FDIC Certificate #: 5175 Status: Active Federal Reserve ID: 1015458 Bank Holding Company (Regulatory Top Holder): Kiester Investments, Inc. (RSSDID: 1121957, Location: Kiester, MN) Date Established: January 01, 1889 WWW:http://www.fsbkiester.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 #: 3466 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: June 01, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 101 N Main Street, Kiester, MN 56051 County: Faribault Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Mankato Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
History of Changes
Change in Location
Corrections
Financial Summary
Total assets: $18.4 mil Equity capital: $1.1 mil Deposits held in domestic offices: $17.3 mil Return on assets (ROA): 0.15% ($0.0 mil) Quarterly return on assets: -0.18% (-$0.0 mil) Return on Equity (ROE): 2.41% ($0.0 mil) Quarterly return on equity: -2.90% (-$0.0 mil) Net income: $0.0 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.15% ($27.7 mil) Quarterly Pretax return on assets: -0.18% (-$33.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$18,449Total assets
$2,860Cash and due from depository institutions
$2,650Interest-bearing balances
$1,796Securities
$1,727Federal funds sold & reverse repurchase agreements
$11,051Net loans & leases
$95Loan loss allowance
$0Trading account assets
$60Bank premises and fixed assets
$236Other real estate owned
$0Goodwill and other intangibles
$18,449Life insurance assets
$719All other assets
$17,353Total liabilities and capital
$17,285Total liabilities
$15,028Total deposits
$17,285Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$68Subordinated debt
$1,096All other liabilities
$1,096Total equity capital
$1,096Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$2,020Surplus
$-1,124Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$288Income earned, not collected on loans
$0Earning assets
$216Long-term assets (5+ years)
$17,224Average Assets, year-to-date
$1,191Average Assets, quarterly
$17,752Volatile liabilities
$18,142Insider loans
$10,194FHLB advances
$18,314Loans and leases held for sale
$439Unused loan commitments
$439Tier 1 (core) risk-based capital
$1,063Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,081Restructured Loans and leases
$138Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$773Total interest income
$138Total interest expense
$635Net interest income
$20Provision for loan and lease losses
$23Total noninterest income
$0Fiduciary activities
$16Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$612Total noninterest expense
$366Salaries and employee benefits
$47Premises and equipment expense
$199Additional noninterest expense
$26Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$26Income before extraordinary items
$0Extraordinary gains - net
$26Net income attributable to bank
$0Net charge-offs
$26Cash dividends
$73Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.73%Yield on earning assets
0.84%Cost of funding earning assets
3.88%Net interest margin
0.14%Noninterest income to earning assets
3.74%Noninterest expense to earning assets
0.15%Net operating income to assets
0.15%Return on assets (ROA)
0.15%Pretax return on assets
2.41%Return on equity (ROE)
2.41%Retained earnings to average equity (YTD only)
0.66%Net charge-offs to loans
27.40%Credit loss provision to net charge-offs
0.63%Efficiency ratio
93,009Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
32.99%Noncurrent assets plus other real estate owned to assets
2.84%Noncurrent loans to loans
2.58%Net loans and leases to deposits
63.93%Net loans and leases to core deposits
63.93%Equity capital to assets
5.94%Core capital (leverage) ratio
5.80%Tier 1 risk-based capital ratio
10.43%Total risk-based capital ratio
Memoranda
$11Average assets
$17,752Average earning assets
$1,081Average equity
$16,346Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3466
First State Bank Of Kiester
101 N Main Street, Kiester, MN 56051
January 01, 1889
Full Service Brick and Mortar
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