Union State Bank of Browns Valley in Browns Valley, Minnesota (MN)



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Union State Bank of Browns Valley routing number info

Table of contents:
Union State Bank of Browns Valley
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)5
Total assets$21,682
Cash and due from depository institutions$6,091
Interest-bearing balances$4,634
Securities$6,396
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$8,848
Loan loss allowance $108
Trading account assets$0
Bank premises and fixed assets$25
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$322
Life insurance assets$21,682
Total liabilities and capital$18,947
Total liabilities$18,911
Total deposits$14,960
Interest-bearing deposits$18,911
Deposits held in domestic offices$100
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $36
All other liabilities $2,735
Total equity capital$2,735
Total bank equity capital$2,735
Perpetual preferred stock$0
Common stock$75
Surplus$1,425
Undivided profits $1,235
Memoranda
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 $0
Earning assets $0
Long-term assets (5+ years) $230
Average Assets, year-to-date $19,878
Average Assets, quarterly $1,161
Volatile liabilities $21,075
Insider loans $20,824
FHLB advances $11,264
Loans and leases held for sale $21,030
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $2,514
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $0
Derivatives$58
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $714
Total interest expense $176
Net interest income $538
Provision for loan and lease losses $0
Total noninterest income $30
Fiduciary activities $0
Service charges on deposit accounts $25
Trading account gains & fees $0
Additional noninterest income $5
Total noninterest expense $330
Salaries and employee benefits $182
Premises and equipment expense $42
Additional noninterest expense $106
Pre-tax net operating income $238
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $238
Extraordinary gains - net $0
Net income attributable to bank $238
Net charge-offs $0
Cash dividends $238
Sale, conversion, retirement of capital stock, net $4
Net operating income $223
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.72%
Cost of funding earning assets 0.92%
Net interest margin 2.80%
Noninterest income to earning assets 0.16%
Noninterest expense to earning assets 1.72%
Net operating income to assets 1.13%
Return on assets (ROA) 1.13%
Pretax return on assets 1.13%
Return on equity (ROE) 9.06%
Retained earnings to average equity (YTD only) 0.57%
Net charge-offs to loans 0.05%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio59.50%
Assets per employee$58,099
Cash dividends to net income (YTD only)4.34%
Condition Ratios (%)
Loss allowance to loans 93.70%
Loss allowance to noncurrent loans 1.21%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 46.79%
Equity capital to assets 46.79%
Core capital (leverage) ratio 12.61%
Tier 1 risk-based capital ratio 11.95%
Total risk-based capital ratio 22.32%
Memoranda
Average assets$23
Average earning assets$21,075
Average equity $2,626
Average loans $19,184
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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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