Citizens State Bank of Roseau in Roseau, Minnesota (MN)

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Citizens State Bank of Roseau routing number info

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Citizens State Bank of Roseau
GeneralFDIC Certificate #: 10167
Status: Active
Federal Reserve ID: 822051
Bank Holding Company (Regulatory Top Holder): Roseau Realty Co., Inc. (RSSDID: 2613589, Location: Roseau, MN)
Date Established: May 03, 1905
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 15719
FDIC's unique #: 6508
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
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
LocationAddress: 118 Main Avenue South, 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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $191.7 mil
Equity capital: $25.9 mil
Deposits held in domestic offices: $161.1 mil
Return on assets (ROA): 1.68% ($3.2 mil)
Quarterly return on assets: 1.71% ($3.3 mil)
Return on Equity (ROE): 12.94% ($3.4 mil)
Quarterly return on equity: 12.60% ($3.3 mil)
Net income: $3.2 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.68% ($3,220.2 mil)
Quarterly Pretax return on assets: 1.71% ($3,277.7 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)41
Total assets$191,678
Cash and due from depository institutions$5,286
Interest-bearing balances$1,000
Federal funds sold & reverse repurchase agreements$6,850
Net loans & leases$81,012
Loan loss allowance $1,125
Trading account assets$0
Bank premises and fixed assets$885
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,583
Life insurance assets$191,678
Total liabilities and capital$165,742
Total liabilities$161,053
Total deposits$137,995
Interest-bearing deposits$161,053
Deposits held in domestic offices$80
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,000
Other borrowed funds $0
Subordinated debt $689
All other liabilities $25,936
Total equity capital$25,936
Total bank equity capital$25,936
Perpetual preferred stock$0
Common stock$200
Undivided profits $15,736
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 $478
Earning assets $0
Long-term assets (5+ years) $1,350
Average Assets, year-to-date $183,924
Average Assets, quarterly $58,439
Volatile liabilities $189,395
Insider loans $190,032
FHLB advances $112,880
Loans and leases held for sale $191,238
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $22,840
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,947
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,738
Total interest expense $1,510
Net interest income $6,228
Provision for loan and lease losses $186
Total noninterest income $991
Fiduciary activities $0
Service charges on deposit accounts $397
Trading account gains & fees $0
Additional noninterest income $594
Total noninterest expense $3,870
Salaries and employee benefits $2,536
Premises and equipment expense $428
Additional noninterest expense $906
Pre-tax net operating income $3,163
Securities gains (losses) $22
Applicable income taxes $2
Income before extraordinary items $3,183
Extraordinary gains - net $0
Net income attributable to bank $3,183
Net charge-offs $0
Cash dividends $3,183
Sale, conversion, retirement of capital stock, net $61
Net operating income $2,180
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.24%
Cost of funding earning assets 0.83%
Net interest margin 3.41%
Noninterest income to earning assets 0.54%
Noninterest expense to earning assets 2.12%
Net operating income to assets 1.67%
Return on assets (ROA) 1.68%
Pretax return on assets 1.68%
Return on equity (ROE) 12.94%
Retained earnings to average equity (YTD only) 4.08%
Net charge-offs to loans 0.08%
Credit loss provision to net charge-offs 304.92%
Efficiency ratio54.90%
Assets per employee$53,609
Cash dividends to net income (YTD only)4.68%
Condition Ratios (%)
Loss allowance to loans 68.49%
Loss allowance to noncurrent loans 1.37%
Noncurrent assets plus other real estate owned to assets 235.36%
Noncurrent loans to loans 0.25%
Net loans and leases to deposits0.58%
Net loans and leases to core deposits 50.30%
Equity capital to assets 61.95%
Core capital (leverage) ratio 13.53%
Tier 1 risk-based capital ratio 11.94%
Total risk-based capital ratio 20.23%
Average assets$21
Average earning assets$189,395
Average equity $24,597
Average loans $182,653
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1 Minnesota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06508Citizens State Bank Of Roseau118 Main Avenue South, Roseau, MN 56751May 03, 1905Full Service Brick and Mortar
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