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

State Bank of Lismore - Overview

  • General
  • FDIC Certificate #: 8190
    Status: Active
    Federal Reserve ID: 916259
    Bank Holding Company (Regulatory Top Holder): Lismore Financial Services, Inc. (RSSDID: 1129186, Location: Lismore, MN)
    Date Established: January 01, 1900
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5216
    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: 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: 190 South 3rd Avenue, Lismore, MN 56155
    County: Nobles
    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: Central
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Worthington, MN (#49380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $41.0 mil
    Equity capital: $4.3 mil
    Deposits held in domestic offices: $33.4 mil
    Return on assets (ROA): 1.32% ($0.5 mil)
    Quarterly return on assets: 0.77% ($0.3 mil)
    Return on Equity (ROE): 12.65% ($0.5 mil)
    Quarterly return on equity: 7.39% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.32% ($541.8 mil)
    Quarterly Pretax return on assets: 0.77% ($316.1 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
  • 8Total employees (full-time equivalent)
  • $41,048Total assets
  • $2,957Cash and due from depository institutions
  • $271Interest-bearing balances
  • $450Securities
  • $2,728Federal funds sold & reverse repurchase agreements
  • $32,024Net loans & leases
  • $293Loan loss allowance
  • $0Trading account assets
  • $399Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $41,048Life insurance assets
  • $2,490All other assets
  • $36,731Total liabilities and capital
  • $33,383Total liabilities
  • $24,722Total deposits
  • $33,383Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,500Trading liabilities
  • $0Other borrowed funds
  • $848Subordinated debt
  • $4,317All other liabilities
  • $4,317Total equity capital
  • $4,317Total bank equity capital
  • $0Perpetual preferred stock
  • $25Common stock
  • $3,475Surplus
  • $817Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $289Income earned, not collected on loans
  • $0Earning assets
  • $570Long-term assets (5+ years)
  • $35,473Average Assets, year-to-date
  • $1,400Average Assets, quarterly
  • $39,960Volatile liabilities
  • $41,023Insider loans
  • $36,210FHLB advances
  • $41,193Loans and leases held for sale
  • $1,546Unused loan commitments
  • $1,546Tier 1 (core) risk-based capital
  • $4,317Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,006Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,986Total interest income
  • $413Total interest expense
  • $1,573Net interest income
  • $30Provision for loan and lease losses
  • $194Total noninterest income
  • $0Fiduciary activities
  • $65Service charges on deposit accounts
  • $0Trading account gains & fees
  • $129Additional noninterest income
  • $1,211Total noninterest expense
  • $807Salaries and employee benefits
  • $160Premises and equipment expense
  • $244Additional noninterest expense
  • $526Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $526Income before extraordinary items
  • $0Extraordinary gains - net
  • $526Net income attributable to bank
  • $0Net charge-offs
  • $526Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $194Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.62%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 4.45%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.43%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 12.65%Return on equity (ROE)
  • 7.98%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 375.00%Credit loss provision to net charge-offs
  • 69.50%Efficiency ratio
  • 68,534Assets per employee
  • 5.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.88%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 101.38%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 0.89%Net loans and leases to deposits
  • 95.93%Net loans and leases to core deposits
  • 95.93%Equity capital to assets
  • 10.52%Core capital (leverage) ratio
  • 10.48%Tier 1 risk-based capital ratio
  • 11.92%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $39,960Average earning assets
  • $4,159Average equity
  • $35,319Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05216State Bank Of Lismore190 South 3rd Avenue, Lismore, MN 56155January 01, 1900Full Service Brick and Mortar

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