FDIC Certificate #: 3936 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Dacotah Bank (#17437) Federal Reserve ID: 814654 Date Established: January 01, 1908 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) FDIC's unique #: 2566 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 07, 2000 Last Structure Change Process Date: July 31, 2000 Last Data Update: July 31, 2000 Data Source Date: April 05, 2012
Location
Address: 121 North Main Street, Hettinger, ND 58639 County: Adams Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Fargo Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
Financial Summary
Total assets: $24.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
13Total employees (full-time equivalent)
$22,822Total assets
$1,140Cash and due from depository institutions
$0Interest-bearing balances
$12,093Securities
$1,790Federal funds sold & reverse repurchase agreements
$7,102Net loans & leases
$101Loan loss allowance
$0Trading account assets
$287Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$410All other assets
$22,822Total liabilities and capital
$20,928Total liabilities
$20,693Total deposits
$17,665Interest-bearing deposits
$20,693Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$67Other borrowed funds
$0Subordinated debt
$168All other liabilities
$1,894Total equity capital
$1,894Total bank equity capital
$1,894Perpetual preferred stock
$0Common stock
$200Surplus
$1,530Undivided profits
Memoranda
$164Noncurrent loans and leases
$851Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4Earning assets
$0Long-term assets (5+ years)
$161Average Assets, year-to-date
$20,985Average Assets, quarterly
$3,576Volatile liabilities
$22,472Insider loans
$22,106FHLB advances
$1,239Loans and leases held for sale
$93Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$851Total unused commitments
$0Restructured Loans and leases
$101Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$1,372Total interest income
$634Total interest expense
$738Net interest income
$0Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$18Additional noninterest income
$610Total noninterest expense
$302Salaries and employee benefits
$104Premises and equipment expense
$204Additional noninterest expense
$184Pre-tax net operating income
$22Securities gains (losses)
$60Applicable income taxes
$146Income before extraordinary items
$0Extraordinary gains - net
$146Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$90Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.57%Yield on earning assets
3.04%Cost of funding earning assets
3.53%Net interest margin
0.27%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
0.58%Net operating income to assets
0.65%Return on assets (ROA)
0.92%Pretax return on assets
7.42%Return on equity (ROE)
2.85%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
46.00%Efficiency ratio
76,826Assets per employee
1.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.64%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
2525.00%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.06%Net loans and leases to deposits
34.32%Net loans and leases to core deposits
36.38%Equity capital to assets
8.30%Core capital (leverage) ratio
9.18%Tier 1 risk-based capital ratio
19.11%Total risk-based capital ratio
Memoranda
$20Average assets
$22,472Average earning assets
$1,968Average equity
$20,886Average loans
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