The First State Bank of La Moure in La Moure, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2005

  • The First State Bank of La Moure in La Moure, North Dakota (ND)
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The First State Bank of La Moure - Overview

  • General
  • FDIC Certificate #: 13368
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First State Bank of North Dakota (#8387)
    Federal Reserve ID: 865058
    Date Established: July 30, 1931
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 9525
    FDIC's unique #: 8423
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 2005
    Last Structure Change Process Date: Febuary 14, 2005
    Last Data Update: Febuary 14, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 First Avenue, S.W., La Moure, ND 58458
    County: Lamoure
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Fargo
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $95.3 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, 2004)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $95,289Total assets
  • $4,033Cash and due from depository institutions
  • $34Interest-bearing balances
  • $7,482Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,850Net loans & leases
  • $956Loan loss allowance
  • $0Trading account assets
  • $718Bank premises and fixed assets
  • $0Other real estate owned
  • $3,274Goodwill and other intangibles
  • $0Life insurance assets
  • $2,932All other assets
  • $95,289Total liabilities and capital
  • $84,365Total liabilities
  • $56,711Total deposits
  • $44,651Interest-bearing deposits
  • $56,711Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $450Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $26,700Other borrowed funds
  • $0Subordinated debt
  • $504All other liabilities
  • $10,924Total equity capital
  • $10,924Total bank equity capital
  • $10,924Perpetual preferred stock
  • $0Common stock
  • $350Surplus
  • $8,669Undivided profits
  • Memoranda
  • $1,905Noncurrent loans and leases
  • $11,369Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $326Earning assets
  • $141Long-term assets (5+ years)
  • $1,911Average Assets, year-to-date
  • $84,366Average Assets, quarterly
  • $6,293Volatile liabilities
  • $93,362Insider loans
  • $96,583FHLB advances
  • $33,454Loans and leases held for sale
  • $131Unused loan commitments
  • $7,800Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,369Total unused commitments
  • $7Restructured Loans and leases
  • $956Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $5,066Total interest income
  • $1,241Total interest expense
  • $3,825Net interest income
  • $120Provision for loan and lease losses
  • $243Total noninterest income
  • $0Fiduciary activities
  • $159Service charges on deposit accounts
  • $0Trading account gains & fees
  • $84Additional noninterest income
  • $2,555Total noninterest expense
  • $1,557Salaries and employee benefits
  • $286Premises and equipment expense
  • $712Additional noninterest expense
  • $1,393Pre-tax net operating income
  • -$9Securities gains (losses)
  • $92Applicable income taxes
  • $1,292Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,292Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $107Sale, conversion, retirement of capital stock, net
  • $777Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.08%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 1.39%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 12.17%Return on equity (ROE)
  • 4.85%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 112.15%Credit loss provision to net charge-offs
  • 14.14%Efficiency ratio
  • 61,455Assets per employee
  • 2.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.14%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 293.25%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 135.51%Net loans and leases to core deposits
  • 152.46%Equity capital to assets
  • 11.46%Core capital (leverage) ratio
  • 8.18%Tier 1 risk-based capital ratio
  • 10.01%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $93,362Average earning assets
  • $10,618Average equity
  • $83,349Average loans

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