The First State Bank of La Moure in La Moure, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2005

The First State Bank of La Moure in La Moure, North Dakota (ND)
Show street view No street view available for this location

The First State Bank of La Moure - Overview

General
FDIC Certificate #: 13368
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank of North Dakota (#8387)
Federal Reserve ID: 865058
Date Established: July 30, 1931
WWW: http://www.fsblamoure.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 9525
FDIC's unique #: 8423
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 2005
Last Structure Change Process Date: Febuary 14, 2005
Last Data Update: Febuary 14, 2005
Data Source Date: April 05, 2012
Location
Address: 100 First Avenue, S.W., La Moure, ND 58458
County: Lamoure
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
Financial Summary
Total assets: $95.3 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, 2004)

Dollar figures in thousands
33Total employees (full-time equivalent)
$95,289Total assets
$4,033Cash and due from depository institutions
$34Interest-bearing balances
$7,482Securities
$0Federal funds sold & reverse repurchase agreements
$76,850Net loans & leases
$956Loan loss allowance
$0Trading account assets
$718Bank premises and fixed assets
$0Other real estate owned
$3,274Goodwill and other intangibles
$0Life insurance assets
$2,932All other assets
$95,289Total liabilities and capital
$84,365Total liabilities
$56,711Total deposits
$44,651Interest-bearing deposits
$56,711Deposits held in domestic offices
0.00%% insured (estimated)
$450Federal funds purchased & repurchase agreements
$0Trading liabilities
$26,700Other borrowed funds
$0Subordinated debt
$504All other liabilities
$10,924Total equity capital
$10,924Total bank equity capital
$10,924Perpetual preferred stock
$0Common stock
$350Surplus
$8,669Undivided profits
Memoranda
$1,905Noncurrent loans and leases
$11,369Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$326Earning assets
$141Long-term assets (5+ years)
$1,911Average Assets, year-to-date
$84,366Average Assets, quarterly
$6,293Volatile liabilities
$93,362Insider loans
$96,583FHLB advances
$33,454Loans and leases held for sale
$131Unused loan commitments
$7,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,369Total unused commitments
$7Restructured Loans and leases
$956Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$5,066Total interest income
$1,241Total interest expense
$3,825Net interest income
$120Provision for loan and lease losses
$243Total noninterest income
$0Fiduciary activities
$159Service charges on deposit accounts
$0Trading account gains & fees
$84Additional noninterest income
$2,555Total noninterest expense
$1,557Salaries and employee benefits
$286Premises and equipment expense
$712Additional noninterest expense
$1,393Pre-tax net operating income
-$9Securities gains (losses)
$92Applicable income taxes
$1,292Income before extraordinary items
$0Extraordinary gains - net
$1,292Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$107Sale, conversion, retirement of capital stock, net
$777Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.08%Yield on earning assets
1.49%Cost of funding earning assets
4.59%Net interest margin
0.29%Noninterest income to earning assets
3.07%Noninterest expense to earning assets
1.39%Net operating income to assets
1.38%Return on assets (ROA)
1.48%Pretax return on assets
12.17%Return on equity (ROE)
4.85%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
112.15%Credit loss provision to net charge-offs
14.14%Efficiency ratio
61,455Assets per employee
2.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.14%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
293.25%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.42%Net loans and leases to deposits
135.51%Net loans and leases to core deposits
152.46%Equity capital to assets
11.46%Core capital (leverage) ratio
8.18%Tier 1 risk-based capital ratio
10.01%Total risk-based capital ratio
Memoranda
$11Average assets
$93,362Average earning assets
$10,618Average equity
$83,349Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First State Bank of La Moure.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.