Altura State Bank
Altura, MN — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Vitals
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Total Assets48.2M 0.0 %
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Total Deposits40.3M 0.0 %
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Total Net Loans29.4M 0.2 %
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Net Income169000.0000 -58.9 %
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Book Value7.7M 6.4 %
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Book Value x215.4M 6.4 %
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Book Value x323.1M 6.4 %
Balance Sheet Highlights
Financial Highlights | Altura State Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 48,170 | 138,472 |
Total Net Loans | 29,412 | 92,090 |
Total Deposits | 40,338 | 117,230 |
Total Equity | 7,702 | 15,259 |
Profitability | ||
Net Income | 169 | 820 |
Return on Average Assets | .706 | 1.091 |
Return on Average Equity | 4.415 | 10.036 |
Net Interest Margin | 3.631 | 3.842 |
Efficiency Ratio | 82.223 | 68.266 |
Noninterest Income/Revenue | 22.533 | 12.981 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 72.914 | 76.782 |
Securities/Assets | .143 | .172 |
Total Equity/Total Assets | .16 | .11 |
Tangible Equity/Tangible Assets | .16 | .108 |
Capital Adequacy | ||
Tier 1 Common Capital | 7,655 | 14,366 |
Tier 1 Capital | 7,655 | 14,374 |
Tier 2 Capital | 200 | 1,083 |
Total Capital | 7,855 | 15,471 |
Total Risk Weighted Assets | 33,567 | 99,702 |
Leverage Ratio | 15.9 | 10.493 |
Common Equity Tier 1 Capital Ratio | 22.81 | 15.308 |
Tier 1 Capital Ratio | 22.81 | 15.32 |
Total Capital Ratio | 23.4 | 16.416 |
Timeline for Altura State Bank
Peoples State Bank Of Plainview
Altura State Bank was acquired by Peoples State Bank Of Plainview 7 years
View Profile Jul 09 2016Southeast Minnesota Bancshares, Inc.
Southeast Minnesota Bancshares, Inc. became a new parent organization for Altura State Bank.
View Profile Jul 01 1985Altura State Bank
Altura State Bank was established 113 years ago and is currently headquartered in Altura, MN.
Dec 10 1910Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Peoples State Bank Of Plainview | Buyer | 249,953 | Acquisition | Discontinued | 7/9/2016 |
Relationships | Role | Relationship Start | Relationship End |
Southeast Minnesota Bancshares, Inc. | Parent | 7/1/1985 | 7/8/2016 |
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