American Federal Bank, A Federal Savings Bank in Madison, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 03, 1996

American Federal Bank, A Federal Savings Bank in Madison, South Dakota (SD)
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American Federal Bank, A Federal Savings Bank - Overview

General
FDIC Certificate #: 29242
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Great Western Bank (#15289)
Federal Reserve ID: 848574
Date Established: January 01, 1888
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 3157
FDIC's unique #: 42076
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: June 17, 1965
Last Structure Change Effective Date: June 03, 1996
Last Structure Change Process Date: June 13, 1996
Last Data Update: June 13, 1996
Data Source Date: April 05, 2012
Location
Address: Egan Avenue At Second Street, Madison, SD 57042
County: Lake
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $53.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$14Total assets
$56,837Cash and due from depository institutions
$7,639Interest-bearing balances
$7,399Securities
$22,684Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$25,330Loan loss allowance
$127Trading account assets
$0Bank premises and fixed assets
$511Other real estate owned
$0Goodwill and other intangibles
$673Life insurance assets
$0All other assets
$0Total liabilities and capital
$56,837Total liabilities
$50,377Total deposits
$49,601Interest-bearing deposits
$49,024Deposits held in domestic offices
49601.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$776Total equity capital
$776Total bank equity capital
$6,460Perpetual preferred stock
$0Common stock
$1Surplus
$1,356Undivided profits
Memoranda
$5,103Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$12Income earned, not collected on loans
$143Earning assets
$55,413Long-term assets (5+ years)
$0Average Assets, year-to-date
$53,186Average Assets, quarterly
$54,738Volatile liabilities
$8,285Insider loans
$38FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$831Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,460Total risk weighted assets
$24,195Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$3,748Total interest expense
$2,197Net interest income
$1,551Provision for loan and lease losses
$0Total noninterest income
$237Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$237Total noninterest expense
$1,077Salaries and employee benefits
$564Premises and equipment expense
$214Additional noninterest expense
$299Pre-tax net operating income
$711Securities gains (losses)
$33Applicable income taxes
$252Income before extraordinary items
$492Extraordinary gains - net
$0Net income attributable to bank
$492Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.23%Cost of funding earning assets
4.24%Net interest margin
2.99%Noninterest income to earning assets
0.46%Noninterest expense to earning assets
2.08%Net operating income to assets
0.88%Return on assets (ROA)
0.93%Pretax return on assets
1.40%Return on equity (ROE)
7.95%Retained earnings to average equity (YTD only)
7.95%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
60,235Assets per employee
4.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.50%Loss allowance to noncurrent loans
1058.33%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.05%Net loans and leases to deposits
51.07%Net loans and leases to core deposits
61.31%Equity capital to assets
11.37%Core capital (leverage) ratio
11.37%Tier 1 risk-based capital ratio
26.70%Total risk-based capital ratio
Memoranda
$27Average assets
$53,186Average earning assets
$6,192Average equity
$51,816Average loans

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