First State Bank of Harvey in Harvey, North Dakota (ND)



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First State Bank of Harvey routing number info

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First State Bank of Harvey
GeneralFDIC Certificate #: 8383
Status: Active
Federal Reserve ID: 997557
Bank Holding Company (Regulatory Top Holder): First Harvey Bancorporation, Inc. (RSSDID: 1128666, Location: Harvey, ND)
Date Established: June 05, 1913
WWW: http://www.firstharvey.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5340
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
LocationAddress: 700 Lincoln Avenue, Harvey, ND 58341
County: Wells
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $70.1 mil
Equity capital: $7.8 mil
Deposits held in domestic offices: $62.0 mil
Return on assets (ROA): 1.08% ($0.8 mil)
Quarterly return on assets: 1.37% ($1.0 mil)
Return on Equity (ROE): 9.86% ($0.8 mil)
Quarterly return on equity: 11.93% ($1.0 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.15% ($806.5 mil)
Quarterly Pretax return on assets: 1.44% ($1,009.8 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)
Total employees (full-time equivalent)19
Total assets$70,127
Cash and due from depository institutions$4,894
Interest-bearing balances$0
Securities$35,232
Federal funds sold & reverse repurchase agreements$2,000
Net loans & leases$24,308
Loan loss allowance $284
Trading account assets$0
Bank premises and fixed assets$1,249
Other real estate owned$522
Goodwill and other intangibles$710
All other assets$1,212
Life insurance assets$70,127
Total liabilities and capital$62,352
Total liabilities$62,035
Total deposits$50,368
Interest-bearing deposits$62,035
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $317
All other liabilities $7,775
Total equity capital$7,775
Total bank equity capital$7,775
Perpetual preferred stock$0
Common stock$400
Surplus$3,367
Undivided profits $4,008
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 $219
Earning assets $94
Long-term assets (5+ years) $673
Average Assets, year-to-date $61,540
Average Assets, quarterly $28,011
Volatile liabilities $68,858
Insider loans $69,407
FHLB advances $36,033
Loans and leases held for sale $70,024
Unused loan commitments $382
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,448
Total risk weighted assets $382
Total unused commitments $0
Restructured Loans and leases $3,039
Derivatives$90
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,447
Total interest expense $483
Net interest income $1,964
Provision for loan and lease losses $242
Total noninterest income $647
Fiduciary activities $0
Service charges on deposit accounts $118
Trading account gains & fees $0
Additional noninterest income $529
Total noninterest expense $1,690
Salaries and employee benefits $1,036
Premises and equipment expense $172
Additional noninterest expense $482
Pre-tax net operating income $679
Securities gains (losses) $111
Applicable income taxes $49
Income before extraordinary items $741
Extraordinary gains - net $0
Net income attributable to bank $741
Net charge-offs $0
Cash dividends $741
Sale, conversion, retirement of capital stock, net $284
Net operating income $678
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.16%
Cost of funding earning assets 0.82%
Net interest margin 3.34%
Noninterest income to earning assets 1.10%
Noninterest expense to earning assets 2.87%
Net operating income to assets 0.92%
Return on assets (ROA) 1.08%
Pretax return on assets 1.15%
Return on equity (ROE) 9.86%
Retained earnings to average equity (YTD only) 0.84%
Net charge-offs to loans 1.22%
Credit loss provision to net charge-offs 85.21%
Efficiency ratio3.24%
Assets per employee$63,118
Cash dividends to net income (YTD only)3.69%
Condition Ratios (%)
Loss allowance to loans 91.50%
Loss allowance to noncurrent loans 1.15%
Noncurrent assets plus other real estate owned to assets 129.68%
Noncurrent loans to loans 1.06%
Net loans and leases to deposits0.89%
Net loans and leases to core deposits 39.18%
Equity capital to assets 39.92%
Core capital (leverage) ratio 11.09%
Tier 1 risk-based capital ratio 9.21%
Total risk-based capital ratio 17.89%
Memoranda
Average assets$19
Average earning assets$68,858
Average equity $7,515
Average loans $58,819
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2 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05340First State Bank Of Harvey700 Lincoln Avenue, Harvey, ND 58341June 05, 1913Full Service Brick and Mortar
1218368Anamoose Branch604 Main Street, Anamoose, ND 58710January 25, 1999Full Service Brick and Mortar
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