FDIC Certificate #: 8196 Status: Active Federal Reserve ID: 299251 Bank Holding Company (Regulatory Top Holder): Ashby Bancshares, Inc. (RSSDID: 1127539, Location: Ashby, MN) Date Established: July 01, 1900 WWW:http://www.fsbashby.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 5222 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: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 110 Main Street, Ashby, MN 56309 County: Grant 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $31.0 mil Equity capital: $2.6 mil Deposits held in domestic offices: $28.4 mil Return on assets (ROA): 0.45% ($0.1 mil) Quarterly return on assets: 0.47% ($0.1 mil) Return on Equity (ROE): 5.45% ($0.2 mil) Quarterly return on equity: 5.49% ($0.2 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.45% ($139.7 mil) Quarterly Pretax return on assets: 0.47% ($145.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$31,038Total assets
$6,879Cash and due from depository institutions
$3,335Interest-bearing balances
$4,839Securities
$2,300Federal funds sold & reverse repurchase agreements
$15,591Net loans & leases
$175Loan loss allowance
$0Trading account assets
$461Bank premises and fixed assets
$553Other real estate owned
$0Goodwill and other intangibles
$31,038Life insurance assets
$415All other assets
$28,485Total liabilities and capital
$28,444Total liabilities
$23,764Total deposits
$28,444Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$41Subordinated debt
$2,553All other liabilities
$2,553Total equity capital
$2,553Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$1,450Surplus
$1,053Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$232Income earned, not collected on loans
$35Earning assets
$190Long-term assets (5+ years)
$26,065Average Assets, year-to-date
$1,642Average Assets, quarterly
$29,444Volatile liabilities
$30,093Insider loans
$16,749FHLB advances
$30,354Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,342Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$733Restructured Loans and leases
$497Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,247Total interest income
$356Total interest expense
$891Net interest income
$23Provision for loan and lease losses
$114Total noninterest income
$0Fiduciary activities
$72Service charges on deposit accounts
$0Trading account gains & fees
$42Additional noninterest income
$850Total noninterest expense
$422Salaries and employee benefits
$144Premises and equipment expense
$284Additional noninterest expense
$132Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$132Income before extraordinary items
$0Extraordinary gains - net
$132Net income attributable to bank
$0Net charge-offs
$132Cash dividends
$7Sale, conversion, retirement of capital stock, net
$36Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.80%Yield on earning assets
1.37%Cost of funding earning assets
3.43%Net interest margin
0.44%Noninterest income to earning assets
3.27%Noninterest expense to earning assets
0.45%Net operating income to assets
0.45%Return on assets (ROA)
0.45%Pretax return on assets
5.45%Return on equity (ROE)
3.96%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
328.57%Credit loss provision to net charge-offs
22.14%Efficiency ratio
84,577Assets per employee
3.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.27%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
75.43%Noncurrent assets plus other real estate owned to assets
2.53%Noncurrent loans to loans
1.47%Net loans and leases to deposits
54.81%Net loans and leases to core deposits
55.31%Equity capital to assets
8.23%Core capital (leverage) ratio
7.72%Tier 1 risk-based capital ratio
13.98%Total risk-based capital ratio
Memoranda
$15Average assets
$29,444Average earning assets
$2,422Average equity
$25,958Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5222
First State Bank Of Ashby
110 Main Street, Ashby, MN 56309
July 01, 1900
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First State Bank of Ashby.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: