FDIC Certificate #: 11600 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State Bank Financial (#10383) Federal Reserve ID: 397652 Date Established: January 01, 1879 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 10090 FDIC's unique #: 7413 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 11, 2003 Last Structure Change Process Date: May 09, 2003 Last Data Update: May 09, 2003 Data Source Date: April 05, 2012
Location
Address: 109 South Walnut Street, La Crescent, MN 55947 County: Houston Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Chicago FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): La Crosse, WI-MN (#3870) Core Based Statistical Area (CBSA): La Crosse, WI-MN (#29100) CBSA Metro Statistical Area: La Crosse, WI-MN (#29100)
Financial Summary
Total assets: $8.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
6Total employees (full-time equivalent)
$7,763Total assets
$225Cash and due from depository institutions
$0Interest-bearing balances
$752Securities
$4,005Federal funds sold & reverse repurchase agreements
$2,530Net loans & leases
$53Loan loss allowance
$0Trading account assets
$106Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$145All other assets
$7,763Total liabilities and capital
$6,372Total liabilities
$6,318Total deposits
$5,967Interest-bearing deposits
$6,318Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$54All other liabilities
$1,391Total equity capital
$1,391Total bank equity capital
$1,391Perpetual preferred stock
$0Common stock
$290Surplus
$1,710Undivided profits
Memoranda
$-609Noncurrent loans and leases
$533Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$29Average Assets, year-to-date
$7,287Average Assets, quarterly
$946Volatile liabilities
$6,514Insider loans
$7,419FHLB advances
$523Loans and leases held for sale
$50Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$533Total unused commitments
$0Restructured Loans and leases
$43Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$315Total interest income
$104Total interest expense
$211Net interest income
$14Provision for loan and lease losses
$78Total noninterest income
$0Fiduciary activities
$40Service charges on deposit accounts
$0Trading account gains & fees
$38Additional noninterest income
$560Total noninterest expense
$200Salaries and employee benefits
$180Premises and equipment expense
$180Additional noninterest expense
-$285Pre-tax net operating income
$0Securities gains (losses)
-$97Applicable income taxes
-$188Income before extraordinary items
$0Extraordinary gains - net
-$188Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.31%Yield on earning assets
1.75%Cost of funding earning assets
3.55%Net interest margin
1.31%Noninterest income to earning assets
9.43%Noninterest expense to earning assets
-2.89%Net operating income to assets
-2.89%Return on assets (ROA)
-4.37%Pretax return on assets
-12.54%Return on equity (ROE)
-12.54%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
193,772Assets per employee
1.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.05%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
40.04%Net loans and leases to core deposits
43.66%Equity capital to assets
17.92%Core capital (leverage) ratio
18.84%Tier 1 risk-based capital ratio
40.95%Total risk-based capital ratio
Memoranda
$42Average assets
$6,514Average earning assets
$1,499Average equity
$5,937Average loans
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