FDIC Certificate #: 18525 Status: Active Federal Reserve ID: 2554 Bank Holding Company (Regulatory Top Holder): Dakota Financial, Inc. (RSSDID: 3615272, Location: Marietta, MN) Date Established: August 14, 1941 WWW:http://www.sbmarietta.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 #: 12417 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: May 21, 1962 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: 201 3rd Ave North, Marietta, MN 56257 County: Lac Qui Parle Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Fargo 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: $12.1 mil Equity capital: $1.2 mil Deposits held in domestic offices: $10.3 mil Return on assets (ROA): 1.14% ($0.1 mil) Quarterly return on assets: 0.91% ($0.1 mil) Return on Equity (ROE): 11.43% ($0.1 mil) Quarterly return on equity: 9.38% ($0.1 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.14% ($138.0 mil) Quarterly Pretax return on assets: 0.91% ($110.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
4Total employees (full-time equivalent)
$12,109Total assets
$4,149Cash and due from depository institutions
$3,376Interest-bearing balances
$1,892Securities
$0Federal funds sold & reverse repurchase agreements
$5,530Net loans & leases
$100Loan loss allowance
$0Trading account assets
$97Bank premises and fixed assets
$0Other real estate owned
$289Goodwill and other intangibles
$12,110Life insurance assets
$152All other assets
$10,948Total liabilities and capital
$10,311Total liabilities
$7,123Total deposits
$10,311Interest-bearing deposits
$95Deposits held in domestic offices
616.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$21Subordinated debt
$1,162All other liabilities
$1,162Total equity capital
$1,162Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$975Surplus
$137Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1Income earned, not collected on loans
$0Earning assets
$95Long-term assets (5+ years)
$10,798Average Assets, year-to-date
$1,243Average Assets, quarterly
$11,438Volatile liabilities
$11,836Insider loans
$7,788FHLB advances
$11,402Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$883Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$692Restructured Loans and leases
$128Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$452Total interest income
$76Total interest expense
$376Net interest income
$26Provision for loan and lease losses
$51Total noninterest income
$0Fiduciary activities
$44Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$271Total noninterest expense
$147Salaries and employee benefits
$20Premises and equipment expense
$104Additional noninterest expense
$130Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$130Income before extraordinary items
$0Extraordinary gains - net
$130Net income attributable to bank
$0Net charge-offs
$130Cash dividends
$0Sale, conversion, retirement of capital stock, net
$77Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.33%Yield on earning assets
0.73%Cost of funding earning assets
3.61%Net interest margin
0.49%Noninterest income to earning assets
2.60%Noninterest expense to earning assets
1.14%Net operating income to assets
1.14%Return on assets (ROA)
1.14%Pretax return on assets
11.43%Return on equity (ROE)
4.66%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
63,466Assets per employee
3.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.23%Loss allowance to loans
1.78%Loss allowance to noncurrent loans
10000.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.02%Net loans and leases to deposits
53.63%Net loans and leases to core deposits
57.84%Equity capital to assets
9.60%Core capital (leverage) ratio
7.74%Tier 1 risk-based capital ratio
11.34%Total risk-based capital ratio
Memoranda
$13Average assets
$11,438Average earning assets
$1,138Average equity
$10,428Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12417
State Bank Of Marietta
201 3rd Ave North, Marietta, MN 56257
August 14, 1941
Full Service Brick and Mortar
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