FDIC Certificate #: 8831 Status: Active Federal Reserve ID: 769156 Bank Holding Company (Regulatory Top Holder): Dubois Bankshares, Inc. (RSSDID: 1124042, Location: Sauk Centre, MN) Date Established: September 01, 1880 WWW:http://www.firststatebanksc.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 #: 5626 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion 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: 423 Main Street, Sauk Centre, MN 56378 County: Stearns Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Cloud, MN (#6980) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): St. Cloud, MN (#41060) CBSA Metro Statistical Area: St. Cloud, MN (#41060)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $103.3 mil Equity capital: $14.3 mil Deposits held in domestic offices: $88.8 mil Return on assets (ROA): 0.99% ($1.0 mil) Quarterly return on assets: 0.86% ($0.9 mil) Return on Equity (ROE): 7.34% ($1.0 mil) Quarterly return on equity: 6.23% ($0.9 mil) Net income: $1.0 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.99% ($1,023.0 mil) Quarterly Pretax return on assets: 0.86% ($888.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
20Total employees (full-time equivalent)
$103,336Total assets
$13,551Cash and due from depository institutions
$10,836Interest-bearing balances
$42,101Securities
$0Federal funds sold & reverse repurchase agreements
$44,625Net loans & leases
$849Loan loss allowance
$0Trading account assets
$812Bank premises and fixed assets
$1,110Other real estate owned
$0Goodwill and other intangibles
$103,336Life insurance assets
$1,137All other assets
$89,040Total liabilities and capital
$88,811Total liabilities
$80,570Total deposits
$88,811Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$229Subordinated debt
$14,296All other liabilities
$14,296Total equity capital
$14,296Total bank equity capital
$0Perpetual preferred stock
$250Common stock
$7,500Surplus
$6,546Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,282Income earned, not collected on loans
$0Earning assets
$558Long-term assets (5+ years)
$97,562Average Assets, year-to-date
$31,095Average Assets, quarterly
$100,841Volatile liabilities
$103,465Insider loans
$52,220FHLB advances
$107,967Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,642Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,342Restructured Loans and leases
$84Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,029Total interest income
$870Total interest expense
$3,159Net interest income
$240Provision for loan and lease losses
$278Total noninterest income
$0Fiduciary activities
$194Service charges on deposit accounts
$0Trading account gains & fees
$84Additional noninterest income
$2,197Total noninterest expense
$1,378Salaries and employee benefits
$240Premises and equipment expense
$579Additional noninterest expense
$1,000Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,000Income before extraordinary items
$0Extraordinary gains - net
$1,000Net income attributable to bank
$0Net charge-offs
$1,000Cash dividends
$12Sale, conversion, retirement of capital stock, net
$749Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.22%Yield on earning assets
0.91%Cost of funding earning assets
3.31%Net interest margin
0.29%Noninterest income to earning assets
2.30%Noninterest expense to earning assets
0.99%Net operating income to assets
0.99%Return on assets (ROA)
0.99%Pretax return on assets
7.34%Return on equity (ROE)
1.84%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
2000.00%Credit loss provision to net charge-offs
103.33%Efficiency ratio
63,922Assets per employee
5.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.90%Loss allowance to loans
1.87%Loss allowance to noncurrent loans
66.22%Noncurrent assets plus other real estate owned to assets
2.31%Noncurrent loans to loans
2.82%Net loans and leases to deposits
50.25%Net loans and leases to core deposits
53.02%Equity capital to assets
13.83%Core capital (leverage) ratio
11.71%Tier 1 risk-based capital ratio
24.21%Total risk-based capital ratio
Memoranda
$25Average assets
$100,841Average earning assets
$13,626Average equity
$95,374Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5626
First State Bank Of Sauk Centre
423 Main Street, Sauk Centre, MN 56378
September 01, 1880
Full Service Brick and Mortar
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