Canton State Bank
Canton, MN — Domestic Branch of a Domestic Bank
Acquired Aug 2011
Vitals
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Total Assets25.5M -10.0 %
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Total Deposits22.9M -11.3 %
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Total Net Loans18.1M -2.6 %
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Net Income128000.0000 158.2 %
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Book Value2.4M 5.5 %
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Book Value x24.8M 5.5 %
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Book Value x37.3M 5.5 %
Balance Sheet Highlights
Financial Highlights | Canton State Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 25,520 | 113,027 |
Total Net Loans | 18,057 | 72,412 |
Total Deposits | 22,926 | 96,287 |
Total Equity | 2,418 | 11,353 |
Profitability | ||
Net Income | 128 | 413 |
Return on Average Assets | .992 | .743 |
Return on Average Equity | 10.92 | 7.169 |
Net Interest Margin | 4.012 | 4.032 |
Efficiency Ratio | 75.369 | 73.14 |
Noninterest Income/Revenue | 7.349 | 9.91 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 78.762 | 73.098 |
Securities/Assets | .195 | .172 |
Total Equity/Total Assets | .095 | .1 |
Tangible Equity/Tangible Assets | .095 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,311 | 10,582 |
Tier 2 Capital | 244 | 963 |
Total Capital | 2,555 | 11,560 |
Total Risk Weighted Assets | 19,487 | 80,378 |
Leverage Ratio | 9.17 | 9.708 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.86 | 14.407 |
Total Capital Ratio | 13.11 | 15.57 |
Timeline for Canton State Bank
First Southeast Bank
Canton State Bank was acquired by First Southeast Bank 13 years
View Profile Aug 27 2011First Southeastern Banc Group, Inc.
First Southeastern Banc Group, Inc. became a new parent organization for Canton State Bank.
View Profile May 19 1989Fillmore County Bancshares, Inc.
Fillmore County Bancshares, Inc. became a new parent organization for Canton State Bank.
View Profile Aug 14 1987Canton State Bank
Canton State Bank was established 79 years ago and is currently headquartered in Canton, MN.
Jun 28 1945Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First Southeast Bank | Buyer | 101,555 | Pooling of Interests | Discontinued | 8/27/2011 |
Relationships | Role | Relationship Start | Relationship End |
First Southeastern Banc Group, Inc. | Parent | 3/2/1990 | 8/26/2011 |
First Southeastern Banc Group, Inc. | Parent | 11/21/1989 | 3/1/1990 |
First Southeastern Banc Group, Inc. | Parent | 5/19/1989 | 11/20/1989 |
Fillmore County Bancshares, Inc. | Parent | 8/14/1987 | 5/18/1989 |
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