Peoples State Bank of Warren in Warren, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 1996

Peoples State Bank of Warren in Warren, Minnesota (MN)
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Peoples State Bank of Warren - Overview

General
FDIC Certificate #: 9774
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Bank of the Red River Valley (#19180)
Federal Reserve ID: 211459
Date Established: May 17, 1926
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6258
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 15, 1996
Last Structure Change Process Date: August 26, 1996
Last Data Update: August 26, 1996
Data Source Date: April 05, 2012
Location
Address: 524-528 North First Street, Warren, MN 56762
County: Marshall
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: $33.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$31,462Cash and due from depository institutions
$1,616Interest-bearing balances
$368Securities
$9,476Federal funds sold & reverse repurchase agreements
$1,595Net loans & leases
$16,824Loan loss allowance
$252Trading account assets
$0Bank premises and fixed assets
$399Other real estate owned
$142Goodwill and other intangibles
$529Life insurance assets
$881All other assets
$0Total liabilities and capital
$31,462Total liabilities
$27,335Total deposits
$26,846Interest-bearing deposits
$23,854Deposits held in domestic offices
26846.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$489Total equity capital
$489Total bank equity capital
$4,127Perpetual preferred stock
$0Common stock
$100Surplus
$3,412Undivided profits
Memoranda
$615Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$402Income earned, not collected on loans
$411Earning assets
$28,263Long-term assets (5+ years)
$3,250Average Assets, year-to-date
$29,975Average Assets, quarterly
$30,548Volatile liabilities
$2,473Insider loans
$35FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,919Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,211Total risk weighted assets
$19,791Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,167Total interest expense
$969Net interest income
$1,198Provision for loan and lease losses
$46Total noninterest income
$185Fiduciary activities
$0Service charges on deposit accounts
$101Trading account gains & fees
$0Additional noninterest income
$84Total noninterest expense
$836Salaries and employee benefits
$424Premises and equipment expense
$83Additional noninterest expense
$329Pre-tax net operating income
$501Securities gains (losses)
-$37Applicable income taxes
$157Income before extraordinary items
$307Extraordinary gains - net
$0Net income attributable to bank
$307Net charge-offs
$62Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.15%Cost of funding earning assets
3.64%Net interest margin
4.51%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
3.14%Net operating income to assets
1.11%Return on assets (ROA)
1.02%Pretax return on assets
1.55%Return on equity (ROE)
7.88%Retained earnings to average equity (YTD only)
7.88%Net charge-offs to loans
0.37%Credit loss provision to net charge-offs
74.19%Efficiency ratio
55,531Assets per employee
2.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.48%Loss allowance to noncurrent loans
62.69%Noncurrent assets plus other real estate owned to assets
2.03%Noncurrent loans to loans
2.35%Net loans and leases to deposits
62.67%Net loans and leases to core deposits
69.03%Equity capital to assets
13.12%Core capital (leverage) ratio
10.63%Tier 1 risk-based capital ratio
16.22%Total risk-based capital ratio
Memoranda
$17Average assets
$29,975Average earning assets
$3,896Average equity
$26,587Average loans

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