Rolette State Bank in Rolette, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches


Rolette State Bank - Overview

  • General
  • FDIC Certificate #: 9120
    Status: Active
    Federal Reserve ID: 1012457
    Date Established: January 01, 1928
    WWW: http://www.rolettestatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5838
    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: 209 Main Street, Rolette, ND 58366
    County: Rolette
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $34.6 mil
    Equity capital: $3.1 mil
    Deposits held in domestic offices: $31.2 mil
    Return on assets (ROA): 0.30% ($0.1 mil)
    Quarterly return on assets: 0.00% ($0.0 mil)
    Return on Equity (ROE): 3.43% ($0.1 mil)
    Quarterly return on equity: 0.00% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.32% ($110.7 mil)
    Quarterly Pretax return on assets: 0.00% ($0.0 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
  • 11Total employees (full-time equivalent)
  • $34,599Total assets
  • $3,181Cash and due from depository institutions
  • $0Interest-bearing balances
  • $4,023Securities
  • $500Federal funds sold & reverse repurchase agreements
  • $25,094Net loans & leases
  • $273Loan loss allowance
  • $0Trading account assets
  • $632Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $34,599Life insurance assets
  • $1,169All other assets
  • $31,524Total liabilities and capital
  • $31,222Total liabilities
  • $23,816Total deposits
  • $31,222Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $302Subordinated debt
  • $3,075All other liabilities
  • $3,075Total equity capital
  • $3,075Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,900Surplus
  • $1,075Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $27Income earned, not collected on loans
  • $0Earning assets
  • $256Long-term assets (5+ years)
  • $29,617Average Assets, year-to-date
  • $5,488Average Assets, quarterly
  • $34,546Volatile liabilities
  • $35,507Insider loans
  • $30,492FHLB advances
  • $34,138Loans and leases held for sale
  • $858Unused loan commitments
  • $858Tier 1 (core) risk-based capital
  • $3,054Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,274Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,480Total interest income
  • $287Total interest expense
  • $1,193Net interest income
  • $0Provision for loan and lease losses
  • $312Total noninterest income
  • $0Fiduciary activities
  • $240Service charges on deposit accounts
  • $0Trading account gains & fees
  • $72Additional noninterest income
  • $1,393Total noninterest expense
  • $824Salaries and employee benefits
  • $173Premises and equipment expense
  • $396Additional noninterest expense
  • $112Pre-tax net operating income
  • $0Securities gains (losses)
  • $7Applicable income taxes
  • $105Income before extraordinary items
  • $0Extraordinary gains - net
  • $105Net income attributable to bank
  • $0Net charge-offs
  • $105Cash dividends
  • $14Sale, conversion, retirement of capital stock, net
  • $105Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.02%Yield on earning assets
  • 0.97%Cost of funding earning assets
  • 4.04%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 3.43%Return on equity (ROE)
  • 0.00%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 8.00%Efficiency ratio
  • 92,558Assets per employee
  • 3.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 100.00%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 1011.11%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 80.37%Net loans and leases to core deposits
  • 81.89%Equity capital to assets
  • 8.89%Core capital (leverage) ratio
  • 8.95%Tier 1 risk-based capital ratio
  • 10.02%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $34,546Average earning assets
  • $3,062Average equity
  • $29,506Average loans

List of branches

  • 1 North Dakota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05838Rolette State Bank209 Main Street, Rolette, ND 58366January 01, 1928Full Service Brick and Mortar

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