Victoria State Bank in Victoria, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 02, 2005

  • Victoria State Bank in Victoria, Minnesota (MN)
  • Show street view No street view available for this location

Victoria State Bank - Overview

  • General
  • FDIC Certificate #: 22085
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: KleinBank (#1414)
    Federal Reserve ID: 773751
    Date Established: January 01, 1911
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15335
    Numeric code: 13
    Regulator: FED
    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: July 28, 1975
    Last Structure Change Effective Date: April 02, 2005
    Last Structure Change Process Date: April 20, 2005
    Last Data Update: April 20, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Victoria, MN 55386
    County: Carver
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • Financial Summary
  • Total assets: $59.1 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, 2004)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $58,151Total assets
  • $1,947Cash and due from depository institutions
  • $20Interest-bearing balances
  • $24,970Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $29,284Net loans & leases
  • $407Loan loss allowance
  • $0Trading account assets
  • $756Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,194All other assets
  • $58,151Total liabilities and capital
  • $53,005Total liabilities
  • $50,816Total deposits
  • $42,009Interest-bearing deposits
  • $50,816Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,280Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $515Other borrowed funds
  • $0Subordinated debt
  • $394All other liabilities
  • $5,146Total equity capital
  • $5,146Total bank equity capital
  • $5,146Perpetual preferred stock
  • $0Common stock
  • $108Surplus
  • $3,892Undivided profits
  • Memoranda
  • $1,146Noncurrent loans and leases
  • $9,683Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $20Earning assets
  • $0Long-term assets (5+ years)
  • $264Average Assets, year-to-date
  • $54,274Average Assets, quarterly
  • $6,817Volatile liabilities
  • $55,693Insider loans
  • $58,880FHLB advances
  • $5,485Loans and leases held for sale
  • $330Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $245Total risk weighted assets
  • $9,683Total unused commitments
  • $81Restructured Loans and leases
  • $407Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $2,485Total interest income
  • $416Total interest expense
  • $2,069Net interest income
  • -$29Provision for loan and lease losses
  • $422Total noninterest income
  • $0Fiduciary activities
  • $263Service charges on deposit accounts
  • $0Trading account gains & fees
  • $159Additional noninterest income
  • $1,620Total noninterest expense
  • $758Salaries and employee benefits
  • $151Premises and equipment expense
  • $711Additional noninterest expense
  • $900Pre-tax net operating income
  • $3Securities gains (losses)
  • $12Applicable income taxes
  • $891Income before extraordinary items
  • $0Extraordinary gains - net
  • $891Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$69Sale, conversion, retirement of capital stock, net
  • $391Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.83%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.02%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 3.15%Noninterest expense to earning assets
  • 1.59%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 17.82%Return on equity (ROE)
  • 10.00%Retained earnings to average equity (YTD only)
  • -0.25%Net charge-offs to loans
  • 42.03%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 65,034Assets per employee
  • 5.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.88%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 2035.00%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 57.63%Net loans and leases to core deposits
  • 62.14%Equity capital to assets
  • 8.85%Core capital (leverage) ratio
  • 9.02%Tier 1 risk-based capital ratio
  • 13.86%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $55,693Average earning assets
  • $4,999Average equity
  • $51,488Average loans

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 Victoria State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents