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

This bank is inactive as of July 01, 2001

  • Valley State Bank of Oslo in Oslo, Minnesota (MN)
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Valley State Bank of Oslo - Overview

  • General
  • FDIC Certificate #: 19356
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank of the Red River Valley (#19180)
    Federal Reserve ID: 169251
    Date Established: January 25, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 10622
    FDIC's unique #: 13166
    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 25, 1965
    Last Structure Change Effective Date: July 01, 2001
    Last Structure Change Process Date: July 16, 2001
    Last Data Update: July 16, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Oslo, MN 56744
    County: Marshall
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $15.2 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $14,946Total assets
  • $1,824Cash and due from depository institutions
  • $1,265Interest-bearing balances
  • $3,255Securities
  • $734Federal funds sold & reverse repurchase agreements
  • $8,560Net loans & leases
  • $150Loan loss allowance
  • $0Trading account assets
  • $98Bank premises and fixed assets
  • $1Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $474All other assets
  • $14,946Total liabilities and capital
  • $13,218Total liabilities
  • $13,011Total deposits
  • $10,810Interest-bearing deposits
  • $13,011Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $207All other liabilities
  • $1,728Total equity capital
  • $1,728Total bank equity capital
  • $1,728Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $1,000Undivided profits
  • Memoranda
  • $628Noncurrent loans and leases
  • $388Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $103Earning assets
  • $0Long-term assets (5+ years)
  • $212Average Assets, year-to-date
  • $13,814Average Assets, quarterly
  • $129Volatile liabilities
  • $14,547Insider loans
  • $14,585FHLB advances
  • $340Loans and leases held for sale
  • $209Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $388Total unused commitments
  • $0Restructured Loans and leases
  • $126Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,058Total interest income
  • $473Total interest expense
  • $585Net interest income
  • -$48Provision for loan and lease losses
  • $170Total noninterest income
  • $0Fiduciary activities
  • $55Service charges on deposit accounts
  • $0Trading account gains & fees
  • $115Additional noninterest income
  • $548Total noninterest expense
  • $342Salaries and employee benefits
  • $60Premises and equipment expense
  • $146Additional noninterest expense
  • $255Pre-tax net operating income
  • $0Securities gains (losses)
  • $77Applicable income taxes
  • $178Income before extraordinary items
  • $0Extraordinary gains - net
  • $178Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $75Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.99%Yield on earning assets
  • 3.57%Cost of funding earning assets
  • 4.42%Net interest margin
  • 1.28%Noninterest income to earning assets
  • 4.14%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 10.72%Return on equity (ROE)
  • 6.20%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • -2400.00%Credit loss provision to net charge-offs
  • 103.50%Efficiency ratio
  • 72,583Assets per employee
  • 2.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.13%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 145.63%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 1.18%Net loans and leases to deposits
  • 65.79%Net loans and leases to core deposits
  • 67.56%Equity capital to assets
  • 11.56%Core capital (leverage) ratio
  • 12.30%Tier 1 risk-based capital ratio
  • 17.37%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $14,547Average earning assets
  • $1,661Average equity
  • $13,247Average loans

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