Home > The First National Bank of Aitkin > Assets and Liabilities
The First National Bank of Aitkin, Assets and Liabilities
| 1998-12-31 | Rank | |
| # of Employees: | 13 | 8,274 |
| Assets and Liabilities | ||
| Total Assets: | $42,385,000 | 7,578 |
| Cash and due from depository institutions | $988,000 | 8,274 |
| Interest-bearing balances | $0 | 6,728 |
| Securities | $10,501,000 | 6,936 |
| Federal funds sold & reverse repurchase agreements | $2,955,000 | 4,884 |
| Net loans & leases | $25,281,000 | 7,262 |
| Loan loss allowance | $324,000 | 7,152 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $469,000 | 7,901 |
| Other real estate owned | $37,000 | 8,274 |
| Goodwill and other intangibles | $1,687,000 | 1,135 |
| All other assets | $467,000 | 8,355 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $42,385,000 | 7,578 |
| Total liabilities | $37,594,000 | 7,574 |
| Total deposits | $37,259,000 | 7,429 |
| Interest-bearing deposits | $32,557,000 | 7,330 |
| Deposits held in domestic offices | $37,259,000 | 7,428 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,214 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $0 | 5,274 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $335,000 | 7,111 |
| Total equity capital | $4,791,000 | 7,265 |
| Total bank equity capital | $4,791,000 | 7,265 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $939,000 | 3,487 |
| Surplus | $3,547,000 | 3,753 |
| Undivided profits | $305,000 | 9,272 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $30,000 | 8,532 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,642 |
| Income earned, not collected on loans | $227,000 | 7,554 |
| Earning assets | $38,737,000 | 7,579 |
| Long-term assets (5+ years) | $2,831,000 | 7,245 |
| Average Assets, year-to-date | $39,832,800 | 7,580 |
| Average Assets, quarterly | $41,600,500 | 7,567 |
| Volatile liabilities | $4,651,000 | 7,224 |
| Insider loans | $0 | 9,309 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $1,310,000 | 8,237 |
| Tier 1 (core) risk-based capital | $3,048,000 | 8,674 |
| Tier 2 risk-based capital | $300,840 | 6,987 |
| Total risk weighted assets | $24,043,840 | 7,644 |
| Total unused commitments | $1,310,000 | 8,246 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 12 | 8,855 |
| Assets and Liabilities | ||
| Total Assets: | $37,740,000 | 8,112 |
| Cash and due from depository institutions | $1,281,000 | 8,855 |
| Interest-bearing balances | $154,000 | 4,205 |
| Securities | $9,526,000 | 7,553 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,160 |
| Net loans & leases | $24,269,000 | 7,611 |
| Loan loss allowance | $339,000 | 7,150 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $421,000 | 8,296 |
| Other real estate owned | $0 | 8,855 |
| Goodwill and other intangibles | $1,778,000 | 1,053 |
| All other assets | $465,000 | 8,654 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $37,740,000 | 8,112 |
| Total liabilities | $33,135,000 | 8,136 |
| Total deposits | $32,132,000 | 8,093 |
| Interest-bearing deposits | $28,373,000 | 7,991 |
| Deposits held in domestic offices | $32,132,000 | 8,090 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $635,000 | 2,975 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $0 | 5,103 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $368,000 | 7,040 |
| Total equity capital | $4,605,000 | 7,499 |
| Total bank equity capital | $4,605,000 | 7,499 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $939,000 | 3,585 |
| Surplus | $3,547,000 | 3,679 |
| Undivided profits | $119,000 | 10,085 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $163,000 | 6,781 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,731 |
| Income earned, not collected on loans | $236,000 | 7,702 |
| Earning assets | $33,949,000 | 8,181 |
| Long-term assets (5+ years) | $2,523,000 | 7,321 |
| Average Assets, year-to-date | $36,294,800 | 8,086 |
| Average Assets, quarterly | $36,546,000 | 8,185 |
| Volatile liabilities | $3,795,000 | 7,903 |
| Insider loans | $0 | 9,792 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $0 | 1,579 |
| Unused loan commitments | $1,014,000 | 8,748 |
| Tier 1 (core) risk-based capital | $2,808,000 | 9,139 |
| Tier 2 risk-based capital | $269,590 | 7,436 |
| Total risk weighted assets | $21,498,090 | 8,198 |
| Total unused commitments | $1,014,000 | 8,757 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 14 | 8,770 |
| Assets and Liabilities | ||
| Total Assets: | $36,010,000 | 8,577 |
| Cash and due from depository institutions | $2,079,000 | 8,770 |
| Interest-bearing balances | $498,000 | 3,076 |
| Securities | $10,026,000 | 7,948 |
| Federal funds sold & reverse repurchase agreements | $720,000 | 6,988 |
