Peoples State Bank, Fairmount, N. D. in Fairmount, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Peoples State Bank, Fairmount, N. D. in Fairmount, North Dakota (ND)
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Peoples State Bank, Fairmount, N. D. - Overview

  • General
  • FDIC Certificate #: 17174
    Status: Active
    Federal Reserve ID: 838155
    Bank Holding Company (Regulatory Top Holder): Dakotah Bankshares, Inc. (RSSDID: 2359328, Location: Fairmount, ND)
    Date Established: January 02, 1953
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 11209
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 02, 1953
    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: 201 Maine Avenue, Fairmount, ND 58030
    County: Richland
    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
    Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
    Core Based Statistical Area (CBSA): Wahpeton, ND-MN (#47420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $21.6 mil
    Equity capital: $1.6 mil
    Deposits held in domestic offices: $18.8 mil
    Return on assets (ROA): 0.44% ($0.1 mil)
    Quarterly return on assets: -0.16% (-$0.0 mil)
    Return on Equity (ROE): 5.70% ($0.1 mil)
    Quarterly return on equity: -1.99% (-$0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.52% ($112.2 mil)
    Quarterly Pretax return on assets: -0.28% (-$60.4 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
  • 7Total employees (full-time equivalent)
  • $21,586Total assets
  • $2,619Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,862Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $12,558Net loans & leases
  • $132Loan loss allowance
  • $0Trading account assets
  • $254Bank premises and fixed assets
  • $33Other real estate owned
  • $0Goodwill and other intangibles
  • $21,586Life insurance assets
  • $260All other assets
  • $19,998Total liabilities and capital
  • $18,780Total liabilities
  • $11,940Total deposits
  • $18,780Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 1125.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $93Subordinated debt
  • $1,588All other liabilities
  • $1,588Total equity capital
  • $1,588Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $950Surplus
  • $488Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $30Income earned, not collected on loans
  • $0Earning assets
  • $170Long-term assets (5+ years)
  • $18,420Average Assets, year-to-date
  • $7,726Average Assets, quarterly
  • $20,014Volatile liabilities
  • $20,139Insider loans
  • $12,268FHLB advances
  • $19,672Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,497Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $999Restructured Loans and leases
  • $585Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $810Total interest income
  • $98Total interest expense
  • $712Net interest income
  • $4Provision for loan and lease losses
  • $69Total noninterest income
  • $0Fiduciary activities
  • $58Service charges on deposit accounts
  • $0Trading account gains & fees
  • $11Additional noninterest income
  • $673Total noninterest expense
  • $365Salaries and employee benefits
  • $68Premises and equipment expense
  • $240Additional noninterest expense
  • $104Pre-tax net operating income
  • $0Securities gains (losses)
  • $15Applicable income taxes
  • $89Income before extraordinary items
  • $0Extraordinary gains - net
  • $89Net income attributable to bank
  • $0Net charge-offs
  • $89Cash dividends
  • $62Sale, conversion, retirement of capital stock, net
  • $25Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.67%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.11%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 3.88%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 5.70%Return on equity (ROE)
  • 4.10%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 6.45%Credit loss provision to net charge-offs
  • 1.74%Efficiency ratio
  • 86,172Assets per employee
  • 3.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.09%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 440.00%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 66.87%Net loans and leases to core deposits
  • 66.87%Equity capital to assets
  • 7.36%Core capital (leverage) ratio
  • 7.61%Tier 1 risk-based capital ratio
  • 12.20%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $20,014Average earning assets
  • $1,561Average equity
  • $17,333Average loans

List of branches

  • 2 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011209Peoples State Bank, Fairmount, N. D.201 Maine Avenue, Fairmount, ND 58030January 02, 1953Full Service Brick and Mortar
    1359943Wahpeton Branch1900 11th Street North, Wahpeton, ND 58075November 20, 2000Full Service Brick and Mortar

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