First Fidelity Bank in Burke, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Fidelity Bank - Overview

  • General
  • FDIC Certificate #: 1122
    Status: Active
    Federal Reserve ID: 80150
    Bank Holding Company (Regulatory Top Holder): Fidelity Corporation (RSSDID: 1121788, Location: Burke, SD)
    Date Established: January 01, 1905
    WWW: http://www.ffb-sd.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 764
    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: December 30, 2006
    Last Structure Change Process Date: January 25, 2007
    Last Data Update: January 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Burke, SD 57523
    County: Gregory
    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
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $310.7 mil
    Equity capital: $30.5 mil
    Deposits held in domestic offices: $269.7 mil
    Return on assets (ROA): 1.61% ($5.0 mil)
    Quarterly return on assets: 1.48% ($4.6 mil)
    Return on Equity (ROE): 15.78% ($4.9 mil)
    Quarterly return on equity: 14.43% ($4.5 mil)
    Net income: $4.8 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 1.68% ($5,220.6 mil)
    Quarterly Pretax return on assets: 1.51% ($4,692.3 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
  • 75Total employees (full-time equivalent)
  • $310,748Total assets
  • $16,537Cash and due from depository institutions
  • $4,032Interest-bearing balances
  • $173,240Securities
  • $3,527Federal funds sold & reverse repurchase agreements
  • $109,052Net loans & leases
  • $187Loan loss allowance
  • $0Trading account assets
  • $3,585Bank premises and fixed assets
  • $82Other real estate owned
  • $0Goodwill and other intangibles
  • $310,748Life insurance assets
  • $4,725All other assets
  • $280,242Total liabilities and capital
  • $269,730Total liabilities
  • $203,470Total deposits
  • $269,730Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 10000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $127Trading liabilities
  • $0Other borrowed funds
  • $385Subordinated debt
  • $30,506All other liabilities
  • $30,506Total equity capital
  • $30,506Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $28,506Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,446Income earned, not collected on loans
  • $137Earning assets
  • $3,063Long-term assets (5+ years)
  • $289,851Average Assets, year-to-date
  • $53,714Average Assets, quarterly
  • $299,651Volatile liabilities
  • $303,810Insider loans
  • $260,349FHLB advances
  • $306,836Loans and leases held for sale
  • $745Unused loan commitments
  • $745Tier 1 (core) risk-based capital
  • $32,337Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $36,259Restructured Loans and leases
  • $175Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,256Total interest income
  • $1,867Total interest expense
  • $9,389Net interest income
  • $60Provision for loan and lease losses
  • $2,114Total noninterest income
  • $0Fiduciary activities
  • $725Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,389Additional noninterest income
  • $6,885Total noninterest expense
  • $4,624Salaries and employee benefits
  • $736Premises and equipment expense
  • $1,525Additional noninterest expense
  • $4,558Pre-tax net operating income
  • $463Securities gains (losses)
  • $191Applicable income taxes
  • $4,830Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,830Net income attributable to bank
  • $0Net charge-offs
  • $4,830Cash dividends
  • $24Sale, conversion, retirement of capital stock, net
  • $4,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.01%Yield on earning assets
  • 0.67%Cost of funding earning assets
  • 3.35%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 2.45%Noninterest expense to earning assets
  • 1.46%Net operating income to assets
  • 1.61%Return on assets (ROA)
  • 1.68%Pretax return on assets
  • 15.78%Return on equity (ROE)
  • 1.08%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 250.00%Credit loss provision to net charge-offs
  • 192.42%Efficiency ratio
  • 59,141Assets per employee
  • 4.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.17%Loss allowance to loans
  • 0.17%Loss allowance to noncurrent loans
  • 12.93%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 40.43%Net loans and leases to core deposits
  • 43.04%Equity capital to assets
  • 9.82%Core capital (leverage) ratio
  • 10.54%Tier 1 risk-based capital ratio
  • 12.42%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $299,651Average earning assets
  • $30,613Average equity
  • $280,459Average loans

List of branches

  • 7 South Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0764First Fidelity BankMain Street, Burke, SD 57523January 01, 1905Full Service Brick and Mortar
    1187926Bonesteel BranchMain Street, Bonesteel, SD 57317May 14, 1940Full Service Brick and Mortar
    2187927Platte BranchMain Street, Platte, SD 57369October 08, 1973Full Service Brick and Mortar
    3208695Gregory Branch113 East 6th Street, Gregory, SD 57533April 12, 1976Full Service Brick and Mortar
    410337Colome BranchMain Street, Colome, SD 57528Febuary 03, 1944Full Service Brick and Mortar
    51106Murdo BranchMain Street, Murdo, SD 57559March 17, 1906Full Service Brick and Mortar
    612546Winner Branch246 West Second Street, Winner, SD 57580January 02, 1963Full Service Brick and Mortar

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