State Bank of New Prague in New Prague, Minnesota (MN)

Show street view No street view available for this location

State Bank of New Prague routing number info

Table of contents:
State Bank of New Prague
GeneralFDIC Certificate #: 12921
Status: Active
Federal Reserve ID: 873950
Bank Holding Company (Regulatory Top Holder): Duke Financial Group, Inc. (RSSDID: 1127913, Location: Minneapolis, MN)
Date Established: November 01, 1883
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 10884
FDIC's unique #: 8178
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 20, 2011
Last Structure Change Process Date: April 22, 2011
Last Data Update: April 22, 2011
Data Source Date: April 05, 2012
LocationAddress: 1101 First Street Se, New Prague, MN 56071
County: Le Sueur
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Financial SummaryTotal assets: $123.8 mil
Equity capital: $17.9 mil
Deposits held in domestic offices: $97.5 mil
Return on assets (ROA): 1.41% ($1.7 mil)
Quarterly return on assets: 1.20% ($1.5 mil)
Return on Equity (ROE): 10.27% ($1.8 mil)
Quarterly return on equity: 8.20% ($1.5 mil)
Net income: $1.7 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.41% ($1,745.8 mil)
Quarterly Pretax return on assets: 1.20% ($1,485.8 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)21
Total assets$123,817
Cash and due from depository institutions$6,773
Interest-bearing balances$6,482
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$45,029
Loan loss allowance $1,567
Trading account assets$0
Bank premises and fixed assets$4,664
Other real estate owned$1,239
Goodwill and other intangibles$0
All other assets$5,000
Life insurance assets$123,817
Total liabilities and capital$105,938
Total liabilities$97,530
Total deposits$79,147
Interest-bearing deposits$97,530
Deposits held in domestic offices$84
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$7,000
Other borrowed funds $0
Subordinated debt $1,408
All other liabilities $17,879
Total equity capital$17,879
Total bank equity capital$17,879
Perpetual preferred stock$0
Common stock$400
Undivided profits $8,879
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1
Income earned, not collected on loans $2,064
Earning assets $0
Long-term assets (5+ years) $669
Average Assets, year-to-date $112,623
Average Assets, quarterly $47,800
Volatile liabilities $122,056
Insider loans $123,344
FHLB advances $74,297
Loans and leases held for sale $119,119
Unused loan commitments $2,537
Tier 1 (core) risk-based capital $2,537
Tier 2 risk-based capital $14,116
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,307
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,450
Total interest expense $957
Net interest income $4,493
Provision for loan and lease losses $280
Total noninterest income $985
Fiduciary activities $0
Service charges on deposit accounts $192
Trading account gains & fees $0
Additional noninterest income $793
Total noninterest expense $3,429
Salaries and employee benefits $1,580
Premises and equipment expense $473
Additional noninterest expense $1,376
Pre-tax net operating income $1,769
Securities gains (losses) -$43
Applicable income taxes $2
Income before extraordinary items $1,724
Extraordinary gains - net $0
Net income attributable to bank $1,724
Net charge-offs $0
Cash dividends $1,724
Sale, conversion, retirement of capital stock, net $216
Net operating income $1,167
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.96%
Cost of funding earning assets 0.87%
Net interest margin 4.09%
Noninterest income to earning assets 0.90%
Noninterest expense to earning assets 3.12%
Net operating income to assets 1.45%
Return on assets (ROA) 1.41%
Pretax return on assets 1.41%
Return on equity (ROE) 10.27%
Retained earnings to average equity (YTD only) 3.32%
Net charge-offs to loans 0.43%
Credit loss provision to net charge-offs 129.63%
Efficiency ratio9.49%
Assets per employee$62,596
Cash dividends to net income (YTD only)5.90%
Condition Ratios (%)
Loss allowance to loans 67.69%
Loss allowance to noncurrent loans 3.36%
Noncurrent assets plus other real estate owned to assets 75.92%
Noncurrent loans to loans 2.67%
Net loans and leases to deposits4.43%
Net loans and leases to core deposits 46.17%
Equity capital to assets 53.17%
Core capital (leverage) ratio 14.44%
Tier 1 risk-based capital ratio 11.85%
Total risk-based capital ratio 19.00%
Average assets$20
Average earning assets$122,056
Average equity $16,788
Average loans $109,789
Back to page top, Back to table top

1 Minnesota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08178State Bank Of New Prague1101 First Street Se, New Prague, MN 56071November 01, 1883Full Service Brick and Mortar
Back to page top

User Contributions:

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 New Prague.
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.