State Bank of Hamburg in Hamburg, Minnesota (MN)
| State Bank of Hamburg | |
|---|---|
| General | FDIC Certificate #: 8199 Status: Active Federal Reserve ID: 80552 Bank Holding Company (Regulatory Top Holder): Hamburg Financial, Inc. (RSSDID: 1128086, Location: Excelsior, MN) Date Established: December 05, 1904 WWW: http://www.statebankofhamburg.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 #: 5225 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural 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: 591 Park Avenue, Hamburg, MN 55339 County: Carver 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: $20.6 mil Equity capital: $1.7 mil Deposits held in domestic offices: $18.7 mil Return on assets (ROA): 0.44% ($0.1 mil) Quarterly return on assets: -0.08% (-$0.0 mil) Return on Equity (ROE): 5.28% ($0.1 mil) Quarterly return on equity: -0.93% (-$0.0 mil) Net income: $0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.45% ($92.5 mil) Quarterly Pretax return on assets: -0.08% (-$16.4 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 6 |
| Total assets | $20,558 |
| Cash and due from depository institutions | $5,216 |
| Interest-bearing balances | $3,789 |
| Securities | $2,872 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $11,392 |
| Loan loss allowance | $191 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $443 |
| Other real estate owned | $66 |
| Goodwill and other intangibles | $0 |
| All other assets | $569 |
| Life insurance assets | $20,558 |
| Total liabilities and capital | $18,848 |
| Total liabilities | $18,727 |
| Total deposits | $14,637 |
| Interest-bearing deposits | $18,727 |
| Deposits held in domestic offices | $100 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $121 |
| All other liabilities | $1,710 |
| Total equity capital | $1,710 |
| Total bank equity capital | $1,710 |
| Perpetual preferred stock | $0 |
| Common stock | $350 |
| Surplus | $1,545 |
| Undivided profits | $-185 |
| 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 | $16 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $74 |
| Average Assets, year-to-date | $18,053 |
| Average Assets, quarterly | $3,006 |
| Volatile liabilities | $20,188 |
| Insider loans | $20,449 |
| FHLB advances | $12,111 |
| Loans and leases held for sale | $20,687 |
| Unused loan commitments | $372 |
| Tier 1 (core) risk-based capital | $372 |
| Tier 2 risk-based capital | $1,679 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $1,403 |
| Derivatives | $180 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $875 |
| Total interest expense | $188 |
| Net interest income | $687 |
| Provision for loan and lease losses | $20 |
| Total noninterest income | $124 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $39 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $85 |
| Total noninterest expense | $701 |
| Salaries and employee benefits | $336 |
| Premises and equipment expense | $93 |
| Additional noninterest expense | $272 |
| Pre-tax net operating income | $90 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $2 |
| Income before extraordinary items | $88 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $88 |
| Net charge-offs | $0 |
| Cash dividends | $88 |
| Sale, conversion, retirement of capital stock, net | $140 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.90% |
| Cost of funding earning assets | 1.05% |
| Net interest margin | 3.85% |
| Noninterest income to earning assets | 0.69% |
| Noninterest expense to earning assets | 3.93% |
| Net operating income to assets | 0.44% |
| Return on assets (ROA) | 0.44% |
| Pretax return on assets | 0.45% |
| Return on equity (ROE) | 5.28% |
| Retained earnings to average equity (YTD only) | 5.28% |
| Net charge-offs to loans | 1.23% |
| Credit loss provision to net charge-offs | 14.29% |
| Efficiency ratio | 0.79% |
| Assets per employee | $86,436 |
| Cash dividends to net income (YTD only) | 3.43% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 1.65% |
| Noncurrent assets plus other real estate owned to assets | 1193.75% |
| Noncurrent loans to loans | 0.40% |
| Net loans and leases to deposits | 0.14% |
| Net loans and leases to core deposits | 60.83% |
| Equity capital to assets | 60.83% |
| Core capital (leverage) ratio | 8.32% |
| Tier 1 risk-based capital ratio | 8.12% |
| Total risk-based capital ratio | 13.86% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $20,188 |
| Average equity | $1,665 |
| Average loans | $17,850 |
| 1 Minnesota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 5225 | State Bank Of Hamburg | 591 Park Avenue, Hamburg, MN 55339 | December 05, 1904 | Full Service Brick and Mortar |  |
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