FDIC Certificate #: 9735 Status: Active Federal Reserve ID: 874452 Bank Holding Company (Regulatory Top Holder): New Richland Bancshares, Inc. (RSSDID: 1487327, Location: New Richland, MN) Date Established: October 31, 1898 WWW:http://www.sbnr.biz 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 #: 6226 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: 103 North Broadway, New Richland, MN 56072 County: Waseca 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: $91.4 mil Equity capital: $8.4 mil Deposits held in domestic offices: $61.8 mil Return on assets (ROA): 2.33% ($2.1 mil) Quarterly return on assets: 1.32% ($1.2 mil) Return on Equity (ROE): 25.76% ($2.1 mil) Quarterly return on equity: 13.94% ($1.1 mil) Net income: $2.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 2.33% ($2,130.7 mil) Quarterly Pretax return on assets: 1.32% ($1,207.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$91,446Total assets
$1,216Cash and due from depository institutions
$249Interest-bearing balances
$18,406Securities
$0Federal funds sold & reverse repurchase agreements
$68,447Net loans & leases
$944Loan loss allowance
$0Trading account assets
$430Bank premises and fixed assets
$91Other real estate owned
$0Goodwill and other intangibles
$91,446Life insurance assets
$2,856All other assets
$83,027Total liabilities and capital
$61,839Total liabilities
$53,695Total deposits
$61,839Interest-bearing deposits
$73Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$20,050Trading liabilities
$0Other borrowed funds
$1,138Subordinated debt
$8,419All other liabilities
$8,419Total equity capital
$8,419Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$5,400Surplus
$2,919Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,063Income earned, not collected on loans
$0Earning assets
$1,381Long-term assets (5+ years)
$87,102Average Assets, year-to-date
$45,268Average Assets, quarterly
$89,725Volatile liabilities
$90,982Insider loans
$68,110FHLB advances
$90,309Loans and leases held for sale
$27Unused loan commitments
$27Tier 1 (core) risk-based capital
$7,528Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,491Restructured Loans and leases
$1,079Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,407Total interest income
$1,642Total interest expense
$3,765Net interest income
$39Provision for loan and lease losses
$213Total noninterest income
$0Fiduciary activities
$148Service charges on deposit accounts
$0Trading account gains & fees
$65Additional noninterest income
$1,853Total noninterest expense
$1,201Salaries and employee benefits
$114Premises and equipment expense
$538Additional noninterest expense
$2,086Pre-tax net operating income
$2Securities gains (losses)
$0Applicable income taxes
$2,088Income before extraordinary items
$0Extraordinary gains - net
$2,088Net income attributable to bank
$0Net charge-offs
$2,088Cash dividends
$9Sale, conversion, retirement of capital stock, net
$1,463Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.36%Yield on earning assets
1.93%Cost of funding earning assets
4.43%Net interest margin
0.25%Noninterest income to earning assets
2.18%Noninterest expense to earning assets
2.32%Net operating income to assets
2.33%Return on assets (ROA)
2.33%Pretax return on assets
25.76%Return on equity (ROE)
7.71%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
433.33%Credit loss provision to net charge-offs
236.11%Efficiency ratio
46,581Assets per employee
9.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
70.07%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
88.81%Noncurrent assets plus other real estate owned to assets
1.26%Noncurrent loans to loans
1.53%Net loans and leases to deposits
110.69%Net loans and leases to core deposits
446.99%Equity capital to assets
9.21%Core capital (leverage) ratio
8.34%Tier 1 risk-based capital ratio
11.05%Total risk-based capital ratio
Memoranda
$12Average assets
$89,725Average earning assets
$8,106Average equity
$85,036Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6226
State Bank Of New Richland
103 North Broadway, New Richland, MN 56072
October 31, 1898
Full Service Brick and Mortar
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