State Bank of Bricelyn in Bricelyn, Minnesota (MN)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 10 |
| Total assets | $27,458 |
| Cash and due from depository institutions | $907 |
| Interest-bearing balances | $0 |
| Securities | $865 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $24,120 |
| Loan loss allowance | $201 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $453 |
| Other real estate owned | $135 |
| Goodwill and other intangibles | $0 |
| All other assets | $978 |
| Life insurance assets | $27,458 |
| Total liabilities and capital | $24,321 |
| Total liabilities | $23,645 |
| Total deposits | $21,791 |
| Interest-bearing deposits | $23,645 |
| Deposits held in domestic offices | $99 |
| % insured (estimated) | 500.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $176 |
| All other liabilities | $3,137 |
| Total equity capital | $3,137 |
| Total bank equity capital | $3,137 |
| Perpetual preferred stock | $0 |
| Common stock | $50 |
| Surplus | $2,450 |
| Undivided profits | $637 |
| 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 | $77 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $270 |
| Average Assets, year-to-date | $24,985 |
| Average Assets, quarterly | $1,131 |
| Volatile liabilities | $26,476 |
| Insider loans | $27,312 |
| FHLB advances | $22,490 |
| Loans and leases held for sale | $27,513 |
| Unused loan commitments | $496 |
| Tier 1 (core) risk-based capital | $496 |
| Tier 2 risk-based capital | $3,125 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $4,362 |
| Derivatives | $366 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $1,353 |
| Total interest expense | $219 |
| Net interest income | $1,134 |
| Provision for loan and lease losses | $30 |
| Total noninterest income | $83 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $29 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $54 |
| Total noninterest expense | $802 |
| Salaries and employee benefits | $549 |
| Premises and equipment expense | $61 |
| Additional noninterest expense | $192 |
| Pre-tax net operating income | $385 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $385 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $385 |
| Net charge-offs | $0 |
| Cash dividends | $385 |
| Sale, conversion, retirement of capital stock, net | $16 |
| Net operating income | $164 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.73% |
| Cost of funding earning assets | 0.93% |
| Net interest margin | 4.81% |
| Noninterest income to earning assets | 0.35% |
| Noninterest expense to earning assets | 3.40% |
| Net operating income to assets | 1.45% |
| Return on assets (ROA) | 1.45% |
| Pretax return on assets | 1.45% |
| Return on equity (ROE) | 12.51% |
| Retained earnings to average equity (YTD only) | 7.18% |
| Net charge-offs to loans | 0.07% |
| Credit loss provision to net charge-offs | 187.50% |
| Efficiency ratio | 25.94% |
| Assets per employee | $65,900 |
| Cash dividends to net income (YTD only) | 2.75% |
| Condition Ratios (%) | |
| Loss allowance to loans | 42.60% |
| Loss allowance to noncurrent loans | 0.83% |
| Noncurrent assets plus other real estate owned to assets | 261.04% |
| Noncurrent loans to loans | 0.77% |
| Net loans and leases to deposits | 0.32% |
| Net loans and leases to core deposits | 102.01% |
| Equity capital to assets | 103.32% |
| Core capital (leverage) ratio | 11.42% |
| Tier 1 risk-based capital ratio | 11.36% |
| Total risk-based capital ratio | 13.90% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $26,476 |
| Average equity | $3,077 |
| Average loans | $23,596 |
| 1 Minnesota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 5642 | State Bank Of Bricelyn | 219 North Main Street, Bricelyn, MN 56014 | January 01, 1899 | Full Service Brick and Mortar |  |
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