Starion Financial in Bismarck, North Dakota (ND), WI
Overview, Financial Summary, Detailed Financial Reports, Branches


Starion Financial - Overview

  • General
  • FDIC Certificate #: 33758
    Status: Active
    Federal Reserve ID: 2009605
    Bank Holding Company (Regulatory Top Holder): Starion Bancorporation (RSSDID: 1126729, Location: Bismarck, ND)
    Date Established: January 01, 1993
    WWW: http://www.starionfinancial.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: Yes)
    OTS Docket #: 12769
    FDIC's unique #: 47968
    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, 1993
    Last Structure Change Effective Date: October 07, 2011
    Last Structure Change Process Date: November 08, 2011
    Last Data Update: November 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 North Fourth Street, Bismarck, ND 58501
    County: Burleigh
    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)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $924.6 mil
    Equity capital: $80.7 mil
    Deposits held in domestic offices: $779.2 mil
    Return on assets (ROA): 1.55% ($14.3 mil)
    Quarterly return on assets: 1.78% ($16.5 mil)
    Return on Equity (ROE): 17.19% ($13.9 mil)
    Quarterly return on equity: 19.58% ($15.9 mil)
    Net income: $12.8 mil
    Quarterly Net income: $3.9 mil
    Pretax return on assets: 1.60% ($14,794.3 mil)
    Quarterly Pretax return on assets: 1.81% ($16,736.0 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
  • 217Total employees (full-time equivalent)
  • $924,641Total assets
  • $40,268Cash and due from depository institutions
  • $21,001Interest-bearing balances
  • $239,031Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $610,976Net loans & leases
  • $10,986Loan loss allowance
  • $0Trading account assets
  • $19,303Bank premises and fixed assets
  • $1,702Other real estate owned
  • $1,702Goodwill and other intangibles
  • $924,641Life insurance assets
  • $11,659All other assets
  • $843,986Total liabilities and capital
  • $779,170Total liabilities
  • $609,295Total deposits
  • $779,170Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 26879.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $34,030Trading liabilities
  • $0Other borrowed funds
  • $3,907Subordinated debt
  • $80,655All other liabilities
  • $80,655Total equity capital
  • $80,655Total bank equity capital
  • $0Perpetual preferred stock
  • $490Common stock
  • $20,010Surplus
  • $60,155Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $12,410Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,119Income earned, not collected on loans
  • $78Earning assets
  • $5,161Long-term assets (5+ years)
  • $871,008Average Assets, year-to-date
  • $264,200Average Assets, quarterly
  • $824,516Volatile liabilities
  • $874,536Insider loans
  • $642,734FHLB advances
  • $881,180Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $72,246Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $74,156Restructured Loans and leases
  • $4,224Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $38,436Total interest income
  • $5,932Total interest expense
  • $32,504Net interest income
  • $3,740Provision for loan and lease losses
  • $5,474Total noninterest income
  • $0Fiduciary activities
  • $928Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,546Additional noninterest income
  • $21,243Total noninterest expense
  • $13,547Salaries and employee benefits
  • $2,980Premises and equipment expense
  • $4,716Additional noninterest expense
  • $12,995Pre-tax net operating income
  • $180Securities gains (losses)
  • $370Applicable income taxes
  • $12,805Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,805Net income attributable to bank
  • $0Net charge-offs
  • $12,805Cash dividends
  • $1,877Sale, conversion, retirement of capital stock, net
  • $5,050Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.72%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.55%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 17.19%Return on equity (ROE)
  • 10.41%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 199.25%Credit loss provision to net charge-offs
  • 8.92%Efficiency ratio
  • 55,782Assets per employee
  • 4.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.44%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 352.23%Noncurrent assets plus other real estate owned to assets
  • 0.52%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 78.41%Net loans and leases to core deposits
  • 88.43%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 11.24%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $824,516Average earning assets
  • $74,503Average equity
  • $781,415Average loans

List of branches

  • 12 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047968Starion Financial333 North Fourth Street, Bismarck, ND 58501January 01, 1993Full Service Brick and Mortar
    211919Mandan Branch109 First Street, N.W., Mandan, ND 58554April 29, 1959Full Service Brick and Mortar
    42576Oakes Branch601 Main Avenue, Oakes, ND 58474January 01, 1902Full Service Brick and Mortar
    52556Ellendale Branch100 Main Street, Ellendale, ND 58436January 01, 1883Full Service Brick and Mortar
    6289858Bismarck North Branch2900 North Washington Street, Bismarck, ND 58502January 02, 1996Full Service Brick and Mortar
    7289859Bismarck South Branch1000 South Washington Street, Bismarck, ND 58502September 23, 1998Full Service Brick and Mortar
    10475485Fargo Urban Plains Branch2754 Brandt Drive South, Fargo, ND 58104May 07, 2008Full Service Brick and Mortar
    11479933Bismarck Plaza Branch1300 Skyline Blvd Suite 101, Bismarck, ND 58503Febuary 01, 2008Full Service Brick and Mortar
    12480779Fargo University Dr Branch2525 University Drive South, Fargo, ND 58103August 28, 2008Full Service Brick and Mortar
    137360Dunseith Branch11 Main Street Ne, Dunseith, ND 58329July 05, 1905Full Service Brick and Mortar
    14289377Rolla BranchMain And 3rd Se, Rolla, ND 58367November 01, 1997Full Service Brick and Mortar
    15474033Bottineau Branch804 East 11th Street, Bottineau, ND 58318April 21, 2008Full Service Brick and Mortar
  • 1 Wisconsin Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    9455686Middleton, Wi Branch1651 John Q. Hammons Drive, Middleton, WI 53562July 06, 2006Full Service Brick and Mortar

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