First Bank & Trust of Milbank in city_name, state_name - Detailed Financial Reports, Location

First Bank & Trust of Milbank in Milbank, South Dakota (SD)
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First Bank & Trust of Milbank routing number info

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First Bank & Trust of Milbank - Overview

General
FDIC Certificate #: 26638
Status: Active
Federal Reserve ID: 372556
Bank Holding Company (Regulatory Top Holder): Fishback Financial Corporation (RSSDID: 1123072, Location: Brookings, SD)
Date Established: March 27, 1986
WWW: http://www.bankeasy.commilbank/
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 35370
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: March 27, 1986
Last Structure Change Effective Date: January 20, 2007
Last Structure Change Process Date: March 09, 2007
Last Data Update: March 09, 2007
Data Source Date: April 05, 2012
Location
Address: 215 West Fourth Avenue, Milbank, SD 57252
County: Grant
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
Office Purchased
Financial Summary
Total assets: $153.9 mil
Equity capital: $17.7 mil
Deposits held in domestic offices: $132.4 mil
Return on assets (ROA): 0.72% ($1.1 mil)
Quarterly return on assets: 0.90% ($1.4 mil)
Return on Equity (ROE): 5.99% ($1.1 mil)
Quarterly return on equity: 7.44% ($1.3 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.99% ($1,523.5 mil)
Quarterly Pretax return on assets: 1.27% ($1,954.4 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
22Total employees (full-time equivalent)
$153,891Total assets
$16,024Cash and due from depository institutions
$9,552Interest-bearing balances
$34,668Securities
$2,142Federal funds sold & reverse repurchase agreements
$92,717Net loans & leases
$1,219Loan loss allowance
$0Trading account assets
$1,150Bank premises and fixed assets
$2,229Other real estate owned
$1,619Goodwill and other intangibles
$153,891Life insurance assets
$3,342All other assets
$136,225Total liabilities and capital
$132,382Total liabilities
$105,414Total deposits
$132,382Interest-bearing deposits
$91Deposits held in domestic offices
398.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,500Trading liabilities
$0Other borrowed funds
$945Subordinated debt
$17,666All other liabilities
$17,666Total equity capital
$17,666Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$12,850Surplus
$4,766Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$248Income earned, not collected on loans
$0Earning assets
$1,468Long-term assets (5+ years)
$139,079Average Assets, year-to-date
$44,568Average Assets, quarterly
$141,616Volatile liabilities
$145,605Insider loans
$106,253FHLB advances
$139,954Loans and leases held for sale
$1,169Unused loan commitments
$1,169Tier 1 (core) risk-based capital
$15,440Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,910Restructured Loans and leases
$1,369Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,170Total interest income
$1,908Total interest expense
$5,262Net interest income
$837Provision for loan and lease losses
$1,141Total noninterest income
$0Fiduciary activities
$565Service charges on deposit accounts
$0Trading account gains & fees
$576Additional noninterest income
$4,163Total noninterest expense
$1,207Salaries and employee benefits
$212Premises and equipment expense
$2,744Additional noninterest expense
$1,403Pre-tax net operating income
$0Securities gains (losses)
$390Applicable income taxes
$1,013Income before extraordinary items
$0Extraordinary gains - net
$1,013Net income attributable to bank
$0Net charge-offs
$1,013Cash dividends
$1,166Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.49%Yield on earning assets
1.46%Cost of funding earning assets
4.03%Net interest margin
0.87%Noninterest income to earning assets
3.19%Noninterest expense to earning assets
0.72%Net operating income to assets
0.72%Return on assets (ROA)
0.99%Pretax return on assets
5.99%Return on equity (ROE)
5.99%Retained earnings to average equity (YTD only)
1.15%Net charge-offs to loans
71.78%Credit loss provision to net charge-offs
1.92%Efficiency ratio
63,783Assets per employee
7.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
491.53%Noncurrent assets plus other real estate owned to assets
1.61%Noncurrent loans to loans
0.26%Net loans and leases to deposits
70.04%Net loans and leases to core deposits
72.21%Equity capital to assets
11.48%Core capital (leverage) ratio
11.03%Tier 1 risk-based capital ratio
14.53%Total risk-based capital ratio
Memoranda
$16Average assets
$141,616Average earning assets
$16,924Average equity
$130,648Average loans

List of branches

3 South Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	35370	First Bank & Trust Of Milbank	215 West Fourth Avenue, Milbank, SD 57252	March 27, 1986	Full Service Brick and Mortar
3	259805	Stockholm Branch	102 South Main Street, Stockholm, SD 57265	May 01, 1995	Full Service Brick and Mortar
4	219296	Toronto Branch	445 Main Ave., Toronto, SD 57268	June 02, 1980	Full Service Brick and Mortar

First Bank & Trust of Milbank in Milbank, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank & Trust of Milbank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Bank & Trust of Milbank in Milbank, South Dakota (SD)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank & Trust of Milbank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Bank & Trust of Milbank in Milbank, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches