Bank of Glen Ullin in Glen Ullin, North Dakota (ND)



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Bank of Glen Ullin routing number info

Table of contents:
Bank of Glen Ullin
GeneralFDIC Certificate #: 16527
Status: Active
Federal Reserve ID: 993353
Bank Holding Company (Regulatory Top Holder): Trinity Investments, Inc. (RSSDID: 3556656, Location: Glen Ullin, ND)
Date Established: January 02, 1947
WWW: http://www.bankofglenullin.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 10680
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 02, 1947
Last Structure Change Effective Date: November 01, 2007
Last Structure Change Process Date: Febuary 04, 2008
Last Data Update: Febuary 04, 2008
Data Source Date: April 05, 2012
LocationAddress: 106 South Avenue West, Glen Ullin, ND 58631
County: Morton
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Bismarck, ND (#1010)
Core Based Statistical Area (CBSA): Bismarck, ND (#13900)
CBSA Metro Statistical Area: Bismarck, ND (#13900)
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Becomes a Member of FRS (Federal Reserve System)
Financial SummaryTotal assets: $42.5 mil
Equity capital: $5.0 mil
Deposits held in domestic offices: $37.2 mil
Return on assets (ROA): 2.02% ($0.8 mil)
Quarterly return on assets: 1.34% ($0.6 mil)
Return on Equity (ROE): 17.08% ($0.9 mil)
Quarterly return on equity: 11.57% ($0.6 mil)
Net income: $0.8 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 2.17% ($921.5 mil)
Quarterly Pretax return on assets: 1.45% ($615.7 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)10
Total assets$42,465
Cash and due from depository institutions$1,129
Interest-bearing balances$144
Securities$1,232
Federal funds sold & reverse repurchase agreements$3,000
Net loans & leases$34,563
Loan loss allowance $226
Trading account assets$0
Bank premises and fixed assets$728
Other real estate owned$0
Goodwill and other intangibles$925
All other assets$888
Life insurance assets$42,465
Total liabilities and capital$37,493
Total liabilities$37,229
Total deposits$34,265
Interest-bearing deposits$37,229
Deposits held in domestic offices$95
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $264
All other liabilities $4,972
Total equity capital$4,972
Total bank equity capital$4,972
Perpetual preferred stock$0
Common stock$150
Surplus$4,122
Undivided profits $700
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 $260
Earning assets $0
Long-term assets (5+ years) $579
Average Assets, year-to-date $38,939
Average Assets, quarterly $1,710
Volatile liabilities $40,852
Insider loans $42,828
FHLB advances $37,055
Loans and leases held for sale $40,809
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,961
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,260
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,238
Total interest expense $395
Net interest income $1,843
Provision for loan and lease losses $24
Total noninterest income $57
Fiduciary activities $0
Service charges on deposit accounts $22
Trading account gains & fees $0
Additional noninterest income $35
Total noninterest expense $989
Salaries and employee benefits $565
Premises and equipment expense $77
Additional noninterest expense $347
Pre-tax net operating income $887
Securities gains (losses) $0
Applicable income taxes $62
Income before extraordinary items $825
Extraordinary gains - net $0
Net income attributable to bank $825
Net charge-offs $0
Cash dividends $825
Sale, conversion, retirement of capital stock, net $3
Net operating income $590
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.03%
Cost of funding earning assets 1.06%
Net interest margin 4.96%
Noninterest income to earning assets 0.15%
Noninterest expense to earning assets 2.66%
Net operating income to assets 2.02%
Return on assets (ROA) 2.02%
Pretax return on assets 2.17%
Return on equity (ROE) 17.08%
Retained earnings to average equity (YTD only) 4.87%
Net charge-offs to loans 0.01%
Credit loss provision to net charge-offs 800.00%
Efficiency ratio303.67%
Assets per employee$47,632
Cash dividends to net income (YTD only)4.25%
Condition Ratios (%)
Loss allowance to loans 71.52%
Loss allowance to noncurrent loans 0.65%
Noncurrent assets plus other real estate owned to assets 86.92%
Noncurrent loans to loans 0.61%
Net loans and leases to deposits0.75%
Net loans and leases to core deposits 92.84%
Equity capital to assets 103.42%
Core capital (leverage) ratio 11.71%
Tier 1 risk-based capital ratio 9.71%
Total risk-based capital ratio 10.69%
Memoranda
Average assets$11
Average earning assets$40,852
Average equity $4,829
Average loans $37,122
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1 North Dakota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010680Bank Of Glen Ullin106 South Avenue West, Glen Ullin, ND 58631January 02, 1947Full Service Brick and Mortar
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