FDIC Certificate #: 1409 Status: Active Federal Reserve ID: 58757 Bank Holding Company (Regulatory Top Holder): Kensington Bancorp., Inc. (RSSDID: 2359917, Location: Kensington, MN) Date Established: January 01, 1898 WWW:http://www.fsbkensington.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 #: 931 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 26, 2009 Last Structure Change Process Date: March 27, 2009 Last Data Update: March 27, 2009 Data Source Date: April 05, 2012
Location
Address: 11 North Central Ave., Kensington, MN 56343 County: Douglas Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Fargo Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Alexandria, MN (#10820) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $52.2 mil Equity capital: $5.3 mil Deposits held in domestic offices: $45.7 mil Return on assets (ROA): 0.13% ($0.1 mil) Quarterly return on assets: -0.02% (-$0.0 mil) Return on Equity (ROE): 1.33% ($0.1 mil) Quarterly return on equity: -0.15% (-$0.0 mil) Net income: $0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.13% ($67.9 mil) Quarterly Pretax return on assets: -0.02% (-$10.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$52,240Total assets
$10,958Cash and due from depository institutions
$8,697Interest-bearing balances
$7,271Securities
$900Federal funds sold & reverse repurchase agreements
$31,977Net loans & leases
$601Loan loss allowance
$0Trading account assets
$224Bank premises and fixed assets
$220Other real estate owned
$0Goodwill and other intangibles
$52,240Life insurance assets
$690All other assets
$46,902Total liabilities and capital
$45,693Total liabilities
$38,144Total deposits
$45,693Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$521Trading liabilities
$0Other borrowed funds
$688Subordinated debt
$5,338All other liabilities
$5,338Total equity capital
$5,338Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$4,738Surplus
$550Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$405Income earned, not collected on loans
$0Earning assets
$283Long-term assets (5+ years)
$48,845Average Assets, year-to-date
$4,666Average Assets, quarterly
$52,643Volatile liabilities
$52,393Insider loans
$35,216FHLB advances
$52,705Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,145Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,313Restructured Loans and leases
$1,315Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,370Total interest income
$613Total interest expense
$1,757Net interest income
-$42Provision for loan and lease losses
-$83Total noninterest income
$0Fiduciary activities
$46Service charges on deposit accounts
$0Trading account gains & fees
-$129Additional noninterest income
$1,645Total noninterest expense
$904Salaries and employee benefits
$117Premises and equipment expense
$624Additional noninterest expense
$71Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$71Income before extraordinary items
$0Extraordinary gains - net
$71Net income attributable to bank
$0Net charge-offs
$71Cash dividends
-$62Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.85%Yield on earning assets
1.25%Cost of funding earning assets
3.59%Net interest margin
-0.17%Noninterest income to earning assets
3.36%Noninterest expense to earning assets
0.13%Net operating income to assets
0.13%Return on assets (ROA)
0.13%Pretax return on assets
1.33%Return on equity (ROE)
1.33%Retained earnings to average equity (YTD only)
-0.19%Net charge-offs to loans
67.74%Credit loss provision to net charge-offs
0.00%Efficiency ratio
98,268Assets per employee
3.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
148.40%Noncurrent assets plus other real estate owned to assets
1.32%Noncurrent loans to loans
1.24%Net loans and leases to deposits
69.98%Net loans and leases to core deposits
69.98%Equity capital to assets
10.22%Core capital (leverage) ratio
9.76%Tier 1 risk-based capital ratio
14.61%Total risk-based capital ratio
Memoranda
$16Average assets
$52,643Average earning assets
$5,324Average equity
$48,908Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
931
First State Bank Of Kensington
11 North Central Ave., Kensington, MN 56343
January 01, 1898
Full Service Brick and Mortar
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