Strasburg State Bank in Strasburg, North Dakota (ND)



Show street view No street view available for this location

Strasburg State Bank routing number info

Table of contents:
Strasburg State Bank
GeneralFDIC Certificate #: 17922
Status: Active
Federal Reserve ID: 890957
Bank Holding Company (Regulatory Top Holder): Strasburg Banshares, Inc. (RSSDID: 1125692, Location: Strasburg, ND)
Date Established: November 12, 1958
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 #: 11859
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: November 12, 1958
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
LocationAddress: 720 Main St, Strasburg, ND 58573
County: Emmons
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 ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $54.3 mil
Equity capital: $4.8 mil
Deposits held in domestic offices: $49.1 mil
Return on assets (ROA): 0.95% ($0.5 mil)
Quarterly return on assets: 1.28% ($0.7 mil)
Return on Equity (ROE): 10.72% ($0.5 mil)
Quarterly return on equity: 14.25% ($0.7 mil)
Net income: $0.5 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.19% ($646.4 mil)
Quarterly Pretax return on assets: 1.55% ($841.9 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)11
Total assets$54,319
Cash and due from depository institutions$6,427
Interest-bearing balances$0
Securities$14,175
Federal funds sold & reverse repurchase agreements$2,500
Net loans & leases$28,865
Loan loss allowance $271
Trading account assets$0
Bank premises and fixed assets$412
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,940
Life insurance assets$54,319
Total liabilities and capital$49,481
Total liabilities$49,081
Total deposits$39,753
Interest-bearing deposits$49,081
Deposits held in domestic offices$91
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $400
All other liabilities $4,838
Total equity capital$4,838
Total bank equity capital$4,838
Perpetual preferred stock$0
Common stock$105
Surplus$1,400
Undivided profits $3,333
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $674
Average Assets, year-to-date $45,540
Average Assets, quarterly $11,215
Volatile liabilities $53,689
Insider loans $54,057
FHLB advances $30,165
Loans and leases held for sale $54,087
Unused loan commitments $1,022
Tier 1 (core) risk-based capital $55
Tier 2 risk-based capital $4,838
Total risk weighted assets $967
Total unused commitments $0
Restructured Loans and leases $4,580
Derivatives$340
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,088
Total interest expense $400
Net interest income $1,688
Provision for loan and lease losses $0
Total noninterest income $100
Fiduciary activities $0
Service charges on deposit accounts $34
Trading account gains & fees $0
Additional noninterest income $66
Total noninterest expense $1,149
Salaries and employee benefits $801
Premises and equipment expense $97
Additional noninterest expense $251
Pre-tax net operating income $639
Securities gains (losses) $0
Applicable income taxes $128
Income before extraordinary items $511
Extraordinary gains - net $0
Net income attributable to bank $511
Net charge-offs $0
Cash dividends $511
Sale, conversion, retirement of capital stock, net $0
Net operating income $315
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 assets4.82%
Cost of funding earning assets 0.92%
Net interest margin 3.90%
Noninterest income to earning assets 0.23%
Noninterest expense to earning assets 2.65%
Net operating income to assets 0.95%
Return on assets (ROA) 0.95%
Pretax return on assets 1.19%
Return on equity (ROE) 10.72%
Retained earnings to average equity (YTD only) 4.11%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$64,262
Cash dividends to net income (YTD only)4.94%
Condition Ratios (%)
Loss allowance to loans 61.64%
Loss allowance to noncurrent loans 0.93%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 58.81%
Equity capital to assets 58.81%
Core capital (leverage) ratio 8.91%
Tier 1 risk-based capital ratio 8.94%
Total risk-based capital ratio 16.04%
Memoranda
Average assets$17
Average earning assets$53,689
Average equity $4,765
Average loans $43,306
Back to page top, Back to table top

1 North Dakota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011859Strasburg State Bank720 Main St, Strasburg, ND 58573November 12, 1958Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Strasburg State Bank.
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.