FDIC Certificate #: 8190 Status: Active Federal Reserve ID: 916259 Bank Holding Company (Regulatory Top Holder): Lismore Financial Services, Inc. (RSSDID: 1129186, Location: Lismore, MN) Date Established: January 01, 1900 WWW:http://www.statebankoflismore.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 #: 5216 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: 190 South 3rd Avenue, Lismore, MN 56155 County: Nobles Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux Falls Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Worthington, MN (#49380) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $41.0 mil Equity capital: $4.3 mil Deposits held in domestic offices: $33.4 mil Return on assets (ROA): 1.32% ($0.5 mil) Quarterly return on assets: 0.77% ($0.3 mil) Return on Equity (ROE): 12.65% ($0.5 mil) Quarterly return on equity: 7.39% ($0.3 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.32% ($541.8 mil) Quarterly Pretax return on assets: 0.77% ($316.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$41,048Total assets
$2,957Cash and due from depository institutions
$271Interest-bearing balances
$450Securities
$2,728Federal funds sold & reverse repurchase agreements
$32,024Net loans & leases
$293Loan loss allowance
$0Trading account assets
$399Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$41,048Life insurance assets
$2,490All other assets
$36,731Total liabilities and capital
$33,383Total liabilities
$24,722Total deposits
$33,383Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,500Trading liabilities
$0Other borrowed funds
$848Subordinated debt
$4,317All other liabilities
$4,317Total equity capital
$4,317Total bank equity capital
$0Perpetual preferred stock
$25Common stock
$3,475Surplus
$817Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$289Income earned, not collected on loans
$0Earning assets
$570Long-term assets (5+ years)
$35,473Average Assets, year-to-date
$1,400Average Assets, quarterly
$39,960Volatile liabilities
$41,023Insider loans
$36,210FHLB advances
$41,193Loans and leases held for sale
$1,546Unused loan commitments
$1,546Tier 1 (core) risk-based capital
$4,317Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,006Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,986Total interest income
$413Total interest expense
$1,573Net interest income
$30Provision for loan and lease losses
$194Total noninterest income
$0Fiduciary activities
$65Service charges on deposit accounts
$0Trading account gains & fees
$129Additional noninterest income
$1,211Total noninterest expense
$807Salaries and employee benefits
$160Premises and equipment expense
$244Additional noninterest expense
$526Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$526Income before extraordinary items
$0Extraordinary gains - net
$526Net income attributable to bank
$0Net charge-offs
$526Cash dividends
$8Sale, conversion, retirement of capital stock, net
$194Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.62%Yield on earning assets
1.17%Cost of funding earning assets
4.45%Net interest margin
0.55%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
1.32%Net operating income to assets
1.32%Return on assets (ROA)
1.32%Pretax return on assets
12.65%Return on equity (ROE)
7.98%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
375.00%Credit loss provision to net charge-offs
69.50%Efficiency ratio
68,534Assets per employee
5.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
36.88%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
101.38%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.89%Net loans and leases to deposits
95.93%Net loans and leases to core deposits
95.93%Equity capital to assets
10.52%Core capital (leverage) ratio
10.48%Tier 1 risk-based capital ratio
11.92%Total risk-based capital ratio
Memoranda
$13Average assets
$39,960Average earning assets
$4,159Average equity
$35,319Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5216
State Bank Of Lismore
190 South 3rd Avenue, Lismore, MN 56155
January 01, 1900
Full Service Brick and Mortar
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