Community State Bank of Alexandria in Alexandria, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 17, 1995

  • Community State Bank of Alexandria in Alexandria, Minnesota (MN)
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Community State Bank of Alexandria - Overview

  • General
  • FDIC Certificate #: 20621
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Minnesota Central, National Association (#9755)
    Federal Reserve ID: 142058
    Date Established: Febuary 22, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 10831
    FDIC's unique #: 14231
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 22, 1972
    Last Structure Change Effective Date: Febuary 17, 1995
    Last Structure Change Process Date: March 03, 1995
    Last Data Update: March 03, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 618 Third Avenue East, Alexandria, MN 56308
    County: Douglas
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Fargo
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Alexandria, MN (#10820)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $57.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $26Total assets
  • $57,515Cash and due from depository institutions
  • $2,023Interest-bearing balances
  • $56Securities
  • $13,727Federal funds sold & reverse repurchase agreements
  • $2,400Net loans & leases
  • $36,620Loan loss allowance
  • $977Trading account assets
  • $0Bank premises and fixed assets
  • $887Other real estate owned
  • $0Goodwill and other intangibles
  • $1,858Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $57,515Total liabilities
  • $54,531Total deposits
  • $52,700Interest-bearing deposits
  • $44,633Deposits held in domestic offices
  • 52700.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $442Subordinated debt
  • $0All other liabilities
  • $1,389Total equity capital
  • $1,389Total bank equity capital
  • $2,984Perpetual preferred stock
  • $0Common stock
  • $287Surplus
  • $2,713Undivided profits
  • Memoranda
  • $-16Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $343Income earned, not collected on loans
  • $291Earning assets
  • $52,803Long-term assets (5+ years)
  • $3,721Average Assets, year-to-date
  • $57,938Average Assets, quarterly
  • $58,415Volatile liabilities
  • $8,331Insider loans
  • $347FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,250Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,353Total risk weighted assets
  • $38,489Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,499Total interest expense
  • $1,774Net interest income
  • $2,725Provision for loan and lease losses
  • $533Total noninterest income
  • $521Fiduciary activities
  • $0Service charges on deposit accounts
  • $311Trading account gains & fees
  • $0Additional noninterest income
  • $210Total noninterest expense
  • $3,262Salaries and employee benefits
  • $1,005Premises and equipment expense
  • $495Additional noninterest expense
  • $1,762Pre-tax net operating income
  • -$549Securities gains (losses)
  • $14Applicable income taxes
  • $312Income before extraordinary items
  • -$847Extraordinary gains - net
  • $0Net income attributable to bank
  • -$847Net charge-offs
  • $2Cash dividends
  • $391Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.52%Cost of funding earning assets
  • 3.36%Net interest margin
  • 5.16%Noninterest income to earning assets
  • 0.99%Noninterest expense to earning assets
  • 6.18%Net operating income to assets
  • -1.49%Return on assets (ROA)
  • -1.46%Pretax return on assets
  • -0.92%Return on equity (ROE)
  • -19.72%Retained earnings to average equity (YTD only)
  • -28.83%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 26650.00%Efficiency ratio
  • 100,493Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -46.16%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 284.84%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.91%Net loans and leases to deposits
  • 69.49%Net loans and leases to core deposits
  • 81.72%Equity capital to assets
  • 5.19%Core capital (leverage) ratio
  • 5.66%Tier 1 risk-based capital ratio
  • 8.71%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $57,938Average earning assets
  • $4,294Average equity
  • $52,818Average loans

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