FDIC Certificate #: 9764 Status: Active Federal Reserve ID: 150156 Bank Holding Company (Regulatory Top Holder): Browns Valley Bancshares, Inc. (RSSDID: 1125544, Location: Browns Valley, MN) Date Established: January 01, 1926 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 #: 6249 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 325 W Broadway, Browns Valley, MN 56219 County: Traverse 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: $21.7 mil Equity capital: $2.7 mil Deposits held in domestic offices: $18.9 mil Return on assets (ROA): 1.13% ($0.2 mil) Quarterly return on assets: 1.38% ($0.3 mil) Return on Equity (ROE): 9.06% ($0.3 mil) Quarterly return on equity: 10.61% ($0.3 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.13% ($245.0 mil) Quarterly Pretax return on assets: 1.38% ($299.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$21,682Total assets
$6,091Cash and due from depository institutions
$4,634Interest-bearing balances
$6,396Securities
$0Federal funds sold & reverse repurchase agreements
$8,848Net loans & leases
$108Loan loss allowance
$0Trading account assets
$25Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$21,682Life insurance assets
$322All other assets
$18,947Total liabilities and capital
$18,911Total liabilities
$14,960Total deposits
$18,911Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$36Subordinated debt
$2,735All other liabilities
$2,735Total equity capital
$2,735Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$1,425Surplus
$1,235Undivided 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
$230Long-term assets (5+ years)
$19,878Average Assets, year-to-date
$1,161Average Assets, quarterly
$21,075Volatile liabilities
$20,824Insider loans
$11,264FHLB advances
$21,030Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,514Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$58Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$714Total interest income
$176Total interest expense
$538Net interest income
$0Provision for loan and lease losses
$30Total noninterest income
$0Fiduciary activities
$25Service charges on deposit accounts
$0Trading account gains & fees
$5Additional noninterest income
$330Total noninterest expense
$182Salaries and employee benefits
$42Premises and equipment expense
$106Additional noninterest expense
$238Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$238Income before extraordinary items
$0Extraordinary gains - net
$238Net income attributable to bank
$0Net charge-offs
$238Cash dividends
$4Sale, conversion, retirement of capital stock, net
$223Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.72%Yield on earning assets
0.92%Cost of funding earning assets
2.80%Net interest margin
0.16%Noninterest income to earning assets
1.72%Noninterest expense to earning assets
1.13%Net operating income to assets
1.13%Return on assets (ROA)
1.13%Pretax return on assets
9.06%Return on equity (ROE)
0.57%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
59.50%Efficiency ratio
58,099Assets per employee
4.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
93.70%Loss allowance to loans
1.21%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
46.79%Net loans and leases to core deposits
46.79%Equity capital to assets
12.61%Core capital (leverage) ratio
11.95%Tier 1 risk-based capital ratio
22.32%Total risk-based capital ratio
Memoranda
$23Average assets
$21,075Average earning assets
$2,626Average equity
$19,184Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6249
Union State Bank Of Browns Valley
325 W Broadway, Browns Valley, MN 56219
January 01, 1926
Full Service Brick and Mortar
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