State Bank of Hudson in Hudson, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2004

  • State Bank of Hudson in Hudson, South Dakota (SD)
  • Show street view No street view available for this location

State Bank of Hudson - Overview

  • General
  • FDIC Certificate #: 17148
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Premier Bank (#34384)
    Federal Reserve ID: 470256
    Date Established: September 02, 1952
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 11186
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 02, 1952
    Last Structure Change Effective Date: October 01, 2004
    Last Structure Change Process Date: October 07, 2004
    Last Data Update: October 07, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Hudson, SD 57034
    County: Lincoln
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Sioux Falls, SD (#7760)
    Core Based Statistical Area (CBSA): Sioux Falls, SD (#43620)
    CBSA Metro Statistical Area: Sioux Falls, SD (#43620)
  • Financial Summary
  • Total assets: $18.8 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, 2003)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $19,614Total assets
  • $4,217Cash and due from depository institutions
  • $2,230Interest-bearing balances
  • $0Securities
  • $2,100Federal funds sold & reverse repurchase agreements
  • $13,059Net loans & leases
  • $221Loan loss allowance
  • $0Trading account assets
  • $2Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $236All other assets
  • $19,614Total liabilities and capital
  • $16,781Total liabilities
  • $16,681Total deposits
  • $14,965Interest-bearing deposits
  • $16,681Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $100All other liabilities
  • $2,833Total equity capital
  • $2,833Total bank equity capital
  • $2,833Perpetual preferred stock
  • $0Common stock
  • $53Surplus
  • $997Undivided profits
  • Memoranda
  • $1,783Noncurrent loans and leases
  • $4,891Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $25Earning assets
  • $0Long-term assets (5+ years)
  • $230Average Assets, year-to-date
  • $17,389Average Assets, quarterly
  • $61Volatile liabilities
  • $18,956Insider loans
  • $19,675FHLB advances
  • $1,247Loans and leases held for sale
  • $427Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,891Total unused commitments
  • $0Restructured Loans and leases
  • $174Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $1,058Total interest income
  • $362Total interest expense
  • $696Net interest income
  • $0Provision for loan and lease losses
  • $21Total noninterest income
  • $0Fiduciary activities
  • $4Service charges on deposit accounts
  • $0Trading account gains & fees
  • $17Additional noninterest income
  • $432Total noninterest expense
  • $339Salaries and employee benefits
  • $31Premises and equipment expense
  • $62Additional noninterest expense
  • $285Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $280Income before extraordinary items
  • $0Extraordinary gains - net
  • $280Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6Sale, conversion, retirement of capital stock, net
  • $175Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.17%Yield on earning assets
  • 2.11%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 2.52%Noninterest expense to earning assets
  • 1.48%Net operating income to assets
  • 1.48%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 10.03%Return on equity (ROE)
  • 3.76%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 47.50%Efficiency ratio
  • 60,251Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.50%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 884.00%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 78.29%Net loans and leases to core deposits
  • 84.61%Equity capital to assets
  • 14.44%Core capital (leverage) ratio
  • 13.90%Tier 1 risk-based capital ratio
  • 20.44%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $18,956Average earning assets
  • $2,792Average equity
  • $17,159Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank of Hudson.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents