American State Bank Of Erskine
Erskine, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2014
Vitals
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Total Assets24.3M -1.3 %
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Total Deposits20.8M -2.1 %
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Total Net Loans10.2M -2.4 %
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Net Income98000.0000 27.3 %
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Book Value3.5M 4.2 %
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Book Value x26.9M 4.2 %
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Book Value x310.4M 4.2 %
Balance Sheet Highlights
Financial Highlights | American State Bank Of Erskine | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 24,308 | 133,629 |
Total Net Loans | 10,213 | 84,240 |
Total Deposits | 20,836 | 113,741 |
Total Equity | 3,461 | 13,959 |
Profitability | ||
Net Income | 98 | 728 |
Return on Average Assets | .8 | 1.008 |
Return on Average Equity | 5.825 | 9.872 |
Net Interest Margin | 3.216 | 3.797 |
Efficiency Ratio | 77.753 | 70.483 |
Noninterest Income/Revenue | 15.502 | 13.382 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 49.016 | 71.512 |
Securities/Assets | .221 | .201 |
Total Equity/Total Assets | .142 | .104 |
Tangible Equity/Tangible Assets | .142 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 3,492 | 13,336 |
Tier 2 Capital | 146 | 1,041 |
Total Capital | 3,638 | 14,392 |
Total Risk Weighted Assets | 12,014 | 92,777 |
Leverage Ratio | 14.29 | 10.179 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 29.07 | 15.445 |
Total Capital Ratio | 30.28 | 16.557 |
Timeline for American State Bank Of Erskine
American State Bank Of Grygla
American State Bank Of Erskine was acquired by American State Bank Of Grygla 9 years
View Profile Sep 06 2014Medr Bancshares, Inc.
Medr Bancshares, Inc. became a new parent organization for American State Bank Of Erskine.
View Profile Nov 12 1981American State Bank Of Erskine
American State Bank Of Erskine was established 95 years ago and is currently headquartered in Erskine, MN.
Apr 14 1929Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
American State Bank Of Grygla | Buyer | 49,443 | Acquisition | Discontinued | 9/6/2014 |
Relationships | Role | Relationship Start | Relationship End |
Medr Bancshares, Inc. | Parent | 7/17/1996 | 9/5/2014 |
Medr Bancshares, Inc. | Parent | 11/14/1994 | 7/16/1996 |
Medr Bancshares, Inc. | Parent | 11/12/1981 | 11/13/1994 |
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