American State Bank & Trust Company of Williston in Williston, North Dakota (ND)



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American State Bank & Trust Company of Williston routing number info

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American State Bank & Trust Company of Williston
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)77
Total assets$467,132
Cash and due from depository institutions$15,810
Interest-bearing balances$791
Securities$243,578
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$193,687
Loan loss allowance $4,057
Trading account assets$0
Bank premises and fixed assets$3,799
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$10,258
Life insurance assets$467,132
Total liabilities and capital$429,901
Total liabilities$417,393
Total deposits$291,948
Interest-bearing deposits$417,393
Deposits held in domestic offices$73
% insured (estimated)9713.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,795
All other liabilities $37,231
Total equity capital$37,231
Total bank equity capital$37,231
Perpetual preferred stock$0
Common stock$3,000
Surplus$4,524
Undivided profits $29,707
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 $1,665
Earning assets $219
Long-term assets (5+ years) $3,087
Average Assets, year-to-date $438,056
Average Assets, quarterly $214,596
Volatile liabilities $418,673
Insider loans $445,787
FHLB advances $241,575
Loans and leases held for sale $447,947
Unused loan commitments $5,160
Tier 1 (core) risk-based capital $2,696
Tier 2 risk-based capital $31,237
Total risk weighted assets $0
Total unused commitments $2,464
Restructured Loans and leases $35,749
Derivatives$258
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $16,677
Total interest expense $1,657
Net interest income $15,020
Provision for loan and lease losses $1,150
Total noninterest income $2,863
Fiduciary activities $1,242
Service charges on deposit accounts $325
Trading account gains & fees $0
Additional noninterest income $1,296
Total noninterest expense $8,185
Salaries and employee benefits $4,946
Premises and equipment expense $480
Additional noninterest expense $2,759
Pre-tax net operating income $8,548
Securities gains (losses) $259
Applicable income taxes $131
Income before extraordinary items $8,676
Extraordinary gains - net $0
Net income attributable to bank $8,676
Net charge-offs $0
Cash dividends $8,676
Sale, conversion, retirement of capital stock, net $342
Net operating income $4,054
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.23%
Cost of funding earning assets 0.42%
Net interest margin 3.81%
Noninterest income to earning assets 0.73%
Noninterest expense to earning assets 2.07%
Net operating income to assets 2.01%
Return on assets (ROA) 2.07%
Pretax return on assets 2.10%
Return on equity (ROE) 26.86%
Retained earnings to average equity (YTD only) 14.31%
Net charge-offs to loans 0.19%
Credit loss provision to net charge-offs 336.26%
Efficiency ratio28.36%
Assets per employee$45,770
Cash dividends to net income (YTD only)6.07%
Condition Ratios (%)
Loss allowance to loans 46.73%
Loss allowance to noncurrent loans 2.05%
Noncurrent assets plus other real estate owned to assets 243.66%
Noncurrent loans to loans 0.36%
Net loans and leases to deposits0.84%
Net loans and leases to core deposits 46.40%
Equity capital to assets 47.69%
Core capital (leverage) ratio 7.97%
Tier 1 risk-based capital ratio 6.97%
Total risk-based capital ratio 12.93%
Memoranda
Average assets$14
Average earning assets$418,673
Average equity $32,305
Average loans $394,675
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$374,287
Number of Accounts1
Personal trust and agency accounts$307,065
Employee benefit-defined contribution accounts$50,178
Employee benefit-defined benefit accounts$22,336
Other retirement accounts$0
Corporate trust and agency accounts$6,400
Investment management agency accounts$0
Other fiduciary accounts$226,053
Fiduciary accounts held in foreign offices$1,462
Non-managed Assets$636
Number of Accounts673
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$5,229
Employee benefit-defined benefit accounts$0
Other retirement accounts$67,222
Corporate trust and agency accounts$4,306
Other fiduciary accounts$13,994
Fiduciary accounts held in foreign offices$15,192
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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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