FDIC Certificate #: 10559 Status: Active Federal Reserve ID: 403357 Date Established: January 01, 1910 WWW:http://www.fsbclearbrook.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6761 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: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 123 Main Street South, Clearbrook, MN 56634 County: Clearwater 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.0 mil Equity capital: $3.9 mil Deposits held in domestic offices: $31.8 mil Return on assets (ROA): 1.41% ($0.5 mil) Quarterly return on assets: 1.21% ($0.4 mil) Return on Equity (ROE): 13.26% ($0.5 mil) Quarterly return on equity: 10.82% ($0.4 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.41% ($506.9 mil) Quarterly Pretax return on assets: 1.21% ($435.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$35,953Total assets
$5,548Cash and due from depository institutions
$2,253Interest-bearing balances
$11,197Securities
$0Federal funds sold & reverse repurchase agreements
$17,649Net loans & leases
$249Loan loss allowance
$0Trading account assets
$353Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$35,953Life insurance assets
$1,206All other assets
$32,087Total liabilities and capital
$31,812Total liabilities
$26,604Total deposits
$31,812Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$275Subordinated debt
$3,866All other liabilities
$3,866Total equity capital
$3,866Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$1,675Surplus
$2,116Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$144Income earned, not collected on loans
$0Earning assets
$181Long-term assets (5+ years)
$31,099Average Assets, year-to-date
$8,977Average Assets, quarterly
$34,377Volatile liabilities
$34,320Insider loans
$20,891FHLB advances
$35,054Loans and leases held for sale
$912Unused loan commitments
$912Tier 1 (core) risk-based capital
$3,484Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,790Restructured Loans and leases
$55Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,489Total interest income
$244Total interest expense
$1,245Net interest income
$0Provision for loan and lease losses
$242Total noninterest income
$0Fiduciary activities
$151Service charges on deposit accounts
$0Trading account gains & fees
$91Additional noninterest income
$1,005Total noninterest expense
$633Salaries and employee benefits
$155Premises and equipment expense
$217Additional noninterest expense
$482Pre-tax net operating income
$3Securities gains (losses)
$0Applicable income taxes
$485Income before extraordinary items
$0Extraordinary gains - net
$485Net income attributable to bank
$0Net charge-offs
$485Cash dividends
-$8Sale, conversion, retirement of capital stock, net
$393Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.78%Yield on earning assets
0.78%Cost of funding earning assets
3.99%Net interest margin
0.78%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
1.40%Net operating income to assets
1.41%Return on assets (ROA)
1.41%Pretax return on assets
13.26%Return on equity (ROE)
2.52%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,586Assets per employee
3.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
81.03%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
172.92%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.80%Net loans and leases to deposits
55.48%Net loans and leases to core deposits
55.48%Equity capital to assets
10.75%Core capital (leverage) ratio
9.94%Tier 1 risk-based capital ratio
16.68%Total risk-based capital ratio
Memoranda
$18Average assets
$34,377Average earning assets
$3,656Average equity
$31,178Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6761
First State Bank Of Clearbrook
123 Main Street South, Clearbrook, MN 56634
January 01, 1910
Full Service Brick and Mortar
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