First Security Bank - Canby. in city_name, state_name - Detailed Financial Reports, Location

First Security Bank - Canby. in Canby, Minnesota (MN)
Show street view No street view available for this location

First Security Bank - Canby. routing number info

First Security Bank - Canby. - Overview

General
FDIC Certificate #: 5107
Status: Active
Federal Reserve ID: 339353
Bank Holding Company (Regulatory Top Holder): First Sleepy Eye Bancorporation, Inc. (RSSDID: 1123401, Location: Sioux Falls, SD)
Date Established: June 10, 1890
WWW: http://www.fsbcanby.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 9941
FDIC's unique #: 3414
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 08, 2011
Last Structure Change Process Date: June 08, 2011
Last Data Update: June 08, 2011
Data Source Date: April 05, 2012
Location
Address: 102 St. Olaf Avenue North, Canby, MN 56220
County: Yellow Medicine
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: Central
Office of Thrift Supervision Region: West
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $59.0 mil
Equity capital: $7.8 mil
Deposits held in domestic offices: $50.5 mil
Return on assets (ROA): 1.79% ($1.1 mil)
Quarterly return on assets: 1.84% ($1.1 mil)
Return on Equity (ROE): 13.05% ($1.0 mil)
Quarterly return on equity: 13.26% ($1.1 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.79% ($1,056.8 mil)
Quarterly Pretax return on assets: 1.84% ($1,086.3 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
13Total employees (full-time equivalent)
$59,039Total assets
$13,513Cash and due from depository institutions
$12,234Interest-bearing balances
$15,084Securities
$0Federal funds sold & reverse repurchase agreements
$26,115Net loans & leases
$563Loan loss allowance
$0Trading account assets
$573Bank premises and fixed assets
$419Other real estate owned
$1,531Goodwill and other intangibles
$59,039Life insurance assets
$1,804All other assets
$51,204Total liabilities and capital
$50,501Total liabilities
$25,407Total deposits
$50,501Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$550Trading liabilities
$0Other borrowed funds
$153Subordinated debt
$7,835All other liabilities
$7,835Total equity capital
$7,835Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$5,850Surplus
$1,935Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$55Income earned, not collected on loans
$0Earning assets
$504Long-term assets (5+ years)
$53,433Average Assets, year-to-date
$17,276Average Assets, quarterly
$55,650Volatile liabilities
$57,279Insider loans
$35,666FHLB advances
$57,713Loans and leases held for sale
$1,000Unused loan commitments
$500Tier 1 (core) risk-based capital
$5,656Tier 2 risk-based capital
$0Total risk weighted assets
$500Total unused commitments
$3,406Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,628Total interest income
$244Total interest expense
$2,384Net interest income
-$50Provision for loan and lease losses
$266Total noninterest income
$0Fiduciary activities
$136Service charges on deposit accounts
$0Trading account gains & fees
$130Additional noninterest income
$1,564Total noninterest expense
$627Salaries and employee benefits
$199Premises and equipment expense
$738Additional noninterest expense
$1,136Pre-tax net operating income
-$138Securities gains (losses)
$0Applicable income taxes
$998Income before extraordinary items
$0Extraordinary gains - net
$998Net income attributable to bank
$0Net charge-offs
$998Cash dividends
$9Sale, conversion, retirement of capital stock, net
$800Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.21%Yield on earning assets
0.48%Cost of funding earning assets
4.72%Net interest margin
0.53%Noninterest income to earning assets
3.10%Noninterest expense to earning assets
2.04%Net operating income to assets
1.79%Return on assets (ROA)
1.79%Pretax return on assets
13.05%Return on equity (ROE)
2.59%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
-555.56%Credit loss provision to net charge-offs
120.67%Efficiency ratio
59,019Assets per employee
4.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
80.16%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
1023.64%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
0.21%Net loans and leases to deposits
51.71%Net loans and leases to core deposits
51.71%Equity capital to assets
13.27%Core capital (leverage) ratio
9.80%Tier 1 risk-based capital ratio
15.86%Total risk-based capital ratio
Memoranda
$17Average assets
$55,650Average earning assets
$7,646Average equity
$50,462Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	3414	First Security Bank - Canby.	102 St. Olaf Avenue North, Canby, MN 56220	June 10, 1890	Full Service Brick and Mortar
1	7038	First Security Bank - Lake Benton Br	107 North Center Street, Lake Benton, MN 56149	December 12, 1906	Full Service Brick and Mortar

First Security Bank - Canby. in Canby, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank - Canby. - 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 Security Bank - Canby. in Canby, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Security Bank - Canby. - 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 Security Bank - Canby. in Canby, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches