Bonanza Valley State Bank in Brooten, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bonanza Valley State Bank - Overview

  • General
  • FDIC Certificate #: 10993
    Status: Active
    Federal Reserve ID: 107758
    Date Established: Febuary 22, 1894
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 7044
    Numeric code: 21
    Regulator: FDIC
    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 01, 1934
    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: First Street And Central Avenue, Brooten, MN 56316
    County: Stearns
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Cloud, MN (#6980)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
    CBSA Metro Statistical Area: St. Cloud, MN (#41060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $48.1 mil
    Equity capital: $4.2 mil
    Deposits held in domestic offices: $39.6 mil
    Return on assets (ROA): 0.63% ($0.3 mil)
    Quarterly return on assets: -0.25% (-$0.1 mil)
    Return on Equity (ROE): 7.27% ($0.3 mil)
    Quarterly return on equity: -2.91% (-$0.1 mil)
    Net income: $0.3 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.63% ($303.3 mil)
    Quarterly Pretax return on assets: -0.25% (-$120.3 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
  • 10Total employees (full-time equivalent)
  • $48,137Total assets
  • $4,161Cash and due from depository institutions
  • $3,037Interest-bearing balances
  • $3,281Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $38,533Net loans & leases
  • $525Loan loss allowance
  • $0Trading account assets
  • $307Bank premises and fixed assets
  • $87Other real estate owned
  • $0Goodwill and other intangibles
  • $48,137Life insurance assets
  • $1,768All other assets
  • $43,890Total liabilities and capital
  • $39,582Total liabilities
  • $37,060Total deposits
  • $39,582Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,122Trading liabilities
  • $0Other borrowed funds
  • $186Subordinated debt
  • $4,247All other liabilities
  • $4,247Total equity capital
  • $4,247Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $3,734Surplus
  • $413Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,797Income earned, not collected on loans
  • $0Earning assets
  • $425Long-term assets (5+ years)
  • $44,851Average Assets, year-to-date
  • $10,021Average Assets, quarterly
  • $49,449Volatile liabilities
  • $49,502Insider loans
  • $44,082FHLB advances
  • $50,505Loans and leases held for sale
  • $650Unused loan commitments
  • $650Tier 1 (core) risk-based capital
  • $4,147Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,018Restructured Loans and leases
  • $65Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,656Total interest income
  • $801Total interest expense
  • $1,855Net interest income
  • $360Provision for loan and lease losses
  • $122Total noninterest income
  • $0Fiduciary activities
  • $85Service charges on deposit accounts
  • $0Trading account gains & fees
  • $37Additional noninterest income
  • $1,363Total noninterest expense
  • $700Salaries and employee benefits
  • $158Premises and equipment expense
  • $505Additional noninterest expense
  • $254Pre-tax net operating income
  • $59Securities gains (losses)
  • $0Applicable income taxes
  • $313Income before extraordinary items
  • $0Extraordinary gains - net
  • $313Net income attributable to bank
  • $0Net charge-offs
  • $313Cash dividends
  • $243Sale, conversion, retirement of capital stock, net
  • $568Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.73%Yield on earning assets
  • 1.73%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 2.94%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 7.27%Return on equity (ROE)
  • -5.93%Retained earnings to average equity (YTD only)
  • 0.61%Net charge-offs to loans
  • 148.15%Credit loss provision to net charge-offs
  • 2.53%Efficiency ratio
  • 68,943Assets per employee
  • 4.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 181.47%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 29.22%Noncurrent assets plus other real estate owned to assets
  • 3.91%Noncurrent loans to loans
  • 4.60%Net loans and leases to deposits
  • 97.35%Net loans and leases to core deposits
  • 120.45%Equity capital to assets
  • 8.82%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 9.41%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $49,449Average earning assets
  • $4,303Average equity
  • $46,347Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07044Bonanza Valley State BankFirst Street And Central Avenue, Brooten, MN 56316Febuary 22, 1894Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bonanza Valley State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents