Menno State Bank in Menno, South Dakota (SD)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 8 |
| Total assets | $33,931 |
| Cash and due from depository institutions | $5,170 |
| Interest-bearing balances | $3,164 |
| Securities | $12,513 |
| Federal funds sold & reverse repurchase agreements | $3,779 |
| Net loans & leases | $11,547 |
| Loan loss allowance | $226 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $87 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $835 |
| Life insurance assets | $33,931 |
| Total liabilities and capital | $30,528 |
| Total liabilities | $29,935 |
| Total deposits | $22,878 |
| Interest-bearing deposits | $29,935 |
| Deposits held in domestic offices | $96 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $593 |
| All other liabilities | $3,403 |
| Total equity capital | $3,403 |
| Total bank equity capital | $3,403 |
| Perpetual preferred stock | $0 |
| Common stock | $100 |
| Surplus | $950 |
| Undivided profits | $2,353 |
| 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 | $0 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $393 |
| Average Assets, year-to-date | $31,003 |
| Average Assets, quarterly | $3,324 |
| Volatile liabilities | $33,044 |
| Insider loans | $33,704 |
| FHLB advances | $18,485 |
| Loans and leases held for sale | $35,204 |
| Unused loan commitments | $312 |
| Tier 1 (core) risk-based capital | $312 |
| Tier 2 risk-based capital | $3,294 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $2,908 |
| Derivatives | $52 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $1,134 |
| Total interest expense | $183 |
| Net interest income | $951 |
| Provision for loan and lease losses | $7 |
| Total noninterest income | $207 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $49 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $158 |
| Total noninterest expense | $712 |
| Salaries and employee benefits | $439 |
| Premises and equipment expense | $49 |
| Additional noninterest expense | $224 |
| Pre-tax net operating income | $439 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $96 |
| Income before extraordinary items | $343 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $343 |
| Net charge-offs | $0 |
| Cash dividends | $343 |
| Sale, conversion, retirement of capital stock, net | $8 |
| Net operating income | $225 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 3.75% |
| Cost of funding earning assets | 0.61% |
| Net interest margin | 3.15% |
| Noninterest income to earning assets | 0.68% |
| Noninterest expense to earning assets | 2.36% |
| Net operating income to assets | 1.04% |
| Return on assets (ROA) | 1.04% |
| Pretax return on assets | 1.33% |
| Return on equity (ROE) | 10.00% |
| Retained earnings to average equity (YTD only) | 3.44% |
| Net charge-offs to loans | 0.07% |
| Credit loss provision to net charge-offs | 87.50% |
| Efficiency ratio | 55.75% |
| Assets per employee | $61,485 |
| Cash dividends to net income (YTD only) | 4.24% |
| Condition Ratios (%) | |
| Loss allowance to loans | 65.60% |
| Loss allowance to noncurrent loans | 1.92% |
| Noncurrent assets plus other real estate owned to assets | 0.00% |
| Noncurrent loans to loans | 0.00% |
| Net loans and leases to deposits | 0.00% |
| Net loans and leases to core deposits | 38.57% |
| Equity capital to assets | 38.57% |
| Core capital (leverage) ratio | 10.03% |
| Tier 1 risk-based capital ratio | 9.36% |
| Total risk-based capital ratio | 17.82% |
| Memoranda | |
| Average assets | $19 |
| Average earning assets | $33,044 |
| Average equity | $3,430 |
| Average loans | $30,228 |
| 1 South Dakota Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 5750 | Menno State Bank | 105 South Fifth Street, Menno, SD 57045 | January 01, 1901 | Full Service Brick and Mortar |  |
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