The First National Bank of Starbuck in Starbuck, Minnesota (MN)

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The First National Bank of Starbuck routing number info

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The First National Bank of Starbuck
GeneralFDIC 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
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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)7
Total assets$22,360
Cash and due from depository institutions$9,088
Interest-bearing balances$8,595
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$8,916
Loan loss allowance $30
Trading account assets$0
Bank premises and fixed assets$372
Other real estate owned$127
Goodwill and other intangibles$3,079
All other assets$778
Life insurance assets$22,360
Total liabilities and capital$17,146
Total liabilities$17,119
Total deposits$11,476
Interest-bearing deposits$17,119
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $27
All other liabilities $5,214
Total equity capital$5,214
Total bank equity capital$5,214
Perpetual preferred stock$0
Common stock$100
Undivided profits $17
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 $202
Earning assets $0
Long-term assets (5+ years) $83
Average Assets, year-to-date $17,511
Average Assets, quarterly $1,525
Volatile liabilities $21,928
Insider loans $22,905
FHLB advances $7,811
Loans and leases held for sale $19,862
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $2,135
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $596
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $791
Total interest expense $37
Net interest income $754
Provision for loan and lease losses $27
Total noninterest income $260
Fiduciary activities $0
Service charges on deposit accounts $30
Trading account gains & fees $0
Additional noninterest income $230
Total noninterest expense $980
Salaries and employee benefits $578
Premises and equipment expense $147
Additional noninterest expense $255
Pre-tax net operating income $7
Securities gains (losses) $0
Applicable income taxes $46
Income before extraordinary items -$39
Extraordinary gains - net $0
Net income attributable to bank -$39
Net charge-offs $0
Cash dividends -$39
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.70%
Cost of funding earning assets 0.22%
Net interest margin 4.48%
Noninterest income to earning assets 1.54%
Noninterest expense to earning assets 5.82%
Net operating income to assets -0.18%
Return on assets (ROA) -0.18%
Pretax return on assets 0.03%
Return on equity (ROE) -0.77%
Retained earnings to average equity (YTD only) -0.77%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$95,858
Cash dividends to net income (YTD only)3.19%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.34%
Noncurrent assets plus other real estate owned to assets 14.85%
Noncurrent loans to loans 1.47%
Net loans and leases to deposits2.26%
Net loans and leases to core deposits 52.08%
Equity capital to assets 53.36%
Core capital (leverage) ratio 23.32%
Tier 1 risk-based capital ratio 10.75%
Total risk-based capital ratio 27.33%
Average assets$28
Average earning assets$21,928
Average equity $5,068
Average loans $16,844
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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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