Peoples State Bank of Madison Lake in city_name, state_name

Peoples State Bank of Madison Lake in Madison Lake, Minnesota (MN)
Show street view No street view available for this location

Peoples State Bank of Madison Lake routing number info

Peoples State Bank of Madison Lake - Overview

General
FDIC Certificate #: 1923
Status: Active
Federal Reserve ID: 957551
Bank Holding Company (Regulatory Top Holder): Van Deusen Bancorp, Inc. (RSSDID: 1128871, Location: Madison Lake, MN)
Date Established: November 15, 1901
WWW: http://www.psbmadlake.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 #: 1288
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending 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: 500 Main Street, Madison Lake, MN 56063
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: $21.9 mil
Equity capital: $1.8 mil
Deposits held in domestic offices: $20.0 mil
Return on assets (ROA): 0.16% ($0.0 mil)
Quarterly return on assets: 0.33% ($0.1 mil)
Return on Equity (ROE): 2.25% ($0.0 mil)
Quarterly return on equity: 4.12% ($0.1 mil)
Net income: $0.0 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.16% ($35.1 mil)
Quarterly Pretax return on assets: 0.33% ($72.3 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
7Total employees (full-time equivalent)
$21,913Total assets
$5,149Cash and due from depository institutions
$2,803Interest-bearing balances
$1,868Securities
$1,086Federal funds sold & reverse repurchase agreements
$12,850Net loans & leases
$472Loan loss allowance
$0Trading account assets
$404Bank premises and fixed assets
$61Other real estate owned
$0Goodwill and other intangibles
$21,913Life insurance assets
$495All other assets
$20,082Total liabilities and capital
$20,048Total liabilities
$16,818Total deposits
$20,048Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$34Subordinated debt
$1,831All other liabilities
$1,831Total equity capital
$1,831Total bank equity capital
$0Perpetual preferred stock
$125Common stock
$2,725Surplus
$-1,019Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$804Income earned, not collected on loans
$0Earning assets
$143Long-term assets (5+ years)
$18,607Average Assets, year-to-date
$444Average Assets, quarterly
$23,142Volatile liabilities
$21,563Insider loans
$13,877FHLB advances
$21,626Loans and leases held for sale
$189Unused loan commitments
$189Tier 1 (core) risk-based capital
$1,754Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,240Restructured Loans and leases
$48Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,012Total interest income
$253Total interest expense
$759Net interest income
$15Provision for loan and lease losses
$162Total noninterest income
$0Fiduciary activities
$102Service charges on deposit accounts
$0Trading account gains & fees
$60Additional noninterest income
$870Total noninterest expense
$462Salaries and employee benefits
$150Premises and equipment expense
$258Additional noninterest expense
$36Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$36Income before extraordinary items
$0Extraordinary gains - net
$36Net income attributable to bank
$0Net charge-offs
$36Cash dividends
$27Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
1.28%Cost of funding earning assets
3.84%Net interest margin
0.82%Noninterest income to earning assets
4.40%Noninterest expense to earning assets
0.16%Net operating income to assets
0.16%Return on assets (ROA)
0.16%Pretax return on assets
2.25%Return on equity (ROE)
2.25%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
55.56%Credit loss provision to net charge-offs
1.89%Efficiency ratio
94,463Assets per employee
3.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.54%Loss allowance to noncurrent loans
58.71%Noncurrent assets plus other real estate owned to assets
3.95%Noncurrent loans to loans
6.04%Net loans and leases to deposits
64.10%Net loans and leases to core deposits
64.10%Equity capital to assets
8.36%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$23,142Average earning assets
$1,597Average equity
$19,762Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	1288	Peoples State Bank Of Madison Lake	500 Main Street, Madison Lake, MN 56063	November 15, 1901	Full Service Brick and Mortar
1	190422	Eagle Lake Branch	401 Parkway, Eagle Lake, MN 56024	September 14, 1992	Full Service Brick and Mortar

Peoples State Bank of Madison Lake in Madison Lake, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Peoples State Bank of Madison Lake - 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:

Peoples State Bank of Madison Lake in Madison Lake, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Peoples State Bank of Madison Lake - 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:

Peoples State Bank of Madison Lake in Madison Lake, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches