FDIC Certificate #: 11343 Status: Active Federal Reserve ID: 821643 Bank Holding Company (Regulatory Top Holder): Ashton Bancshares, Inc. (RSSDID: 1250419, Location: Saint Paul, MN) Date Established: March 01, 1884 WWW:http://www.ashtonstatebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10514 FDIC's unique #: 7245 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 317 Third Street, Ashton, IA 51232 County: Osceola Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $39.8 mil Equity capital: $4.6 mil Deposits held in domestic offices: $30.3 mil Return on assets (ROA): 1.88% ($0.8 mil) Quarterly return on assets: 1.51% ($0.6 mil) Return on Equity (ROE): 15.78% ($0.8 mil) Quarterly return on equity: 12.52% ($0.6 mil) Net income: $0.7 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.97% ($783.7 mil) Quarterly Pretax return on assets: 1.59% ($632.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$39,780Total assets
$731Cash and due from depository institutions
$0Interest-bearing balances
$11,421Securities
$0Federal funds sold & reverse repurchase agreements
$25,915Net loans & leases
$228Loan loss allowance
$0Trading account assets
$65Bank premises and fixed assets
$175Other real estate owned
$0Goodwill and other intangibles
$39,780Life insurance assets
$1,473All other assets
$35,168Total liabilities and capital
$30,328Total liabilities
$26,781Total deposits
$30,328Interest-bearing deposits
$99Deposits held in domestic offices
1525.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,180Trading liabilities
$0Other borrowed funds
$135Subordinated debt
$4,612All other liabilities
$4,612Total equity capital
$4,612Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$1,600Surplus
$2,612Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$374Income earned, not collected on loans
$0Earning assets
$387Long-term assets (5+ years)
$37,336Average Assets, year-to-date
$17,802Average Assets, quarterly
$36,728Volatile liabilities
$38,315Insider loans
$30,629FHLB advances
$38,023Loans and leases held for sale
$802Unused loan commitments
$529Tier 1 (core) risk-based capital
$4,319Tier 2 risk-based capital
$0Total risk weighted assets
$273Total unused commitments
$4,291Restructured Loans and leases
$1,573Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,697Total interest income
$413Total interest expense
$1,284Net interest income
$30Provision for loan and lease losses
$186Total noninterest income
$6Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$131Additional noninterest income
$724Total noninterest expense
$421Salaries and employee benefits
$52Premises and equipment expense
$251Additional noninterest expense
$716Pre-tax net operating income
$8Securities gains (losses)
$34Applicable income taxes
$690Income before extraordinary items
$0Extraordinary gains - net
$690Net income attributable to bank
$0Net charge-offs
$690Cash dividends
$15Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.95%Yield on earning assets
1.20%Cost of funding earning assets
3.74%Net interest margin
0.54%Noninterest income to earning assets
2.11%Noninterest expense to earning assets
1.86%Net operating income to assets
1.88%Return on assets (ROA)
1.97%Pretax return on assets
15.78%Return on equity (ROE)
4.35%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
49.73%Efficiency ratio
49,252Assets per employee
6.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.46%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
60.96%Noncurrent assets plus other real estate owned to assets
1.63%Noncurrent loans to loans
1.43%Net loans and leases to deposits
85.45%Net loans and leases to core deposits
86.59%Equity capital to assets
11.59%Core capital (leverage) ratio
11.36%Tier 1 risk-based capital ratio
14.10%Total risk-based capital ratio
Memoranda
$15Average assets
$36,728Average earning assets
$4,371Average equity
$34,317Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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