FDIC Certificate #: 18483 Status: Active Federal Reserve ID: 410159 Bank Holding Company (Regulatory Top Holder): Randall Bancshares, Inc. (RSSDID: 1245246, Location: Lake Andes, SD) Date Established: Febuary 05, 1962 WWW:http://www.andesstatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 12378 Numeric code: 21 Regulator: FDIC 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: Febuary 05, 1962 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: 213 Main Street, Lake Andes, SD 57356 County: Charles Mix 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $21.2 mil Equity capital: $2.1 mil Deposits held in domestic offices: $19.1 mil Return on assets (ROA): 0.80% ($0.2 mil) Quarterly return on assets: 0.15% ($0.0 mil) Return on Equity (ROE): 7.85% ($0.2 mil) Quarterly return on equity: 1.50% ($0.0 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.18% ($250.6 mil) Quarterly Pretax return on assets: -0.08% (-$17.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$21,239Total assets
$5,760Cash and due from depository institutions
$5,268Interest-bearing balances
$4,817Securities
$3,250Federal funds sold & reverse repurchase agreements
$6,904Net loans & leases
$92Loan loss allowance
$0Trading account assets
$131Bank premises and fixed assets
$136Other real estate owned
$0Goodwill and other intangibles
$21,239Life insurance assets
$241All other assets
$19,111Total liabilities and capital
$19,069Total liabilities
$15,292Total deposits
$19,069Interest-bearing deposits
$73Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$42Subordinated debt
$2,128All other liabilities
$2,128Total equity capital
$2,128Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$960Surplus
$928Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$14Income earned, not collected on loans
$0Earning assets
$172Long-term assets (5+ years)
$20,239Average Assets, year-to-date
$4,150Average Assets, quarterly
$20,659Volatile liabilities
$21,004Insider loans
$9,935FHLB advances
$20,793Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,126Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$829Restructured Loans and leases
$50Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$728Total interest income
$92Total interest expense
$636Net interest income
$88Provision for loan and lease losses
$100Total noninterest income
$0Fiduciary activities
$46Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$582Total noninterest expense
$343Salaries and employee benefits
$26Premises and equipment expense
$213Additional noninterest expense
$66Pre-tax net operating income
$177Securities gains (losses)
$77Applicable income taxes
$166Income before extraordinary items
$0Extraordinary gains - net
$166Net income attributable to bank
$0Net charge-offs
$166Cash dividends
$120Sale, conversion, retirement of capital stock, net
$20Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.70%Yield on earning assets
0.47%Cost of funding earning assets
3.24%Net interest margin
0.51%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.22%Net operating income to assets
0.80%Return on assets (ROA)
1.18%Pretax return on assets
7.85%Return on equity (ROE)
6.90%Retained earnings to average equity (YTD only)
1.85%Net charge-offs to loans
73.33%Credit loss provision to net charge-offs
1.28%Efficiency ratio
79,076Assets per employee
3.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.05%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
657.14%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
0.20%Net loans and leases to deposits
36.21%Net loans and leases to core deposits
48.17%Equity capital to assets
10.02%Core capital (leverage) ratio
10.22%Tier 1 risk-based capital ratio
21.40%Total risk-based capital ratio
Memoranda
$22Average assets
$20,659Average earning assets
$2,115Average equity
$19,655Average loans
List of branches
1 South Dakota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12378
Andes State Bank
213 Main Street, Lake Andes, SD 57356
Febuary 05, 1962
Full Service Brick and Mortar
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