State Bank in Eden Valley in Eden Valley, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank in Eden Valley - Overview

  • General
  • FDIC Certificate #: 1916
    Status: Active
    Federal Reserve ID: 411053
    Bank Holding Company (Regulatory Top Holder): Eden Valley Bancshares, Inc. (RSSDID: 1128693, Location: Eden Valley, MN)
    Date Established: January 02, 1932
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12576
    FDIC's unique #: 1281
    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: May 27, 2010
    Last Structure Change Process Date: May 27, 2010
    Last Data Update: May 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 359 State Street North, Eden Valley, MN 55329
    County: Meeker
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Mankato
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $27.7 mil
    Equity capital: $3.0 mil
    Deposits held in domestic offices: $24.7 mil
    Return on assets (ROA): 1.46% ($0.4 mil)
    Quarterly return on assets: 1.70% ($0.5 mil)
    Return on Equity (ROE): 15.34% ($0.5 mil)
    Quarterly return on equity: 15.80% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.46% ($404.6 mil)
    Quarterly Pretax return on assets: 1.70% ($471.1 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
  • 9Total employees (full-time equivalent)
  • $27,711Total assets
  • $969Cash and due from depository institutions
  • $801Interest-bearing balances
  • $8,487Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $16,598Net loans & leases
  • $271Loan loss allowance
  • $0Trading account assets
  • $276Bank premises and fixed assets
  • $849Other real estate owned
  • $0Goodwill and other intangibles
  • $27,710Life insurance assets
  • $532All other assets
  • $24,725Total liabilities and capital
  • $24,695Total liabilities
  • $18,655Total deposits
  • $24,695Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $30Subordinated debt
  • $2,985All other liabilities
  • $2,985Total equity capital
  • $2,985Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $2,650Surplus
  • $285Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $588Income earned, not collected on loans
  • $0Earning assets
  • $223Long-term assets (5+ years)
  • $25,886Average Assets, year-to-date
  • $7,411Average Assets, quarterly
  • $27,836Volatile liabilities
  • $27,541Insider loans
  • $21,668FHLB advances
  • $27,603Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,909Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,133Restructured Loans and leases
  • $49Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,383Total interest income
  • $172Total interest expense
  • $1,211Net interest income
  • $180Provision for loan and lease losses
  • $122Total noninterest income
  • $0Fiduciary activities
  • $89Service charges on deposit accounts
  • $0Trading account gains & fees
  • $33Additional noninterest income
  • $957Total noninterest expense
  • $459Salaries and employee benefits
  • $82Premises and equipment expense
  • $416Additional noninterest expense
  • $196Pre-tax net operating income
  • $210Securities gains (losses)
  • $0Applicable income taxes
  • $406Income before extraordinary items
  • $0Extraordinary gains - net
  • $406Net income attributable to bank
  • $0Net charge-offs
  • $406Cash dividends
  • $186Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.30%Yield on earning assets
  • 0.66%Cost of funding earning assets
  • 4.64%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.67%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 1.46%Pretax return on assets
  • 15.34%Return on equity (ROE)
  • 15.34%Retained earnings to average equity (YTD only)
  • 1.08%Net charge-offs to loans
  • 96.77%Credit loss provision to net charge-offs
  • 2.02%Efficiency ratio
  • 71,793Assets per employee
  • 3.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 46.09%Noncurrent assets plus other real estate owned to assets
  • 5.19%Noncurrent loans to loans
  • 3.49%Net loans and leases to deposits
  • 67.21%Net loans and leases to core deposits
  • 72.28%Equity capital to assets
  • 10.77%Core capital (leverage) ratio
  • 10.54%Tier 1 risk-based capital ratio
  • 13.43%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $27,836Average earning assets
  • $2,646Average equity
  • $26,103Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01281State Bank In Eden Valley359 State Street North, Eden Valley, MN 55329January 02, 1932Full Service Brick and Mortar

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