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

First State Bank of Harvey - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 19Total employees (full-time equivalent)
  • $70,127Total assets
  • $4,894Cash and due from depository institutions
  • $0Interest-bearing balances
  • $35,232Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $24,308Net loans & leases
  • $284Loan loss allowance
  • $0Trading account assets
  • $1,249Bank premises and fixed assets
  • $522Other real estate owned
  • $710Goodwill and other intangibles
  • $70,127Life insurance assets
  • $1,212All other assets
  • $62,352Total liabilities and capital
  • $62,035Total liabilities
  • $50,368Total deposits
  • $62,035Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $317Subordinated debt
  • $7,775All other liabilities
  • $7,775Total equity capital
  • $7,775Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $3,367Surplus
  • $4,008Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $219Income earned, not collected on loans
  • $94Earning assets
  • $673Long-term assets (5+ years)
  • $61,540Average Assets, year-to-date
  • $28,011Average Assets, quarterly
  • $68,858Volatile liabilities
  • $69,407Insider loans
  • $36,033FHLB advances
  • $70,024Loans and leases held for sale
  • $382Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,448Tier 2 risk-based capital
  • $382Total risk weighted assets
  • $0Total unused commitments
  • $3,039Restructured Loans and leases
  • $90Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,447Total interest income
  • $483Total interest expense
  • $1,964Net interest income
  • $242Provision for loan and lease losses
  • $647Total noninterest income
  • $0Fiduciary activities
  • $118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $529Additional noninterest income
  • $1,690Total noninterest expense
  • $1,036Salaries and employee benefits
  • $172Premises and equipment expense
  • $482Additional noninterest expense
  • $679Pre-tax net operating income
  • $111Securities gains (losses)
  • $49Applicable income taxes
  • $741Income before extraordinary items
  • $0Extraordinary gains - net
  • $741Net income attributable to bank
  • $0Net charge-offs
  • $741Cash dividends
  • $284Sale, conversion, retirement of capital stock, net
  • $678Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.16%Yield on earning assets
  • 0.82%Cost of funding earning assets
  • 3.34%Net interest margin
  • 1.10%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 9.86%Return on equity (ROE)
  • 0.84%Retained earnings to average equity (YTD only)
  • 1.22%Net charge-offs to loans
  • 85.21%Credit loss provision to net charge-offs
  • 3.24%Efficiency ratio
  • 63,118Assets per employee
  • 3.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 91.50%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 129.68%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 39.18%Net loans and leases to core deposits
  • 39.92%Equity capital to assets
  • 11.09%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 17.89%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $68,858Average earning assets
  • $7,515Average equity
  • $58,819Average loans

List of branches

  • 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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