Minnstar Bank National Association in Lake Crystal, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Minnstar Bank National Association - Overview

  • General
  • FDIC Certificate #: 13809
    Status: Active
    Federal Reserve ID: 89854
    Bank Holding Company (Regulatory Top Holder): Lake Crystal Bancorporation, Inc. (RSSDID: 1126747, Location: Lake Crystal, MN)
    Date Established: January 29, 1934
    WWW: http://www.minnstarbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 8632
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 29, 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: 202 North Main Street, Lake Crystal, MN 56055
    County: Blue Earth
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Mankato
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Mankato-North Mankato, MN (#31860)
    CBSA Metro Statistical Area: Mankato-North Mankato, MN (#31860)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $114.3 mil
    Equity capital: $8.7 mil
    Deposits held in domestic offices: $103.4 mil
    Return on assets (ROA): 0.29% ($0.3 mil)
    Quarterly return on assets: 0.64% ($0.7 mil)
    Return on Equity (ROE): 3.59% ($0.3 mil)
    Quarterly return on equity: 8.10% ($0.7 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.29% ($331.5 mil)
    Quarterly Pretax return on assets: 0.64% ($731.6 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
  • 29Total employees (full-time equivalent)
  • $114,319Total assets
  • $16,859Cash and due from depository institutions
  • $13,702Interest-bearing balances
  • $19,746Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $67,021Net loans & leases
  • $1,274Loan loss allowance
  • $0Trading account assets
  • $4,065Bank premises and fixed assets
  • $2,689Other real estate owned
  • $0Goodwill and other intangibles
  • $114,319Life insurance assets
  • $3,939All other assets
  • $105,616Total liabilities and capital
  • $103,392Total liabilities
  • $79,055Total deposits
  • $103,392Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $885Trading liabilities
  • $0Other borrowed funds
  • $1,339Subordinated debt
  • $8,703All other liabilities
  • $8,703Total equity capital
  • $8,703Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $2,600Surplus
  • $5,903Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $726Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,228Income earned, not collected on loans
  • $129Earning assets
  • $711Long-term assets (5+ years)
  • $100,469Average Assets, year-to-date
  • $18,032Average Assets, quarterly
  • $103,826Volatile liabilities
  • $108,402Insider loans
  • $72,551FHLB advances
  • $107,884Loans and leases held for sale
  • $2,160Unused loan commitments
  • $2,160Tier 1 (core) risk-based capital
  • $8,658Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,967Restructured Loans and leases
  • $1,473Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,761Total interest income
  • $923Total interest expense
  • $3,838Net interest income
  • $456Provision for loan and lease losses
  • $526Total noninterest income
  • $0Fiduciary activities
  • $245Service charges on deposit accounts
  • $0Trading account gains & fees
  • $281Additional noninterest income
  • $3,637Total noninterest expense
  • $1,768Salaries and employee benefits
  • $531Premises and equipment expense
  • $1,338Additional noninterest expense
  • $271Pre-tax net operating income
  • $31Securities gains (losses)
  • $0Applicable income taxes
  • $302Income before extraordinary items
  • $0Extraordinary gains - net
  • $302Net income attributable to bank
  • $0Net charge-offs
  • $302Cash dividends
  • $435Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 4.02%Noninterest expense to earning assets
  • 0.26%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 3.59%Return on equity (ROE)
  • 3.59%Retained earnings to average equity (YTD only)
  • 0.63%Net charge-offs to loans
  • 104.83%Credit loss provision to net charge-offs
  • 1.67%Efficiency ratio
  • 83,341Assets per employee
  • 3.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.87%Loss allowance to noncurrent loans
  • 57.18%Noncurrent assets plus other real estate owned to assets
  • 4.30%Noncurrent loans to loans
  • 3.26%Net loans and leases to deposits
  • 64.82%Net loans and leases to core deposits
  • 66.64%Equity capital to assets
  • 7.61%Core capital (leverage) ratio
  • 8.03%Tier 1 risk-based capital ratio
  • 11.93%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $103,826Average earning assets
  • $8,412Average equity
  • $90,376Average loans

List of branches

  • 3 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08632Minnstar Bank National Association202 North Main Street, Lake Crystal, MN 56055January 29, 1934Full Service Brick and Mortar
    13452Good Thunder Branch400 Main, Good Thunder, MN 56037March 19, 1919Full Service Brick and Mortar
    2207263Mankato Detached Facility201 Poplar Street, Mankato, MN 56001October 22, 1984Full Service Brick and Mortar

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