Tri-County State Bank in Chamberlain, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1997

Tri-County State Bank in Chamberlain, South Dakota (SD)
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Tri-County State Bank - Overview

General
FDIC Certificate #: 1689
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Marquette Bank South Dakota, National Association (#6079)
Federal Reserve ID: 594657
Date Established: January 01, 1934
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 1111
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: November 01, 1997
Last Structure Change Process Date: November 14, 1997
Last Data Update: November 14, 1997
Data Source Date: April 05, 2012
Location
Address: 201 North Courtland, Chamberlain, SD 57325
County: Brule
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $62.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$21Total assets
$59,551Cash and due from depository institutions
$2,170Interest-bearing balances
$100Securities
$21,049Federal funds sold & reverse repurchase agreements
$600Net loans & leases
$33,686Loan loss allowance
$503Trading account assets
$0Bank premises and fixed assets
$652Other real estate owned
$0Goodwill and other intangibles
$1,394Life insurance assets
$0All other assets
$0Total liabilities and capital
$59,551Total liabilities
$54,406Total deposits
$53,390Interest-bearing deposits
$48,708Deposits held in domestic offices
53390.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$194Subordinated debt
$0All other liabilities
$822Total equity capital
$822Total bank equity capital
$5,145Perpetual preferred stock
$0Common stock
$200Surplus
$3,550Undivided profits
Memoranda
$1,395Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,298Income earned, not collected on loans
$895Earning assets
$55,435Long-term assets (5+ years)
$16,576Average Assets, year-to-date
$58,523Average Assets, quarterly
$58,988Volatile liabilities
$5,001Insider loans
$118FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,921Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,123Total risk weighted assets
$42,530Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,461Total interest expense
$2,120Net interest income
$2,341Provision for loan and lease losses
$93Total noninterest income
$493Fiduciary activities
$0Service charges on deposit accounts
$354Trading account gains & fees
$0Additional noninterest income
$139Total noninterest expense
$1,239Salaries and employee benefits
$674Premises and equipment expense
$117Additional noninterest expense
$448Pre-tax net operating income
$1,502Securities gains (losses)
-$9Applicable income taxes
$483Income before extraordinary items
$1,010Extraordinary gains - net
$0Net income attributable to bank
$1,010Net charge-offs
$94Cash dividends
$450Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.16%Cost of funding earning assets
3.88%Net interest margin
4.28%Noninterest income to earning assets
0.90%Noninterest expense to earning assets
2.27%Net operating income to assets
1.74%Return on assets (ROA)
1.73%Pretax return on assets
2.55%Return on equity (ROE)
20.94%Retained earnings to average equity (YTD only)
11.61%Net charge-offs to loans
0.29%Credit loss provision to net charge-offs
98.94%Efficiency ratio
43,719Assets per employee
2.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
44.55%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
38.75%Noncurrent assets plus other real estate owned to assets
2.18%Noncurrent loans to loans
3.80%Net loans and leases to deposits
63.09%Net loans and leases to core deposits
69.34%Equity capital to assets
8.64%Core capital (leverage) ratio
8.65%Tier 1 risk-based capital ratio
12.05%Total risk-based capital ratio
Memoranda
$13Average assets
$58,523Average earning assets
$4,824Average equity
$54,638Average loans

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