Community First State Bank of Lemmon in Lemmon, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 1995

  • Community First State Bank of Lemmon in Lemmon, South Dakota (SD)
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Community First State Bank of Lemmon - Overview

  • General
  • FDIC Certificate #: 27060
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First State Bank (#27062)
    Federal Reserve ID: 350059
    Date Established: October 01, 1987
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 11828
    FDIC's unique #: 38659
    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: October 01, 1987
    Last Structure Change Effective Date: January 03, 1995
    Last Structure Change Process Date: January 25, 1995
    Last Data Update: January 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 214 Main Street, Lemmon, SD 57638
    County: Perkins
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $29.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $29,663Cash and due from depository institutions
  • $1,107Interest-bearing balances
  • $107Securities
  • $13,015Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $14,732Loan loss allowance
  • $205Trading account assets
  • $0Bank premises and fixed assets
  • $281Other real estate owned
  • $62Goodwill and other intangibles
  • $466Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $29,663Total liabilities
  • $27,216Total deposits
  • $24,840Interest-bearing deposits
  • $22,463Deposits held in domestic offices
  • 24840.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $280Trading liabilities
  • $0Other borrowed funds
  • $1,850Subordinated debt
  • $0All other liabilities
  • $246Total equity capital
  • $246Total bank equity capital
  • $2,447Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $400Undivided profits
  • Memoranda
  • $47Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $39Income earned, not collected on loans
  • $158Earning assets
  • $27,854Long-term assets (5+ years)
  • $4,859Average Assets, year-to-date
  • $28,463Average Assets, quarterly
  • $29,072Volatile liabilities
  • $3,135Insider loans
  • $226FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,854Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,454Total risk weighted assets
  • $18,087Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,826Total interest expense
  • $727Net interest income
  • $1,099Provision for loan and lease losses
  • $2Total noninterest income
  • $64Fiduciary activities
  • $0Service charges on deposit accounts
  • $51Trading account gains & fees
  • $0Additional noninterest income
  • $13Total noninterest expense
  • $717Salaries and employee benefits
  • $234Premises and equipment expense
  • $82Additional noninterest expense
  • $401Pre-tax net operating income
  • $444Securities gains (losses)
  • $7Applicable income taxes
  • $163Income before extraordinary items
  • $288Extraordinary gains - net
  • $0Net income attributable to bank
  • $288Net charge-offs
  • $2Cash dividends
  • $255Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.75%Cost of funding earning assets
  • 2.69%Net interest margin
  • 4.06%Noninterest income to earning assets
  • 0.24%Noninterest expense to earning assets
  • 2.65%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 1.58%Return on equity (ROE)
  • 11.74%Retained earnings to average equity (YTD only)
  • 1.35%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 100.00%Efficiency ratio
  • 61,651Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.54%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 525.64%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 59.31%Net loans and leases to core deposits
  • 61.81%Equity capital to assets
  • 8.25%Core capital (leverage) ratio
  • 8.49%Tier 1 risk-based capital ratio
  • 13.57%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $28,463Average earning assets
  • $2,452Average equity
  • $27,049Average loans

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