Peoples Bank and Trust in Parshall, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 2008

Peoples Bank and Trust in Parshall, North Dakota (ND)
Show street view No street view available for this location

Peoples Bank and Trust - Overview

General
FDIC Certificate #: 8382
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Lakeside State Bank (#17165)
Federal Reserve ID: 949752
Date Established: April 13, 1914
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 5339
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 01, 2008
Last Structure Change Process Date: March 11, 2008
Last Data Update: March 11, 2008
Data Source Date: April 05, 2012
Location
Address: Main Street, Parshall, ND 58770
County: Mountrail
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
Financial Summary
Total assets: $54.8 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, 2007)

Dollar figures in thousands
10Total employees (full-time equivalent)
$54,805Total assets
$6,166Cash and due from depository institutions
$2,856Interest-bearing balances
$7,554Securities
$12,500Federal funds sold & reverse repurchase agreements
$27,338Net loans & leases
$400Loan loss allowance
$0Trading account assets
$184Bank premises and fixed assets
$0Other real estate owned
$39Goodwill and other intangibles
$0Life insurance assets
$1,024All other assets
$54,805Total liabilities and capital
$48,031Total liabilities
$45,435Total deposits
$37,735Interest-bearing deposits
$45,435Deposits held in domestic offices
0.00%% insured (estimated)
$2,250Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$346All other liabilities
$6,774Total equity capital
$6,774Total bank equity capital
$6,774Perpetual preferred stock
$0Common stock
$100Surplus
$3,500Undivided profits
Memoranda
$3,174Noncurrent loans and leases
$10,861Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2Earning assets
$0Long-term assets (5+ years)
$894Average Assets, year-to-date
$50,248Average Assets, quarterly
$1,298Volatile liabilities
$47,214Insider loans
$50,673FHLB advances
$7,942Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,861Total unused commitments
$0Restructured Loans and leases
$400Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$2,907Total interest income
$1,036Total interest expense
$1,871Net interest income
-$5Provision for loan and lease losses
$121Total noninterest income
$0Fiduciary activities
$68Service charges on deposit accounts
$0Trading account gains & fees
$53Additional noninterest income
$1,087Total noninterest expense
$799Salaries and employee benefits
$140Premises and equipment expense
$148Additional noninterest expense
$910Pre-tax net operating income
$0Securities gains (losses)
$60Applicable income taxes
$850Income before extraordinary items
$0Extraordinary gains - net
$850Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$2Sale, conversion, retirement of capital stock, net
$496Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.73%Yield on earning assets
2.40%Cost of funding earning assets
4.33%Net interest margin
0.28%Noninterest income to earning assets
2.52%Noninterest expense to earning assets
1.80%Net operating income to assets
1.80%Return on assets (ROA)
1.93%Pretax return on assets
12.73%Return on equity (ROE)
5.30%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
250.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
54,568Assets per employee
5.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.35%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
20000.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.01%Net loans and leases to deposits
60.17%Net loans and leases to core deposits
68.79%Equity capital to assets
12.36%Core capital (leverage) ratio
13.26%Tier 1 risk-based capital ratio
16.75%Total risk-based capital ratio
Memoranda
$18Average assets
$47,214Average earning assets
$6,675Average equity
$43,167Average loans

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 Peoples Bank and Trust.
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.