FDIC Certificate #: 12921 Status: Active Federal Reserve ID: 873950 Bank Holding Company (Regulatory Top Holder): Duke Financial Group, Inc. (RSSDID: 1127913, Location: Minneapolis, MN) Date Established: November 01, 1883 WWW:http://www.statebankofnewprague.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 #: 10884 FDIC's unique #: 8178 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: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 20, 2011 Last Structure Change Process Date: April 22, 2011 Last Data Update: April 22, 2011 Data Source Date: April 05, 2012
Location
Address: 1101 First Street Se, New Prague, MN 56071 County: Le Sueur 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
Financial Summary
Total assets: $123.8 mil Equity capital: $17.9 mil Deposits held in domestic offices: $97.5 mil Return on assets (ROA): 1.41% ($1.7 mil) Quarterly return on assets: 1.20% ($1.5 mil) Return on Equity (ROE): 10.27% ($1.8 mil) Quarterly return on equity: 8.20% ($1.5 mil) Net income: $1.7 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.41% ($1,745.8 mil) Quarterly Pretax return on assets: 1.20% ($1,485.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$123,817Total assets
$6,773Cash and due from depository institutions
$6,482Interest-bearing balances
$61,112Securities
$0Federal funds sold & reverse repurchase agreements
$45,029Net loans & leases
$1,567Loan loss allowance
$0Trading account assets
$4,664Bank premises and fixed assets
$1,239Other real estate owned
$0Goodwill and other intangibles
$123,817Life insurance assets
$5,000All other assets
$105,938Total liabilities and capital
$97,530Total liabilities
$79,147Total deposits
$97,530Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,000Trading liabilities
$0Other borrowed funds
$1,408Subordinated debt
$17,879All other liabilities
$17,879Total equity capital
$17,879Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$8,600Surplus
$8,879Undivided profits
Memoranda
$0Noncurrent loans and leases
$1Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,064Income earned, not collected on loans
$0Earning assets
$669Long-term assets (5+ years)
$112,623Average Assets, year-to-date
$47,800Average Assets, quarterly
$122,056Volatile liabilities
$123,344Insider loans
$74,297FHLB advances
$119,119Loans and leases held for sale
$2,537Unused loan commitments
$2,537Tier 1 (core) risk-based capital
$14,116Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,307Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,450Total interest income
$957Total interest expense
$4,493Net interest income
$280Provision for loan and lease losses
$985Total noninterest income
$0Fiduciary activities
$192Service charges on deposit accounts
$0Trading account gains & fees
$793Additional noninterest income
$3,429Total noninterest expense
$1,580Salaries and employee benefits
$473Premises and equipment expense
$1,376Additional noninterest expense
$1,769Pre-tax net operating income
-$43Securities gains (losses)
$2Applicable income taxes
$1,724Income before extraordinary items
$0Extraordinary gains - net
$1,724Net income attributable to bank
$0Net charge-offs
$1,724Cash dividends
$216Sale, conversion, retirement of capital stock, net
$1,167Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.96%Yield on earning assets
0.87%Cost of funding earning assets
4.09%Net interest margin
0.90%Noninterest income to earning assets
3.12%Noninterest expense to earning assets
1.45%Net operating income to assets
1.41%Return on assets (ROA)
1.41%Pretax return on assets
10.27%Return on equity (ROE)
3.32%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
129.63%Credit loss provision to net charge-offs
9.49%Efficiency ratio
62,596Assets per employee
5.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.69%Loss allowance to loans
3.36%Loss allowance to noncurrent loans
75.92%Noncurrent assets plus other real estate owned to assets
2.67%Noncurrent loans to loans
4.43%Net loans and leases to deposits
46.17%Net loans and leases to core deposits
53.17%Equity capital to assets
14.44%Core capital (leverage) ratio
11.85%Tier 1 risk-based capital ratio
19.00%Total risk-based capital ratio
Memoranda
$20Average assets
$122,056Average earning assets
$16,788Average equity
$109,789Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8178
State Bank Of New Prague
1101 First Street Se, New Prague, MN 56071
November 01, 1883
Full Service Brick and Mortar
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