Border State Bank in Roseau, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 11, 2003

  • Border State Bank in Roseau, Minnesota (MN)
  • Show street view No street view available for this location

Border State Bank - Overview

  • General
  • FDIC Certificate #: 16777
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Border State Bank (#15684)
    Federal Reserve ID: 300559
    Date Established: March 18, 1949
    WWW: http://www.borderstatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 11355
    FDIC's unique #: 10888
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 21, 1949
    Last Structure Change Effective Date: August 11, 2003
    Last Structure Change Process Date: September 02, 2003
    Last Data Update: September 02, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 1083 Third Street Northwest, Roseau, MN 56751
    County: Roseau
    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
  • Financial Summary
  • Total assets: $77.7 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, 2002)

  • Dollar figures in thousands
  • 40Total employees (full-time equivalent)
  • $75,404Total assets
  • $3,704Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,153Securities
  • $1,305Federal funds sold & reverse repurchase agreements
  • $60,006Net loans & leases
  • $597Loan loss allowance
  • $0Trading account assets
  • $2,718Bank premises and fixed assets
  • $104Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,414All other assets
  • $75,404Total liabilities and capital
  • $69,581Total liabilities
  • $61,477Total deposits
  • $50,712Interest-bearing deposits
  • $61,477Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,234Other borrowed funds
  • $0Subordinated debt
  • $870All other liabilities
  • $5,823Total equity capital
  • $5,823Total bank equity capital
  • $5,823Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $3,678Undivided profits
  • Memoranda
  • $2,045Noncurrent loans and leases
  • $7,978Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $515Earning assets
  • $34Long-term assets (5+ years)
  • $618Average Assets, year-to-date
  • $67,464Average Assets, quarterly
  • $7,857Volatile liabilities
  • $71,792Insider loans
  • $75,395FHLB advances
  • $7,878Loans and leases held for sale
  • $813Unused loan commitments
  • $7,234Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,738Total risk weighted assets
  • $7,978Total unused commitments
  • $0Restructured Loans and leases
  • $597Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $5,117Total interest income
  • $1,732Total interest expense
  • $3,385Net interest income
  • $285Provision for loan and lease losses
  • $782Total noninterest income
  • $0Fiduciary activities
  • $390Service charges on deposit accounts
  • $0Trading account gains & fees
  • $392Additional noninterest income
  • $2,755Total noninterest expense
  • $1,497Salaries and employee benefits
  • $458Premises and equipment expense
  • $800Additional noninterest expense
  • $1,127Pre-tax net operating income
  • $0Securities gains (losses)
  • $454Applicable income taxes
  • $673Income before extraordinary items
  • $0Extraordinary gains - net
  • $673Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $170Sale, conversion, retirement of capital stock, net
  • $111Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.96%Yield on earning assets
  • 2.69%Cost of funding earning assets
  • 5.26%Net interest margin
  • 1.22%Noninterest income to earning assets
  • 4.28%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.57%Pretax return on assets
  • 12.19%Return on equity (ROE)
  • 10.18%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 167.65%Credit loss provision to net charge-offs
  • 8.31%Efficiency ratio
  • 66,115Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.49%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 115.92%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 97.61%Net loans and leases to core deposits
  • 110.63%Equity capital to assets
  • 7.72%Core capital (leverage) ratio
  • 7.57%Tier 1 risk-based capital ratio
  • 9.74%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $71,792Average earning assets
  • $5,521Average equity
  • $64,311Average loans

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