Union State Bank of Browns Valley in Browns Valley, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union State Bank of Browns Valley - Overview

  • General
  • FDIC Certificate #: 9764
    Status: Active
    Federal Reserve ID: 150156
    Bank Holding Company (Regulatory Top Holder): Browns Valley Bancshares, Inc. (RSSDID: 1125544, Location: Browns Valley, MN)
    Date Established: January 01, 1926
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 6249
    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: 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: 325 W Broadway, Browns Valley, MN 56219
    County: Traverse
    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
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $21.7 mil
    Equity capital: $2.7 mil
    Deposits held in domestic offices: $18.9 mil
    Return on assets (ROA): 1.13% ($0.2 mil)
    Quarterly return on assets: 1.38% ($0.3 mil)
    Return on Equity (ROE): 9.06% ($0.3 mil)
    Quarterly return on equity: 10.61% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.13% ($245.0 mil)
    Quarterly Pretax return on assets: 1.38% ($299.2 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
  • 5Total employees (full-time equivalent)
  • $21,682Total assets
  • $6,091Cash and due from depository institutions
  • $4,634Interest-bearing balances
  • $6,396Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,848Net loans & leases
  • $108Loan loss allowance
  • $0Trading account assets
  • $25Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $21,682Life insurance assets
  • $322All other assets
  • $18,947Total liabilities and capital
  • $18,911Total liabilities
  • $14,960Total deposits
  • $18,911Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $36Subordinated debt
  • $2,735All other liabilities
  • $2,735Total equity capital
  • $2,735Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $1,425Surplus
  • $1,235Undivided 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
  • $230Long-term assets (5+ years)
  • $19,878Average Assets, year-to-date
  • $1,161Average Assets, quarterly
  • $21,075Volatile liabilities
  • $20,824Insider loans
  • $11,264FHLB advances
  • $21,030Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,514Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $58Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $714Total interest income
  • $176Total interest expense
  • $538Net interest income
  • $0Provision for loan and lease losses
  • $30Total noninterest income
  • $0Fiduciary activities
  • $25Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5Additional noninterest income
  • $330Total noninterest expense
  • $182Salaries and employee benefits
  • $42Premises and equipment expense
  • $106Additional noninterest expense
  • $238Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $238Income before extraordinary items
  • $0Extraordinary gains - net
  • $238Net income attributable to bank
  • $0Net charge-offs
  • $238Cash dividends
  • $4Sale, conversion, retirement of capital stock, net
  • $223Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.72%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 2.80%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 1.72%Noninterest expense to earning assets
  • 1.13%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 9.06%Return on equity (ROE)
  • 0.57%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 59.50%Efficiency ratio
  • 58,099Assets per employee
  • 4.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.70%Loss allowance to loans
  • 1.21%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
  • 46.79%Net loans and leases to core deposits
  • 46.79%Equity capital to assets
  • 12.61%Core capital (leverage) ratio
  • 11.95%Tier 1 risk-based capital ratio
  • 22.32%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $21,075Average earning assets
  • $2,626Average equity
  • $19,184Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06249Union State Bank Of Browns Valley325 W Broadway, Browns Valley, MN 56219January 01, 1926Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Union State Bank of Browns Valley.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents