FDIC Certificate #: 8950 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Security Bank - West (#10253) Federal Reserve ID: 699150 Date Established: May 16, 1922 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 16135 FDIC's unique #: 5716 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: January 01, 2000 Last Structure Change Process Date: Febuary 09, 2000 Last Data Update: Febuary 09, 2000 Data Source Date: April 05, 2012
Location
Address: 101 South Main, Robinson, ND 58478 County: Kidder Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Fargo Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
Financial Summary
Total assets: $15.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
5Total employees (full-time equivalent)
$15,631Total assets
$440Cash and due from depository institutions
$29Interest-bearing balances
$7,391Securities
$0Federal funds sold & reverse repurchase agreements
$7,130Net loans & leases
$99Loan loss allowance
$0Trading account assets
$426Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$244All other assets
$15,631Total liabilities and capital
$13,830Total liabilities
$12,280Total deposits
$10,985Interest-bearing deposits
$12,280Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,400Other borrowed funds
$0Subordinated debt
$150All other liabilities
$1,801Total equity capital
$1,801Total bank equity capital
$1,801Perpetual preferred stock
$0Common stock
$150Surplus
$1,140Undivided profits
Memoranda
$511Noncurrent loans and leases
$648Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$221Earning assets
$0Long-term assets (5+ years)
$180Average Assets, year-to-date
$14,550Average Assets, quarterly
$5,715Volatile liabilities
$15,812Insider loans
$16,117FHLB advances
$1,714Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$648Total unused commitments
$39Restructured Loans and leases
$99Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$1,054Total interest income
$535Total interest expense
$519Net interest income
$17Provision for loan and lease losses
$17Total noninterest income
$0Fiduciary activities
$12Service charges on deposit accounts
$0Trading account gains & fees
$5Additional noninterest income
$333Total noninterest expense
$158Salaries and employee benefits
$76Premises and equipment expense
$99Additional noninterest expense
$186Pre-tax net operating income
$15Securities gains (losses)
$14Applicable income taxes
$187Income before extraordinary items
$0Extraordinary gains - net
$187Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$100Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.18%Yield on earning assets
3.64%Cost of funding earning assets
3.53%Net interest margin
0.12%Noninterest income to earning assets
2.27%Noninterest expense to earning assets
1.09%Net operating income to assets
1.18%Return on assets (ROA)
1.27%Pretax return on assets
10.05%Return on equity (ROE)
4.68%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
340.00%Credit loss provision to net charge-offs
40.60%Efficiency ratio
62,127Assets per employee
3.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.48%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
44.80%Noncurrent assets plus other real estate owned to assets
1.41%Noncurrent loans to loans
3.06%Net loans and leases to deposits
58.06%Net loans and leases to core deposits
59.59%Equity capital to assets
11.52%Core capital (leverage) ratio
11.90%Tier 1 risk-based capital ratio
19.93%Total risk-based capital ratio
Memoranda
$21Average assets
$15,812Average earning assets
$1,860Average equity
$14,686Average loans
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