Liberty Savings Bank fsb in Saint Cloud, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Liberty Savings Bank fsb in Saint Cloud, Minnesota (MN)
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Liberty Savings Bank fsb - Overview

  • General
  • FDIC Certificate #: 26891
    Status: Active
    Federal Reserve ID: 1387203
    Date Established: January 01, 1987
    WWW: http://www.libertysavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11882
    FDIC's unique #: 36213
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1987
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 7th Ave S Ste 101, Saint Cloud, MN 56301
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $163.7 mil
    Equity capital: $19.2 mil
    Deposits held in domestic offices: $139.1 mil
    Return on assets (ROA): 1.88% ($3.1 mil)
    Quarterly return on assets: 2.15% ($3.5 mil)
    Return on Equity (ROE): 16.14% ($3.1 mil)
    Quarterly return on equity: 18.45% ($3.5 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.88% ($3,078.3 mil)
    Quarterly Pretax return on assets: 2.15% ($3,520.5 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
  • 44Total employees (full-time equivalent)
  • $163,742Total assets
  • $25,223Cash and due from depository institutions
  • $15,296Interest-bearing balances
  • $13,858Securities
  • $9,950Federal funds sold & reverse repurchase agreements
  • $100,536Net loans & leases
  • $1,825Loan loss allowance
  • $0Trading account assets
  • $2,944Bank premises and fixed assets
  • $0Other real estate owned
  • $8,825Goodwill and other intangibles
  • $163,742Life insurance assets
  • $2,406All other assets
  • $144,496Total liabilities and capital
  • $139,084Total liabilities
  • $119,926Total deposits
  • $139,084Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $412Subordinated debt
  • $19,246All other liabilities
  • $19,246Total equity capital
  • $19,246Total bank equity capital
  • $0Perpetual preferred stock
  • $280Common stock
  • $1,339Surplus
  • $17,627Undivided 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
  • $1,149Long-term assets (5+ years)
  • $139,640Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $160,645Volatile liabilities
  • $164,110Insider loans
  • $100,456FHLB advances
  • $162,504Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,008Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $43,793Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,140Total interest income
  • $1,225Total interest expense
  • $4,915Net interest income
  • -$100Provision for loan and lease losses
  • $4,361Total noninterest income
  • $0Fiduciary activities
  • $333Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,028Additional noninterest income
  • $6,352Total noninterest expense
  • $2,896Salaries and employee benefits
  • $1,699Premises and equipment expense
  • $1,757Additional noninterest expense
  • $3,024Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $3,019Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,019Net income attributable to bank
  • $0Net charge-offs
  • $3,019Cash dividends
  • $33Sale, conversion, retirement of capital stock, net
  • $2,332Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.50%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 3.60%Net interest margin
  • 3.19%Noninterest income to earning assets
  • 4.65%Noninterest expense to earning assets
  • 1.88%Net operating income to assets
  • 1.88%Return on assets (ROA)
  • 1.88%Pretax return on assets
  • 16.14%Return on equity (ROE)
  • 3.67%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • -303.03%Credit loss provision to net charge-offs
  • 88.61%Efficiency ratio
  • 68,478Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 77.24%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 72.28%Net loans and leases to core deposits
  • 72.28%Equity capital to assets
  • 11.75%Core capital (leverage) ratio
  • 11.08%Tier 1 risk-based capital ratio
  • 17.93%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $160,645Average earning assets
  • $18,709Average equity
  • $136,521Average loans

List of branches

  • 5 Minnesota Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    036213Liberty Savings Bank Fsb111 7th Ave S Ste 101, Saint Cloud, MN 56301January 01, 1987Full Service Brick and Mortar
    2260452Monticello Branch1560 Hart Boulevard, Monticello, MN 55362June 05, 1989Full Service Brick and Mortar
    4260454West Branch5803 Ridgewood Road, St Cloud, MN 56303March 01, 1997Full Service Brick and Mortar
    6491854St Cloud Branch3299 Roosevelt Road, Saint Cloud, MN 56301April 07, 2008Full Service Brick and Mortar
    7496091Waite Park Branch818 2nd Street South, Suite 120, Waite Park, MN 56387December 01, 2003Full Service Brick and Mortar

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