State Bank of Gibbon in Gibbon, Minnesota (MN)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 6 |
| Total assets | $25,468 |
| Cash and due from depository institutions | $6,470 |
| Interest-bearing balances | $4,586 |
| Securities | $1,718 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $16,656 |
| Loan loss allowance | $130 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $47 |
| Other real estate owned | $51 |
| Goodwill and other intangibles | $34 |
| All other assets | $492 |
| Life insurance assets | $25,468 |
| Total liabilities and capital | $23,183 |
| Total liabilities | $22,254 |
| Total deposits | $17,521 |
| Interest-bearing deposits | $22,254 |
| Deposits held in domestic offices | $92 |
| % insured (estimated) | 900.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $29 |
| All other liabilities | $2,285 |
| Total equity capital | $2,285 |
| Total bank equity capital | $2,285 |
| Perpetual preferred stock | $0 |
| Common stock | $75 |
| Surplus | $1,225 |
| Undivided profits | $985 |
| 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 | $20 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $351 |
| Average Assets, year-to-date | $22,960 |
| Average Assets, quarterly | $49 |
| Volatile liabilities | $24,437 |
| Insider loans | $24,662 |
| FHLB advances | $18,399 |
| Loans and leases held for sale | $24,081 |
| Unused loan commitments | $42 |
| Tier 1 (core) risk-based capital | $42 |
| Tier 2 risk-based capital | $2,225 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $2,598 |
| Derivatives | $24 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $1,024 |
| Total interest expense | $186 |
| Net interest income | $838 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $93 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $33 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $60 |
| Total noninterest expense | $631 |
| Salaries and employee benefits | $449 |
| Premises and equipment expense | $71 |
| Additional noninterest expense | $111 |
| Pre-tax net operating income | $300 |
| Securities gains (losses) | $3 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $303 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $303 |
| Net charge-offs | $0 |
| Cash dividends | $303 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $198 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.56% |
| Cost of funding earning assets | 0.83% |
| Net interest margin | 3.73% |
| Noninterest income to earning assets | 0.41% |
| Noninterest expense to earning assets | 2.81% |
| Net operating income to assets | 1.23% |
| Return on assets (ROA) | 1.24% |
| Pretax return on assets | 1.24% |
| Return on equity (ROE) | 13.73% |
| Retained earnings to average equity (YTD only) | 4.76% |
| Net charge-offs to loans | 0.00% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 0.00% |
| Assets per employee | $67,777 |
| Cash dividends to net income (YTD only) | 4.24% |
| Condition Ratios (%) | |
| Loss allowance to loans | 65.35% |
| Loss allowance to noncurrent loans | 0.77% |
| Noncurrent assets plus other real estate owned to assets | 650.00% |
| Noncurrent loans to loans | 0.28% |
| Net loans and leases to deposits | 0.12% |
| Net loans and leases to core deposits | 74.84% |
| Equity capital to assets | 76.07% |
| Core capital (leverage) ratio | 8.97% |
| Tier 1 risk-based capital ratio | 9.24% |
| Total risk-based capital ratio | 12.09% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $24,437 |
| Average equity | $2,208 |
| Average loans | $22,439 |
| 1 Minnesota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 7641 | State Bank Of Gibbon | 1049 1st Avenue, Gibbon, MN 55335 | January 01, 1904 | Full Service Brick and Mortar |  |
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