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


State Bank of Hawley - Overview

  • General
  • FDIC Certificate #: 11409
    Status: Active
    Federal Reserve ID: 1008955
    Bank Holding Company (Regulatory Top Holder): State Bank Of Hawley Employee Stock Ownership Plan & Trust (RSSDID: 2161437, Location: Hawley, MN)
    Date Established: August 01, 1892
    WWW: http://www.statebankofhawley.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7284
    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, 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: 416 Sixth Street, Hawley, MN 56549
    County: Clay
    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): Fargo-Moorhead, ND-MN (#2520)
    Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
    Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
    CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $90.6 mil
    Equity capital: $9.2 mil
    Deposits held in domestic offices: $81.4 mil
    Return on assets (ROA): 1.85% ($1.7 mil)
    Quarterly return on assets: 1.52% ($1.4 mil)
    Return on Equity (ROE): 19.17% ($1.7 mil)
    Quarterly return on equity: 15.03% ($1.4 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.85% ($1,676.5 mil)
    Quarterly Pretax return on assets: 1.52% ($1,377.4 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
  • 28Total employees (full-time equivalent)
  • $90,619Total assets
  • $8,679Cash and due from depository institutions
  • $25Interest-bearing balances
  • $26,986Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $53,161Net loans & leases
  • $691Loan loss allowance
  • $0Trading account assets
  • $890Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $90,619Life insurance assets
  • $903All other assets
  • $81,467Total liabilities and capital
  • $81,412Total liabilities
  • $66,710Total deposits
  • $81,412Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $55Subordinated debt
  • $9,152All other liabilities
  • $9,152Total equity capital
  • $9,152Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $4,800Surplus
  • $4,152Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $403Income earned, not collected on loans
  • $0Earning assets
  • $537Long-term assets (5+ years)
  • $80,172Average Assets, year-to-date
  • $23,134Average Assets, quarterly
  • $87,383Volatile liabilities
  • $89,299Insider loans
  • $59,310FHLB advances
  • $90,614Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,165Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,691Restructured Loans and leases
  • $456Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,189Total interest income
  • $588Total interest expense
  • $3,601Net interest income
  • $0Provision for loan and lease losses
  • $298Total noninterest income
  • $0Fiduciary activities
  • $192Service charges on deposit accounts
  • $0Trading account gains & fees
  • $106Additional noninterest income
  • $2,362Total noninterest expense
  • $1,605Salaries and employee benefits
  • $216Premises and equipment expense
  • $541Additional noninterest expense
  • $1,537Pre-tax net operating income
  • $83Securities gains (losses)
  • $1Applicable income taxes
  • $1,619Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,619Net income attributable to bank
  • $0Net charge-offs
  • $1,619Cash dividends
  • $20Sale, conversion, retirement of capital stock, net
  • $990Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.93%Noninterest expense to earning assets
  • 1.76%Net operating income to assets
  • 1.85%Return on assets (ROA)
  • 1.85%Pretax return on assets
  • 19.17%Return on equity (ROE)
  • 7.45%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 76.85%Efficiency ratio
  • 60,580Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.15%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 171.46%Noncurrent assets plus other real estate owned to assets
  • 0.44%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 65.30%Net loans and leases to core deposits
  • 65.82%Equity capital to assets
  • 10.10%Core capital (leverage) ratio
  • 9.01%Tier 1 risk-based capital ratio
  • 13.77%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $87,383Average earning assets
  • $8,444Average equity
  • $80,702Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07284State Bank Of Hawley416 Sixth Street, Hawley, MN 56549August 01, 1892Full Service Brick and Mortar
    1224598Moorhead Branch3004 South 14th Street, Moorhead, MN 56560January 18, 1995Full Service Brick and Mortar

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