Citizens State Bank of Lankin in Lankin, North Dakota (ND)

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Citizens State Bank of Lankin routing number info

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Citizens State Bank of Lankin
GeneralFDIC Certificate #: 9422
Status: Active
Federal Reserve ID: 940852
Bank Holding Company (Regulatory Top Holder): Citizens State Bancshares, Inc. (RSSDID: 2253060, Location: Lankin, ND)
Date Established: May 15, 1905
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 6053
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: September 06, 2007
Last Data Update: September 06, 2007
Data Source Date: April 05, 2012
LocationAddress: 401 Main Street, Lankin, ND 58250
County: Walsh
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
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $40.4 mil
Equity capital: $3.5 mil
Deposits held in domestic offices: $36.8 mil
Return on assets (ROA): 0.94% ($0.4 mil)
Quarterly return on assets: 0.27% ($0.1 mil)
Return on Equity (ROE): 11.07% ($0.3 mil)
Quarterly return on equity: 3.12% ($0.1 mil)
Net income: $0.4 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.94% ($380.0 mil)
Quarterly Pretax return on assets: 0.27% ($109.1 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)12
Total assets$40,422
Cash and due from depository institutions$3,993
Interest-bearing balances$744
Federal funds sold & reverse repurchase agreements$1,500
Net loans & leases$25,744
Loan loss allowance $455
Trading account assets$0
Bank premises and fixed assets$828
Other real estate owned$570
Goodwill and other intangibles$0
All other assets$614
Life insurance assets$40,422
Total liabilities and capital$36,956
Total liabilities$36,839
Total deposits$29,107
Interest-bearing deposits$36,839
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $117
All other liabilities $3,466
Total equity capital$3,466
Total bank equity capital$3,466
Perpetual preferred stock$0
Common stock$125
Undivided profits $666
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 $0
Earning assets $0
Long-term assets (5+ years) $445
Average Assets, year-to-date $35,161
Average Assets, quarterly $7,252
Volatile liabilities $38,707
Insider loans $39,334
FHLB advances $30,151
Loans and leases held for sale $38,898
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,345
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $6,515
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,914
Total interest expense $246
Net interest income $1,668
Provision for loan and lease losses $0
Total noninterest income $46
Fiduciary activities $0
Service charges on deposit accounts $41
Trading account gains & fees $0
Additional noninterest income $5
Total noninterest expense $1,369
Salaries and employee benefits $632
Premises and equipment expense $205
Additional noninterest expense $532
Pre-tax net operating income $345
Securities gains (losses) $20
Applicable income taxes $0
Income before extraordinary items $365
Extraordinary gains - net $0
Net income attributable to bank $365
Net charge-offs $0
Cash dividends $365
Sale, conversion, retirement of capital stock, net $8
Net operating income $180
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.57%
Cost of funding earning assets 0.72%
Net interest margin 4.85%
Noninterest income to earning assets 0.13%
Noninterest expense to earning assets 3.98%
Net operating income to assets 0.89%
Return on assets (ROA) 0.94%
Pretax return on assets 0.94%
Return on equity (ROE) 11.07%
Retained earnings to average equity (YTD only) 5.61%
Net charge-offs to loans 0.03%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio43.13%
Assets per employee$79,872
Cash dividends to net income (YTD only)3.37%
Condition Ratios (%)
Loss allowance to loans 49.32%
Loss allowance to noncurrent loans 1.74%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 1.41%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 69.88%
Equity capital to assets 70.38%
Core capital (leverage) ratio 8.57%
Tier 1 risk-based capital ratio 8.60%
Total risk-based capital ratio 11.09%
Average assets$12
Average earning assets$38,707
Average equity $3,298
Average loans $34,389
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4 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06053Citizens State Bank Of Lankin401 Main Street, Lankin, ND 58250May 15, 1905Full Service Brick and Mortar
1220114Paying And Receiving Branch230 Main Street, Edinburg, ND 58227March 28, 1938Full Service Brick and Mortar
2220115Paying And Receiving BranchMain Street, Edmore, ND 58330October 25, 1937Full Service Brick and Mortar
3361876Park River Branch317 Briggs Avenue, Park River, ND 58270August 27, 2001Full Service Brick and Mortar
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