State Bank of Cold Spring in Cold Spring, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank of Cold Spring - Overview

  • General
  • FDIC Certificate #: 12444
    Status: Active
    Federal Reserve ID: 116358
    Bank Holding Company (Regulatory Top Holder): Lindell Bancshares, Inc. (RSSDID: 1128200, Location: Cold Spring, MN)
    Date Established: January 01, 1908
    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 #: 14423
    FDIC's unique #: 7923
    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: All Other Specialization < 1 Billion
    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: 401 Main Street, Cold Spring, MN 56320
    County: Stearns
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Cloud, MN (#6980)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): St. Cloud, MN (#41060)
    CBSA Metro Statistical Area: St. Cloud, MN (#41060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $50.8 mil
    Equity capital: $4.6 mil
    Deposits held in domestic offices: $45.3 mil
    Return on assets (ROA): 0.58% ($0.3 mil)
    Quarterly return on assets: 0.72% ($0.4 mil)
    Return on Equity (ROE): 6.70% ($0.3 mil)
    Quarterly return on equity: 8.14% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.58% ($294.3 mil)
    Quarterly Pretax return on assets: 0.72% ($365.4 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
  • 16Total employees (full-time equivalent)
  • $50,750Total assets
  • $11,115Cash and due from depository institutions
  • $8,093Interest-bearing balances
  • $5,394Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $31,703Net loans & leases
  • $530Loan loss allowance
  • $0Trading account assets
  • $494Bank premises and fixed assets
  • $969Other real estate owned
  • $0Goodwill and other intangibles
  • $50,750Life insurance assets
  • $1,075All other assets
  • $46,185Total liabilities and capital
  • $45,251Total liabilities
  • $36,742Total deposits
  • $45,251Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $865Trading liabilities
  • $0Other borrowed funds
  • $69Subordinated debt
  • $4,565All other liabilities
  • $4,565Total equity capital
  • $4,565Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $3,800Surplus
  • $690Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $198Income earned, not collected on loans
  • $0Earning assets
  • $189Long-term assets (5+ years)
  • $45,190Average Assets, year-to-date
  • $5,369Average Assets, quarterly
  • $50,681Volatile liabilities
  • $51,092Insider loans
  • $32,192FHLB advances
  • $51,859Loans and leases held for sale
  • $221Unused loan commitments
  • $221Tier 1 (core) risk-based capital
  • $4,516Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,135Restructured Loans and leases
  • $1,613Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,158Total interest income
  • $378Total interest expense
  • $1,780Net interest income
  • $205Provision for loan and lease losses
  • $237Total noninterest income
  • $0Fiduciary activities
  • $75Service charges on deposit accounts
  • $0Trading account gains & fees
  • $162Additional noninterest income
  • $1,520Total noninterest expense
  • $907Salaries and employee benefits
  • $141Premises and equipment expense
  • $472Additional noninterest expense
  • $292Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $292Income before extraordinary items
  • $0Extraordinary gains - net
  • $292Net income attributable to bank
  • $0Net charge-offs
  • $292Cash dividends
  • $268Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.81%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 3.97%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 3.39%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 6.70%Return on equity (ROE)
  • 6.70%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 76.49%Credit loss provision to net charge-offs
  • 1.85%Efficiency ratio
  • 75,359Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.64%Loss allowance to noncurrent loans
  • 267.68%Noncurrent assets plus other real estate owned to assets
  • 2.30%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 70.06%Net loans and leases to core deposits
  • 70.06%Equity capital to assets
  • 9.00%Core capital (leverage) ratio
  • 8.71%Tier 1 risk-based capital ratio
  • 14.03%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $50,681Average earning assets
  • $4,357Average equity
  • $44,887Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07923State Bank Of Cold Spring401 Main Street, Cold Spring, MN 56320January 01, 1908Full Service Brick and Mortar

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