Eitzen State Bank in Caledonia, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Eitzen State Bank - Overview

  • General
  • FDIC Certificate #: 10980
    Status: Active
    Federal Reserve ID: 40855
    Bank Holding Company (Regulatory Top Holder): Eitzen Independents, Inc. (RSSDID: 1127687, Location: Eitzen, MN)
    Date Established: January 02, 1909
    WWW: http://www.eitzenstatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 11844
    FDIC's unique #: 7033
    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: September 01, 2007
    Last Structure Change Process Date: September 24, 2007
    Last Data Update: September 24, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 115 North Highway 44/76, Caledonia, MN 55921
    County: Houston
    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): La Crosse, WI-MN (#3870)
    Core Based Statistical Area (CBSA): La Crosse, WI-MN (#29100)
    CBSA Metro Statistical Area: La Crosse, WI-MN (#29100)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $77.5 mil
    Equity capital: $6.9 mil
    Deposits held in domestic offices: $64.3 mil
    Return on assets (ROA): 1.47% ($1.1 mil)
    Quarterly return on assets: 1.57% ($1.2 mil)
    Return on Equity (ROE): 17.14% ($1.2 mil)
    Quarterly return on equity: 17.97% ($1.3 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.47% ($1,139.8 mil)
    Quarterly Pretax return on assets: 1.57% ($1,217.4 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
  • 14Total employees (full-time equivalent)
  • $77,540Total assets
  • $7,751Cash and due from depository institutions
  • $7,300Interest-bearing balances
  • $23,723Securities
  • $455Federal funds sold & reverse repurchase agreements
  • $42,696Net loans & leases
  • $590Loan loss allowance
  • $0Trading account assets
  • $668Bank premises and fixed assets
  • $696Other real estate owned
  • $200Goodwill and other intangibles
  • $77,540Life insurance assets
  • $1,351All other assets
  • $70,647Total liabilities and capital
  • $64,286Total liabilities
  • $58,656Total deposits
  • $64,286Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,021Trading liabilities
  • $0Other borrowed funds
  • $340Subordinated debt
  • $6,893All other liabilities
  • $6,893Total equity capital
  • $6,893Total bank equity capital
  • $0Perpetual preferred stock
  • $130Common stock
  • $4,870Surplus
  • $1,893Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $70Income earned, not collected on loans
  • $0Earning assets
  • $436Long-term assets (5+ years)
  • $74,174Average Assets, year-to-date
  • $29,045Average Assets, quarterly
  • $74,868Volatile liabilities
  • $77,242Insider loans
  • $51,387FHLB advances
  • $79,287Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,313Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,379Restructured Loans and leases
  • $1,482Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,522Total interest income
  • $1,217Total interest expense
  • $2,305Net interest income
  • $90Provision for loan and lease losses
  • $499Total noninterest income
  • $0Fiduciary activities
  • $142Service charges on deposit accounts
  • $0Trading account gains & fees
  • $357Additional noninterest income
  • $1,653Total noninterest expense
  • $934Salaries and employee benefits
  • $190Premises and equipment expense
  • $529Additional noninterest expense
  • $1,061Pre-tax net operating income
  • $38Securities gains (losses)
  • $0Applicable income taxes
  • $1,099Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,099Net income attributable to bank
  • $0Net charge-offs
  • $1,099Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $413Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 1.72%Cost of funding earning assets
  • 3.26%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 17.14%Return on equity (ROE)
  • 10.70%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 4500.00%Credit loss provision to net charge-offs
  • 575.50%Efficiency ratio
  • 58,951Assets per employee
  • 5.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.58%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 842.86%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 66.42%Net loans and leases to core deposits
  • 68.50%Equity capital to assets
  • 8.89%Core capital (leverage) ratio
  • 7.96%Tier 1 risk-based capital ratio
  • 12.29%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $74,868Average earning assets
  • $6,412Average equity
  • $70,683Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07033Eitzen State Bank115 North Highway 44/76, Caledonia, MN 55921January 02, 1909Full Service Brick and Mortar
    1468145Eitzen Office108 Iowa Avenue Branch, Eitzen, MN 55931September 01, 2007Full Service Brick and Mortar

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