,074 |
| Interest-bearing balances | $1,028 |
| Securities | $57,477 |
| Federal funds sold & reverse repurchase agreements | $521 |
| Net loans & leases | $79,980 |
| Loan loss allowance | $2,097 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $5,568 |
| Other real estate owned | $5,953 |
| Goodwill and other intangibles | $1,016 |
| All other assets | $1,339 |
| Life insurance assets | $156,928 |
| Total liabilities and capital | $136,652 |
| Total liabilities | $136,294 |
| Total deposits | $119,014 |
| Interest-bearing deposits | $136,294 |
| Deposits held in domestic offices | $96 |
| % insured (estimated) | 120.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $238 |
| All other liabilities | $20,276 |
| Total equity capital | $20,276 |
| Total bank equity capital | $20,276 |
| Perpetual preferred stock | $0 |
| Common stock | $411 |
| Surplus | $1,871 |
| Undivided profits | $17,994 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $164 |
| Income earned, not collected on loans | $4,444 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $754 |
| Average Assets, year-to-date | $139,006 |
| Average Assets, quarterly | $57,985 |
| Volatile liabilities | $159,454 |
| Insider loans | $157,956 |
| FHLB advances | $101,924 |
| Loans and leases held for sale | $157,687 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $18,142 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $9,996 |
| Derivatives | $3,359 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $7,386 |
| Total interest expense | $1,659 |
| Net interest income | $5,727 |
| Provision for loan and lease losses | $335 |
| Total noninterest income | $498 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $386 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $112 |
| Total noninterest expense | $5,070 |
| Salaries and employee benefits | $2,245 |
| Premises and equipment expense | $709 |
| Additional noninterest expense | $2,116 |
| Pre-tax net operating income | $820 |
| Securities gains (losses) | $19 |
| Applicable income taxes | $165 |
| Income before extraordinary items | $674 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $674 |
| Net charge-offs | $0 |
| Cash dividends | $674 |
| Sale, conversion, retirement of capital stock, net | $831 |
| Net operating income | $465 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.22% |
| Cost of funding earning assets | 1.17% |
| Net interest margin | 4.05% |
| Noninterest income to earning assets | 0.35% |
| Noninterest expense to earning assets | 3.58% |
| Net operating income to assets | 0.41% |
| Return on assets (ROA) | 0.42% |
| Pretax return on assets | 0.53% |
| Return on equity (ROE) | 3.36% |
| Retained earnings to average equity (YTD only) | 1.04% |
| Net charge-offs to loans | 0.95% |
| Credit loss provision to net charge-offs | 40.31% |
| Efficiency ratio | 1.39% |
| Assets per employee | $80,546 |
| Cash dividends to net income (YTD only) | 3.41% |
| Condition Ratios (%) | |
| Loss allowance to loans | 68.99% |
| Loss allowance to noncurrent loans | 2.55% |
| Noncurrent assets plus other real estate owned to assets | 47.19% |
| Noncurrent loans to loans | 6.63% |
| Net loans and leases to deposits | 5.41% |
| Net loans and leases to core deposits | 58.68% |
| Equity capital to assets | 60.48% |
| Core capital (leverage) ratio | 12.92% |
| Tier 1 risk-based capital ratio | 11.51% |
| Total risk-based capital ratio | 17.80% |
| Memoranda | |
| Average assets | $19 |
| Average earning assets | $159,454 |
| Average equity | $20,052 |
| Average loans | $141,500 |
| 6 Minnesota Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 12737 | Peoples National Bank Of Mora | 45 North Union Street, Mora, MN 55051 | September 26, 1963 | Full Service Brick and Mortar |  |
| 1 | 279045 | Aitkin Branch | 15 Minnesota Avenue South, Aitkin, MN 56431 | January 01, 1941 | Full Service Brick and Mortar |  |
| 2 | 279047 | Crosby Branch | 23 West Main Street, Crosby, MN 56441 | January 01, 1941 | Full Service Brick and Mortar | |
| 3 | 270782 | Mora Branch | 710 Frankie Lane, Mora, MN 55051 | January 01, 1923 | Full Service Brick and Mortar | |
| 4 | 246722 | Brainerd Branch | 601 West Washington Street, Brainerd, MN 56401 | March 08, 1999 | Full Service Brick and Mortar | |
| 5 | 494743 | North Branch | 5481 St. Croix Trail, North Branch, MN 55056 | November 21, 2008 | Full Service Brick and Mortar | |
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