Swedish-American State Bank in Courtland, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Swedish-American State Bank - Overview

  • General
  • FDIC Certificate #: 12865
    Status: Active
    Federal Reserve ID: 973252
    Bank Holding Company (Regulatory Top Holder): Swedish-American Bancshares, Inc. (RSSDID: 2791571, Location: Courtland, KS)
    Date Established: March 13, 1913
    WWW: http://www.mysasb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 52107
    FDIC's unique #: 8145
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: September 28, 2010
    Last Data Update: September 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 324 Liberty Street, Courtland, KS 66939
    County: Republic
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
    Corrections
  • Financial Summary
  • Total assets: $40.9 mil
    Equity capital: $3.5 mil
    Deposits held in domestic offices: $34.8 mil
    Return on assets (ROA): 0.80% ($0.3 mil)
    Quarterly return on assets: 0.90% ($0.4 mil)
    Return on Equity (ROE): 9.26% ($0.3 mil)
    Quarterly return on equity: 10.56% ($0.3 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.12% ($458.1 mil)
    Quarterly Pretax return on assets: 1.02% ($417.2 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
  • 10Total employees (full-time equivalent)
  • $40,906Total assets
  • $1,268Cash and due from depository institutions
  • $42Interest-bearing balances
  • $11,720Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $26,845Net loans & leases
  • $291Loan loss allowance
  • $0Trading account assets
  • $78Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $40,906Life insurance assets
  • $995All other assets
  • $37,433Total liabilities and capital
  • $34,765Total liabilities
  • $29,828Total deposits
  • $34,765Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 175.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,160Trading liabilities
  • $0Other borrowed funds
  • $333Subordinated debt
  • $3,473All other liabilities
  • $3,473Total equity capital
  • $3,473Total bank equity capital
  • $0Perpetual preferred stock
  • $80Common stock
  • $120Surplus
  • $3,273Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $681Income earned, not collected on loans
  • $0Earning assets
  • $474Long-term assets (5+ years)
  • $38,607Average Assets, year-to-date
  • $16,989Average Assets, quarterly
  • $37,998Volatile liabilities
  • $40,274Insider loans
  • $26,978FHLB advances
  • $39,724Loans and leases held for sale
  • $301Unused loan commitments
  • $301Tier 1 (core) risk-based capital
  • $3,353Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,570Restructured Loans and leases
  • $491Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,890Total interest income
  • $381Total interest expense
  • $1,509Net interest income
  • $45Provision for loan and lease losses
  • $85Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $14Additional noninterest income
  • $1,168Total noninterest expense
  • $744Salaries and employee benefits
  • $88Premises and equipment expense
  • $336Additional noninterest expense
  • $381Pre-tax net operating income
  • $46Securities gains (losses)
  • $124Applicable income taxes
  • $303Income before extraordinary items
  • $0Extraordinary gains - net
  • $303Net income attributable to bank
  • $0Net charge-offs
  • $303Cash dividends
  • $43Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 4.19%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 9.26%Return on equity (ROE)
  • 7.73%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 104.65%Credit loss provision to net charge-offs
  • 9.91%Efficiency ratio
  • 73,275Assets per employee
  • 4.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.50%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 42.73%Noncurrent assets plus other real estate owned to assets
  • 1.66%Noncurrent loans to loans
  • 2.51%Net loans and leases to deposits
  • 77.22%Net loans and leases to core deposits
  • 92.51%Equity capital to assets
  • 8.49%Core capital (leverage) ratio
  • 8.44%Tier 1 risk-based capital ratio
  • 12.43%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $37,998Average earning assets
  • $3,273Average equity
  • $36,026Average loans

List of branches

  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08145Swedish-American State Bank324 Liberty Street, Courtland, KS 66939March 13, 1913Full Service Brick and Mortar

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