Marshall County State Bank in Newfolden, Minnesota (MN)
| Marshall County State Bank | |
|---|---|
| General | FDIC Certificate #: 9752 Status: Active Federal Reserve ID: 720157 Date Established: October 20, 1922 WWW: http://www.mcsbnewfolden.com 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 #: 6239 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: Yes Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: Febuary 18, 2009 Last Structure Change Process Date: Febuary 18, 2009 Last Data Update: Febuary 18, 2009 Data Source Date: April 05, 2012 |
| Location | Address: 118 East Minnesota, Newfolden, MN 56738 County: Marshall Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Forks Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West |
| Financial Summary | Total assets: $27.7 mil Equity capital: $5.0 mil Deposits held in domestic offices: $22.6 mil Return on assets (ROA): 0.83% ($0.2 mil) Quarterly return on assets: 0.93% ($0.3 mil) Return on Equity (ROE): 4.28% ($0.2 mil) Quarterly return on equity: 5.03% ($0.3 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.83% ($229.6 mil) Quarterly Pretax return on assets: 0.93% ($257.3 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 5 |
| Total assets | $27,668 |
| Cash and due from depository institutions | $13,500 |
| Interest-bearing balances | $12,380 |
| Securities | $4,477 |
| Federal funds sold & reverse repurchase agreements | $350 |
| Net loans & leases | $9,147 |
| Loan loss allowance | $333 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $66 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $128 |
| Life insurance assets | $27,668 |
| Total liabilities and capital | $22,626 |
| Total liabilities | $22,584 |
| Total deposits | $18,648 |
| Interest-bearing deposits | $22,584 |
| Deposits held in domestic offices | $80 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $42 |
| All other liabilities | $5,042 |
| Total equity capital | $5,042 |
| Total bank equity capital | $5,042 |
| Perpetual preferred stock | $0 |
| Common stock | $42 |
| Surplus | $809 |
| Undivided profits | $4,191 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $17 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $98 |
| Average Assets, year-to-date | $26,354 |
| Average Assets, quarterly | $640 |
| Volatile liabilities | $26,300 |
| Insider loans | $26,998 |
| FHLB advances | $9,234 |
| Loans and leases held for sale | $27,568 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $5,018 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $302 |
| Derivatives | $0 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $748 |
| Total interest expense | $151 |
| Net interest income | $597 |
| Provision for loan and lease losses | $6 |
| Total noninterest income | $99 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $75 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $24 |
| Total noninterest expense | $473 |
| Salaries and employee benefits | $267 |
| Premises and equipment expense | $26 |
| Additional noninterest expense | $180 |
| Pre-tax net operating income | $217 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $217 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $217 |
| Net charge-offs | $0 |
| Cash dividends | $217 |
| Sale, conversion, retirement of capital stock, net | -$5 |
| Net operating income | $332 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 3.25% |
| Cost of funding earning assets | 0.66% |
| Net interest margin | 2.59% |
| Noninterest income to earning assets | 0.43% |
| Noninterest expense to earning assets | 2.06% |
| Net operating income to assets | 0.83% |
| Return on assets (ROA) | 0.83% |
| Pretax return on assets | 0.83% |
| Return on equity (ROE) | 4.28% |
| Retained earnings to average equity (YTD only) | -2.27% |
| Net charge-offs to loans | -0.06% |
| Credit loss provision to net charge-offs | -120.00% |
| Efficiency ratio | 0.00% |
| Assets per employee | $67,960 |
| Cash dividends to net income (YTD only) | 5.53% |
| Condition Ratios (%) | |
| Loss allowance to loans | 153.00% |
| Loss allowance to noncurrent loans | 3.51% |
| Noncurrent assets plus other real estate owned to assets | 1958.82% |
| Noncurrent loans to loans | 0.06% |
| Net loans and leases to deposits | 0.18% |
| Net loans and leases to core deposits | 40.50% |
| Equity capital to assets | 40.50% |
| Core capital (leverage) ratio | 18.22% |
| Tier 1 risk-based capital ratio | 18.20% |
| Total risk-based capital ratio | 54.34% |
| Memoranda | |
| Average assets | $56 |
| Average earning assets | $26,300 |
| Average equity | $5,072 |
| Average loans | $23,006 |
| 1 Minnesota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 6239 | Marshall County State Bank | 118 East Minnesota, Newfolden, MN 56738 | October 20, 1922 | Full Service Brick and Mortar |  |
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