The Roberts County National Bank of Sisseton - Overview
General
FDIC Certificate #: 4019 Status: Active Federal Reserve ID: 433158 Bank Holding Company (Regulatory Top Holder): Rcn Holding Company (RSSDID: 1891344, Location: Sisseton, SD) Date Established: September 01, 1896 WWW:http://www.rcnbank.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 #: 2604 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: Yes 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: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 5 East Maple Street, Sisseton, SD 57262 County: Roberts Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux Falls Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $52.2 mil Equity capital: $9.7 mil Deposits held in domestic offices: $42.3 mil Return on assets (ROA): 1.47% ($0.8 mil) Quarterly return on assets: 0.52% ($0.3 mil) Return on Equity (ROE): 7.82% ($0.8 mil) Quarterly return on equity: 2.77% ($0.3 mil) Net income: $0.8 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.54% ($803.4 mil) Quarterly Pretax return on assets: 0.54% ($281.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$52,172Total assets
$3,811Cash and due from depository institutions
$1,732Interest-bearing balances
$34,673Securities
$0Federal funds sold & reverse repurchase agreements
$13,093Net loans & leases
$93Loan loss allowance
$0Trading account assets
$208Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$52,172Life insurance assets
$387All other assets
$42,477Total liabilities and capital
$42,335Total liabilities
$35,583Total deposits
$42,335Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$142Subordinated debt
$9,695All other liabilities
$9,695Total equity capital
$9,695Total bank equity capital
$0Perpetual preferred stock
$250Common stock
$1,000Surplus
$8,445Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$304Long-term assets (5+ years)
$49,498Average Assets, year-to-date
$33,980Average Assets, quarterly
$51,413Volatile liabilities
$52,235Insider loans
$21,532FHLB advances
$53,523Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,787Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,282Restructured Loans and leases
$49Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,948Total interest income
$210Total interest expense
$1,738Net interest income
$0Provision for loan and lease losses
$114Total noninterest income
$0Fiduciary activities
$91Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$1,081Total noninterest expense
$648Salaries and employee benefits
$62Premises and equipment expense
$371Additional noninterest expense
$771Pre-tax net operating income
$21Securities gains (losses)
$34Applicable income taxes
$758Income before extraordinary items
$0Extraordinary gains - net
$758Net income attributable to bank
$0Net charge-offs
$758Cash dividends
$2Sale, conversion, retirement of capital stock, net
$741Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.06%Yield on earning assets
0.44%Cost of funding earning assets
3.62%Net interest margin
0.24%Noninterest income to earning assets
2.25%Noninterest expense to earning assets
1.44%Net operating income to assets
1.47%Return on assets (ROA)
1.54%Pretax return on assets
7.82%Return on equity (ROE)
0.18%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
385.50%Efficiency ratio
58,369Assets per employee
4.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
97.76%Loss allowance to loans
0.71%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
30.93%Net loans and leases to core deposits
30.93%Equity capital to assets
18.58%Core capital (leverage) ratio
16.42%Tier 1 risk-based capital ratio
40.81%Total risk-based capital ratio
Memoranda
$41Average assets
$51,413Average earning assets
$9,691Average equity
$48,027Average loans
List of branches
1 South Dakota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2604
The Roberts County National Bank Of
5 East Maple Street, Sisseton, SD 57262
September 01, 1896
Full Service Brick and Mortar
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