The Citizens State Bank of Finley in Finley, North Dakota (ND)



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The Citizens State Bank of Finley routing number info

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The Citizens State Bank of Finley
GeneralFDIC Certificate #: 16187
Status: Active
Federal Reserve ID: 659453
Bank Holding Company (Regulatory Top Holder): Citizens Bank Holding Company (RSSDID: 1127481, Location: Finley, ND)
Date Established: July 08, 1935
WWW: http://www.csbfinley.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 10391
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: September 08, 1944
Last Structure Change Effective Date: March 24, 2009
Last Structure Change Process Date: March 25, 2009
Last Data Update: March 25, 2009
Data Source Date: April 05, 2012
LocationAddress: 300 Center Avenue, Finley, ND 58230
County: Steele
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesChange in Location
Financial SummaryTotal assets: $120.8 mil
Equity capital: $9.8 mil
Deposits held in domestic offices: $86.0 mil
Return on assets (ROA): -0.14% (-$0.2 mil)
Quarterly return on assets: 1.20% ($1.5 mil)
Return on Equity (ROE): -1.63% (-$0.2 mil)
Quarterly return on equity: 14.68% ($1.5 mil)
Net income: -$0.2 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: -0.13% (-$157.1 mil)
Quarterly Pretax return on assets: 1.23% ($1,486.1 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)31
Total assets$120,822
Cash and due from depository institutions$6,788
Interest-bearing balances$2,649
Securities$29,353
Federal funds sold & reverse repurchase agreements$6,000
Net loans & leases$70,551
Loan loss allowance $1,399
Trading account assets$0
Bank premises and fixed assets$2,417
Other real estate owned$365
Goodwill and other intangibles$210
All other assets$5,138
Life insurance assets$120,823
Total liabilities and capital$110,975
Total liabilities$85,966
Total deposits$66,903
Interest-bearing deposits$85,966
Deposits held in domestic offices$91
% insured (estimated)8340.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$15,231
Other borrowed funds $0
Subordinated debt $1,438
All other liabilities $9,848
Total equity capital$9,848
Total bank equity capital$9,848
Perpetual preferred stock$0
Common stock$250
Surplus$5,450
Undivided profits $4,148
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 $3,499
Earning assets $1,750
Long-term assets (5+ years) $1,724
Average Assets, year-to-date $108,553
Average Assets, quarterly $19,848
Volatile liabilities $116,824
Insider loans $118,617
FHLB advances $81,179
Loans and leases held for sale $118,094
Unused loan commitments $1,270
Tier 1 (core) risk-based capital $351
Tier 2 risk-based capital $9,257
Total risk weighted assets $0
Total unused commitments $919
Restructured Loans and leases $20,792
Derivatives$2,223
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,171
Total interest expense $781
Net interest income $4,390
Provision for loan and lease losses $1,440
Total noninterest income $1,079
Fiduciary activities $0
Service charges on deposit accounts $131
Trading account gains & fees $0
Additional noninterest income $948
Total noninterest expense $4,206
Salaries and employee benefits $2,664
Premises and equipment expense $421
Additional noninterest expense $1,121
Pre-tax net operating income -$177
Securities gains (losses) $24
Applicable income taxes $9
Income before extraordinary items -$162
Extraordinary gains - net $0
Net income attributable to bank -$162
Net charge-offs $0
Cash dividends -$162
Sale, conversion, retirement of capital stock, net $833
Net operating income $452
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.03%
Cost of funding earning assets 0.76%
Net interest margin 4.27%
Noninterest income to earning assets 1.05%
Noninterest expense to earning assets 4.09%
Net operating income to assets -0.16%
Return on assets (ROA) -0.14%
Pretax return on assets -0.13%
Return on equity (ROE) -1.63%
Retained earnings to average equity (YTD only) -6.16%
Net charge-offs to loans 1.11%
Credit loss provision to net charge-offs 172.87%
Efficiency ratio1.52%
Assets per employee$76,888
Cash dividends to net income (YTD only)3.90%
Condition Ratios (%)
Loss allowance to loans -279.01%
Loss allowance to noncurrent loans 1.94%
Noncurrent assets plus other real estate owned to assets 39.98%
Noncurrent loans to loans 3.20%
Net loans and leases to deposits4.86%
Net loans and leases to core deposits 82.07%
Equity capital to assets 87.25%
Core capital (leverage) ratio 8.15%
Tier 1 risk-based capital ratio 7.84%
Total risk-based capital ratio 11.40%
Memoranda
Average assets$13
Average earning assets$116,824
Average equity $9,960
Average loans $102,853
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3 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010391The Citizens State Bank Of Finley300 Center Avenue, Finley, ND 58230July 08, 1935Full Service Brick and Mortar
1423259Cooperstown Branch912 Burrel Avenue, S.E., Cooperstown, ND 58425November 25, 2002Full Service Brick and Mortar
2449814Northwood Branch220 Main Street South, Northwood, ND 58267March 06, 2006Full Service Brick and Mortar
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