Security First Bank of North Dakota in city_name, state_name

Security First Bank of North Dakota in New Salem, North Dakota (ND)
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Security First Bank of North Dakota routing number info

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Security First Bank of North Dakota - Overview

General
FDIC Certificate #: 11519
Status: Active
Federal Reserve ID: 693952
Bank Holding Company (Regulatory Top Holder): Oliver Bancorporation, Inc. (RSSDID: 1127409, Location: Center, ND)
Date Established: January 01, 1925
WWW: http://www.securityfirstbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 12396
FDIC's unique #: 7361
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: August 21, 2008
Last Structure Change Process Date: August 21, 2008
Last Data Update: August 21, 2008
Data Source Date: April 05, 2012
Location
Address: 700 Ash Avenue, New Salem, ND 58563
County: Morton
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
Metropolitan Statistical Area (MSA): Bismarck, ND (#1010)
Core Based Statistical Area (CBSA): Bismarck, ND (#13900)
CBSA Metro Statistical Area: Bismarck, ND (#13900)
Financial Summary
Total assets: $140.5 mil
Equity capital: $14.4 mil
Deposits held in domestic offices: $116.1 mil
Return on assets (ROA): 1.97% ($2.8 mil)
Quarterly return on assets: 2.12% ($3.0 mil)
Return on Equity (ROE): 19.52% ($2.7 mil)
Quarterly return on equity: 20.52% ($2.9 mil)
Net income: $2.6 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 2.11% ($2,965.2 mil)
Quarterly Pretax return on assets: 2.28% ($3,204.1 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
33Total employees (full-time equivalent)
$140,532Total assets
$9,318Cash and due from depository institutions
$5,220Interest-bearing balances
$14,006Securities
$3,923Federal funds sold & reverse repurchase agreements
$105,105Net loans & leases
$1,847Loan loss allowance
$0Trading account assets
$3,172Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$140,532Life insurance assets
$5,008All other assets
$126,129Total liabilities and capital
$116,108Total liabilities
$93,032Total deposits
$116,108Interest-bearing deposits
$93Deposits held in domestic offices
1569.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,906Trading liabilities
$0Other borrowed funds
$1,546Subordinated debt
$14,403All other liabilities
$14,403Total equity capital
$14,403Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$3,600Surplus
$10,403Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,571Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$221Income earned, not collected on loans
$87Earning assets
$1,319Long-term assets (5+ years)
$128,254Average Assets, year-to-date
$21,422Average Assets, quarterly
$133,559Volatile liabilities
$137,089Insider loans
$114,841FHLB advances
$138,093Loans and leases held for sale
$2,673Unused loan commitments
$2,673Tier 1 (core) risk-based capital
$14,276Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,025Restructured Loans and leases
$64Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,340Total interest income
$1,152Total interest expense
$6,188Net interest income
$244Provision for loan and lease losses
$1,051Total noninterest income
$3Fiduciary activities
$183Service charges on deposit accounts
$0Trading account gains & fees
$865Additional noninterest income
$4,183Total noninterest expense
$2,843Salaries and employee benefits
$280Premises and equipment expense
$1,060Additional noninterest expense
$2,812Pre-tax net operating income
$0Securities gains (losses)
$183Applicable income taxes
$2,629Income before extraordinary items
$0Extraordinary gains - net
$2,629Net income attributable to bank
$0Net charge-offs
$2,629Cash dividends
$149Sale, conversion, retirement of capital stock, net
$994Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.98%Yield on earning assets
0.94%Cost of funding earning assets
5.04%Net interest margin
0.86%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
1.97%Net operating income to assets
1.97%Return on assets (ROA)
2.11%Pretax return on assets
19.52%Return on equity (ROE)
12.14%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
163.76%Credit loss provision to net charge-offs
20.51%Efficiency ratio
57,784Assets per employee
4.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.81%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
835.75%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.21%Net loans and leases to deposits
90.52%Net loans and leases to core deposits
94.45%Equity capital to assets
10.25%Core capital (leverage) ratio
10.34%Tier 1 risk-based capital ratio
12.43%Total risk-based capital ratio
Memoranda
$14Average assets
$133,559Average earning assets
$13,471Average equity
$122,818Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$59Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
5Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$59Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7361	Security First Bank Of North Dakota	700 Ash Avenue, New Salem, ND 58563	January 01, 1925	Full Service Brick and Mortar
2	224769	Paying And Receiving Station Branch	Main Street, Almont, ND 58520	Febuary 17, 1978	Limited Service Facility
3	16113	Center Branch	Main Street And Center Avenue, Center, ND 58530	January 02, 1980	Full Service Brick and Mortar
4	356623	Mandan Branch	614 West Main Street, Mandan, ND 58554	June 05, 2000	Full Service Brick and Mortar
5	433040	Security First Bank Of North Dakota	3000 North 14th Street, Bismarck, ND 58503	November 16, 2004	Full Service Brick and Mortar

Security First Bank of North Dakota in New Salem, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

Security First Bank of North Dakota - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Security First Bank of North Dakota in New Salem, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

Security First Bank of North Dakota - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Security First Bank of North Dakota in New Salem, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches