State Bank of Easton in Easton, Minnesota (MN)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 7 |
| Total assets | $21,290 |
| Cash and due from depository institutions | $2,862 |
| Interest-bearing balances | $786 |
| Securities | $2,975 |
| Federal funds sold & reverse repurchase agreements | $366 |
| Net loans & leases | $13,244 |
| Loan loss allowance | $244 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $62 |
| Other real estate owned | $481 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,300 |
| Life insurance assets | $21,289 |
| Total liabilities and capital | $18,737 |
| Total liabilities | $16,140 |
| Total deposits | $13,816 |
| Interest-bearing deposits | $16,140 |
| Deposits held in domestic offices | $90 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $2,523 |
| Other borrowed funds | $0 |
| Subordinated debt | $74 |
| All other liabilities | $2,552 |
| Total equity capital | $2,552 |
| Total bank equity capital | $2,552 |
| Perpetual preferred stock | $0 |
| Common stock | $25 |
| Surplus | $1,725 |
| Undivided profits | $802 |
| 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 | $770 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $221 |
| Average Assets, year-to-date | $17,371 |
| Average Assets, quarterly | $2,687 |
| Volatile liabilities | $20,501 |
| Insider loans | $20,751 |
| FHLB advances | $17,260 |
| Loans and leases held for sale | $20,750 |
| Unused loan commitments | $661 |
| Tier 1 (core) risk-based capital | $661 |
| Tier 2 risk-based capital | $2,548 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $252 |
| Derivatives | $0 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $919 |
| Total interest expense | $224 |
| Net interest income | $695 |
| Provision for loan and lease losses | $27 |
| Total noninterest income | $104 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $62 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $42 |
| Total noninterest expense | $675 |
| Salaries and employee benefits | $379 |
| Premises and equipment expense | $85 |
| Additional noninterest expense | $211 |
| Pre-tax net operating income | $97 |
| Securities gains (losses) | $10 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $107 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $107 |
| Net charge-offs | $0 |
| Cash dividends | $107 |
| Sale, conversion, retirement of capital stock, net | $21 |
| Net operating income | $58 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.51% |
| Cost of funding earning assets | 1.34% |
| Net interest margin | 4.17% |
| Noninterest income to earning assets | 0.62% |
| Noninterest expense to earning assets | 4.05% |
| Net operating income to assets | 0.47% |
| Return on assets (ROA) | 0.52% |
| Pretax return on assets | 0.52% |
| Return on equity (ROE) | 4.15% |
| Retained earnings to average equity (YTD only) | 1.90% |
| Net charge-offs to loans | 0.16% |
| Credit loss provision to net charge-offs | 128.57% |
| Efficiency ratio | 5.90% |
| Assets per employee | $84,481 |
| Cash dividends to net income (YTD only) | 3.04% |
| Condition Ratios (%) | |
| Loss allowance to loans | 54.21% |
| Loss allowance to noncurrent loans | 1.81% |
| Noncurrent assets plus other real estate owned to assets | 31.69% |
| Noncurrent loans to loans | 5.88% |
| Net loans and leases to deposits | 5.71% |
| Net loans and leases to core deposits | 82.06% |
| Equity capital to assets | 87.49% |
| Core capital (leverage) ratio | 11.99% |
| Tier 1 risk-based capital ratio | 12.28% |
| Total risk-based capital ratio | 14.76% |
| Memoranda | |
| Average assets | $16 |
| Average earning assets | $20,501 |
| Average equity | $2,579 |
| Average loans | $16,673 |
| 1 Minnesota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 10710 | State Bank Of Easton | 50 Main Street, Easton, MN 56025 | May 21, 1934 | Full Service Brick and Mortar |  |
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