FDIC Certificate #: 10563 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Peoples Bank (#16265) Federal Reserve ID: 26756 Date Established: May 01, 1908 WWW:http://www.jasperstatebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 6764 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 10, 2006 Last Structure Change Process Date: March 30, 2006 Last Data Update: March 30, 2006 Data Source Date: April 05, 2012
Location
Address: 121 West Wall, Jasper, MN 56144 County: Pipestone Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux Falls Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West
Financial Summary
Total assets: $17.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
8Total employees (full-time equivalent)
$17,197Total assets
$788Cash and due from depository institutions
$9Interest-bearing balances
$3,019Securities
$1,700Federal funds sold & reverse repurchase agreements
$10,284Net loans & leases
$429Loan loss allowance
$0Trading account assets
$556Bank premises and fixed assets
$7Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$843All other assets
$17,197Total liabilities and capital
$14,637Total liabilities
$13,886Total deposits
$12,135Interest-bearing deposits
$13,886Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$700Other borrowed funds
$0Subordinated debt
$51All other liabilities
$2,560Total equity capital
$2,560Total bank equity capital
$2,560Perpetual preferred stock
$0Common stock
$50Surplus
$1,474Undivided profits
Memoranda
$1,036Noncurrent loans and leases
$1,916Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$200Earning assets
$0Long-term assets (5+ years)
$150Average Assets, year-to-date
$15,012Average Assets, quarterly
$1,193Volatile liabilities
$16,800Insider loans
$16,853FHLB advances
$3,177Loans and leases held for sale
$242Unused loan commitments
$700Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,916Total unused commitments
$0Restructured Loans and leases
$161Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$1,042Total interest income
$341Total interest expense
$701Net interest income
-$150Provision for loan and lease losses
$435Total noninterest income
$0Fiduciary activities
$95Service charges on deposit accounts
$0Trading account gains & fees
$340Additional noninterest income
$663Total noninterest expense
$348Salaries and employee benefits
$114Premises and equipment expense
$201Additional noninterest expense
$623Pre-tax net operating income
$0Securities gains (losses)
$14Applicable income taxes
$609Income before extraordinary items
$0Extraordinary gains - net
$609Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$41Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.20%Yield on earning assets
2.36%Cost of funding earning assets
4.85%Net interest margin
3.01%Noninterest income to earning assets
4.58%Noninterest expense to earning assets
3.62%Net operating income to assets
3.62%Return on assets (ROA)
3.71%Pretax return on assets
26.89%Return on equity (ROE)
26.89%Retained earnings to average equity (YTD only)
-0.37%Net charge-offs to loans
365.85%Credit loss provision to net charge-offs
0.00%Efficiency ratio
58,363Assets per employee
2.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.00%Loss allowance to noncurrent loans
214.50%Noncurrent assets plus other real estate owned to assets
1.20%Noncurrent loans to loans
1.87%Net loans and leases to deposits
74.06%Net loans and leases to core deposits
94.27%Equity capital to assets
14.89%Core capital (leverage) ratio
14.96%Tier 1 risk-based capital ratio
20.47%Total risk-based capital ratio
Memoranda
$22Average assets
$16,800Average earning assets
$2,264Average equity
$14,463Average loans
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