Kirkwood Bank & Trust Co. in Bismarck, North Dakota (ND)



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Kirkwood Bank & Trust Co. routing number info

Table of contents:
Kirkwood Bank & Trust Co.
GeneralFDIC Certificate #: 21928
Status: Active
Federal Reserve ID: 908450
Bank Holding Company (Regulatory Top Holder): Kirkwood Bancorporation Co. (RSSDID: 1843558, Location: Bismarck, ND)
Date Established: Febuary 18, 1975
WWW: http://www.kirkwoodbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 15197
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 18, 1975
Last Structure Change Effective Date: September 12, 2007
Last Structure Change Process Date: October 19, 2007
Last Data Update: October 19, 2007
Data Source Date: April 05, 2012
LocationAddress: 2911 N. 14th Street, Suite 101, Bismarck, ND 58503
County: Burleigh
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
Metropolitan Statistical Area (MSA): Bismarck, ND (#1010)
Core Based Statistical Area (CBSA): Bismarck, ND (#13900)
CBSA Metro Statistical Area: Bismarck, ND (#13900)
History of ChangesChange in Location
Financial SummaryTotal assets: $167.8 mil
Equity capital: $13.4 mil
Deposits held in domestic offices: $148.7 mil
Return on assets (ROA): 0.67% ($1.1 mil)
Quarterly return on assets: 0.75% ($1.3 mil)
Return on Equity (ROE): 8.47% ($1.1 mil)
Quarterly return on equity: 9.44% ($1.2 mil)
Net income: $1.1 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.94% ($1,577.7 mil)
Quarterly Pretax return on assets: 1.11% ($1,863.1 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)56
Total assets$167,844
Cash and due from depository institutions$40,377
Interest-bearing balances$32,746
Securities$12,736
Federal funds sold & reverse repurchase agreements$7,258
Net loans & leases$98,591
Loan loss allowance $2,341
Trading account assets$0
Bank premises and fixed assets$4,606
Other real estate owned$171
Goodwill and other intangibles$0
All other assets$4,105
Life insurance assets$167,844
Total liabilities and capital$154,458
Total liabilities$148,692
Total deposits$100,833
Interest-bearing deposits$148,692
Deposits held in domestic offices$85
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,500
Other borrowed funds $0
Subordinated debt $1,266
All other liabilities $13,386
Total equity capital$13,386
Total bank equity capital$13,386
Perpetual preferred stock$0
Common stock$690
Surplus$8,210
Undivided profits $4,486
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,085
Income earned, not collected on loans $1,291
Earning assets $0
Long-term assets (5+ years) $605
Average Assets, year-to-date $151,331
Average Assets, quarterly $17,950
Volatile liabilities $163,587
Insider loans $166,724
FHLB advances $119,326
Loans and leases held for sale $168,907
Unused loan commitments $1,788
Tier 1 (core) risk-based capital $1,788
Tier 2 risk-based capital $13,386
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $9,541
Derivatives$1,770
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,148
Total interest expense $1,017
Net interest income $5,131
Provision for loan and lease losses $180
Total noninterest income $1,764
Fiduciary activities $468
Service charges on deposit accounts $119
Trading account gains & fees $0
Additional noninterest income $1,177
Total noninterest expense $5,181
Salaries and employee benefits $3,067
Premises and equipment expense $829
Additional noninterest expense $1,285
Pre-tax net operating income $1,534
Securities gains (losses) $0
Applicable income taxes $441
Income before extraordinary items $1,093
Extraordinary gains - net $0
Net income attributable to bank $1,093
Net charge-offs $0
Cash dividends $1,093
Sale, conversion, retirement of capital stock, net $92
Net operating income $145
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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 0.69%
Net interest margin 3.47%
Noninterest income to earning assets 1.19%
Noninterest expense to earning assets 3.50%
Net operating income to assets 0.67%
Return on assets (ROA) 0.67%
Pretax return on assets 0.94%
Return on equity (ROE) 8.47%
Retained earnings to average equity (YTD only) 7.34%
Net charge-offs to loans 0.10%
Credit loss provision to net charge-offs 195.65%
Efficiency ratio18.63%
Assets per employee$75,141
Cash dividends to net income (YTD only)3.00%
Condition Ratios (%)
Loss allowance to loans 13.27%
Loss allowance to noncurrent loans 2.32%
Noncurrent assets plus other real estate owned to assets 181.33%
Noncurrent loans to loans 0.87%
Net loans and leases to deposits1.28%
Net loans and leases to core deposits 66.31%
Equity capital to assets 67.49%
Core capital (leverage) ratio 7.98%
Tier 1 risk-based capital ratio 7.93%
Total risk-based capital ratio 11.22%
Memoranda
Average assets$12
Average earning assets$163,587
Average equity $12,909
Average loans $147,836
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$40,091
Number of Accounts1
Personal trust and agency accounts$31,681
Employee benefit-defined contribution accounts$18,176
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$6,395
Investment management agency accounts$0
Other fiduciary accounts$7,110
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts224
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$6,395
Employee benefit-defined benefit accounts$0
Other retirement accounts$8,410
Corporate trust and agency accounts$0
Other fiduciary accounts$7,420
Fiduciary accounts held in foreign offices$221
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5 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
015197Kirkwood Bank & Trust Co.2911 N. 14th Street, Suite 101, Bismarck, ND 58503Febuary 18, 1975Full Service Brick and Mortar
1253731Detached Facility826 Kirkwood Mall, Bismarck, ND 58501April 17, 1980Limited Service Facility
2253732South Facility905 Tacoma Avenue, Bismarck, ND 58504August 15, 1996Full Service Brick and Mortar
3253733Dickinson Branch221 First Avenue West, Dickinson, ND 58601October 21, 1996Full Service Brick and Mortar
4471106Downtown Bismarck Location122 East Main Street, Bismarck, ND 58501Febuary 01, 2008Full Service Brick and Mortar
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