Farmers State Bank Of Sherburn
Sherburn, MN — Domestic Branch of a Domestic Bank
Acquired Jun 2011
Vitals
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Total Assets29.6M 1.4 %
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Total Deposits26.6M 1.2 %
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Total Net Loans14.4M -15.2 %
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Net Income51000.0000 -30.1 %
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Book Value2.5M 2.6 %
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Book Value x24.9M 2.6 %
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Book Value x37.4M 2.6 %
Balance Sheet Highlights
Financial Highlights | Farmers State Bank Of Sherburn | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 29,565 | 112,404 |
Total Net Loans | 14,400 | 71,813 |
Total Deposits | 26,579 | 95,903 |
Total Equity | 2,453 | 11,025 |
Profitability | ||
Net Income | 51 | 212 |
Return on Average Assets | .675 | .739 |
Return on Average Equity | 8.407 | 7.202 |
Net Interest Margin | 4.254 | 3.98 |
Efficiency Ratio | 78.944 | 73.338 |
Noninterest Income/Revenue | 13.497 | 10.219 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 54.178 | 72.429 |
Securities/Assets | .055 | .17 |
Total Equity/Total Assets | .083 | .098 |
Tangible Equity/Tangible Assets | .083 | .097 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,434 | 10,471 |
Tier 2 Capital | 221 | 959 |
Total Capital | 2,655 | 11,443 |
Total Risk Weighted Assets | 17,630 | 79,942 |
Leverage Ratio | 8.06 | 9.561 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.81 | 14.319 |
Total Capital Ratio | 15.06 | 15.482 |
Timeline for Farmers State Bank Of Sherburn
Bank Midwest
Farmers State Bank Of Sherburn was acquired by Bank Midwest 12 years
View Profile Jun 03 2011Sherburn Bancshares, Inc.
Sherburn Bancshares, Inc. became a new parent organization for Farmers State Bank Of Sherburn.
View Profile Sep 30 1981Farmers State Bank Of Sherburn
Farmers State Bank Of Sherburn was established 93 years ago and is currently headquartered in Sherburn, MN.
Nov 01 1930Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bank Midwest | Buyer | 792,916 | Acquisition | Discontinued | 6/3/2011 |
Relationships | Role | Relationship Start | Relationship End |
Sherburn Bancshares, Inc. | Parent | 12/31/2000 | 6/2/2011 |
Sherburn Bancshares, Inc. | Parent | 9/30/1981 | 12/30/2000 |
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