FDIC Certificate #: 17096 Status: Active Federal Reserve ID: 883351 Bank Holding Company (Regulatory Top Holder): Liberty Bancorporation, Inc. (RSSDID: 1126569, Location: Powers Lake, ND) Date Established: April 17, 1952 WWW:http://www.libertystateplnd.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) OTS Docket #: 15708 FDIC's unique #: 11145 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: April 17, 1952 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: 111 Main Ave, Powers Lake, ND 58773 County: Burke Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Forks 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: $56.7 mil Equity capital: $5.3 mil Deposits held in domestic offices: $49.3 mil Return on assets (ROA): 2.17% ($1.2 mil) Quarterly return on assets: 2.08% ($1.2 mil) Return on Equity (ROE): 24.37% ($1.2 mil) Quarterly return on equity: 23.15% ($1.2 mil) Net income: $1.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 2.33% ($1,322.2 mil) Quarterly Pretax return on assets: 2.20% ($1,248.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$56,746Total assets
$1,540Cash and due from depository institutions
$313Interest-bearing balances
$23,189Securities
$0Federal funds sold & reverse repurchase agreements
$30,746Net loans & leases
$360Loan loss allowance
$0Trading account assets
$52Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$56,746Life insurance assets
$1,219All other assets
$51,459Total liabilities and capital
$49,294Total liabilities
$36,329Total deposits
$49,294Interest-bearing deposits
$90Deposits held in domestic offices
550.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,100Trading liabilities
$0Other borrowed funds
$515Subordinated debt
$5,287All other liabilities
$5,287Total equity capital
$5,287Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,400Surplus
$3,687Undivided 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
$582Long-term assets (5+ years)
$54,248Average Assets, year-to-date
$16,282Average Assets, quarterly
$52,528Volatile liabilities
$57,070Insider loans
$35,333FHLB advances
$58,133Loans and leases held for sale
$406Unused loan commitments
$406Tier 1 (core) risk-based capital
$4,689Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,912Restructured Loans and leases
$300Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,381Total interest income
$357Total interest expense
$2,024Net interest income
$3Provision for loan and lease losses
$127Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$85Additional noninterest income
$926Total noninterest expense
$577Salaries and employee benefits
$60Premises and equipment expense
$289Additional noninterest expense
$1,222Pre-tax net operating income
$1Securities gains (losses)
$81Applicable income taxes
$1,142Income before extraordinary items
$0Extraordinary gains - net
$1,142Net income attributable to bank
$0Net charge-offs
$1,142Cash dividends
$3Sale, conversion, retirement of capital stock, net
$535Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.75%Yield on earning assets
0.71%Cost of funding earning assets
4.04%Net interest margin
0.25%Noninterest income to earning assets
1.85%Noninterest expense to earning assets
2.17%Net operating income to assets
2.17%Return on assets (ROA)
2.33%Pretax return on assets
24.37%Return on equity (ROE)
12.95%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
408.33%Efficiency ratio
43,050Assets per employee
5.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.85%Loss allowance to loans
1.16%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
62.37%Net loans and leases to core deposits
63.28%Equity capital to assets
9.32%Core capital (leverage) ratio
8.07%Tier 1 risk-based capital ratio
13.27%Total risk-based capital ratio
Memoranda
$14Average assets
$52,528Average earning assets
$4,686Average equity
$50,129Average loans
List of branches
1 North Dakota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11145
Liberty State Bank
111 Main Ave, Powers Lake, ND 58773
April 17, 1952
Full Service Brick and Mortar
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