State Bank of Streeter in Streeter, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 20, 2006

State Bank of Streeter in Streeter, North Dakota (ND)
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State Bank of Streeter - Overview

General
FDIC Certificate #: 15040
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Dakota Heritage Bank (#9419)
Federal Reserve ID: 769455
Date Established: January 01, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 9433
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: March 02, 1935
Last Structure Change Effective Date: December 20, 2006
Last Structure Change Process Date: January 08, 2007
Last Data Update: January 08, 2007
Data Source Date: April 05, 2012
Location
Address: Main Street, Streeter, ND 58483
County: Stutsman
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
Core Based Statistical Area (CBSA): Jamestown, ND (#27420)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $8.5 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, 2005)

Dollar figures in thousands
4Total employees (full-time equivalent)
$8,547Total assets
$1,466Cash and due from depository institutions
$793Interest-bearing balances
$395Securities
$500Federal funds sold & reverse repurchase agreements
$5,804Net loans & leases
$43Loan loss allowance
$0Trading account assets
$17Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$365All other assets
$8,547Total liabilities and capital
$7,311Total liabilities
$7,117Total deposits
$5,740Interest-bearing deposits
$7,117Deposits held in domestic offices
0.00%% insured (estimated)
$169Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$25All other liabilities
$1,236Total equity capital
$1,236Total bank equity capital
$1,236Perpetual preferred stock
$0Common stock
$125Surplus
$575Undivided profits
Memoranda
$536Noncurrent loans and leases
$581Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9Earning assets
$0Long-term assets (5+ years)
$189Average Assets, year-to-date
$7,492Average Assets, quarterly
$223Volatile liabilities
$8,541Insider loans
$8,533FHLB advances
$907Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$581Total unused commitments
$0Restructured Loans and leases
$43Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$467Total interest income
$128Total interest expense
$339Net interest income
$0Provision for loan and lease losses
$30Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
$13Additional noninterest income
$289Total noninterest expense
$162Salaries and employee benefits
$41Premises and equipment expense
$86Additional noninterest expense
$80Pre-tax net operating income
$0Securities gains (losses)
$2Applicable income taxes
$78Income before extraordinary items
$0Extraordinary gains - net
$78Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$80Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.13%Yield on earning assets
1.68%Cost of funding earning assets
4.45%Net interest margin
0.39%Noninterest income to earning assets
3.79%Noninterest expense to earning assets
0.91%Net operating income to assets
0.91%Return on assets (ROA)
0.94%Pretax return on assets
6.13%Return on equity (ROE)
-0.16%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
78,320Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
102.56%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
477.78%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.15%Net loans and leases to deposits
81.55%Net loans and leases to core deposits
90.99%Equity capital to assets
14.46%Core capital (leverage) ratio
14.19%Tier 1 risk-based capital ratio
18.35%Total risk-based capital ratio
Memoranda
$19Average assets
$8,541Average earning assets
$1,272Average equity
$7,622Average loans

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