First National Bank Of Montgomery
Montgomery, MN — Domestic Branch of a Domestic Bank
Acquired Aug 2008
Vitals
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Total Assets65.7M 4.3 %
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Total Deposits48.9M -11.2 %
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Total Net Loans37.1M -14.9 %
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Net Income1.3M 394.3 %
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Book Value16.2M 128.0 %
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Book Value x232.4M 128.0 %
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Book Value x348.7M 128.0 %
Balance Sheet Highlights
Financial Highlights | First National Bank Of Montgomery | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 65,740 | 107,461 |
Total Net Loans | 37,054 | 77,904 |
Total Deposits | 48,899 | 86,737 |
Total Equity | 16,224 | 10,727 |
Profitability | ||
Net Income | 1,310 | 1,041 |
Return on Average Assets | 8.595 | 1.248 |
Return on Average Equity | 52.947 | 12 |
Net Interest Margin | 4.167 | 4.092 |
Efficiency Ratio | 30.109 | 68.994 |
Noninterest Income/Revenue | 63.689 | 9.493 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 75.777 | 86.292 |
Securities/Assets | .192 | .231 |
Total Equity/Total Assets | .247 | .1 |
Tangible Equity/Tangible Assets | .112 | .03 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 7,590 | 10,195 |
Tier 2 Capital | 433 | 924 |
Total Capital | 8,023 | 11,125 |
Total Risk Weighted Assets | 34,428 | 85,089 |
Leverage Ratio | 13.09 | 10.012 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 22.05 | 13.178 |
Total Capital Ratio | 23.3 | 14.255 |
Timeline for First National Bank Of Montgomery
Frandsen Bank & Trust
First National Bank Of Montgomery was acquired by Frandsen Bank & Trust 15 years
View Profile Aug 16 2008Frandsen Financial Corporation
Frandsen Financial Corporation became a new parent organization for First National Bank Of Montgomery.
View Profile Apr 03 2008F And O, Inc.
F And O, Inc. became a new parent organization for First National Bank Of Montgomery.
View Profile Jul 31 1980First National Bank Of Montgomery
First National Bank Of Montgomery was established 61 years ago and is currently headquartered in Montgomery, MN.
Feb 26 1963Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Frandsen Bank & Trust | Buyer | 1,586,077 | Pooling of Interests | Discontinued | 8/16/2008 |
Relationships | Role | Relationship Start | Relationship End |
Frandsen Financial Corporation | Parent | 4/3/2008 | 8/15/2008 |
F And O, Inc. | Parent | 5/14/1997 | 4/2/2008 |
F And O, Inc. | Parent | 4/21/1997 | 5/13/1997 |
F And O, Inc. | Parent | 4/11/1997 | 4/20/1997 |
F And O, Inc. | Parent | 2/26/1997 | 4/10/1997 |
F And O, Inc. | Parent | 1/3/1996 | 2/25/1997 |
F And O, Inc. | Parent | 10/23/1995 | 1/2/1996 |
F And O, Inc. | Parent | 10/2/1995 | 10/22/1995 |
F And O, Inc. | Parent | 9/11/1995 | 10/1/1995 |
F And O, Inc. | Parent | 2/6/1992 | 9/10/1995 |
F And O, Inc. | Parent | 11/19/1991 | 2/5/1992 |
F And O, Inc. | Parent | 4/10/1990 | 11/18/1991 |
F And O, Inc. | Parent | 10/31/1989 | 4/9/1990 |
F And O, Inc. | Parent | 10/31/1984 | 10/30/1989 |
F And O, Inc. | Parent | 7/31/1980 | 10/30/1984 |
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