First Savings Bank in Beresford, South Dakota (SD), NM, TX, AZ, NE
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Savings Bank in Beresford, South Dakota (SD), NM, TX, AZ, NE
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First Savings Bank - Overview

  • General
  • FDIC Certificate #: 32629
    Status: Active
    Federal Reserve ID: 67656
    Date Established: January 01, 1989
    WWW: http://www.firstsavingsbanks.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 22 (Domestic: 22, Interstate: Yes)
    OTS Docket #: 8547
    FDIC's unique #: 45463
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1989
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 North Third Street, Beresford, SD 57004
    County: Union
    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
    Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
    Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
    CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $436.6 mil
    Equity capital: $65.7 mil
    Deposits held in domestic offices: $352.8 mil
    Return on assets (ROA): 1.44% ($6.3 mil)
    Quarterly return on assets: 1.41% ($6.2 mil)
    Return on Equity (ROE): 9.89% ($6.5 mil)
    Quarterly return on equity: 9.35% ($6.2 mil)
    Net income: $6.2 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 2.15% ($9,386.7 mil)
    Quarterly Pretax return on assets: 2.13% ($9,299.4 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
  • 143Total employees (full-time equivalent)
  • $436,593Total assets
  • $35,230Cash and due from depository institutions
  • $25,361Interest-bearing balances
  • $92,923Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $269,318Net loans & leases
  • $13,184Loan loss allowance
  • $0Trading account assets
  • $12,435Bank premises and fixed assets
  • $14,659Other real estate owned
  • $597Goodwill and other intangibles
  • $436,593Life insurance assets
  • $10,431All other assets
  • $370,902Total liabilities and capital
  • $352,844Total liabilities
  • $290,042Total deposits
  • $352,844Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 10.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $12,048Subordinated debt
  • $65,691All other liabilities
  • $65,691Total equity capital
  • $65,691Total bank equity capital
  • $0Perpetual preferred stock
  • $5,161Common stock
  • $18,358Surplus
  • $42,172Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,412Income earned, not collected on loans
  • $0Earning assets
  • $1,602Long-term assets (5+ years)
  • $388,602Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $433,648Volatile liabilities
  • $432,065Insider loans
  • $304,378FHLB advances
  • $434,471Loans and leases held for sale
  • $2,545Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $64,164Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,933Restructured Loans and leases
  • $399Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $28,167Total interest income
  • $3,673Total interest expense
  • $24,494Net interest income
  • $9,284Provision for loan and lease losses
  • $16,322Total noninterest income
  • $0Fiduciary activities
  • $586Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,736Additional noninterest income
  • $22,203Total noninterest expense
  • $8,464Salaries and employee benefits
  • $2,829Premises and equipment expense
  • $10,910Additional noninterest expense
  • $9,329Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,092Applicable income taxes
  • $6,237Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,237Net income attributable to bank
  • $0Net charge-offs
  • $6,237Cash dividends
  • $5,797Sale, conversion, retirement of capital stock, net
  • $800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.24%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 6.29%Net interest margin
  • 4.19%Noninterest income to earning assets
  • 5.71%Noninterest expense to earning assets
  • 1.44%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 2.15%Pretax return on assets
  • 9.89%Return on equity (ROE)
  • 8.62%Retained earnings to average equity (YTD only)
  • 2.05%Net charge-offs to loans
  • 160.15%Credit loss provision to net charge-offs
  • 3.21%Efficiency ratio
  • 54,398Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.83%Loss allowance to loans
  • 4.67%Loss allowance to noncurrent loans
  • 140.08%Noncurrent assets plus other real estate owned to assets
  • 5.51%Noncurrent loans to loans
  • 3.33%Net loans and leases to deposits
  • 76.33%Net loans and leases to core deposits
  • 78.88%Equity capital to assets
  • 15.05%Core capital (leverage) ratio
  • 14.77%Tier 1 risk-based capital ratio
  • 21.08%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $433,648Average earning assets
  • $63,044Average equity
  • $389,129Average loans

List of branches

  • 1 Arizona Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    24447422Lake Havasu City Branch1041 Acoma Blvd South, Lake Havasu City, AZ 86406August 18, 2003Full Service Brick and Mortar
  • 1 Nebraska Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    20365165First American Savings Bank Branch3540 South 84th Street, Omaha, NE 68124May 16, 1989Full Service Brick and Mortar
  • 1 Nevada Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    23447421Las Vegas Branch2365b Renaissance Drive, Las Vegas, NV 89119July 06, 1999Full Service Brick and Mortar
  • 6 New Mexico Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    1041941520 South Gold Branch520 South Gold, Deming, NM 88030August 01, 1934Full Service Brick and Mortar
    112729061221 North Hudson Branch1221 North Hudson, Silver City, NM 88061August 01, 1934Full Service Brick and Mortar
    12272907North Date Street Branch915 N. Date St, Truth Or Consequences, NM 87901August 01, 1934Full Service Brick and Mortar
    1444591Sun World Branch723 New York Ave, Alamogordo, NM 88310January 01, 1974Full Service Brick and Mortar
    15285843Ruidoso Branch2713 Sudderth, Ruidoso, NM 88345March 01, 1990Full Service Brick and Mortar
    17288572Telshore Branch2804 North Telshore, Las Cruces, NM 88001June 30, 1996Full Service Brick and Mortar
  • 10 South Dakota Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    045463First Savings Bank201 North Third Street, Beresford, SD 57004January 01, 1989Full Service Brick and Mortar
    1288563Britton Branch600 Main Street, Britton, SD 57430August 09, 1989Full Service Brick and Mortar
    2288564Waubay Branch525 Main Street, Waubay, SD 57273August 09, 1989Full Service Brick and Mortar
    3288565Springfield Branch825 8th Street, Springfield, SD 57062August 09, 1989Full Service Brick and Mortar
    4288566Parker Branch3rd & Main Street, Parker, SD 57053August 09, 1989Full Service Brick and Mortar
    5288567Veblen Branch123 Main Street, Veblen, SD 57270August 09, 1989Full Service Brick and Mortar
    7288569Bristol Branch118 Main Street, Bristol, SD 57219August 09, 1989Full Service Brick and Mortar
    8288570Hecla Branch211 Main Street, Hecla, SD 57446August 09, 1989Full Service Brick and Mortar
    18288573Sioux Falls Branch2301 East 10th Street, Sioux Falls, SD 57117June 30, 1996Full Service Brick and Mortar
    22447420Flandreau Branch120 N Wind, Flandreau, SD 57028March 05, 1995Full Service Brick and Mortar
  • 3 Texas Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    19356520909 North Mesa Branch909 North Mesa, El Paso, TX 79902June 14, 1999Full Service Brick and Mortar
    214192371701 Saul Klenfield Branch1701 Saul Klenfield, El Paso, TX 79936May 27, 2003Full Service Brick and Mortar
    25447423Doniphan Drive Branch5430 Doniphan Drive, Suite B, El Paso, TX 79932January 03, 2005Full Service Brick and Mortar

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