FDIC Certificate #: 16477 Status: Active Federal Reserve ID: 678258 Bank Holding Company (Regulatory Top Holder): Lakota Bank Holding Company, Inc. (RSSDID: 1124994, Location: Lakota, ND) Date Established: January 01, 1900 WWW:http://www.statebankoflakota.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 10640 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: September 16, 1946 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: 125 Main Street, Lakota, ND 58344 County: Nelson 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
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $53.6 mil Equity capital: $4.4 mil Deposits held in domestic offices: $49.1 mil Return on assets (ROA): 0.87% ($0.5 mil) Quarterly return on assets: 0.41% ($0.2 mil) Return on Equity (ROE): 8.92% ($0.4 mil) Quarterly return on equity: 4.55% ($0.2 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.94% ($503.4 mil) Quarterly Pretax return on assets: 0.49% ($262.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$53,556Total assets
$4,681Cash and due from depository institutions
$0Interest-bearing balances
$16,304Securities
$10,000Federal funds sold & reverse repurchase agreements
$21,555Net loans & leases
$115Loan loss allowance
$0Trading account assets
$473Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$53,556Life insurance assets
$543All other assets
$49,158Total liabilities and capital
$49,067Total liabilities
$36,764Total deposits
$49,067Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$91Subordinated debt
$4,398All other liabilities
$4,398Total equity capital
$4,398Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,900Surplus
$1,398Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$77Income earned, not collected on loans
$0Earning assets
$453Long-term assets (5+ years)
$47,859Average Assets, year-to-date
$11,800Average Assets, quarterly
$45,687Volatile liabilities
$49,996Insider loans
$26,334FHLB advances
$53,788Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,254Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,430Restructured Loans and leases
$149Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,724Total interest income
$261Total interest expense
$1,463Net interest income
$45Provision for loan and lease losses
$78Total noninterest income
$12Fiduciary activities
$30Service charges on deposit accounts
$0Trading account gains & fees
$36Additional noninterest income
$1,036Total noninterest expense
$622Salaries and employee benefits
$136Premises and equipment expense
$278Additional noninterest expense
$460Pre-tax net operating income
-$29Securities gains (losses)
$35Applicable income taxes
$396Income before extraordinary items
$0Extraordinary gains - net
$396Net income attributable to bank
$0Net charge-offs
$396Cash dividends
$34Sale, conversion, retirement of capital stock, net
$340Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.06%Yield on earning assets
0.62%Cost of funding earning assets
3.45%Net interest margin
0.18%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
0.93%Net operating income to assets
0.87%Return on assets (ROA)
0.94%Pretax return on assets
8.92%Return on equity (ROE)
1.26%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
132.35%Credit loss provision to net charge-offs
14.85%Efficiency ratio
67,229Assets per employee
5.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.86%Loss allowance to loans
0.53%Loss allowance to noncurrent loans
149.35%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.36%Net loans and leases to deposits
43.93%Net loans and leases to core deposits
44.79%Equity capital to assets
8.21%Core capital (leverage) ratio
7.91%Tier 1 risk-based capital ratio
16.15%Total risk-based capital ratio
Memoranda
$17Average assets
$45,687Average earning assets
$4,438Average equity
$42,439Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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