Clinton State Bank
Clinton, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Vitals
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Total Assets67.8M -2.6 %
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Total Deposits57.5M -4.4 %
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Total Net Loans36.4M -15.1 %
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Net Income717000.0000 -31.9 %
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Book Value7.7M -17.8 %
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Book Value x215.4M -17.8 %
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Book Value x323.1M -17.8 %
Balance Sheet Highlights
Financial Highlights | Clinton State Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 67,843 | 127,701 |
Total Net Loans | 36,440 | 78,251 |
Total Deposits | 57,521 | 109,892 |
Total Equity | 7,703 | 13,011 |
Profitability | ||
Net Income | 717 | 1,001 |
Return on Average Assets | 1.417 | .994 |
Return on Average Equity | 12.264 | 9.51 |
Net Interest Margin | 3.039 | 3.817 |
Efficiency Ratio | 52.007 | 70.407 |
Noninterest Income/Revenue | 6.755 | 13.414 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 63.351 | 68.963 |
Securities/Assets | .384 | .2 |
Total Equity/Total Assets | .114 | .102 |
Tangible Equity/Tangible Assets | .088 | .1 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,538 | 12,656 |
Tier 2 Capital | — | 996 |
Total Capital | 6,538 | 13,678 |
Total Risk Weighted Assets | 41,419 | 87,507 |
Leverage Ratio | 10.09 | 10.063 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.79 | 15.531 |
Total Capital Ratio | 15.79 | 16.657 |
Timeline for Clinton State Bank
Frandsen Bank & Trust
Clinton State Bank was acquired by Frandsen Bank & Trust 10 years
View Profile Oct 19 2013Frandsen Financial Corporation
Frandsen Financial Corporation became a new parent organization for Clinton State Bank.
View Profile Oct 19 2012Clinton Bancshares, Inc.
Clinton Bancshares, Inc. became a new parent organization for Clinton State Bank.
View Profile Nov 27 1981Clinton State Bank
Clinton State Bank was established 121 years ago and is currently headquartered in Clinton, MN.
Jan 01 1903Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Frandsen Bank & Trust | Buyer | 1,586,077 | Pooling of Interests | Discontinued | 10/19/2013 |
Relationships | Role | Relationship Start | Relationship End |
Frandsen Financial Corporation | Parent | 10/19/2012 | 10/18/2013 |
Clinton Bancshares, Inc. | Parent | 11/15/1996 | 10/18/2012 |
Clinton Bancshares, Inc. | Parent | 2/1/1994 | 11/14/1996 |
Clinton Bancshares, Inc. | Parent | 9/17/1993 | 1/31/1994 |
Clinton Bancshares, Inc. | Parent | 3/22/1990 | 9/16/1993 |
Clinton Bancshares, Inc. | Parent | 12/31/1989 | 3/21/1990 |
Clinton Bancshares, Inc. | Parent | 12/31/1984 | 12/30/1989 |
Clinton Bancshares, Inc. | Parent | 12/31/1983 | 12/30/1984 |
Clinton Bancshares, Inc. | Parent | 11/27/1981 | 12/30/1983 |
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