State Bank of Lakota in Lakota, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank of Lakota - Overview

  • General
  • FDIC Certificate #: 16477
    Status: Active
    Federal Reserve ID: 678258
    Bank Holding Company (Regulatory Top Holder): Lakota Bank Holding Company, Inc. (RSSDID: 1124994, Location: Lakota, ND)
    Date Established: January 01, 1900
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10640
    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: September 16, 1946
    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: 125 Main Street, Lakota, ND 58344
    County: Nelson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $53.6 mil
    Equity capital: $4.4 mil
    Deposits held in domestic offices: $49.1 mil
    Return on assets (ROA): 0.87% ($0.5 mil)
    Quarterly return on assets: 0.41% ($0.2 mil)
    Return on Equity (ROE): 8.92% ($0.4 mil)
    Quarterly return on equity: 4.55% ($0.2 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.94% ($503.4 mil)
    Quarterly Pretax return on assets: 0.49% ($262.4 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
  • 10Total employees (full-time equivalent)
  • $53,556Total assets
  • $4,681Cash and due from depository institutions
  • $0Interest-bearing balances
  • $16,304Securities
  • $10,000Federal funds sold & reverse repurchase agreements
  • $21,555Net loans & leases
  • $115Loan loss allowance
  • $0Trading account assets
  • $473Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $53,556Life insurance assets
  • $543All other assets
  • $49,158Total liabilities and capital
  • $49,067Total liabilities
  • $36,764Total deposits
  • $49,067Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $91Subordinated debt
  • $4,398All other liabilities
  • $4,398Total equity capital
  • $4,398Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $2,900Surplus
  • $1,398Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $77Income earned, not collected on loans
  • $0Earning assets
  • $453Long-term assets (5+ years)
  • $47,859Average Assets, year-to-date
  • $11,800Average Assets, quarterly
  • $45,687Volatile liabilities
  • $49,996Insider loans
  • $26,334FHLB advances
  • $53,788Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,254Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,430Restructured Loans and leases
  • $149Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,724Total interest income
  • $261Total interest expense
  • $1,463Net interest income
  • $45Provision for loan and lease losses
  • $78Total noninterest income
  • $12Fiduciary activities
  • $30Service charges on deposit accounts
  • $0Trading account gains & fees
  • $36Additional noninterest income
  • $1,036Total noninterest expense
  • $622Salaries and employee benefits
  • $136Premises and equipment expense
  • $278Additional noninterest expense
  • $460Pre-tax net operating income
  • -$29Securities gains (losses)
  • $35Applicable income taxes
  • $396Income before extraordinary items
  • $0Extraordinary gains - net
  • $396Net income attributable to bank
  • $0Net charge-offs
  • $396Cash dividends
  • $34Sale, conversion, retirement of capital stock, net
  • $340Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.06%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.44%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 0.94%Pretax return on assets
  • 8.92%Return on equity (ROE)
  • 1.26%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 132.35%Credit loss provision to net charge-offs
  • 14.85%Efficiency ratio
  • 67,229Assets per employee
  • 5.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 85.86%Loss allowance to loans
  • 0.53%Loss allowance to noncurrent loans
  • 149.35%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 43.93%Net loans and leases to core deposits
  • 44.79%Equity capital to assets
  • 8.21%Core capital (leverage) ratio
  • 7.91%Tier 1 risk-based capital ratio
  • 16.15%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $45,687Average earning assets
  • $4,438Average equity
  • $42,439Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,863Managed Assets
  • 1Number of Accounts
  • $1,863Personal trust and agency accounts
  • $1,057Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $806Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 5Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 North Dakota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010640State Bank Of Lakota125 Main Street, Lakota, ND 58344January 01, 1900Full Service Brick and Mortar

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