American Federal Bank, A Federal Savings Bank in Madison, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 03, 1996

  • American Federal Bank, A Federal Savings Bank in Madison, South Dakota (SD)
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American Federal Bank, A Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29242
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Great Western Bank (#15289)
    Federal Reserve ID: 848574
    Date Established: January 01, 1888
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3157
    FDIC's unique #: 42076
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: June 17, 1965
    Last Structure Change Effective Date: June 03, 1996
    Last Structure Change Process Date: June 13, 1996
    Last Data Update: June 13, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Egan Avenue At Second Street, Madison, SD 57042
    County: Lake
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $53.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $14Total assets
  • $56,837Cash and due from depository institutions
  • $7,639Interest-bearing balances
  • $7,399Securities
  • $22,684Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $25,330Loan loss allowance
  • $127Trading account assets
  • $0Bank premises and fixed assets
  • $511Other real estate owned
  • $0Goodwill and other intangibles
  • $673Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $56,837Total liabilities
  • $50,377Total deposits
  • $49,601Interest-bearing deposits
  • $49,024Deposits held in domestic offices
  • 49601.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $776Total equity capital
  • $776Total bank equity capital
  • $6,460Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,356Undivided profits
  • Memoranda
  • $5,103Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12Income earned, not collected on loans
  • $143Earning assets
  • $55,413Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $53,186Average Assets, quarterly
  • $54,738Volatile liabilities
  • $8,285Insider loans
  • $38FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $831Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,460Total risk weighted assets
  • $24,195Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,748Total interest expense
  • $2,197Net interest income
  • $1,551Provision for loan and lease losses
  • $0Total noninterest income
  • $237Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $237Total noninterest expense
  • $1,077Salaries and employee benefits
  • $564Premises and equipment expense
  • $214Additional noninterest expense
  • $299Pre-tax net operating income
  • $711Securities gains (losses)
  • $33Applicable income taxes
  • $252Income before extraordinary items
  • $492Extraordinary gains - net
  • $0Net income attributable to bank
  • $492Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.23%Cost of funding earning assets
  • 4.24%Net interest margin
  • 2.99%Noninterest income to earning assets
  • 0.46%Noninterest expense to earning assets
  • 2.08%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 1.40%Return on equity (ROE)
  • 7.95%Retained earnings to average equity (YTD only)
  • 7.95%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 60,235Assets per employee
  • 4.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 1058.33%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 51.07%Net loans and leases to core deposits
  • 61.31%Equity capital to assets
  • 11.37%Core capital (leverage) ratio
  • 11.37%Tier 1 risk-based capital ratio
  • 26.70%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $53,186Average earning assets
  • $6,192Average equity
  • $51,816Average loans

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