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


State Bank of Marietta - Overview

  • General
  • FDIC Certificate #: 18525
    Status: Active
    Federal Reserve ID: 2554
    Bank Holding Company (Regulatory Top Holder): Dakota Financial, Inc. (RSSDID: 3615272, Location: Marietta, MN)
    Date Established: August 14, 1941
    WWW: http://www.sbmarietta.com
    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 #: 12417
    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: May 21, 1962
    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: 201 3rd Ave North, Marietta, MN 56257
    County: Lac Qui Parle
    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
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $12.1 mil
    Equity capital: $1.2 mil
    Deposits held in domestic offices: $10.3 mil
    Return on assets (ROA): 1.14% ($0.1 mil)
    Quarterly return on assets: 0.91% ($0.1 mil)
    Return on Equity (ROE): 11.43% ($0.1 mil)
    Quarterly return on equity: 9.38% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.14% ($138.0 mil)
    Quarterly Pretax return on assets: 0.91% ($110.2 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
  • 4Total employees (full-time equivalent)
  • $12,109Total assets
  • $4,149Cash and due from depository institutions
  • $3,376Interest-bearing balances
  • $1,892Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $5,530Net loans & leases
  • $100Loan loss allowance
  • $0Trading account assets
  • $97Bank premises and fixed assets
  • $0Other real estate owned
  • $289Goodwill and other intangibles
  • $12,110Life insurance assets
  • $152All other assets
  • $10,948Total liabilities and capital
  • $10,311Total liabilities
  • $7,123Total deposits
  • $10,311Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 616.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $21Subordinated debt
  • $1,162All other liabilities
  • $1,162Total equity capital
  • $1,162Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $975Surplus
  • $137Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $0Earning assets
  • $95Long-term assets (5+ years)
  • $10,798Average Assets, year-to-date
  • $1,243Average Assets, quarterly
  • $11,438Volatile liabilities
  • $11,836Insider loans
  • $7,788FHLB advances
  • $11,402Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $883Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $692Restructured Loans and leases
  • $128Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $452Total interest income
  • $76Total interest expense
  • $376Net interest income
  • $26Provision for loan and lease losses
  • $51Total noninterest income
  • $0Fiduciary activities
  • $44Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7Additional noninterest income
  • $271Total noninterest expense
  • $147Salaries and employee benefits
  • $20Premises and equipment expense
  • $104Additional noninterest expense
  • $130Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $130Income before extraordinary items
  • $0Extraordinary gains - net
  • $130Net income attributable to bank
  • $0Net charge-offs
  • $130Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $77Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.33%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 3.61%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 2.60%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 11.43%Return on equity (ROE)
  • 4.66%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,466Assets per employee
  • 3.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.23%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 10000.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 53.63%Net loans and leases to core deposits
  • 57.84%Equity capital to assets
  • 9.60%Core capital (leverage) ratio
  • 7.74%Tier 1 risk-based capital ratio
  • 11.34%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $11,438Average earning assets
  • $1,138Average equity
  • $10,428Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012417State Bank Of Marietta201 3rd Ave North, Marietta, MN 56257August 14, 1941Full Service Brick and Mortar

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 Marietta.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents