Peoples State Bank, Fairmount, N. D. in Fairmount, North Dakota (ND)
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Peoples State Bank, Fairmount, N. D. routing number info
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| Peoples State Bank, Fairmount, N. D. | |
|---|---|
| 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 WWW: http://www.peoples-state.com 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) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 7 |
| Total assets | $21,586 |
| Cash and due from depository institutions | $2,619 |
| Interest-bearing balances | $0 |
| Securities | $5,862 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $12,558 |
| Loan loss allowance | $132 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $254 |
| Other real estate owned | $33 |
| Goodwill and other intangibles | $0 |
| All other assets | $260 |
| Life insurance assets | $21,586 |
| Total liabilities and capital | $19,998 |
| Total liabilities | $18,780 |
| Total deposits | $11,940 |
| Interest-bearing deposits | $18,780 |
| Deposits held in domestic offices | $98 |
| % insured (estimated) | 1125.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $93 |
| All other liabilities | $1,588 |
| Total equity capital | $1,588 |
| Total bank equity capital | $1,588 |
| Perpetual preferred stock | $0 |
| Common stock | $150 |
| Surplus | $950 |
| Undivided profits | $488 |
| 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 | $30 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $170 |
| Average Assets, year-to-date | $18,420 |
| Average Assets, quarterly | $7,726 |
| Volatile liabilities | $20,014 |
| Insider loans | $20,139 |
| FHLB advances | $12,268 |
| Loans and leases held for sale | $19,672 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $1,497 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $999 |
| Derivatives | $585 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $810 |
| Total interest expense | $98 |
| Net interest income | $712 |
| Provision for loan and lease losses | $4 |
| Total noninterest income | $69 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $58 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $11 |
| Total noninterest expense | $673 |
| Salaries and employee benefits | $365 |
| Premises and equipment expense | $68 |
| Additional noninterest expense | $240 |
| Pre-tax net operating income | $104 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $15 |
| Income before extraordinary items | $89 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $89 |
| Net charge-offs | $0 |
| Cash dividends | $89 |
| Sale, conversion, retirement of capital stock, net | $62 |
| Net operating income | $25 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.67% |
| Cost of funding earning assets | 0.57% |
| Net interest margin | 4.11% |
| Noninterest income to earning assets | 0.40% |
| Noninterest expense to earning assets | 3.88% |
| Net operating income to assets | 0.44% |
| Return on assets (ROA) | 0.44% |
| Pretax return on assets | 0.52% |
| Return on equity (ROE) | 5.70% |
| Retained earnings to average equity (YTD only) | 4.10% |
| Net charge-offs to loans | 0.55% |
| Credit loss provision to net charge-offs | 6.45% |
| Efficiency ratio | 1.74% |
| Assets per employee | $86,172 |
| Cash dividends to net income (YTD only) | 3.08% |
| Condition Ratios (%) | |
| Loss allowance to loans | 28.09% |
| Loss allowance to noncurrent loans | 1.04% |
| Noncurrent assets plus other real estate owned to assets | 440.00% |
| Noncurrent loans to loans | 0.29% |
| Net loans and leases to deposits | 0.24% |
| Net loans and leases to core deposits | 66.87% |
| Equity capital to assets | 66.87% |
| Core capital (leverage) ratio | 7.36% |
| Tier 1 risk-based capital ratio | 7.61% |
| Total risk-based capital ratio | 12.20% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $20,014 |
| Average equity | $1,561 |
| Average loans | $17,333 |
| 2 North Dakota Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 11209 | Peoples State Bank, Fairmount, N. D. | 201 Maine Avenue, Fairmount, ND 58030 | January 02, 1953 | Full Service Brick and Mortar |  |
| 1 | 359943 | Wahpeton Branch | 1900 11th Street North, Wahpeton, ND 58075 | November 20, 2000 | Full Service Brick and Mortar |  |
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