First Southwest Bank - Mandan in Mandan, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 10, 1995

  • First Southwest Bank - Mandan in Mandan, North Dakota (ND)
  • Show street view No street view available for this location

First Southwest Bank - Mandan - Overview

  • General
  • FDIC Certificate #: 17988
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Starion Financial (#33758)
    Federal Reserve ID: 684259
    Date Established: April 29, 1959
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 11863
    FDIC's unique #: 11919
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 29, 1959
    Last Structure Change Effective Date: October 10, 1995
    Last Structure Change Process Date: October 24, 1995
    Last Data Update: October 24, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 First Street, N.W., Mandan, ND 58554
    County: Morton
    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
    Metropolitan Statistical Area (MSA): Bismarck, ND (#1010)
    Core Based Statistical Area (CBSA): Bismarck, ND (#13900)
    CBSA Metro Statistical Area: Bismarck, ND (#13900)
  • Financial Summary
  • Total assets: $66.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $62,498Cash and due from depository institutions
  • $6,045Interest-bearing balances
  • $2,350Securities
  • $12,541Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $41,212Loan loss allowance
  • $623Trading account assets
  • $0Bank premises and fixed assets
  • $1,684Other real estate owned
  • $0Goodwill and other intangibles
  • $994Life insurance assets
  • $22All other assets
  • $0Total liabilities and capital
  • $62,498Total liabilities
  • $57,796Total deposits
  • $56,597Interest-bearing deposits
  • $49,249Deposits held in domestic offices
  • 56597.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $305Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $894Total equity capital
  • $894Total bank equity capital
  • $4,702Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $3,250Undivided profits
  • Memoranda
  • $702Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $60Income earned, not collected on loans
  • $417Earning assets
  • $56,103Long-term assets (5+ years)
  • $5,005Average Assets, year-to-date
  • $57,939Average Assets, quarterly
  • $61,176Volatile liabilities
  • $6,656Insider loans
  • $1,442FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,065Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,949Total risk weighted assets
  • $46,791Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,258Total interest expense
  • $1,505Net interest income
  • $2,753Provision for loan and lease losses
  • $153Total noninterest income
  • $486Fiduciary activities
  • $0Service charges on deposit accounts
  • $336Trading account gains & fees
  • $0Additional noninterest income
  • $150Total noninterest expense
  • $1,819Salaries and employee benefits
  • $927Premises and equipment expense
  • $273Additional noninterest expense
  • $619Pre-tax net operating income
  • $1,267Securities gains (losses)
  • -$17Applicable income taxes
  • $427Income before extraordinary items
  • $823Extraordinary gains - net
  • $0Net income attributable to bank
  • $823Net charge-offs
  • $6Cash dividends
  • $586Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.06%Cost of funding earning assets
  • 2.85%Net interest margin
  • 5.21%Noninterest income to earning assets
  • 0.92%Noninterest expense to earning assets
  • 3.44%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 2.16%Return on equity (ROE)
  • 17.05%Retained earnings to average equity (YTD only)
  • 4.91%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • 2550.00%Efficiency ratio
  • 55,727Assets per employee
  • 2.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.20%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 1038.33%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 72.82%Net loans and leases to core deposits
  • 82.02%Equity capital to assets
  • 7.52%Core capital (leverage) ratio
  • 8.09%Tier 1 risk-based capital ratio
  • 10.58%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $57,939Average earning assets
  • $4,828Average equity
  • $52,812Average loans

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