Crow River State Bank in Delano, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Crow River State Bank in Delano, Minnesota (MN)
  • Show street view No street view available for this location

Crow River State Bank - Overview

  • General
  • FDIC Certificate #: 23986
    Status: Active
    Federal Reserve ID: 157650
    Bank Holding Company (Regulatory Top Holder): Crsb Bancorp, Inc. (RSSDID: 3079182, Location: Delano, MN)
    Date Established: June 24, 1982
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 16727
    Numeric code: 13
    Regulator: FED
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: June 24, 1982
    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: 710 Babcock Boulevard, Delano, MN 55328
    County: Wright
    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): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $81.8 mil
    Equity capital: $8.5 mil
    Deposits held in domestic offices: $65.8 mil
    Return on assets (ROA): 1.15% ($0.9 mil)
    Quarterly return on assets: 1.05% ($0.9 mil)
    Return on Equity (ROE): 11.63% ($1.0 mil)
    Quarterly return on equity: 9.88% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.16% ($949.0 mil)
    Quarterly Pretax return on assets: 1.05% ($859.0 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
  • 43Total employees (full-time equivalent)
  • $81,810Total assets
  • $7,202Cash and due from depository institutions
  • $1,735Interest-bearing balances
  • $44,839Securities
  • $592Federal funds sold & reverse repurchase agreements
  • $27,317Net loans & leases
  • $421Loan loss allowance
  • $0Trading account assets
  • $508Bank premises and fixed assets
  • $71Other real estate owned
  • $0Goodwill and other intangibles
  • $81,810Life insurance assets
  • $1,281All other assets
  • $73,278Total liabilities and capital
  • $65,752Total liabilities
  • $52,838Total deposits
  • $65,752Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,200Trading liabilities
  • $0Other borrowed funds
  • $326Subordinated debt
  • $8,532All other liabilities
  • $8,532Total equity capital
  • $8,532Total bank equity capital
  • $0Perpetual preferred stock
  • $596Common stock
  • $4,404Surplus
  • $3,532Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $415Income earned, not collected on loans
  • $0Earning assets
  • $518Long-term assets (5+ years)
  • $74,483Average Assets, year-to-date
  • $40,971Average Assets, quarterly
  • $77,859Volatile liabilities
  • $79,971Insider loans
  • $37,503FHLB advances
  • $78,029Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,618Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,181Restructured Loans and leases
  • $28Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,601Total interest income
  • $657Total interest expense
  • $2,944Net interest income
  • $145Provision for loan and lease losses
  • $1,023Total noninterest income
  • $0Fiduciary activities
  • $388Service charges on deposit accounts
  • $0Trading account gains & fees
  • $635Additional noninterest income
  • $3,076Total noninterest expense
  • $1,696Salaries and employee benefits
  • $275Premises and equipment expense
  • $1,105Additional noninterest expense
  • $746Pre-tax net operating income
  • $154Securities gains (losses)
  • $2Applicable income taxes
  • $898Income before extraordinary items
  • $0Extraordinary gains - net
  • $898Net income attributable to bank
  • $0Net charge-offs
  • $898Cash dividends
  • $32Sale, conversion, retirement of capital stock, net
  • $561Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 4.04%Net interest margin
  • 1.40%Noninterest income to earning assets
  • 4.22%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 11.63%Return on equity (ROE)
  • 4.37%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 453.13%Credit loss provision to net charge-offs
  • 27.84%Efficiency ratio
  • 77,540Assets per employee
  • 1.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.47%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 101.45%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 1.50%Net loans and leases to deposits
  • 41.55%Net loans and leases to core deposits
  • 41.55%Equity capital to assets
  • 10.43%Core capital (leverage) ratio
  • 9.76%Tier 1 risk-based capital ratio
  • 20.31%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $77,859Average earning assets
  • $7,720Average equity
  • $72,834Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016727Crow River State Bank710 Babcock Boulevard, Delano, MN 55328June 24, 1982Full Service Brick and Mortar
    1256849Mound Branch2290 Commerce Boulevard, Mound, MN 55364March 04, 1997Full 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 Crow River 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