FDIC Certificate #: 3903 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:DACOTAH BANK (#16168) Federal Reserve ID: 914451 Date Established: November 01, 1903 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 15885 FDIC's unique #: 2548 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 30, 2001 Last Structure Change Process Date: July 10, 2001 Last Data Update: July 10, 2001 Data Source Date: April 05, 2012
Location
Address: 15 Main Street, Bowbells, ND 58721 County: Burke Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Forks Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
Financial Summary
Total assets: $41.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
20Total employees (full-time equivalent)
$39,966Total assets
$2,815Cash and due from depository institutions
$500Interest-bearing balances
$12,307Securities
$3,032Federal funds sold & reverse repurchase agreements
$20,345Net loans & leases
$518Loan loss allowance
$0Trading account assets
$613Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$854All other assets
$39,966Total liabilities and capital
$35,645Total liabilities
$35,129Total deposits
$31,287Interest-bearing deposits
$35,129Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$516All other liabilities
$4,321Total equity capital
$4,321Total bank equity capital
$4,321Perpetual preferred stock
$0Common stock
$700Surplus
$1,450Undivided profits
Memoranda
$2,171Noncurrent loans and leases
$1,192Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$402Earning assets
$58Long-term assets (5+ years)
$464Average Assets, year-to-date
$36,184Average Assets, quarterly
$899Volatile liabilities
$38,891Insider loans
$38,842FHLB advances
$3,137Loans and leases held for sale
$541Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,192Total unused commitments
$0Restructured Loans and leases
$307Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$2,909Total interest income
$1,396Total interest expense
$1,513Net interest income
$30Provision for loan and lease losses
$261Total noninterest income
$0Fiduciary activities
$78Service charges on deposit accounts
$0Trading account gains & fees
$183Additional noninterest income
$1,349Total noninterest expense
$748Salaries and employee benefits
$129Premises and equipment expense
$472Additional noninterest expense
$395Pre-tax net operating income
$0Securities gains (losses)
$130Applicable income taxes
$265Income before extraordinary items
$0Extraordinary gains - net
$265Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$49Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.17%Yield on earning assets
3.92%Cost of funding earning assets
4.25%Net interest margin
0.73%Noninterest income to earning assets
3.79%Noninterest expense to earning assets
0.68%Net operating income to assets
0.68%Return on assets (ROA)
1.02%Pretax return on assets
6.54%Return on equity (ROE)
6.54%Retained earnings to average equity (YTD only)
-0.24%Net charge-offs to loans
-61.22%Credit loss provision to net charge-offs
0.00%Efficiency ratio
76,043Assets per employee
2.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.48%Loss allowance to noncurrent loans
128.86%Noncurrent assets plus other real estate owned to assets
1.01%Noncurrent loans to loans
1.93%Net loans and leases to deposits
57.92%Net loans and leases to core deposits
63.59%Equity capital to assets
10.81%Core capital (leverage) ratio
11.13%Tier 1 risk-based capital ratio
17.67%Total risk-based capital ratio
Memoranda
$19Average assets
$38,891Average earning assets
$4,050Average equity
$35,603Average loans
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