FDIC Certificate #: 9128 Status: Active Federal Reserve ID: 813059 Bank Holding Company (Regulatory Top Holder): Hsb Financial Corp. (RSSDID: 2234210, Location: Harwood, ND) Date Established: July 14, 1919 WWW:http://www.harwoodstatebank.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 #: 5843 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 18, 2008 Last Structure Change Process Date: October 27, 2008 Last Data Update: October 27, 2008 Data Source Date: April 05, 2012
Location
Address: 501 Dakota Avenue, Harwood, ND 58042 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
Change in Location
Financial Summary
Total assets: $31.5 mil Equity capital: $2.7 mil Deposits held in domestic offices: $27.9 mil Return on assets (ROA): 0.20% ($0.1 mil) Quarterly return on assets: 0.67% ($0.2 mil) Return on Equity (ROE): 2.39% ($0.1 mil) Quarterly return on equity: 7.93% ($0.2 mil) Net income: $0.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.17% ($53.5 mil) Quarterly Pretax return on assets: 0.52% ($163.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$31,494Total assets
$8,283Cash and due from depository institutions
$5,802Interest-bearing balances
$1,656Securities
$2,550Federal funds sold & reverse repurchase agreements
$17,522Net loans & leases
$240Loan loss allowance
$0Trading account assets
$1,092Bank premises and fixed assets
$41Other real estate owned
$0Goodwill and other intangibles
$31,494Life insurance assets
$350All other assets
$28,794Total liabilities and capital
$27,907Total liabilities
$20,226Total deposits
$27,907Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$790Trading liabilities
$0Other borrowed funds
$97Subordinated debt
$2,700All other liabilities
$2,700Total equity capital
$2,700Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$1,300Surplus
$1,300Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$212Long-term assets (5+ years)
$27,530Average Assets, year-to-date
$4,918Average Assets, quarterly
$31,302Volatile liabilities
$31,513Insider loans
$20,607FHLB advances
$31,170Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,687Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,084Restructured Loans and leases
$169Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,177Total interest income
$221Total interest expense
$956Net interest income
$110Provision for loan and lease losses
$108Total noninterest income
$0Fiduciary activities
$86Service charges on deposit accounts
$0Trading account gains & fees
$22Additional noninterest income
$900Total noninterest expense
$471Salaries and employee benefits
$215Premises and equipment expense
$214Additional noninterest expense
$54Pre-tax net operating income
$0Securities gains (losses)
-$9Applicable income taxes
$63Income before extraordinary items
$0Extraordinary gains - net
$63Net income attributable to bank
$0Net charge-offs
$63Cash dividends
$16Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.20%Yield on earning assets
0.79%Cost of funding earning assets
3.41%Net interest margin
0.39%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.20%Net operating income to assets
0.20%Return on assets (ROA)
0.17%Pretax return on assets
2.39%Return on equity (ROE)
2.39%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
687.50%Credit loss provision to net charge-offs
10.25%Efficiency ratio
84,586Assets per employee
5.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.00%Net loans and leases to deposits
62.79%Net loans and leases to core deposits
62.79%Equity capital to assets
8.57%Core capital (leverage) ratio
8.62%Tier 1 risk-based capital ratio
13.04%Total risk-based capital ratio
Memoranda
$14Average assets
$31,302Average earning assets
$2,639Average equity
$28,030Average loans
List of branches
1 North Dakota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5843
Harwood State Bank
501 Dakota Avenue, Harwood, ND 58042
July 14, 1919
Full Service Brick and Mortar
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