Peoples State Bank of Plainview in Plainview, Minnesota (MN), WI



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Peoples State Bank of Plainview routing number info

Table of contents:
Peoples State Bank of Plainview
GeneralFDIC Certificate #: 1100
Status: Active
Federal Reserve ID: 786555
Bank Holding Company (Regulatory Top Holder): Wrz Bankshares, Inc. (RSSDID: 1427640, Location: Plainview, MN)
Date Established: June 29, 1925
WWW: http://www.peoplesstatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 6 (Domestic: 6, Interstate: Yes)
OTS Docket #: 10666
FDIC's unique #: 745
Numeric code: 13
Regulator: FED
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: October 02, 2007
Last Structure Change Process Date: October 02, 2007
Last Data Update: October 02, 2007
Data Source Date: April 05, 2012
LocationAddress: 100 4th Avenue S.E., Plainview, MN 55964
County: Wabasha
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
Core Based Statistical Area (CBSA): Rochester, MN (#40340)
CBSA Metro Statistical Area: Rochester, MN (#40340)
Financial SummaryTotal assets: $179.0 mil
Equity capital: $17.0 mil
Deposits held in domestic offices: $142.5 mil
Return on assets (ROA): 1.12% ($2.0 mil)
Quarterly return on assets: 1.31% ($2.3 mil)
Return on Equity (ROE): 11.83% ($2.0 mil)
Quarterly return on equity: 13.76% ($2.3 mil)
Net income: $1.9 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.12% ($2,005.2 mil)
Quarterly Pretax return on assets: 1.32% ($2,363.3 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)
Total employees (full-time equivalent)38
Total assets$179,039
Cash and due from depository institutions$5,365
Interest-bearing balances$2,092
Securities$57,457
Federal funds sold & reverse repurchase agreements$95
Net loans & leases$106,909
Loan loss allowance $1,825
Trading account assets$0
Bank premises and fixed assets$2,213
Other real estate owned$866
Goodwill and other intangibles$0
All other assets$6,134
Life insurance assets$179,039
Total liabilities and capital$162,055
Total liabilities$142,534
Total deposits$118,234
Interest-bearing deposits$142,534
Deposits held in domestic offices$91
% insured (estimated)4832.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$12,371
Other borrowed funds $0
Subordinated debt $2,318
All other liabilities $16,984
Total equity capital$16,984
Total bank equity capital$16,984
Perpetual preferred stock$0
Common stock$900
Surplus$7,100
Undivided profits $8,984
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $782
Income earned, not collected on loans $2,057
Earning assets $0
Long-term assets (5+ years) $945
Average Assets, year-to-date $166,553
Average Assets, quarterly $75,313
Volatile liabilities $170,817
Insider loans $177,027
FHLB advances $117,418
Loans and leases held for sale $177,790
Unused loan commitments $3,519
Tier 1 (core) risk-based capital $3,519
Tier 2 risk-based capital $15,619
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,447
Derivatives$640
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,571
Total interest expense $2,039
Net interest income $5,532
Provision for loan and lease losses $491
Total noninterest income $1,222
Fiduciary activities $0
Service charges on deposit accounts $366
Trading account gains & fees $0
Additional noninterest income $856
Total noninterest expense $4,348
Salaries and employee benefits $2,648
Premises and equipment expense $494
Additional noninterest expense $1,206
Pre-tax net operating income $1,915
Securities gains (losses) $5
Applicable income taxes $6
Income before extraordinary items $1,914
Extraordinary gains - net $0
Net income attributable to bank $1,914
Net charge-offs $0
Cash dividends $1,914
Sale, conversion, retirement of capital stock, net $363
Net operating income $1,354
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.78%
Cost of funding earning assets 1.29%
Net interest margin 3.49%
Noninterest income to earning assets 0.77%
Noninterest expense to earning assets 2.74%
Net operating income to assets 1.12%
Return on assets (ROA) 1.12%
Pretax return on assets 1.12%
Return on equity (ROE) 11.83%
Retained earnings to average equity (YTD only) 3.46%
Net charge-offs to loans 0.34%
Credit loss provision to net charge-offs 135.26%
Efficiency ratio6.63%
Assets per employee$64,377
Cash dividends to net income (YTD only)4.71%
Condition Ratios (%)
Loss allowance to loans 70.74%
Loss allowance to noncurrent loans 1.68%
Noncurrent assets plus other real estate owned to assets 88.72%
Noncurrent loans to loans 1.63%
Net loans and leases to deposits1.89%
Net loans and leases to core deposits 75.01%
Equity capital to assets 77.36%
Core capital (leverage) ratio 9.49%
Tier 1 risk-based capital ratio 8.79%
Total risk-based capital ratio 13.30%
Memoranda
Average assets$15
Average earning assets$170,817
Average equity $16,178
Average loans $158,474
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3 Minnesota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0745Peoples State Bank Of Plainview100 4th Avenue S.E., Plainview, MN 55964June 29, 1925Full Service Brick and Mortar
19561Elgin Branch155 East Main, Elgin, MN 55932May 14, 1935Full Service Brick and Mortar
2233345Millville BranchDivision And Snider Streets, Millville, MN 55957May 30, 1978Limited Service Facility
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3 Wisconsin Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
3775Boyceville Branch715 Highway 79, Boyceville, WI 54725January 01, 1909Full Service Brick and Mortar
4187939Messenger Service Branch715 Highway 79, Boyceville, WI 54725April 07, 1997Limited Service Messenger
5187940Menomonie Branch1428 Broadway St N, Menomonie, WI 54751July 08, 1998Full Service Brick and Mortar
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