First Bank of South Dakota (National Association) in city_name, state_name

First Bank of South Dakota (National Association) in Sioux Falls, South Dakota (SD)
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First Bank of South Dakota (National Association) - Overview

General
FDIC Certificate #: 4017
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank National Association (#5199)
Federal Reserve ID: 329457
Date Established: January 30, 1926
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 16 (Interstate: No)
FDIC's unique #: 2603
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 01, 1997
Last Structure Change Process Date: June 16, 1997
Last Data Update: June 16, 1997
Data Source Date: April 05, 2012
Location
Address: 141 North Main Avenue, Sioux Falls, SD 57117
County: Minnehaha
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
Metropolitan Statistical Area (MSA): Sioux Falls, SD (#7760)
Core Based Statistical Area (CBSA): Sioux Falls, SD (#43620)
CBSA Metro Statistical Area: Sioux Falls, SD (#43620)
Financial Summary
Total assets: $1,725.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$326Total assets
$1,939,568Cash and due from depository institutions
$116,581Interest-bearing balances
$0Securities
$7,849Federal funds sold & reverse repurchase agreements
$85,969Net loans & leases
$1,640,901Loan loss allowance
$32,187Trading account assets
$0Bank premises and fixed assets
$6,063Other real estate owned
$32Goodwill and other intangibles
$36,364Life insurance assets
$45,809All other assets
$0Total liabilities and capital
$1,939,568Total liabilities
$1,751,339Total deposits
$932,777Interest-bearing deposits
$774,925Deposits held in domestic offices
932777.00%% insured (estimated)
$65Federal funds purchased & repurchase agreements
$179,022Trading liabilities
$0Other borrowed funds
$540,000Subordinated debt
$55,000All other liabilities
$44,540Total equity capital
$44,540Total bank equity capital
$188,229Perpetual preferred stock
$0Common stock
$12,500Surplus
$85,392Undivided profits
Memoranda
$90,337Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,716Income earned, not collected on loans
$8,389Earning assets
$1,734,719Long-term assets (5+ years)
$54,430Average Assets, year-to-date
$1,890,464Average Assets, quarterly
$1,974,239Volatile liabilities
$927,762Insider loans
$0FHLB advances
$0Loans and leases held for sale
$48,754Unused loan commitments
$3,439,431Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$153,160Total risk weighted assets
$1,842,601Total unused commitments
$0Restructured Loans and leases
$175,000Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$128,059Total interest expense
$77,064Net interest income
$50,995Provision for loan and lease losses
$30,703Total noninterest income
$137,955Fiduciary activities
$5,470Service charges on deposit accounts
$3,152Trading account gains & fees
$0Additional noninterest income
$129,333Total noninterest expense
$105,505Salaries and employee benefits
$14,160Premises and equipment expense
$3,429Additional noninterest expense
$87,916Pre-tax net operating income
$52,742Securities gains (losses)
$11Applicable income taxes
$21,653Income before extraordinary items
$31,100Extraordinary gains - net
$0Net income attributable to bank
$31,100Net charge-offs
$25,623Cash dividends
$13,000Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.40%Cost of funding earning assets
4.45%Net interest margin
2.95%Noninterest income to earning assets
7.97%Noninterest expense to earning assets
6.10%Net operating income to assets
1.64%Return on assets (ROA)
1.65%Pretax return on assets
2.79%Return on equity (ROE)
17.65%Retained earnings to average equity (YTD only)
10.27%Net charge-offs to loans
1.54%Credit loss provision to net charge-offs
119.83%Efficiency ratio
52,360Assets per employee
5.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.80%Loss allowance to loans
1.92%Loss allowance to noncurrent loans
369.29%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
0.52%Net loans and leases to deposits
175.92%Net loans and leases to core deposits
226.63%Equity capital to assets
9.70%Core capital (leverage) ratio
7.91%Tier 1 risk-based capital ratio
8.31%Total risk-based capital ratio
Memoranda
$13Average assets
$1,890,464Average earning assets
$176,206Average equity
$1,730,965Average loans

First Bank of South Dakota (National Association) in Sioux Falls, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of South Dakota (National Association) - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

First Bank of South Dakota (National Association) in Sioux Falls, South Dakota (SD)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of South Dakota (National Association) - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

First Bank of South Dakota (National Association) in Sioux Falls, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches