The First National Bank of Starbuck in Starbuck, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


The First National Bank of Starbuck - Overview

  • General
  • FDIC Certificate #: 5256
    Status: Active
    Federal Reserve ID: 863353
    Bank Holding Company (Regulatory Top Holder): Skbhc Holdings Llc (RSSDID: 4091800, Location: Scottsdale, AZ)
    Date Established: January 01, 1898
    WWW: http://www.fnbstarbuck.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 3532
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 West 5th Street, Starbuck, MN 56381
    County: Pope
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: San Francisco
    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
  • Financial Summary
  • Total assets: $22.4 mil
    Equity capital: $5.2 mil
    Deposits held in domestic offices: $17.1 mil
    Return on assets (ROA): -0.18% (-$0.0 mil)
    Quarterly return on assets: -1.12% (-$0.2 mil)
    Return on Equity (ROE): -0.77% (-$0.0 mil)
    Quarterly return on equity: -4.95% (-$0.2 mil)
    Net income: -$0.0 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.03% ($6.7 mil)
    Quarterly Pretax return on assets: -0.31% (-$69.3 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
  • 7Total employees (full-time equivalent)
  • $22,360Total assets
  • $9,088Cash and due from depository institutions
  • $8,595Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,916Net loans & leases
  • $30Loan loss allowance
  • $0Trading account assets
  • $372Bank premises and fixed assets
  • $127Other real estate owned
  • $3,079Goodwill and other intangibles
  • $22,360Life insurance assets
  • $778All other assets
  • $17,146Total liabilities and capital
  • $17,119Total liabilities
  • $11,476Total deposits
  • $17,119Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $27Subordinated debt
  • $5,214All other liabilities
  • $5,214Total equity capital
  • $5,214Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $5,097Surplus
  • $17Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $202Income earned, not collected on loans
  • $0Earning assets
  • $83Long-term assets (5+ years)
  • $17,511Average Assets, year-to-date
  • $1,525Average Assets, quarterly
  • $21,928Volatile liabilities
  • $22,905Insider loans
  • $7,811FHLB advances
  • $19,862Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,135Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $596Restructured Loans and leases
  • $10Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $791Total interest income
  • $37Total interest expense
  • $754Net interest income
  • $27Provision for loan and lease losses
  • $260Total noninterest income
  • $0Fiduciary activities
  • $30Service charges on deposit accounts
  • $0Trading account gains & fees
  • $230Additional noninterest income
  • $980Total noninterest expense
  • $578Salaries and employee benefits
  • $147Premises and equipment expense
  • $255Additional noninterest expense
  • $7Pre-tax net operating income
  • $0Securities gains (losses)
  • $46Applicable income taxes
  • -$39Income before extraordinary items
  • $0Extraordinary gains - net
  • -$39Net income attributable to bank
  • $0Net charge-offs
  • -$39Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 0.22%Cost of funding earning assets
  • 4.48%Net interest margin
  • 1.54%Noninterest income to earning assets
  • 5.82%Noninterest expense to earning assets
  • -0.18%Net operating income to assets
  • -0.18%Return on assets (ROA)
  • 0.03%Pretax return on assets
  • -0.77%Return on equity (ROE)
  • -0.77%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
  • 95,858Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.34%Loss allowance to noncurrent loans
  • 14.85%Noncurrent assets plus other real estate owned to assets
  • 1.47%Noncurrent loans to loans
  • 2.26%Net loans and leases to deposits
  • 52.08%Net loans and leases to core deposits
  • 53.36%Equity capital to assets
  • 23.32%Core capital (leverage) ratio
  • 10.75%Tier 1 risk-based capital ratio
  • 27.33%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $21,928Average earning assets
  • $5,068Average equity
  • $16,844Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03532The First National Bank Of Starbuck100 West 5th Street, Starbuck, MN 56381January 01, 1898Full Service Brick and Mortar

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