Village Bank in Saint Francis, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Village Bank - Overview

  • General
  • FDIC Certificate #: 33761
    Status: Active
    Federal Reserve ID: 2010722
    Bank Holding Company (Regulatory Top Holder): Village Bancshares, Inc. (RSSDID: 2265867, Location: Saint Francis, MN)
    Date Established: January 11, 1993
    WWW: http://www.villagebankonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 47971
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 11, 1993
    Last Structure Change Effective Date: July 12, 2011
    Last Structure Change Process Date: July 12, 2011
    Last Data Update: July 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3350 Bridge Street, Saint Francis, MN 55070
    County: Anoka
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    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)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Change in Location
  • Financial Summary
  • Total assets: $214.1 mil
    Equity capital: $9.2 mil
    Deposits held in domestic offices: $189.7 mil
    Return on assets (ROA): -2.23% (-$4.8 mil)
    Quarterly return on assets: -1.50% (-$3.2 mil)
    Return on Equity (ROE): -44.91% (-$4.0 mil)
    Quarterly return on equity: -33.76% (-$3.0 mil)
    Net income: -$5.1 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -2.23% (-$4,774.9 mil)
    Quarterly Pretax return on assets: -1.50% (-$3,211.8 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
  • 55Total employees (full-time equivalent)
  • $214,120Total assets
  • $27,161Cash and due from depository institutions
  • $22,139Interest-bearing balances
  • $19,473Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $147,833Net loans & leases
  • $9,616Loan loss allowance
  • $0Trading account assets
  • $5,887Bank premises and fixed assets
  • $11,924Other real estate owned
  • $0Goodwill and other intangibles
  • $214,120Life insurance assets
  • $1,842All other assets
  • $204,912Total liabilities and capital
  • $189,736Total liabilities
  • $147,429Total deposits
  • $189,736Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $14,000Trading liabilities
  • $0Other borrowed funds
  • $1,176Subordinated debt
  • $9,208All other liabilities
  • $9,208Total equity capital
  • $9,208Total bank equity capital
  • $0Perpetual preferred stock
  • $141Common stock
  • $20,859Surplus
  • $-11,792Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,440Income earned, not collected on loans
  • $0Earning assets
  • $685Long-term assets (5+ years)
  • $189,445Average Assets, year-to-date
  • $14,651Average Assets, quarterly
  • $227,837Volatile liabilities
  • $217,272Insider loans
  • $162,807FHLB advances
  • $216,653Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,855Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,624Restructured Loans and leases
  • $2,355Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,814Total interest income
  • $1,752Total interest expense
  • $9,062Net interest income
  • $4,303Provision for loan and lease losses
  • -$1,122Total noninterest income
  • $0Fiduciary activities
  • $836Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,958Additional noninterest income
  • $8,783Total noninterest expense
  • $3,956Salaries and employee benefits
  • $1,214Premises and equipment expense
  • $3,613Additional noninterest expense
  • -$5,146Pre-tax net operating income
  • $60Securities gains (losses)
  • $0Applicable income taxes
  • -$5,086Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,086Net income attributable to bank
  • $0Net charge-offs
  • -$5,086Cash dividends
  • $1,348Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.28%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.42%Net interest margin
  • -0.55%Noninterest income to earning assets
  • 4.29%Noninterest expense to earning assets
  • -2.26%Net operating income to assets
  • -2.23%Return on assets (ROA)
  • -2.23%Pretax return on assets
  • -44.91%Return on equity (ROE)
  • -44.91%Retained earnings to average equity (YTD only)
  • 0.76%Net charge-offs to loans
  • 319.21%Credit loss provision to net charge-offs
  • -0.63%Efficiency ratio
  • 110,617Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.11%Loss allowance to noncurrent loans
  • 52.15%Noncurrent assets plus other real estate owned to assets
  • 14.18%Noncurrent loans to loans
  • 11.71%Net loans and leases to deposits
  • 77.92%Net loans and leases to core deposits
  • 83.72%Equity capital to assets
  • 4.30%Core capital (leverage) ratio
  • 4.09%Tier 1 risk-based capital ratio
  • 5.44%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $227,837Average earning assets
  • $11,326Average equity
  • $204,800Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047971Village Bank3350 Bridge Street, Saint Francis, MN 55070January 11, 1993Full Service Brick and Mortar
    2289864Blaine Branch9298 Central Avenue, N.E., Blaine, MN 55434May 26, 1998Full Service Brick and Mortar
    3441994Anoka-Ramsey Branch7125 Riverdale Drive, Ramsey, MN 55303October 01, 2004Full Service Brick and Mortar
    4446084East Bethel Branch18770 Highway 65 Ne, East Bethel, MN 55011November 01, 2005Full Service Brick and Mortar

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