| Net loans & leases | $22,133,000 | 8,079 |
| Loan loss allowance | $280,000 | 8,113 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $458,000 | 8,307 |
| Other real estate owned | $0 | 8,770 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $594,000 | 8,260 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $36,010,000 | 8,577 |
| Total liabilities | $32,865,000 | 8,473 |
| Total deposits | $32,557,000 | 8,343 |
| Interest-bearing deposits | $28,764,000 | 8,224 |
| Deposits held in domestic offices | $32,557,000 | 8,339 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,907 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $0 | 5,299 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $308,000 | 7,777 |
| Total equity capital | $3,145,000 | 9,097 |
| Total bank equity capital | $3,145,000 | 9,097 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $939,000 | 3,814 |
| Surplus | $939,000 | 7,948 |
| Undivided profits | $1,267,000 | 8,391 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $57,000 | 8,917 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $224,000 | 8,060 |
| Earning assets | $33,377,000 | 8,503 |
| Long-term assets (5+ years) | $1,742,000 | 8,032 |
| Average Assets, year-to-date | $35,866,200 | 8,441 |
| Average Assets, quarterly | $36,551,500 | 8,462 |
| Volatile liabilities | $3,735,000 | 7,961 |
| Insider loans | $0 | 10,271 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $0 | 10,924 |
| Tier 1 (core) risk-based capital | $3,133,000 | 9,057 |
| Tier 2 risk-based capital | $247,670 | 7,955 |
| Total risk weighted assets | $19,781,270 | 8,677 |
| Total unused commitments | $0 | 10,925 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 14 | 9,145 |
| Assets and Liabilities | ||
| Total Assets: | $34,963,000 | 8,963 |
| Cash and due from depository institutions | $3,452,000 | 9,145 |
| Interest-bearing balances | $1,112,000 | 2,421 |
| Securities | $9,072,000 | 8,616 |
| Federal funds sold & reverse repurchase agreements | $915,000 | 7,493 |
| Net loans & leases | $20,508,000 | 8,486 |
| Loan loss allowance | $598,000 | 5,327 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $424,000 | 8,731 |
| Other real estate owned | $0 | 9,145 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $592,000 | 8,534 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $34,963,000 | 8,963 |
| Total liabilities | $32,107,000 | 8,846 |
| Total deposits | $31,880,000 | 8,702 |
| Interest-bearing deposits | $28,506,000 | 8,510 |
| Deposits held in domestic offices | $31,880,000 | 8,697 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,736 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $227,000 | 9,327 |
| Total equity capital | $2,856,000 | 9,664 |
| Total bank equity capital | $2,856,000 | 9,664 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $939,000 | 4,008 |
| Surplus | $939,000 | 8,159 |
| Undivided profits | $978,000 | 9,317 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $161,000 | 7,227 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $198,000 | 8,812 |
| Earning assets | $31,607,000 | 8,978 |
| Long-term assets (5+ years) | $1,395,000 | 8,528 |
| Average Assets, year-to-date | $33,443,200 | 8,944 |
| Average Assets, quarterly | $34,587,500 | 8,937 |
| Volatile liabilities | $3,137,000 | 8,444 |
| Insider loans | $43,000 | 10,009 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $0 | 11,319 |
| Tier 1 (core) risk-based capital | $2,847,000 | 9,598 |
| Tier 2 risk-based capital | $241,690 | 8,196 |
| Total risk weighted assets | $18,978,990 | 9,026 |
| Total unused commitments | $0 | 11,320 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 14 | 9,584 |
| Assets and Liabilities | ||
| Total Assets: | $32,830,000 | 9,419 |
| Cash and due from depository institutions | $2,736,000 | 9,584 |
| Interest-bearing balances | $1,211,000 | 2,168 |
| Securities | $8,801,000 | 9,209 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $20,243,000 | 8,684 |
| Loan loss allowance | $502,000 | 6,150 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $448,000 | 8,822 |
| Other real estate owned | $10,000 | 9,584 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $592,000 | 8,940 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $32,830,000 | 9,419 |
| Total liabilities | $30,297,000 | 9,301 |
| Total deposits | $29,479,000 | 9,245 |
| Interest-bearing deposits | $26,139,000 | 9,063 |
| Deposits held in domestic offices | $29,479,000 | 9,240 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $660,000 | 3,734 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $158,000 | 9,841 |
| Total equity capital | $2,533,000 | 10,149 |
