FDIC Certificate #: 11013 Status: Active Federal Reserve ID: 686758 Bank Holding Company (Regulatory Top Holder): Prairie Bancshares Corporation (RSSDID: 1126493, Location: Shelby, MT) Date Established: January 01, 1910 WWW:http://www.fsbshelby.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7060 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: January 01, 1934 Last Structure Change Effective Date: November 24, 2008 Last Structure Change Process Date: December 05, 2008 Last Data Update: December 05, 2008 Data Source Date: April 05, 2012
Location
Address: 320 Main Street, Shelby, MT 59474 County: Toole Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Billings Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Change in Location
Financial Summary
Total assets: $131.5 mil Equity capital: $20.5 mil Deposits held in domestic offices: $110.3 mil Return on assets (ROA): 1.25% ($1.6 mil) Quarterly return on assets: 1.40% ($1.8 mil) Return on Equity (ROE): 7.50% ($1.6 mil) Quarterly return on equity: 8.81% ($1.9 mil) Net income: $1.5 mil Quarterly Net income: $0.5 mil Pretax return on assets: 1.63% ($2,142.7 mil) Quarterly Pretax return on assets: 0.80% ($1,051.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$131,454Total assets
$15,019Cash and due from depository institutions
$10,680Interest-bearing balances
$88,804Securities
$2,175Federal funds sold & reverse repurchase agreements
$24,243Net loans & leases
$758Loan loss allowance
$0Trading account assets
$220Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$131,454Life insurance assets
$993All other assets
$110,954Total liabilities and capital
$110,266Total liabilities
$72,870Total deposits
$110,266Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$688Subordinated debt
$20,500All other liabilities
$20,500Total equity capital
$20,500Total bank equity capital
$0Perpetual preferred stock
$1,250Common stock
$2,250Surplus
$17,000Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$802Income earned, not collected on loans
$0Earning assets
$569Long-term assets (5+ years)
$125,902Average Assets, year-to-date
$80,172Average Assets, quarterly
$119,827Volatile liabilities
$128,745Insider loans
$70,693FHLB advances
$131,108Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$19,917Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,257Restructured Loans and leases
$9Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,244Total interest income
$640Total interest expense
$3,604Net interest income
$300Provision for loan and lease losses
$549Total noninterest income
$1Fiduciary activities
$129Service charges on deposit accounts
$0Trading account gains & fees
$419Additional noninterest income
$2,140Total noninterest expense
$1,349Salaries and employee benefits
$243Premises and equipment expense
$548Additional noninterest expense
$1,713Pre-tax net operating income
$237Securities gains (losses)
$457Applicable income taxes
$1,493Income before extraordinary items
$0Extraordinary gains - net
$1,493Net income attributable to bank
$0Net charge-offs
$1,493Cash dividends
$313Sale, conversion, retirement of capital stock, net
$350Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.69%Yield on earning assets
0.56%Cost of funding earning assets
3.13%Net interest margin
0.48%Noninterest income to earning assets
1.86%Noninterest expense to earning assets
1.09%Net operating income to assets
1.25%Return on assets (ROA)
1.63%Pretax return on assets
7.50%Return on equity (ROE)
5.74%Retained earnings to average equity (YTD only)
1.22%Net charge-offs to loans
95.85%Credit loss provision to net charge-offs
6.43%Efficiency ratio
51,529Assets per employee
6.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.44%Loss allowance to loans
3.03%Loss allowance to noncurrent loans
94.51%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
3.21%Net loans and leases to deposits
21.99%Net loans and leases to core deposits
22.68%Equity capital to assets
15.59%Core capital (leverage) ratio
15.19%Tier 1 risk-based capital ratio
28.17%Total risk-based capital ratio
Memoranda
$29Average assets
$119,827Average earning assets
$19,914Average equity
$115,086Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,205Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,205Other retirement accounts
$0Corporate trust and agency accounts
$2,205Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
1 Montana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7060
The First State Bank Of Shelby
320 Main Street, Shelby, MT 59474
January 01, 1910
Full Service Brick and Mortar
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