FDIC Certificate #: 1680 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Home Federal Bank (#28092) Federal Reserve ID: 105259 Date Established: May 18, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 1104 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: January 01, 1934 Last Structure Change Effective Date: May 27, 1999 Last Structure Change Process Date: July 22, 1999 Last Data Update: July 22, 1999 Data Source Date: April 05, 2012
Location
Address: 118 Main Street, Colman, SD 57017 County: Moody 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: $49.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
28Total employees (full-time equivalent)
$52,294Total assets
$3,020Cash and due from depository institutions
$0Interest-bearing balances
$11,417Securities
$6,600Federal funds sold & reverse repurchase agreements
$29,618Net loans & leases
$458Loan loss allowance
$0Trading account assets
$349Bank premises and fixed assets
$474Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$816All other assets
$52,294Total liabilities and capital
$47,375Total liabilities
$46,812Total deposits
$38,295Interest-bearing deposits
$46,812Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$563All other liabilities
$4,919Total equity capital
$4,919Total bank equity capital
$4,919Perpetual preferred stock
$0Common stock
$119Surplus
$1,000Undivided profits
Memoranda
$3,800Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2Earning assets
$0Long-term assets (5+ years)
$495Average Assets, year-to-date
$47,635Average Assets, quarterly
$1,472Volatile liabilities
$50,348Insider loans
$51,208FHLB advances
$6,476Loans and leases held for sale
$39Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$446Total unused commitments
$0Restructured Loans and leases
$31,430Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,950Total interest income
$1,854Total interest expense
$2,096Net interest income
$50Provision for loan and lease losses
$495Total noninterest income
$0Fiduciary activities
$366Service charges on deposit accounts
$0Trading account gains & fees
$129Additional noninterest income
$1,782Total noninterest expense
$1,175Salaries and employee benefits
$141Premises and equipment expense
$466Additional noninterest expense
$759Pre-tax net operating income
$0Securities gains (losses)
$243Applicable income taxes
$516Income before extraordinary items
$0Extraordinary gains - net
$516Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$56Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.59%Yield on earning assets
4.03%Cost of funding earning assets
4.56%Net interest margin
1.08%Noninterest income to earning assets
3.87%Noninterest expense to earning assets
1.02%Net operating income to assets
1.02%Return on assets (ROA)
1.51%Pretax return on assets
11.04%Return on equity (ROE)
11.04%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
89.29%Credit loss provision to net charge-offs
14.45%Efficiency ratio
68,738Assets per employee
1.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
22900.00%Noncurrent assets plus other real estate owned to assets
0.91%Noncurrent loans to loans
0.01%Net loans and leases to deposits
63.27%Net loans and leases to core deposits
73.43%Equity capital to assets
9.41%Core capital (leverage) ratio
9.64%Tier 1 risk-based capital ratio
15.61%Total risk-based capital ratio
Memoranda
$17Average assets
$50,348Average earning assets
$4,674Average equity
$45,988Average loans
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