| Total bank equity capital | $2,533,000 | 10,149 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $939,000 | 4,182 |
| Surplus | $939,000 | 8,379 |
| Undivided profits | $655,000 | 9,906 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $155,000 | 7,442 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $190,000 | 8,696 |
| Earning assets | $30,255,000 | 9,343 |
| Long-term assets (5+ years) | $1,615,000 | 8,708 |
| Average Assets, year-to-date | $31,569,600 | 9,494 |
| Average Assets, quarterly | $32,001,000 | 9,496 |
| Volatile liabilities | $3,237,000 | 8,239 |
| Insider loans | $53,000 | 10,213 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $219,000 | 11,121 |
| Tier 1 (core) risk-based capital | $2,655,000 | 10,083 |
| Tier 2 risk-based capital | $228,240 | 8,612 |
| Total risk weighted assets | $17,985,040 | 9,409 |
| Total unused commitments | $219,000 | 11,124 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 14 | 9,983 |
| Assets and Liabilities | ||
| Total Assets: | $31,909,000 | 9,901 |
| Cash and due from depository institutions | $2,274,000 | 9,983 |
| Interest-bearing balances | $1,317,000 | 2,990 |
| Securities | $8,202,000 | 9,790 |
| Federal funds sold & reverse repurchase agreements | $3,140,000 | 4,231 |
| Net loans & leases | $17,388,000 | 9,408 |
| Loan loss allowance | $491,000 | 6,467 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $410,000 | 9,343 |
| Other real estate owned | $131,000 | 9,983 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $364,000 | 10,627 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $31,909,000 | 9,901 |
| Total liabilities | $29,445,000 | 9,785 |
| Total deposits | $28,981,000 | 9,702 |
| Interest-bearing deposits | $25,951,000 | 9,493 |
| Deposits held in domestic offices | $28,981,000 | 9,696 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $464,000 | 5,639 |
| Total equity capital | $2,464,000 | 10,601 |
| Total bank equity capital | $2,464,000 | 10,601 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $939,000 | 4,342 |
| Surplus | $939,000 | 8,583 |
| Undivided profits | $586,000 | 10,602 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $235,000 | 7,102 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $140,000 | 9,774 |
| Earning assets | $30,047,000 | 9,744 |
| Long-term assets (5+ years) | $1,727,000 | 9,038 |
| Average Assets, year-to-date | $30,199,600 | 9,998 |
| Average Assets, quarterly | $30,805,500 | 10,002 |
| Volatile liabilities | $2,248,000 | 9,353 |
| Insider loans | $58,000 | 10,485 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $0 | 12,206 |
| Tier 1 (core) risk-based capital | $2,464,000 | 10,564 |
| Tier 2 risk-based capital | $202,190 | 9,315 |
| Total risk weighted assets | $15,886,590 | 10,149 |
| Total unused commitments | $0 | 12,208 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 14 | 10,332 |
| Assets and Liabilities | ||
| Total Assets: | $29,853,000 | 10,454 |
| Cash and due from depository institutions | $1,884,000 | 10,332 |
| Interest-bearing balances | $495,000 | 4,980 |
| Securities | $7,601,000 | 10,211 |
| Federal funds sold & reverse repurchase agreements | $2,565,000 | 5,601 |
| Net loans & leases | $16,914,000 | 9,659 |
| Loan loss allowance | $345,000 | 8,168 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $423,000 | 9,481 |
| Other real estate owned | $182,000 | 10,332 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $284,000 | 11,926 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $29,853,000 | 10,454 |
| Total liabilities | $27,562,000 | 10,352 |
| Total deposits | $27,307,000 | 10,251 |
| Interest-bearing deposits | $24,336,000 | 10,042 |
| Deposits held in domestic offices | $27,307,000 | 10,247 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $255,000 | 8,952 |
| Total equity capital | $2,291,000 | 10,938 |
| Total bank equity capital | $2,291,000 | 10,938 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $939,000 | 4,547 |
| Surplus | $939,000 | 8,657 |
| Undivided profits | $413,000 | 11,278 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $347,000 | 6,788 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $153,000 | 9,934 |
| Earning assets | $27,575,000 | 10,354 |
| Long-term assets (5+ years) | $1,347,000 | 9,735 |
| Average Assets, year-to-date | $28,314,000 | 10,525 |
| Average Assets, quarterly | $29,420,000 | 10,461 |
| Volatile liabilities | $1,713,000 | 10,431 |
| Insider loans | $9,000 | 8,908 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $0 | 12,570 |
| Tier 1 (core) risk-based capital | $2,291,000 | 10,893 |
| Tier 2 risk-based capital | $196,510 | 9,538 |
| Total risk weighted assets | $15,572,110 | 10,471 |
| Total unused commitments | $0 | 12,572 |
| Derivatives | $0 | 651 |