Frost State Bank Personal Loans Summary and Portfolio

Frost State Bank is very active in personal loans, with a total carrying amount of loans to individuals for household, family and other personal expenditures that are covered by FDIC loss-sharing agreements of $216,000. Nonaccrual other loans from Frost State Bank to individuals for household, family and other personal expenditures on a consolidated basis amount to $1,000.

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Frost State Bank

Founded December 20, 1985
FDIC Certificate Number - 26519
205 Main St, Frost, Minnesota

Total Assets: $48,413,000

Total Deposits: $42,958,000

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Volume of Personal Loan at Frost State Bank

Personal loans -retained interest

$18,000

Personal loans -subordinated securities

$27,000

Personal loans -standby letters of credit

$46,000

Personal loans -credit enhancements

$78,000

Personal loans -bank asset sales

$53,000

Consumer assets sold with recourse

$96,000

Consumer loan charge-offs

$4,000

Consumer loan recoveries

$18,000

Consumer loan net charge-offs

$4,000

Frost State Bank Personal Loan Chargeoffs, Recoveries

For Frost State Bank's assets sold and securitized by other consumer personal loans, the charge-offs amount to $25,000 and the recoveries amount to $2,000.

An additional figure for personal loan performance are other consumer loans to individuals for household, family and other personal expenditures that are past due still and accruing interest:

Past Due 30 -89 days Past Due 90+ days

$478,000 $1,000

With FDIC Loss-sharing Agreements

Past Due 30 -89 days Past Due 90+ days

$181,000 $114,000

Data produced from US Government reported Financials

Frost State Bank Unsecured Personal Loans Officers

Name
Position
Contact

Roger Hoffman

Texas Market President

(214) 295-4535

Mark Newhouse

Loan Originator

(865) 415-3607

Terry Bergstrom

Residential Mortgages

(320) 983-3101

Lynn Gauer

Assistant Vice President Lending

(320) 214-3007

Diane Obermeyer

Residential Mortgages

(320) 983-3101

News on Personal Loans from Frost State Bank