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

First State Bank of Swanville in Swanville, Minnesota (MN)
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First State Bank of Swanville routing number info

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First State Bank of Swanville - Overview

General
FDIC Certificate #: 8218
Status: Active
Federal Reserve ID: 833851
Bank Holding Company (Regulatory Top Holder): Swanville Bancshares, Inc. (RSSDID: 1124622, Location: Swanville, MN)
Date Established: May 01, 1907
WWW: http://www.fsbswanville.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5241
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: Commercial Lending 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: 306 Degraff St, Swanville, MN 56382
County: Morrison
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
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $26.3 mil
Equity capital: $3.2 mil
Deposits held in domestic offices: $23.0 mil
Return on assets (ROA): -0.20% (-$0.1 mil)
Quarterly return on assets: -2.74% (-$0.7 mil)
Return on Equity (ROE): -1.65% (-$0.0 mil)
Quarterly return on equity: -22.03% (-$0.7 mil)
Net income: -$0.1 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: -0.20% (-$52.7 mil)
Quarterly Pretax return on assets: -2.74% (-$721.7 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
10Total employees (full-time equivalent)
$26,338Total assets
$3,553Cash and due from depository institutions
$1,689Interest-bearing balances
$2,270Securities
$0Federal funds sold & reverse repurchase agreements
$18,838Net loans & leases
$685Loan loss allowance
$0Trading account assets
$384Bank premises and fixed assets
$585Other real estate owned
$0Goodwill and other intangibles
$26,338Life insurance assets
$708All other assets
$23,117Total liabilities and capital
$23,031Total liabilities
$19,274Total deposits
$23,031Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$26Trading liabilities
$0Other borrowed funds
$60Subordinated debt
$3,221All other liabilities
$3,221Total equity capital
$3,221Total bank equity capital
$0Perpetual preferred stock
$55Common stock
$2,945Surplus
$221Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$987Income earned, not collected on loans
$0Earning assets
$131Long-term assets (5+ years)
$22,797Average Assets, year-to-date
$1,916Average Assets, quarterly
$26,928Volatile liabilities
$26,561Insider loans
$21,311FHLB advances
$26,601Loans and leases held for sale
$421Unused loan commitments
$421Tier 1 (core) risk-based capital
$3,141Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$58Restructured Loans and leases
$135Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,427Total interest income
$232Total interest expense
$1,195Net interest income
$371Provision for loan and lease losses
$300Total noninterest income
$0Fiduciary activities
$122Service charges on deposit accounts
$0Trading account gains & fees
$178Additional noninterest income
$1,193Total noninterest expense
$645Salaries and employee benefits
$160Premises and equipment expense
$388Additional noninterest expense
-$69Pre-tax net operating income
$15Securities gains (losses)
$0Applicable income taxes
-$54Income before extraordinary items
$0Extraordinary gains - net
-$54Net income attributable to bank
$0Net charge-offs
-$54Cash dividends
$150Sale, conversion, retirement of capital stock, net
$8Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.07%Yield on earning assets
0.99%Cost of funding earning assets
5.09%Net interest margin
1.28%Noninterest income to earning assets
5.08%Noninterest expense to earning assets
-0.26%Net operating income to assets
-0.20%Return on assets (ROA)
-0.20%Pretax return on assets
-1.65%Return on equity (ROE)
-1.90%Retained earnings to average equity (YTD only)
0.73%Net charge-offs to loans
247.33%Credit loss provision to net charge-offs
2.01%Efficiency ratio
79,799Assets per employee
2.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
-14.81%Loss allowance to loans
3.51%Loss allowance to noncurrent loans
69.40%Noncurrent assets plus other real estate owned to assets
5.97%Noncurrent loans to loans
5.06%Net loans and leases to deposits
81.79%Net loans and leases to core deposits
104.63%Equity capital to assets
12.23%Core capital (leverage) ratio
11.81%Tier 1 risk-based capital ratio
14.74%Total risk-based capital ratio
Memoranda
$16Average assets
$26,928Average earning assets
$3,270Average equity
$23,491Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	5241	First State Bank Of Swanville	306 Degraff St, Swanville, MN 56382	May 01, 1907	Full Service Brick and Mortar
1	238563	Grey Eagle Branch	Main Street, Grey Eagle, MN 56336	May 06, 1983	Full Service Brick and Mortar

First State Bank of Swanville in Swanville, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Swanville - 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 Swanville in Swanville, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Swanville - 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 Swanville in Swanville, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches