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

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