First State Bank of Wyoming in Wyoming, Minnesota (MN)
| First State Bank of Wyoming | |
|---|---|
| General | FDIC Certificate #: 1609 Status: Active Federal Reserve ID: 222156 Bank Holding Company (Regulatory Top Holder): Wyoming Bancshares, Inc. (RSSDID: 1128554, Location: Wyoming, MN) Date Established: June 04, 1914 WWW: http://www.wyoming-bank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Domestic: 2, Interstate: No) OTS Docket #: 13849 FDIC's unique #: 1052 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending 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: 26741 Felton, Wyoming, MN 55092 County: Chisago Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460) |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $142.7 mil Equity capital: $22.5 mil Deposits held in domestic offices: $119.7 mil Return on assets (ROA): 0.17% ($0.2 mil) Quarterly return on assets: -0.90% (-$1.3 mil) Return on Equity (ROE): 1.09% ($0.2 mil) Quarterly return on equity: -5.63% (-$1.2 mil) Net income: $0.2 mil Quarterly Net income: -$0.3 mil Pretax return on assets: 0.33% ($471.0 mil) Quarterly Pretax return on assets: -0.96% (-$1,370.3 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 26 |
| Total assets | $142,737 |
| Cash and due from depository institutions | $4,100 |
| Interest-bearing balances | $1,588 |
| Securities | $68,029 |
| Federal funds sold & reverse repurchase agreements | $1,633 |
| Net loans & leases | $62,267 |
| Loan loss allowance | $1,866 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $858 |
| Other real estate owned | $3,072 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,778 |
| Life insurance assets | $142,737 |
| Total liabilities and capital | $120,241 |
| Total liabilities | $119,743 |
| Total deposits | $104,104 |
| Interest-bearing deposits | $119,743 |
| Deposits held in domestic offices | $89 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $498 |
| All other liabilities | $22,496 |
| Total equity capital | $22,496 |
| Total bank equity capital | $22,496 |
| Perpetual preferred stock | $0 |
| Common stock | $80 |
| Surplus | $9,920 |
| Undivided profits | $12,496 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $1,056 |
| Income earned, not collected on loans | $2,103 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $718 |
| Average Assets, year-to-date | $133,517 |
| Average Assets, quarterly | $51,217 |
| Volatile liabilities | $141,379 |
| Insider loans | $142,385 |
| FHLB advances | $82,623 |
| Loans and leases held for sale | $141,952 |
| Unused loan commitments | $943 |
| Tier 1 (core) risk-based capital | $943 |
| Tier 2 risk-based capital | $21,364 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $6,021 |
| Derivatives | $1,625 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $6,088 |
| Total interest expense | $1,321 |
| Net interest income | $4,767 |
| Provision for loan and lease losses | $1,400 |
| Total noninterest income | $1,023 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $377 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $646 |
| Total noninterest expense | $4,114 |
| Salaries and employee benefits | $1,799 |
| Premises and equipment expense | $317 |
| Additional noninterest expense | $1,998 |
| Pre-tax net operating income | $276 |
| Securities gains (losses) | $190 |
| Applicable income taxes | $223 |
| Income before extraordinary items | $243 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $243 |
| Net charge-offs | $0 |
| Cash dividends | $243 |
| Sale, conversion, retirement of capital stock, net | $967 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.62% |
| Cost of funding earning assets | 1.00% |
| Net interest margin | 3.62% |
| Noninterest income to earning assets | 0.78% |
| Noninterest expense to earning assets | 3.12% |
| Net operating income to assets | 0.09% |
| Return on assets (ROA) | 0.17% |
| Pretax return on assets | 0.33% |
| Return on equity (ROE) | 1.09% |
| Retained earnings to average equity (YTD only) | 1.09% |
| Net charge-offs to loans | 1.47% |
| Credit loss provision to net charge-offs | 144.78% |
| Efficiency ratio | 1.73% |
| Assets per employee | $71,054 |
| Cash dividends to net income (YTD only) | 5.49% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 2.91% |
| Noncurrent assets plus other real estate owned to assets | 88.73% |
| Noncurrent loans to loans | 3.63% |
| Net loans and leases to deposits | 3.28% |
| Net loans and leases to core deposits | 52.00% |
| Equity capital to assets | 55.45% |
| Core capital (leverage) ratio | 15.76% |
| Tier 1 risk-based capital ratio | 15.05% |
| Total risk-based capital ratio | 25.86% |
| Memoranda | |
| Average assets | $27 |
| Average earning assets | $141,379 |
| Average equity | $22,386 |
| Average loans | $131,762 |
| 2 Minnesota Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 1052 | First State Bank Of Wyoming | 26741 Felton, Wyoming, MN 55092 | June 04, 1914 | Full Service Brick and Mortar |  |
| 1 | 189905 | Detached Facility | 6115 Stacy Trail, Stacy, MN 55079 | March 01, 1978 | Limited Service Facility |  |
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