American State Bank & Trust Company of Williston in Williston, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches


American State Bank & Trust Company of Williston - Overview

  • General
  • FDIC Certificate #: 15444
    Status: Active
    Federal Reserve ID: 244251
    Bank Holding Company (Regulatory Top Holder): American State Bank Holding Company, Inc. (RSSDID: 2632571, Location: Williston, ND)
    Date Established: December 01, 1936
    WWW: http://www.asbt.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 12190
    FDIC's unique #: 9756
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: December 18, 1936
    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: 223 Main Street, Williston, ND 58801
    County: Williams
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Williston, ND (#48780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $467.1 mil
    Equity capital: $37.2 mil
    Deposits held in domestic offices: $417.4 mil
    Return on assets (ROA): 2.07% ($9.7 mil)
    Quarterly return on assets: 2.08% ($9.7 mil)
    Return on Equity (ROE): 26.86% ($9.9 mil)
    Quarterly return on equity: 25.79% ($9.5 mil)
    Net income: $8.7 mil
    Quarterly Net income: $2.3 mil
    Pretax return on assets: 2.10% ($9,809.8 mil)
    Quarterly Pretax return on assets: 2.11% ($9,856.5 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 77Total employees (full-time equivalent)
  • $467,132Total assets
  • $15,810Cash and due from depository institutions
  • $791Interest-bearing balances
  • $243,578Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $193,687Net loans & leases
  • $4,057Loan loss allowance
  • $0Trading account assets
  • $3,799Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $467,132Life insurance assets
  • $10,258All other assets
  • $429,901Total liabilities and capital
  • $417,393Total liabilities
  • $291,948Total deposits
  • $417,393Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 9713.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,795Subordinated debt
  • $37,231All other liabilities
  • $37,231Total equity capital
  • $37,231Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $4,524Surplus
  • $29,707Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,665Income earned, not collected on loans
  • $219Earning assets
  • $3,087Long-term assets (5+ years)
  • $438,056Average Assets, year-to-date
  • $214,596Average Assets, quarterly
  • $418,673Volatile liabilities
  • $445,787Insider loans
  • $241,575FHLB advances
  • $447,947Loans and leases held for sale
  • $5,160Unused loan commitments
  • $2,696Tier 1 (core) risk-based capital
  • $31,237Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,464Total unused commitments
  • $35,749Restructured Loans and leases
  • $258Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,677Total interest income
  • $1,657Total interest expense
  • $15,020Net interest income
  • $1,150Provision for loan and lease losses
  • $2,863Total noninterest income
  • $1,242Fiduciary activities
  • $325Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,296Additional noninterest income
  • $8,185Total noninterest expense
  • $4,946Salaries and employee benefits
  • $480Premises and equipment expense
  • $2,759Additional noninterest expense
  • $8,548Pre-tax net operating income
  • $259Securities gains (losses)
  • $131Applicable income taxes
  • $8,676Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,676Net income attributable to bank
  • $0Net charge-offs
  • $8,676Cash dividends
  • $342Sale, conversion, retirement of capital stock, net
  • $4,054Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.23%Yield on earning assets
  • 0.42%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 2.07%Noninterest expense to earning assets
  • 2.01%Net operating income to assets
  • 2.07%Return on assets (ROA)
  • 2.10%Pretax return on assets
  • 26.86%Return on equity (ROE)
  • 14.31%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 336.26%Credit loss provision to net charge-offs
  • 28.36%Efficiency ratio
  • 45,770Assets per employee
  • 6.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.73%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 243.66%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 46.40%Net loans and leases to core deposits
  • 47.69%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 6.97%Tier 1 risk-based capital ratio
  • 12.93%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $418,673Average earning assets
  • $32,305Average equity
  • $394,675Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $374,287Managed Assets
  • 1Number of Accounts
  • $307,065Personal trust and agency accounts
  • $50,178Employee benefit-defined contribution accounts
  • $22,336Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $6,400Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $226,053Other fiduciary accounts
  • $1,462Fiduciary accounts held in foreign offices
  • $636Non-managed Assets
  • 673Number of Accounts
  • $0Personal trust and agency accounts
  • $5,229Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $67,222Other retirement accounts
  • $4,306Corporate trust and agency accounts
  • $13,994Other fiduciary accounts
  • $15,192Fiduciary accounts held in foreign offices

List of branches

  • 2 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09756American State Bank & Trust Company223 Main Street, Williston, ND 58801December 01, 1936Full Service Brick and Mortar
    1233984North Branch2523 Second Avenue West, Williston, ND 58801March 18, 1963Limited Service Facility

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