State Bank of Young America in Norwood Young America, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 02, 2005

  • State Bank of Young America in Norwood Young America, Minnesota (MN)
  • Show street view No street view available for this location

State Bank of Young America - Overview

  • General
  • FDIC Certificate #: 19513
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: KleinBank (#1414)
    Federal Reserve ID: 221654
    Date Established: July 01, 1900
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13962
    FDIC's unique #: 13313
    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: November 08, 1965
    Last Structure Change Effective Date: April 02, 2005
    Last Structure Change Process Date: April 25, 2005
    Last Data Update: April 25, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 Faxon Road, Norwood Young America, MN 55397
    County: Carver
    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
    Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • Financial Summary
  • Total assets: $108.8 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, 2004)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $109,871Total assets
  • $2,963Cash and due from depository institutions
  • $995Interest-bearing balances
  • $18,821Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $83,966Net loans & leases
  • $1,146Loan loss allowance
  • $0Trading account assets
  • $1,133Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,988All other assets
  • $109,871Total liabilities and capital
  • $98,060Total liabilities
  • $81,750Total deposits
  • $73,499Interest-bearing deposits
  • $81,750Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,188Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,115Other borrowed funds
  • $0Subordinated debt
  • $2,007All other liabilities
  • $11,811Total equity capital
  • $11,811Total bank equity capital
  • $11,811Perpetual preferred stock
  • $0Common stock
  • $273Surplus
  • $8,227Undivided profits
  • Memoranda
  • $3,311Noncurrent loans and leases
  • $12,111Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,171Earning assets
  • $0Long-term assets (5+ years)
  • $601Average Assets, year-to-date
  • $103,782Average Assets, quarterly
  • $6,702Volatile liabilities
  • $110,980Insider loans
  • $113,199FHLB advances
  • $23,431Loans and leases held for sale
  • $47Unused loan commitments
  • $9,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $166Total risk weighted assets
  • $12,111Total unused commitments
  • $0Restructured Loans and leases
  • $1,031Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $6,435Total interest income
  • $1,803Total interest expense
  • $4,632Net interest income
  • $16Provision for loan and lease losses
  • $1,098Total noninterest income
  • $0Fiduciary activities
  • $556Service charges on deposit accounts
  • $0Trading account gains & fees
  • $542Additional noninterest income
  • $3,023Total noninterest expense
  • $1,714Salaries and employee benefits
  • $257Premises and equipment expense
  • $1,052Additional noninterest expense
  • $2,691Pre-tax net operating income
  • -$1Securities gains (losses)
  • $14Applicable income taxes
  • $2,676Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,676Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $1,632Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.06%Yield on earning assets
  • 1.70%Cost of funding earning assets
  • 4.36%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 2.85%Noninterest expense to earning assets
  • 2.41%Net operating income to assets
  • 2.41%Return on assets (ROA)
  • 2.42%Pretax return on assets
  • 23.22%Return on equity (ROE)
  • 9.06%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 800.00%Credit loss provision to net charge-offs
  • 1353.50%Efficiency ratio
  • 52,757Assets per employee
  • 4.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.99%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 97.87%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 1.38%Net loans and leases to deposits
  • 102.71%Net loans and leases to core deposits
  • 119.83%Equity capital to assets
  • 10.75%Core capital (leverage) ratio
  • 10.49%Tier 1 risk-based capital ratio
  • 14.35%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $110,980Average earning assets
  • $11,524Average equity
  • $106,223Average loans

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 Young America.
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.
Table of Contents