The Martin County National Bank Of Fairmont
Fairmont, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2003
Vitals
-
Total Assets141.0M
-
Total Deposits115.7M
-
Total Net Loans99.7M
-
Net Income1.1M
-
Book Value18.0M
-
Book Value x235.9M
-
Book Value x353.9M
Balance Sheet Highlights
Financial Highlights | The Martin County National Bank Of Fairmont | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 140,980 | 76,768 |
Total Net Loans | 99,659 | 50,865 |
Total Deposits | 115,669 | 64,866 |
Total Equity | 17,972 | 7,498 |
Profitability | ||
Net Income | 1,105 | 1,151 |
Return on Average Assets | 1.019 | 1.491 |
Return on Average Equity | 8.371 | 15.209 |
Net Interest Margin | 4.193 | 4.485 |
Efficiency Ratio | 57.004 | 61.468 |
Noninterest Income/Revenue | 8.034 | 12.332 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 86.159 | 76.845 |
Securities/Assets | .154 | .302 |
Total Equity/Total Assets | .127 | .098 |
Tangible Equity/Tangible Assets | .1 | -.08 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 13,505 | 7,042 |
Tier 2 Capital | 1,419 | 625 |
Total Capital | 14,918 | 7,661 |
Total Risk Weighted Assets | 113,382 | 56,095 |
Leverage Ratio | 9.74 | 9.584 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.91 | 13.44 |
Total Capital Ratio | 13.16 | 14.538 |
Timeline for The Martin County National Bank Of Fairmont
Profinium, Inc.
The Martin County National Bank Of Fairmont was acquired by Profinium, Inc. 20 years
View Profile Oct 25 2003Profinium Financial Holdings, Inc.
Profinium Financial Holdings, Inc. became a new parent organization for The Martin County National Bank Of Fairmont.
View Profile Jul 31 2003Martin County Fidelity Bancshares Company
Martin County Fidelity Bancshares Company became a new parent organization for The Martin County National Bank Of Fairmont.
View Profile Dec 13 1999The Martin County National Bank Of Fairmont
The Martin County National Bank Of Fairmont was established 149 years ago and is currently headquartered in Fairmont, MN.
Jan 01 1875Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Profinium, Inc. | Buyer | 358,302 | Pooling of Interests | Discontinued | 10/25/2003 |
Relationships | Role | Relationship Start | Relationship End |
Profinium Financial Holdings, Inc. | Parent | 7/31/2003 | 10/24/2003 |
Martin County Fidelity Bancshares Company | Parent | 11/29/2002 | 7/30/2003 |
Martin County Fidelity Bancshares Company | Parent | 12/13/1999 | 11/28/2002 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
First National Bank At Darlington
|
Darlington | WI | 141.4M |
Ab&T National Bank
|
Albany | GA | 143.0M |
Algonquin State Bank, National Association
|
Algonquin | IL | 137.4M |
First National Bank Of Pasco
|
Dade City | FL | 139.5M |
The Midland National Bank Of Newton
|
Newton | KS | 139.0M |
Cornerstone National Bank
|
Easley | SC | 146.3M |
The First National Bank Of Dryden
|
Dryden | NY | 146.6M |
Savannah Bank National Association
|
Savannah | NY | 141.0M |
Lamar National Bank
|
Paris | TX | 138.1M |
The First National Bank Of Mcconnelsville
|
Mcconnelsville | OH | 140.7M |