FDIC Certificate #: 10198 Status: Active Federal Reserve ID: 283858 Bank Holding Company (Regulatory Top Holder): Delano State Agency, Inc. (RSSDID: 1125021, Location: Delano, MN) Date Established: January 01, 1908 WWW:http://www.delanobank.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) OTS Docket #: 13708 FDIC's unique #: 6537 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending 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: 1300 Babcock Boulevard East, Delano, MN 55328 County: Wright Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $82.3 mil Equity capital: $4.4 mil Deposits held in domestic offices: $75.8 mil Return on assets (ROA): -1.77% (-$1.5 mil) Quarterly return on assets: -1.44% (-$1.2 mil) Return on Equity (ROE): -28.87% (-$1.2 mil) Quarterly return on equity: -25.36% (-$1.0 mil) Net income: -$1.5 mil Quarterly Net income: -$0.3 mil Pretax return on assets: -1.77% (-$1,457.3 mil) Quarterly Pretax return on assets: -1.44% (-$1,185.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$82,333Total assets
$14,281Cash and due from depository institutions
$4,454Interest-bearing balances
$10,989Securities
$3,000Federal funds sold & reverse repurchase agreements
$43,228Net loans & leases
$1,807Loan loss allowance
$0Trading account assets
$2,678Bank premises and fixed assets
$6,488Other real estate owned
$0Goodwill and other intangibles
$82,333Life insurance assets
$1,669All other assets
$77,896Total liabilities and capital
$75,810Total liabilities
$60,668Total deposits
$75,810Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$1,086Subordinated debt
$4,437All other liabilities
$4,437Total equity capital
$4,437Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$9,200Surplus
$-4,863Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,530Income earned, not collected on loans
$0Earning assets
$316Long-term assets (5+ years)
$61,671Average Assets, year-to-date
$10,954Average Assets, quarterly
$83,378Volatile liabilities
$81,392Insider loans
$56,959FHLB advances
$80,236Loans and leases held for sale
$471Unused loan commitments
$471Tier 1 (core) risk-based capital
$4,194Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,144Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,087Total interest income
$553Total interest expense
$2,534Net interest income
$1,271Provision for loan and lease losses
$385Total noninterest income
$0Fiduciary activities
$417Service charges on deposit accounts
$0Trading account gains & fees
-$32Additional noninterest income
$3,122Total noninterest expense
$1,347Salaries and employee benefits
$365Premises and equipment expense
$1,410Additional noninterest expense
-$1,474Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
-$1,475Income before extraordinary items
$0Extraordinary gains - net
-$1,475Net income attributable to bank
$0Net charge-offs
-$1,475Cash dividends
$1,418Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.78%Yield on earning assets
0.86%Cost of funding earning assets
3.93%Net interest margin
0.60%Noninterest income to earning assets
4.84%Noninterest expense to earning assets
-1.77%Net operating income to assets
-1.77%Return on assets (ROA)
-1.77%Pretax return on assets
-28.87%Return on equity (ROE)
-28.87%Retained earnings to average equity (YTD only)
2.95%Net charge-offs to loans
89.63%Credit loss provision to net charge-offs
-0.14%Efficiency ratio
106,954Assets per employee
3.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.01%Loss allowance to noncurrent loans
51.19%Noncurrent assets plus other real estate owned to assets
12.17%Noncurrent loans to loans
7.84%Net loans and leases to deposits
57.02%Net loans and leases to core deposits
57.25%Equity capital to assets
5.39%Core capital (leverage) ratio
5.23%Tier 1 risk-based capital ratio
7.36%Total risk-based capital ratio
Memoranda
$9Average assets
$83,378Average earning assets
$5,109Average equity
$64,548Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6537
State Bank Of Delano
1300 Babcock Boulevard East, Delano, MN 55328
January 01, 1908
Full Service Brick and Mortar
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