FDIC Certificate #: 17922 Status: Active Federal Reserve ID: 890957 Bank Holding Company (Regulatory Top Holder): Strasburg Banshares, Inc. (RSSDID: 1125692, Location: Strasburg, ND) Date Established: November 12, 1958 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 #: 11859 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: November 12, 1958 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: 720 Main St, Strasburg, ND 58573 County: Emmons 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: $54.3 mil Equity capital: $4.8 mil Deposits held in domestic offices: $49.1 mil Return on assets (ROA): 0.95% ($0.5 mil) Quarterly return on assets: 1.28% ($0.7 mil) Return on Equity (ROE): 10.72% ($0.5 mil) Quarterly return on equity: 14.25% ($0.7 mil) Net income: $0.5 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.19% ($646.4 mil) Quarterly Pretax return on assets: 1.55% ($841.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$54,319Total assets
$6,427Cash and due from depository institutions
$0Interest-bearing balances
$14,175Securities
$2,500Federal funds sold & reverse repurchase agreements
$28,865Net loans & leases
$271Loan loss allowance
$0Trading account assets
$412Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$54,319Life insurance assets
$1,940All other assets
$49,481Total liabilities and capital
$49,081Total liabilities
$39,753Total deposits
$49,081Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$400Subordinated debt
$4,838All other liabilities
$4,838Total equity capital
$4,838Total bank equity capital
$0Perpetual preferred stock
$105Common stock
$1,400Surplus
$3,333Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$674Long-term assets (5+ years)
$45,540Average Assets, year-to-date
$11,215Average Assets, quarterly
$53,689Volatile liabilities
$54,057Insider loans
$30,165FHLB advances
$54,087Loans and leases held for sale
$1,022Unused loan commitments
$55Tier 1 (core) risk-based capital
$4,838Tier 2 risk-based capital
$967Total risk weighted assets
$0Total unused commitments
$4,580Restructured Loans and leases
$340Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,088Total interest income
$400Total interest expense
$1,688Net interest income
$0Provision for loan and lease losses
$100Total noninterest income
$0Fiduciary activities
$34Service charges on deposit accounts
$0Trading account gains & fees
$66Additional noninterest income
$1,149Total noninterest expense
$801Salaries and employee benefits
$97Premises and equipment expense
$251Additional noninterest expense
$639Pre-tax net operating income
$0Securities gains (losses)
$128Applicable income taxes
$511Income before extraordinary items
$0Extraordinary gains - net
$511Net income attributable to bank
$0Net charge-offs
$511Cash dividends
$0Sale, conversion, retirement of capital stock, net
$315Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.82%Yield on earning assets
0.92%Cost of funding earning assets
3.90%Net interest margin
0.23%Noninterest income to earning assets
2.65%Noninterest expense to earning assets
0.95%Net operating income to assets
0.95%Return on assets (ROA)
1.19%Pretax return on assets
10.72%Return on equity (ROE)
4.11%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
64,262Assets per employee
4.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.64%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
58.81%Net loans and leases to core deposits
58.81%Equity capital to assets
8.91%Core capital (leverage) ratio
8.94%Tier 1 risk-based capital ratio
16.04%Total risk-based capital ratio
Memoranda
$17Average assets
$53,689Average earning assets
$4,765Average equity
$43,306Average loans
List of branches
1 North Dakota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
11859
Strasburg State Bank
720 Main St, Strasburg, ND 58573
November 12, 1958
Full Service Brick and Mortar
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