First State Bank of Golva in city_name, state_name - Detailed Financial Reports, Location

First State Bank of Golva in Golva, North Dakota (ND)
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First State Bank of Golva routing number info

First State Bank of Golva - Overview

General
FDIC Certificate #: 10243
Status: Active
Federal Reserve ID: 931159
Date Established: June 01, 1914
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 6566
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: April 01, 1934
Last Structure Change Effective Date: July 10, 2007
Last Structure Change Process Date: July 11, 2007
Last Data Update: July 11, 2007
Data Source Date: April 05, 2012
Location
Address: 410 Terrell Ave, Golva, ND 58632
County: Golden Valley
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
Change in Location
Financial Summary
Total assets: $68.8 mil
Equity capital: $6.4 mil
Deposits held in domestic offices: $62.2 mil
Return on assets (ROA): 1.57% ($1.1 mil)
Quarterly return on assets: 1.23% ($0.8 mil)
Return on Equity (ROE): 16.67% ($1.0 mil)
Quarterly return on equity: 13.11% ($0.8 mil)
Net income: $1.0 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.69% ($1,162.1 mil)
Quarterly Pretax return on assets: 1.32% ($907.7 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
9Total employees (full-time equivalent)
$68,764Total assets
$11,719Cash and due from depository institutions
$248Interest-bearing balances
$22,458Securities
$0Federal funds sold & reverse repurchase agreements
$33,690Net loans & leases
$276Loan loss allowance
$0Trading account assets
$42Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$68,764Life insurance assets
$855All other assets
$62,392Total liabilities and capital
$62,171Total liabilities
$50,610Total deposits
$62,171Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$221Subordinated debt
$6,372All other liabilities
$6,372Total equity capital
$6,372Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$1,950Surplus
$4,372Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9Income earned, not collected on loans
$0Earning assets
$718Long-term assets (5+ years)
$56,396Average Assets, year-to-date
$30,856Average Assets, quarterly
$60,580Volatile liabilities
$66,063Insider loans
$40,629FHLB advances
$67,642Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,502Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,837Restructured Loans and leases
$836Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,512Total interest income
$314Total interest expense
$2,198Net interest income
$82Provision for loan and lease losses
$128Total noninterest income
$0Fiduciary activities
$78Service charges on deposit accounts
$0Trading account gains & fees
$50Additional noninterest income
$1,220Total noninterest expense
$776Salaries and employee benefits
$140Premises and equipment expense
$304Additional noninterest expense
$1,024Pre-tax net operating income
$0Securities gains (losses)
$71Applicable income taxes
$953Income before extraordinary items
$0Extraordinary gains - net
$953Net income attributable to bank
$0Net charge-offs
$953Cash dividends
$0Sale, conversion, retirement of capital stock, net
$300Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.81%Yield on earning assets
0.60%Cost of funding earning assets
4.21%Net interest margin
0.25%Noninterest income to earning assets
2.34%Noninterest expense to earning assets
1.57%Net operating income to assets
1.57%Return on assets (ROA)
1.69%Pretax return on assets
16.67%Return on equity (ROE)
11.42%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,451Assets per employee
7.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.48%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
3066.67%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.03%Net loans and leases to deposits
54.19%Net loans and leases to core deposits
56.29%Equity capital to assets
9.27%Core capital (leverage) ratio
8.13%Tier 1 risk-based capital ratio
13.54%Total risk-based capital ratio
Memoranda
$14Average assets
$60,580Average earning assets
$5,717Average equity
$52,197Average loans

List of branches

3 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
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

First State Bank of Golva in Golva, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Golva - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank of Golva in Golva, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Golva - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First State Bank of Golva in Golva, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches