Swedish-American State Bank in Courtland, Kansas (KS)



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Swedish-American State Bank routing number info

Table of contents:
Swedish-American State Bank
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Corrections
Financial SummaryTotal 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)
Total employees (full-time equivalent)10
Total assets$40,906
Cash and due from depository institutions$1,268
Interest-bearing balances$42
Securities$11,720
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$26,845
Loan loss allowance $291
Trading account assets$0
Bank premises and fixed assets$78
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$995
Life insurance assets$40,906
Total liabilities and capital$37,433
Total liabilities$34,765
Total deposits$29,828
Interest-bearing deposits$34,765
Deposits held in domestic offices$89
% insured (estimated)175.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,160
Other borrowed funds $0
Subordinated debt $333
All other liabilities $3,473
Total equity capital$3,473
Total bank equity capital$3,473
Perpetual preferred stock$0
Common stock$80
Surplus$120
Undivided profits $3,273
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 $681
Earning assets $0
Long-term assets (5+ years) $474
Average Assets, year-to-date $38,607
Average Assets, quarterly $16,989
Volatile liabilities $37,998
Insider loans $40,274
FHLB advances $26,978
Loans and leases held for sale $39,724
Unused loan commitments $301
Tier 1 (core) risk-based capital $301
Tier 2 risk-based capital $3,353
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,570
Derivatives$491
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,890
Total interest expense $381
Net interest income $1,509
Provision for loan and lease losses $45
Total noninterest income $85
Fiduciary activities $0
Service charges on deposit accounts $71
Trading account gains & fees $0
Additional noninterest income $14
Total noninterest expense $1,168
Salaries and employee benefits $744
Premises and equipment expense $88
Additional noninterest expense $336
Pre-tax net operating income $381
Securities gains (losses) $46
Applicable income taxes $124
Income before extraordinary items $303
Extraordinary gains - net $0
Net income attributable to bank $303
Net charge-offs $0
Cash dividends $303
Sale, conversion, retirement of capital stock, net $43
Net operating income $50
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.25%
Cost of funding earning assets 1.06%
Net interest margin 4.19%
Noninterest income to earning assets 0.24%
Noninterest expense to earning assets 3.24%
Net operating income to assets 0.71%
Return on assets (ROA) 0.80%
Pretax return on assets 1.12%
Return on equity (ROE) 9.26%
Retained earnings to average equity (YTD only) 7.73%
Net charge-offs to loans 0.17%
Credit loss provision to net charge-offs 104.65%
Efficiency ratio9.91%
Assets per employee$73,275
Cash dividends to net income (YTD only)4.09%
Condition Ratios (%)
Loss allowance to loans 16.50%
Loss allowance to noncurrent loans 1.07%
Noncurrent assets plus other real estate owned to assets 42.73%
Noncurrent loans to loans 1.66%
Net loans and leases to deposits2.51%
Net loans and leases to core deposits 77.22%
Equity capital to assets 92.51%
Core capital (leverage) ratio 8.49%
Tier 1 risk-based capital ratio 8.44%
Total risk-based capital ratio 12.43%
Memoranda
Average assets$14
Average earning assets$37,998
Average equity $3,273
Average loans $36,026
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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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