FDIC Certificate #: 22263 Status: Active Federal Reserve ID: 21359 Bank Holding Company (Regulatory Top Holder): Grygla Financial Corporation (RSSDID: 1857760, Location: Grygla, MN) Date Established: April 30, 1976 WWW:http://www.asbgrygla.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 15476 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: April 30, 1976 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 102 S Main Ave, Grygla, MN 56727 County: Marshall Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Forks Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $23.8 mil Equity capital: $2.7 mil Deposits held in domestic offices: $20.8 mil Return on assets (ROA): 1.65% ($0.4 mil) Quarterly return on assets: 1.18% ($0.3 mil) Return on Equity (ROE): 15.44% ($0.5 mil) Quarterly return on equity: 10.28% ($0.3 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.65% ($392.5 mil) Quarterly Pretax return on assets: 1.18% ($280.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
7Total employees (full-time equivalent)
$23,787Total assets
$1,981Cash and due from depository institutions
$1,044Interest-bearing balances
$5,254Securities
$0Federal funds sold & reverse repurchase agreements
$15,751Net loans & leases
$201Loan loss allowance
$0Trading account assets
$80Bank premises and fixed assets
$52Other real estate owned
$0Goodwill and other intangibles
$23,787Life insurance assets
$669All other assets
$21,107Total liabilities and capital
$20,776Total liabilities
$18,206Total deposits
$20,776Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$297Trading liabilities
$0Other borrowed funds
$34Subordinated debt
$2,680All other liabilities
$2,680Total equity capital
$2,680Total bank equity capital
$0Perpetual preferred stock
$550Common stock
$700Surplus
$1,430Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$25Income earned, not collected on loans
$0Earning assets
$289Long-term assets (5+ years)
$22,049Average Assets, year-to-date
$5,361Average Assets, quarterly
$24,010Volatile liabilities
$23,787Insider loans
$15,647FHLB advances
$24,211Loans and leases held for sale
$105Unused loan commitments
$105Tier 1 (core) risk-based capital
$2,449Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,221Restructured Loans and leases
$453Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,097Total interest income
$240Total interest expense
$857Net interest income
$18Provision for loan and lease losses
$369Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$287Additional noninterest income
$823Total noninterest expense
$502Salaries and employee benefits
$106Premises and equipment expense
$215Additional noninterest expense
$385Pre-tax net operating income
$10Securities gains (losses)
$0Applicable income taxes
$395Income before extraordinary items
$0Extraordinary gains - net
$395Net income attributable to bank
$0Net charge-offs
$395Cash dividends
$4Sale, conversion, retirement of capital stock, net
$266Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.85%Yield on earning assets
1.06%Cost of funding earning assets
3.79%Net interest margin
1.63%Noninterest income to earning assets
3.64%Noninterest expense to earning assets
1.60%Net operating income to assets
1.65%Return on assets (ROA)
1.65%Pretax return on assets
15.44%Return on equity (ROE)
5.04%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
450.00%Credit loss provision to net charge-offs
100.75%Efficiency ratio
67,129Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.34%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
804.00%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.16%Net loans and leases to deposits
75.81%Net loans and leases to core deposits
76.92%Equity capital to assets
11.27%Core capital (leverage) ratio
10.12%Tier 1 risk-based capital ratio
15.65%Total risk-based capital ratio
Memoranda
$17Average assets
$24,010Average earning assets
$2,558Average equity
$22,627Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15476
American State Bank Of Grygla
102 S Main Ave, Grygla, MN 56727
April 30, 1976
Full Service Brick and Mortar
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