FDIC Certificate #: 22627 Status: Active Federal Reserve ID: 199454 Bank Holding Company (Regulatory Top Holder): Stonebridge Bancorporation (RSSDID: 3393815, Location: Minneapolis, MN) Date Established: April 10, 1978 WWW:http://www.csbshakopee.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 #: 15786 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 10, 1978 Last Structure Change Effective Date: March 31, 2011 Last Structure Change Process Date: March 31, 2011 Last Data Update: March 31, 2011 Data Source Date: April 05, 2012
Location
Address: 1100 East Fourth Avenue, Shakopee, MN 55379 County: Scott Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial Summary
Total assets: $20.4 mil Equity capital: $1.5 mil Deposits held in domestic offices: $18.8 mil Return on assets (ROA): -0.68% (-$0.1 mil) Quarterly return on assets: -1.06% (-$0.2 mil) Return on Equity (ROE): -8.37% (-$0.2 mil) Quarterly return on equity: -13.75% (-$0.3 mil) Net income: -$0.1 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.68% (-$138.5 mil) Quarterly Pretax return on assets: -1.06% (-$215.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$20,369Total assets
$6,194Cash and due from depository institutions
$5,565Interest-bearing balances
$201Securities
$0Federal funds sold & reverse repurchase agreements
$12,006Net loans & leases
$132Loan loss allowance
$0Trading account assets
$1,307Bank premises and fixed assets
$350Other real estate owned
$103Goodwill and other intangibles
$20,369Life insurance assets
$208All other assets
$18,854Total liabilities and capital
$18,753Total liabilities
$13,544Total deposits
$18,753Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$101Subordinated debt
$1,515All other liabilities
$1,515Total equity capital
$1,515Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$1,572Surplus
$-557Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$418Income earned, not collected on loans
$0Earning assets
$42Long-term assets (5+ years)
$17,772Average Assets, year-to-date
$1,757Average Assets, quarterly
$19,568Volatile liabilities
$20,058Insider loans
$12,504FHLB advances
$19,700Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,429Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,170Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$631Total interest income
$108Total interest expense
$523Net interest income
$49Provision for loan and lease losses
$172Total noninterest income
$0Fiduciary activities
$67Service charges on deposit accounts
$0Trading account gains & fees
$105Additional noninterest income
$780Total noninterest expense
$317Salaries and employee benefits
$165Premises and equipment expense
$298Additional noninterest expense
-$134Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$134Income before extraordinary items
$0Extraordinary gains - net
-$134Net income attributable to bank
$0Net charge-offs
-$134Cash dividends
-$8Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.76%Yield on earning assets
0.64%Cost of funding earning assets
3.12%Net interest margin
1.02%Noninterest income to earning assets
4.65%Noninterest expense to earning assets
-0.68%Net operating income to assets
-0.68%Return on assets (ROA)
-0.68%Pretax return on assets
-8.37%Return on equity (ROE)
-8.37%Retained earnings to average equity (YTD only)
-0.08%Net charge-offs to loans
-612.50%Credit loss provision to net charge-offs
0.00%Efficiency ratio
112,230Assets per employee
3.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
31.58%Noncurrent assets plus other real estate owned to assets
3.77%Noncurrent loans to loans
3.44%Net loans and leases to deposits
64.02%Net loans and leases to core deposits
67.44%Equity capital to assets
7.44%Core capital (leverage) ratio
7.25%Tier 1 risk-based capital ratio
11.43%Total risk-based capital ratio
Memoranda
$12Average assets
$19,568Average earning assets
$1,602Average equity
$16,787Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
15786
Citizens State Bank Of Shakopee
1100 East Fourth Avenue, Shakopee, MN 55379
April 10, 1978
Full Service Brick and Mortar
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