FDIC Certificate #: 1388 Status: Active Federal Reserve ID: 845452 Bank Holding Company (Regulatory Top Holder): Ormsby Bancshares, Inc. (RSSDID: 1124574, Location: Ormsby, MN) Date Established: July 01, 1901 WWW:http://www.ormsbybank.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 #: 911 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: January 01, 1934 Last Structure Change Effective Date: July 16, 2008 Last Structure Change Process Date: July 16, 2008 Last Data Update: July 16, 2008 Data Source Date: April 05, 2012
Location
Address: 513 Main Street, Ormsby, MN 56162 County: Martin Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Mankato Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Fairmont, MN (#21860) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $25.8 mil Equity capital: $3.5 mil Deposits held in domestic offices: $21.8 mil Return on assets (ROA): 1.32% ($0.3 mil) Quarterly return on assets: 0.23% ($0.1 mil) Return on Equity (ROE): 9.77% ($0.3 mil) Quarterly return on equity: 1.72% ($0.1 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.32% ($340.7 mil) Quarterly Pretax return on assets: 0.23% ($59.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$25,812Total assets
$3,358Cash and due from depository institutions
$2,755Interest-bearing balances
$11,815Securities
$0Federal funds sold & reverse repurchase agreements
$10,075Net loans & leases
$224Loan loss allowance
$0Trading account assets
$68Bank premises and fixed assets
$99Other real estate owned
$0Goodwill and other intangibles
$25,812Life insurance assets
$397All other assets
$22,339Total liabilities and capital
$21,762Total liabilities
$18,248Total deposits
$21,762Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$500Trading liabilities
$0Other borrowed funds
$77Subordinated debt
$3,473All other liabilities
$3,473Total equity capital
$3,473Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$1,700Surplus
$1,723Undivided 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
$230Long-term assets (5+ years)
$24,645Average Assets, year-to-date
$5,579Average Assets, quarterly
$25,229Volatile liabilities
$26,176Insider loans
$16,955FHLB advances
$26,772Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,302Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,770Restructured Loans and leases
$402Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,051Total interest income
$253Total interest expense
$798Net interest income
$0Provision for loan and lease losses
-$28Total noninterest income
$0Fiduciary activities
$32Service charges on deposit accounts
$0Trading account gains & fees
-$60Additional noninterest income
$441Total noninterest expense
$245Salaries and employee benefits
$59Premises and equipment expense
$137Additional noninterest expense
$329Pre-tax net operating income
$3Securities gains (losses)
$0Applicable income taxes
$332Income before extraordinary items
$0Extraordinary gains - net
$332Net income attributable to bank
$0Net charge-offs
$332Cash dividends
$8Sale, conversion, retirement of capital stock, net
$238Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.53%Yield on earning assets
1.09%Cost of funding earning assets
3.44%Net interest margin
-0.12%Noninterest income to earning assets
1.90%Noninterest expense to earning assets
1.30%Net operating income to assets
1.32%Return on assets (ROA)
1.32%Pretax return on assets
9.77%Return on equity (ROE)
2.76%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
41.13%Efficiency ratio
57,273Assets per employee
5.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.69%Loss allowance to loans
2.17%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.00%Net loans and leases to deposits
46.30%Net loans and leases to core deposits
47.13%Equity capital to assets
13.45%Core capital (leverage) ratio
12.33%Tier 1 risk-based capital ratio
19.48%Total risk-based capital ratio
Memoranda
$21Average assets
$25,229Average earning assets
$3,400Average equity
$23,214Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
911
Ormsby State Bank
513 Main Street, Ormsby, MN 56162
July 01, 1901
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Ormsby State Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: