FDIC Certificate #: 1903 Status: Active Federal Reserve ID: 854753 Bank Holding Company (Regulatory Top Holder): Saint Clair Agency, Inc. (RSSDID: 1128723, Location: Saint Clair, MN) Date Established: July 17, 1907 WWW:http://www.stclairstatebank.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 #: 1268 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 100 Main St. West, Saint Clair, MN 56080 County: Blue Earth 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): Mankato-North Mankato, MN (#31860) CBSA Metro Statistical Area: Mankato-North Mankato, MN (#31860)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $73.0 mil Equity capital: $8.7 mil Deposits held in domestic offices: $62.2 mil Return on assets (ROA): 0.89% ($0.6 mil) Quarterly return on assets: -1.20% (-$0.9 mil) Return on Equity (ROE): 7.29% ($0.7 mil) Quarterly return on equity: -9.74% (-$0.9 mil) Net income: $0.6 mil Quarterly Net income: -$0.2 mil Pretax return on assets: 1.44% ($1,050.7 mil) Quarterly Pretax return on assets: -0.52% (-$379.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$72,967Total assets
$22,186Cash and due from depository institutions
$21,157Interest-bearing balances
$275Securities
$0Federal funds sold & reverse repurchase agreements
$49,855Net loans & leases
$743Loan loss allowance
$0Trading account assets
$10Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$72,967Life insurance assets
$641All other assets
$64,242Total liabilities and capital
$62,231Total liabilities
$55,889Total deposits
$62,231Interest-bearing deposits
$99Deposits held in domestic offices
1650.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$361Subordinated debt
$8,725All other liabilities
$8,725Total equity capital
$8,725Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$3,200Surplus
$5,475Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$108Income earned, not collected on loans
$0Earning assets
$542Long-term assets (5+ years)
$71,287Average Assets, year-to-date
$4,077Average Assets, quarterly
$70,348Volatile liabilities
$71,717Insider loans
$52,389FHLB advances
$71,501Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,725Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$12,924Restructured Loans and leases
$186Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,252Total interest income
$927Total interest expense
$2,325Net interest income
$110Provision for loan and lease losses
$177Total noninterest income
$0Fiduciary activities
$127Service charges on deposit accounts
$0Trading account gains & fees
$50Additional noninterest income
$1,379Total noninterest expense
$930Salaries and employee benefits
$166Premises and equipment expense
$283Additional noninterest expense
$1,013Pre-tax net operating income
$0Securities gains (losses)
$385Applicable income taxes
$628Income before extraordinary items
$0Extraordinary gains - net
$628Net income attributable to bank
$0Net charge-offs
$628Cash dividends
$14Sale, conversion, retirement of capital stock, net
$250Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.74%Yield on earning assets
1.35%Cost of funding earning assets
3.39%Net interest margin
0.26%Noninterest income to earning assets
2.01%Noninterest expense to earning assets
0.89%Net operating income to assets
0.89%Return on assets (ROA)
1.44%Pretax return on assets
7.29%Return on equity (ROE)
4.39%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
785.71%Credit loss provision to net charge-offs
80.21%Efficiency ratio
55,116Assets per employee
7.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.81%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
687.96%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.21%Net loans and leases to deposits
80.11%Net loans and leases to core deposits
83.06%Equity capital to assets
11.96%Core capital (leverage) ratio
12.20%Tier 1 risk-based capital ratio
16.65%Total risk-based capital ratio
Memoranda
$18Average assets
$70,348Average earning assets
$8,609Average equity
$68,586Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1268
St. Clair State Bank (Incorporated)
100 Main St. West, Saint Clair, MN 56080
July 17, 1907
Full Service Brick and Mortar
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