FDIC Certificate #: 11972 Status: Active Federal Reserve ID: 1000557 Bank Holding Company (Regulatory Top Holder): Gibbon Bancshares, Inc. (RSSDID: 1124864, Location: Gibbon, MN) Date Established: January 01, 1904 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 #: 7641 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: Yes 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: 1049 1st Avenue, Gibbon, MN 55335 County: Sibley 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $25.5 mil Equity capital: $2.3 mil Deposits held in domestic offices: $22.3 mil Return on assets (ROA): 1.24% ($0.3 mil) Quarterly return on assets: 0.76% ($0.2 mil) Return on Equity (ROE): 13.73% ($0.3 mil) Quarterly return on equity: 8.30% ($0.2 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.24% ($315.8 mil) Quarterly Pretax return on assets: 0.76% ($193.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$25,468Total assets
$6,470Cash and due from depository institutions
$4,586Interest-bearing balances
$1,718Securities
$0Federal funds sold & reverse repurchase agreements
$16,656Net loans & leases
$130Loan loss allowance
$0Trading account assets
$47Bank premises and fixed assets
$51Other real estate owned
$34Goodwill and other intangibles
$25,468Life insurance assets
$492All other assets
$23,183Total liabilities and capital
$22,254Total liabilities
$17,521Total deposits
$22,254Interest-bearing deposits
$92Deposits held in domestic offices
900.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$29Subordinated debt
$2,285All other liabilities
$2,285Total equity capital
$2,285Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$1,225Surplus
$985Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$20Income earned, not collected on loans
$0Earning assets
$351Long-term assets (5+ years)
$22,960Average Assets, year-to-date
$49Average Assets, quarterly
$24,437Volatile liabilities
$24,662Insider loans
$18,399FHLB advances
$24,081Loans and leases held for sale
$42Unused loan commitments
$42Tier 1 (core) risk-based capital
$2,225Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,598Restructured Loans and leases
$24Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,024Total interest income
$186Total interest expense
$838Net interest income
$0Provision for loan and lease losses
$93Total noninterest income
$0Fiduciary activities
$33Service charges on deposit accounts
$0Trading account gains & fees
$60Additional noninterest income
$631Total noninterest expense
$449Salaries and employee benefits
$71Premises and equipment expense
$111Additional noninterest expense
$300Pre-tax net operating income
$3Securities gains (losses)
$0Applicable income taxes
$303Income before extraordinary items
$0Extraordinary gains - net
$303Net income attributable to bank
$0Net charge-offs
$303Cash dividends
$0Sale, conversion, retirement of capital stock, net
$198Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.56%Yield on earning assets
0.83%Cost of funding earning assets
3.73%Net interest margin
0.41%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
1.23%Net operating income to assets
1.24%Return on assets (ROA)
1.24%Pretax return on assets
13.73%Return on equity (ROE)
4.76%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,777Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.35%Loss allowance to loans
0.77%Loss allowance to noncurrent loans
650.00%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.12%Net loans and leases to deposits
74.84%Net loans and leases to core deposits
76.07%Equity capital to assets
8.97%Core capital (leverage) ratio
9.24%Tier 1 risk-based capital ratio
12.09%Total risk-based capital ratio
Memoranda
$13Average assets
$24,437Average earning assets
$2,208Average equity
$22,439Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7641
State Bank Of Gibbon
1049 1st Avenue, Gibbon, MN 55335
January 01, 1904
Full Service Brick and Mortar
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