First State Bank of Golva in Golva, North Dakota (ND)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 9 |
| Total assets | $68,764 |
| Cash and due from depository institutions | $11,719 |
| Interest-bearing balances | $248 |
| Securities | $22,458 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $33,690 |
| Loan loss allowance | $276 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $42 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $855 |
| Life insurance assets | $68,764 |
| Total liabilities and capital | $62,392 |
| Total liabilities | $62,171 |
| Total deposits | $50,610 |
| Interest-bearing deposits | $62,171 |
| Deposits held in domestic offices | $83 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $221 |
| All other liabilities | $6,372 |
| Total equity capital | $6,372 |
| Total bank equity capital | $6,372 |
| Perpetual preferred stock | $0 |
| Common stock | $50 |
| Surplus | $1,950 |
| Undivided profits | $4,372 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $9 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $718 |
| Average Assets, year-to-date | $56,396 |
| Average Assets, quarterly | $30,856 |
| Volatile liabilities | $60,580 |
| Insider loans | $66,063 |
| FHLB advances | $40,629 |
| Loans and leases held for sale | $67,642 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $5,502 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $5,837 |
| Derivatives | $836 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $2,512 |
| Total interest expense | $314 |
| Net interest income | $2,198 |
| Provision for loan and lease losses | $82 |
| Total noninterest income | $128 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $78 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $50 |
| Total noninterest expense | $1,220 |
| Salaries and employee benefits | $776 |
| Premises and equipment expense | $140 |
| Additional noninterest expense | $304 |
| Pre-tax net operating income | $1,024 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $71 |
| Income before extraordinary items | $953 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $953 |
| Net charge-offs | $0 |
| Cash dividends | $953 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $300 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.81% |
| Cost of funding earning assets | 0.60% |
| Net interest margin | 4.21% |
| Noninterest income to earning assets | 0.25% |
| Noninterest expense to earning assets | 2.34% |
| Net operating income to assets | 1.57% |
| Return on assets (ROA) | 1.57% |
| Pretax return on assets | 1.69% |
| Return on equity (ROE) | 16.67% |
| Retained earnings to average equity (YTD only) | 11.42% |
| Net charge-offs to loans | 0.00% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 0.00% |
| Assets per employee | $52,451 |
| Cash dividends to net income (YTD only) | 7.64% |
| Condition Ratios (%) | |
| Loss allowance to loans | 31.48% |
| Loss allowance to noncurrent loans | 0.81% |
| Noncurrent assets plus other real estate owned to assets | 3066.67% |
| Noncurrent loans to loans | 0.01% |
| Net loans and leases to deposits | 0.03% |
| Net loans and leases to core deposits | 54.19% |
| Equity capital to assets | 56.29% |
| Core capital (leverage) ratio | 9.27% |
| Tier 1 risk-based capital ratio | 8.13% |
| Total risk-based capital ratio | 13.54% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $60,580 |
| Average equity | $5,717 |
| Average loans | $52,197 |
| 3 North Dakota Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 6566 | First State Bank Of Golva | 410 Terrell Ave, Golva, ND 58632 | June 01, 1914 | Full Service Brick and Mortar |  |
| 1 | 360633 | Beach Branch | 123 1st Avenue, Se, Beach, ND 58621 | August 01, 1996 | Full Service Brick and Mortar |  |
| 2 | 362627 | Medora Branch | 365 3rd Avenue, Medora, ND 58645 | September 14, 2001 | Full Service Brick and Mortar | |
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