Rolette State Bank in Rolette, North Dakota (ND)

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Rolette State Bank routing number info

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Rolette State Bank
GeneralFDIC Certificate #: 9120
Status: Active
Federal Reserve ID: 1012457
Date Established: January 01, 1928
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)11
Total assets$34,599
Cash and due from depository institutions$3,181
Interest-bearing balances$0
Federal funds sold & reverse repurchase agreements$500
Net loans & leases$25,094
Loan loss allowance $273
Trading account assets$0
Bank premises and fixed assets$632
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,169
Life insurance assets$34,599
Total liabilities and capital$31,524
Total liabilities$31,222
Total deposits$23,816
Interest-bearing deposits$31,222
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $302
All other liabilities $3,075
Total equity capital$3,075
Total bank equity capital$3,075
Perpetual preferred stock$0
Common stock$100
Undivided profits $1,075
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 $27
Earning assets $0
Long-term assets (5+ years) $256
Average Assets, year-to-date $29,617
Average Assets, quarterly $5,488
Volatile liabilities $34,546
Insider loans $35,507
FHLB advances $30,492
Loans and leases held for sale $34,138
Unused loan commitments $858
Tier 1 (core) risk-based capital $858
Tier 2 risk-based capital $3,054
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,274
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,480
Total interest expense $287
Net interest income $1,193
Provision for loan and lease losses $0
Total noninterest income $312
Fiduciary activities $0
Service charges on deposit accounts $240
Trading account gains & fees $0
Additional noninterest income $72
Total noninterest expense $1,393
Salaries and employee benefits $824
Premises and equipment expense $173
Additional noninterest expense $396
Pre-tax net operating income $112
Securities gains (losses) $0
Applicable income taxes $7
Income before extraordinary items $105
Extraordinary gains - net $0
Net income attributable to bank $105
Net charge-offs $0
Cash dividends $105
Sale, conversion, retirement of capital stock, net $14
Net operating income $105
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.02%
Cost of funding earning assets 0.97%
Net interest margin 4.04%
Noninterest income to earning assets 1.06%
Noninterest expense to earning assets 4.72%
Net operating income to assets 0.30%
Return on assets (ROA) 0.30%
Pretax return on assets 0.32%
Return on equity (ROE) 3.43%
Retained earnings to average equity (YTD only) 0.00%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio8.00%
Assets per employee$92,558
Cash dividends to net income (YTD only)3.15%
Condition Ratios (%)
Loss allowance to loans 100.00%
Loss allowance to noncurrent loans 1.08%
Noncurrent assets plus other real estate owned to assets 1011.11%
Noncurrent loans to loans 0.08%
Net loans and leases to deposits0.11%
Net loans and leases to core deposits 80.37%
Equity capital to assets 81.89%
Core capital (leverage) ratio 8.89%
Tier 1 risk-based capital ratio 8.95%
Total risk-based capital ratio 10.02%
Average assets$11
Average earning assets$34,546
Average equity $3,062
Average loans $29,506
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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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