First State Bank of North Dakota in city_name, state_name - Detailed Financial Reports, Location

First State Bank of North Dakota in Arthur, North Dakota (ND)
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First State Bank of North Dakota routing number info

First State Bank of North Dakota - Overview

General
FDIC Certificate #: 8387
Status: Active
Federal Reserve ID: 721350
Bank Holding Company (Regulatory Top Holder): First Financial Corporation (RSSDID: 1128040, Location: Arthur, ND)
Date Established: January 01, 1905
WWW: http://www.fsbnd.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: No)
OTS Docket #: 15880
FDIC's unique #: 5343
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: December 04, 2010
Last Structure Change Process Date: Febuary 01, 2011
Last Data Update: Febuary 01, 2011
Data Source Date: April 05, 2012
Location
Address: 340 Main Street, Arthur, ND 58006
County: Cass
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
Metropolitan Statistical Area (MSA): Fargo-Moorhead, ND-MN (#2520)
Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
History of Changes
Office Purchased
Financial Summary
Total assets: $283.6 mil
Equity capital: $30.5 mil
Deposits held in domestic offices: $247.0 mil
Return on assets (ROA): 1.45% ($4.1 mil)
Quarterly return on assets: 1.74% ($4.9 mil)
Return on Equity (ROE): 13.44% ($4.2 mil)
Quarterly return on equity: 15.98% ($5.0 mil)
Net income: $4.1 mil
Quarterly Net income: $1.2 mil
Pretax return on assets: 1.54% ($4,367.5 mil)
Quarterly Pretax return on assets: 1.83% ($5,190.0 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
80Total employees (full-time equivalent)
$283,605Total assets
$14,976Cash and due from depository institutions
$104Interest-bearing balances
$17,072Securities
$0Federal funds sold & reverse repurchase agreements
$233,730Net loans & leases
$2,456Loan loss allowance
$0Trading account assets
$4,433Bank premises and fixed assets
$0Other real estate owned
$5,741Goodwill and other intangibles
$283,605Life insurance assets
$7,653All other assets
$253,064Total liabilities and capital
$247,023Total liabilities
$191,090Total deposits
$247,023Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$1,041Subordinated debt
$30,541All other liabilities
$30,541Total equity capital
$30,541Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$17,919Surplus
$12,522Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,092Income earned, not collected on loans
$0Earning assets
$5,089Long-term assets (5+ years)
$250,906Average Assets, year-to-date
$11,996Average Assets, quarterly
$278,645Volatile liabilities
$283,394Insider loans
$251,038FHLB advances
$270,926Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$24,642Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$63,028Restructured Loans and leases
$331Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$14,640Total interest income
$1,768Total interest expense
$12,872Net interest income
$900Provision for loan and lease losses
$777Total noninterest income
$0Fiduciary activities
$436Service charges on deposit accounts
$0Trading account gains & fees
$341Additional noninterest income
$8,444Total noninterest expense
$5,659Salaries and employee benefits
$1,024Premises and equipment expense
$1,761Additional noninterest expense
$4,305Pre-tax net operating income
$0Securities gains (losses)
$252Applicable income taxes
$4,053Income before extraordinary items
$0Extraordinary gains - net
$4,053Net income attributable to bank
$0Net charge-offs
$4,053Cash dividends
$480Sale, conversion, retirement of capital stock, net
$2,435Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
0.70%Cost of funding earning assets
5.09%Net interest margin
0.31%Noninterest income to earning assets
3.34%Noninterest expense to earning assets
1.45%Net operating income to assets
1.45%Return on assets (ROA)
1.54%Pretax return on assets
13.44%Return on equity (ROE)
5.37%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
187.50%Credit loss provision to net charge-offs
10.84%Efficiency ratio
60,964Assets per employee
3.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.08%Loss allowance to loans
1.04%Loss allowance to noncurrent loans
79.43%Noncurrent assets plus other real estate owned to assets
1.09%Noncurrent loans to loans
1.31%Net loans and leases to deposits
94.62%Net loans and leases to core deposits
96.72%Equity capital to assets
10.77%Core capital (leverage) ratio
9.10%Tier 1 risk-based capital ratio
9.82%Total risk-based capital ratio
Memoranda
$11Average assets
$278,645Average earning assets
$30,150Average equity
$252,695Average loans

List of branches

10 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	5343	First State Bank Of North Dakota	340 Main Street, Arthur, ND 58006	January 01, 1905	Full Service Brick and Mortar
1	10147	Buffalo Branch	2 Main Street, Buffalo, ND 58011	January 01, 1885	Full Service Brick and Mortar
2	266323	Casselton Branch	41 Langer Avenue South, Casselton, ND 58012	January 01, 1880	Full Service Brick and Mortar
3	8423	Lamoure Branch	100 First Avenue, S.W., La Moure, ND 58458	July 30, 1931	Full Service Brick and Mortar
4	5837	Marion Branch	204 4th Main Avenue, Marion, ND 58466	January 01, 1928	Full Service Brick and Mortar
6	229490	Oakes Branch	620 Main Avenue, Oakes, ND 58474	June 30, 1997	Full Service Brick and Mortar
7	229308	Fort Ransom Branch	105 East Main Street, Fort Ransom, ND 58033	June 26, 1995	Full Service Brick and Mortar
8	462485	Lisbon Branch	502 Main Street, Lisbon, ND 58054	April 09, 2007	Full Service Brick and Mortar
9	488167	Enderlin Branch	318 Railway Street, Enderlin, ND 58027	Febuary 16, 2009	Full Service Brick and Mortar
10	229307	Sheldon Branch	118 Fowler Street, Sheldon, ND 58068	March 15, 1993	Full Service Brick and Mortar

First State Bank of North Dakota in Arthur, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of North Dakota - 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 State Bank of North Dakota in Arthur, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of North Dakota - 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 State Bank of North Dakota in Arthur, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches