North American State Bank in city_name, state_name - Detailed Financial Reports, Location

North American State Bank in Belgrade, Minnesota (MN)
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North American State Bank routing number info

North American State Bank - Overview

General
FDIC Certificate #: 10179
Status: Active
Federal Reserve ID: 393850
Bank Holding Company (Regulatory Top Holder): Nasb Shares, Inc. (RSSDID: 2907859, Location: Belgrade, MN)
Date Established: May 17, 1889
WWW: http://www.nasbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 12353
FDIC's unique #: 6520
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: 321 Washburn Avenue, Belgrade, MN 56312
County: Stearns
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): St. Cloud, MN (#6980)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
CBSA Metro Statistical Area: St. Cloud, MN (#41060)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $105.2 mil
Equity capital: $10.9 mil
Deposits held in domestic offices: $87.9 mil
Return on assets (ROA): 0.18% ($0.2 mil)
Quarterly return on assets: -0.18% (-$0.2 mil)
Return on Equity (ROE): 1.81% ($0.2 mil)
Quarterly return on equity: -1.70% (-$0.2 mil)
Net income: $0.2 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.18% ($189.3 mil)
Quarterly Pretax return on assets: -0.18% (-$189.3 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
30Total employees (full-time equivalent)
$105,165Total assets
$16,504Cash and due from depository institutions
$13,508Interest-bearing balances
$25,330Securities
$819Federal funds sold & reverse repurchase agreements
$51,296Net loans & leases
$1,747Loan loss allowance
$0Trading account assets
$6,956Bank premises and fixed assets
$2,500Other real estate owned
$0Goodwill and other intangibles
$105,164Life insurance assets
$1,760All other assets
$94,238Total liabilities and capital
$87,884Total liabilities
$73,816Total deposits
$87,884Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,117Trading liabilities
$0Other borrowed funds
$237Subordinated debt
$10,926All other liabilities
$10,926Total equity capital
$10,926Total bank equity capital
$0Perpetual preferred stock
$133Common stock
$9,367Surplus
$1,426Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,320Income earned, not collected on loans
$67Earning assets
$463Long-term assets (5+ years)
$90,953Average Assets, year-to-date
$19,952Average Assets, quarterly
$105,840Volatile liabilities
$106,365Insider loans
$66,350FHLB advances
$107,741Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,277Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,252Restructured Loans and leases
$31Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,561Total interest income
$988Total interest expense
$3,573Net interest income
$0Provision for loan and lease losses
$422Total noninterest income
$0Fiduciary activities
$181Service charges on deposit accounts
$0Trading account gains & fees
$241Additional noninterest income
$3,807Total noninterest expense
$2,109Salaries and employee benefits
$723Premises and equipment expense
$975Additional noninterest expense
$188Pre-tax net operating income
$5Securities gains (losses)
$0Applicable income taxes
$193Income before extraordinary items
$0Extraordinary gains - net
$193Net income attributable to bank
$0Net charge-offs
$193Cash dividends
$287Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.97%Yield on earning assets
1.08%Cost of funding earning assets
3.89%Net interest margin
0.46%Noninterest income to earning assets
4.15%Noninterest expense to earning assets
0.18%Net operating income to assets
0.18%Return on assets (ROA)
0.18%Pretax return on assets
1.81%Return on equity (ROE)
1.81%Retained earnings to average equity (YTD only)
0.51%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.66%Efficiency ratio
95,294Assets per employee
3.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.29%Loss allowance to noncurrent loans
52.62%Noncurrent assets plus other real estate owned to assets
5.53%Noncurrent loans to loans
6.26%Net loans and leases to deposits
58.37%Net loans and leases to core deposits
62.09%Equity capital to assets
10.39%Core capital (leverage) ratio
9.54%Tier 1 risk-based capital ratio
15.49%Total risk-based capital ratio
Memoranda
$17Average assets
$105,840Average earning assets
$10,662Average equity
$91,807Average loans

List of branches

3 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	6520	North American State Bank	321 Washburn Avenue, Belgrade, MN 56312	May 17, 1889	Full Service Brick and Mortar
1	13644	Elrosa Branch	Main Street, Elrosa, MN 56325	October 25, 1919	Full Service Brick and Mortar
2	420189	Willmar Branch	2800 First Street South, Willmar, MN 56201	August 25, 2003	Full Service Brick and Mortar

North American State Bank in Belgrade, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

North American State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

North American State Bank in Belgrade, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

North American State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

North American State Bank in Belgrade, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches