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

Strasburg State Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 11Total employees (full-time equivalent)
  • $54,319Total assets
  • $6,427Cash and due from depository institutions
  • $0Interest-bearing balances
  • $14,175Securities
  • $2,500Federal funds sold & reverse repurchase agreements
  • $28,865Net loans & leases
  • $271Loan loss allowance
  • $0Trading account assets
  • $412Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $54,319Life insurance assets
  • $1,940All other assets
  • $49,481Total liabilities and capital
  • $49,081Total liabilities
  • $39,753Total deposits
  • $49,081Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $400Subordinated debt
  • $4,838All other liabilities
  • $4,838Total equity capital
  • $4,838Total bank equity capital
  • $0Perpetual preferred stock
  • $105Common stock
  • $1,400Surplus
  • $3,333Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $674Long-term assets (5+ years)
  • $45,540Average Assets, year-to-date
  • $11,215Average Assets, quarterly
  • $53,689Volatile liabilities
  • $54,057Insider loans
  • $30,165FHLB advances
  • $54,087Loans and leases held for sale
  • $1,022Unused loan commitments
  • $55Tier 1 (core) risk-based capital
  • $4,838Tier 2 risk-based capital
  • $967Total risk weighted assets
  • $0Total unused commitments
  • $4,580Restructured Loans and leases
  • $340Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,088Total interest income
  • $400Total interest expense
  • $1,688Net interest income
  • $0Provision for loan and lease losses
  • $100Total noninterest income
  • $0Fiduciary activities
  • $34Service charges on deposit accounts
  • $0Trading account gains & fees
  • $66Additional noninterest income
  • $1,149Total noninterest expense
  • $801Salaries and employee benefits
  • $97Premises and equipment expense
  • $251Additional noninterest expense
  • $639Pre-tax net operating income
  • $0Securities gains (losses)
  • $128Applicable income taxes
  • $511Income before extraordinary items
  • $0Extraordinary gains - net
  • $511Net income attributable to bank
  • $0Net charge-offs
  • $511Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $315Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.90%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 10.72%Return on equity (ROE)
  • 4.11%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
  • 64,262Assets per employee
  • 4.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.64%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 58.81%Net loans and leases to core deposits
  • 58.81%Equity capital to assets
  • 8.91%Core capital (leverage) ratio
  • 8.94%Tier 1 risk-based capital ratio
  • 16.04%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $53,689Average earning assets
  • $4,765Average equity
  • $43,306Average loans

List of branches

  • 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

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