American State Bank of Pierre in Pierre, South Dakota (SD)



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American State Bank of Pierre routing number info

Table of contents:
American State Bank of Pierre
GeneralFDIC Certificate #: 22554
Status: Active
Federal Reserve ID: 600651
Bank Holding Company (Regulatory Top Holder): Asb Bank Holding Company (RSSDID: 1128545, Location: Pierre, SD)
Date Established: November 04, 1977
WWW: http://www.asbpierre.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 15730
Numeric code: 13
Regulator: FED
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: November 04, 1977
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: 700 East Sioux Avenue, Pierre, SD 57501
County: Hughes
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
Core Based Statistical Area (CBSA): Pierre, SD (#38180)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $148.5 mil
Equity capital: $14.8 mil
Deposits held in domestic offices: $133.2 mil
Return on assets (ROA): 1.17% ($1.7 mil)
Quarterly return on assets: 1.27% ($1.9 mil)
Return on Equity (ROE): 11.72% ($1.8 mil)
Quarterly return on equity: 12.19% ($1.8 mil)
Net income: $1.6 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.78% ($2,642.6 mil)
Quarterly Pretax return on assets: 1.95% ($2,895.0 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)25
Total assets$148,463
Cash and due from depository institutions$19,773
Interest-bearing balances$12,800
Securities$61,820
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$62,839
Loan loss allowance $922
Trading account assets$0
Bank premises and fixed assets$1,323
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,708
Life insurance assets$148,463
Total liabilities and capital$133,679
Total liabilities$133,195
Total deposits$97,054
Interest-bearing deposits$133,195
Deposits held in domestic offices$71
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $484
All other liabilities $14,784
Total equity capital$14,784
Total bank equity capital$14,784
Perpetual preferred stock$0
Common stock$700
Surplus$8,800
Undivided profits $5,284
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $750
Income earned, not collected on loans $587
Earning assets $0
Long-term assets (5+ years) $1,279
Average Assets, year-to-date $137,459
Average Assets, quarterly $33,231
Volatile liabilities $139,211
Insider loans $140,502
FHLB advances $78,170
Loans and leases held for sale $147,148
Unused loan commitments $33
Tier 1 (core) risk-based capital $33
Tier 2 risk-based capital $14,465
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,713
Derivatives$1,725
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,470
Total interest expense $681
Net interest income $4,789
Provision for loan and lease losses $0
Total noninterest income $793
Fiduciary activities $0
Service charges on deposit accounts $564
Trading account gains & fees $0
Additional noninterest income $229
Total noninterest expense $3,302
Salaries and employee benefits $1,973
Premises and equipment expense $462
Additional noninterest expense $867
Pre-tax net operating income $2,280
Securities gains (losses) $202
Applicable income taxes $848
Income before extraordinary items $1,634
Extraordinary gains - net $0
Net income attributable to bank $1,634
Net charge-offs $0
Cash dividends $1,634
Sale, conversion, retirement of capital stock, net $98
Net operating income $1,200
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.19%
Cost of funding earning assets 0.52%
Net interest margin 3.67%
Noninterest income to earning assets 0.61%
Noninterest expense to earning assets 2.53%
Net operating income to assets 1.08%
Return on assets (ROA) 1.17%
Pretax return on assets 1.78%
Return on equity (ROE) 11.72%
Retained earnings to average equity (YTD only) 3.11%
Net charge-offs to loans 0.15%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio23.27%
Assets per employee$59,154
Cash dividends to net income (YTD only)5.94%
Condition Ratios (%)
Loss allowance to loans 73.44%
Loss allowance to noncurrent loans 1.45%
Noncurrent assets plus other real estate owned to assets 157.07%
Noncurrent loans to loans 0.40%
Net loans and leases to deposits0.92%
Net loans and leases to core deposits 47.18%
Equity capital to assets 50.46%
Core capital (leverage) ratio 9.96%
Tier 1 risk-based capital ratio 9.83%
Total risk-based capital ratio 18.50%
Memoranda
Average assets$20
Average earning assets$139,211
Average equity $13,937
Average loans $130,615
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2 South Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
015730American State Bank Of Pierre700 East Sioux Avenue, Pierre, SD 57501November 04, 1977Full Service Brick and Mortar
1492906American State Bank - Assisted Livin400 Parkwood Drive, Pierre, SD 57501January 01, 2009Limited Service Mobile
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