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

This bank is inactive as of November 22, 1996

  • State Bank of Marion in Marion, North Dakota (ND)
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State Bank of Marion - Overview

  • General
  • FDIC Certificate #: 9119
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The First State Bank of La Moure (#13368)
    Federal Reserve ID: 683757
    Date Established: January 01, 1928
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 5837
    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: January 01, 1934
    Last Structure Change Effective Date: November 22, 1996
    Last Structure Change Process Date: December 09, 1996
    Last Data Update: December 09, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Marion, ND 58466
    County: Lamoure
    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
  • Financial Summary
  • Total assets: $13.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $12,512Cash and due from depository institutions
  • $1,056Interest-bearing balances
  • $0Securities
  • $4,617Federal funds sold & reverse repurchase agreements
  • $1,050Net loans & leases
  • $5,475Loan loss allowance
  • $144Trading account assets
  • $0Bank premises and fixed assets
  • $91Other real estate owned
  • $0Goodwill and other intangibles
  • $223Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $12,512Total liabilities
  • $11,431Total deposits
  • $11,203Interest-bearing deposits
  • $9,789Deposits held in domestic offices
  • 11203.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $228Total equity capital
  • $228Total bank equity capital
  • $1,081Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $300Undivided profits
  • Memoranda
  • $631Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $126Income earned, not collected on loans
  • $155Earning assets
  • $11,142Long-term assets (5+ years)
  • $2,468Average Assets, year-to-date
  • $12,141Average Assets, quarterly
  • $12,291Volatile liabilities
  • $1,779Insider loans
  • $4FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $501Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,077Total risk weighted assets
  • $7,294Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $895Total interest expense
  • $398Net interest income
  • $497Provision for loan and lease losses
  • $0Total noninterest income
  • $85Fiduciary activities
  • $0Service charges on deposit accounts
  • $41Trading account gains & fees
  • $0Additional noninterest income
  • $44Total noninterest expense
  • $441Salaries and employee benefits
  • $247Premises and equipment expense
  • $54Additional noninterest expense
  • $140Pre-tax net operating income
  • $141Securities gains (losses)
  • -$34Applicable income taxes
  • $93Income before extraordinary items
  • $14Extraordinary gains - net
  • $0Net income attributable to bank
  • $14Net charge-offs
  • $3Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.26%Cost of funding earning assets
  • 3.67%Net interest margin
  • 4.58%Noninterest income to earning assets
  • 0.78%Noninterest expense to earning assets
  • 4.07%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.12%Pretax return on assets
  • 0.88%Return on equity (ROE)
  • 1.32%Retained earnings to average equity (YTD only)
  • -1.51%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,773Assets per employee
  • 1.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 214.29%Loss allowance to loans
  • 2.56%Loss allowance to noncurrent loans
  • 114.29%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 2.24%Net loans and leases to deposits
  • 48.87%Net loans and leases to core deposits
  • 58.10%Equity capital to assets
  • 8.64%Core capital (leverage) ratio
  • 8.59%Tier 1 risk-based capital ratio
  • 14.77%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $12,141Average earning assets
  • $1,059Average equity
  • $10,841Average loans

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