Vitals
  • Total Assets
    101.6M 3.2 %
  • Total Deposits
    76.5M -10.1 %
  • Total Net Loans
    87.2M 3.3 %
  • Net Income
    1.2M -16.5 %
  • Book Value
    8.7M -1.0 %
  • Book Value x2
    17.4M -1.0 %
  • Book Value x3
    26.2M -1.0 %
ROAA

1.244

ROAE

14.531

Efficiency Ratio

66.131

Net Interest Margin

4.197

Balance Sheet Highlights
Financial Highlights First Southeast Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 101,591 147,703
Total Net Loans 87,193 97,223
Total Deposits 76,469 126,600
Total Equity 8,722 15,565
Profitability
Net Income 1,247 1,683
Return on Average Assets 1.244 1.08
Return on Average Equity 14.531 9.905
Net Interest Margin 4.197 3.845
Efficiency Ratio 66.131 68.21
Noninterest Income/Revenue 7.3 13.68
Balance Sheet Ratios
Loan-to-Deposit 114.024 75.205
Securities/Assets .032 .174
Total Equity/Total Assets .086 .105
Tangible Equity/Tangible Assets .086 .103
Capital Adequacy
Tier 1 Common Capital 8,704 15,225
Tier 1 Capital 8,704 15,232
Tier 2 Capital 1,083 1,135
Total Capital 9,787 16,386
Total Risk Weighted Assets 86,474 105,251
Leverage Ratio 8.67 10.475
Common Equity Tier 1 Capital Ratio 10.07 15.3
Tier 1 Capital Ratio 10.07 15.308
Total Capital Ratio 11.32 16.398

Timeline for First Southeast Bank

Canton State Bank

Acquisition: First Southeast Bank acquired a new subsidiary, Canton State Bank, 13 years

View Profile Aug 27 2011

Granger State Bank

Acquisition: First Southeast Bank acquired a new subsidiary, Granger State Bank, 25 years

View Profile Jan 01 1999

First Southeastern Banc Group, Inc.

First Southeastern Banc Group, Inc. became a new parent organization for First Southeast Bank.

View Profile Jan 27 1986

C-S, Inc.

C-S, Inc. became a new parent organization for First Southeast Bank.

View Profile Dec 31 1970

First Southeast Bank

First Southeast Bank was established 131 years ago and is currently headquartered in Harmony, MN.

Mar 15 1893
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Canton State Bank Seller 25,520 Pooling of Interests Discontinued 8/27/2011
Granger State Bank Seller 6,445 Pooling of Interests Discontinued 1/1/1999
Relationships Role Relationship Start Relationship End
First Southeastern Banc Group, Inc. Parent 1/2/1989
First Southeastern Banc Group, Inc. Parent 1/27/1986 1/1/1989
C-S, Inc. Parent 1/27/1986 9/25/1986
C-S, Inc. Parent 12/31/1970 1/26/1986
Similar Organizations
Organization City State Total Assets
New Jersey Community Bank
 		Freehold NJ 101.9M
Merit Bank
 		Overland Park KS 102.1M
Oklahoma Heritage Bank
 		Roff OK 100.8M
First Central Bank
 		Cambridge NE 100.7M
Pioneer State Bank
 		Earlville IL 102.7M
American Founders Bank, Inc.
 		Louisville KY 99.9M
Williamsville State Bank & Trust
 		Williamsville IL 103.4M
The Citizens State Bank Of Ouray
 		Ouray CO 99.5M
The Tri-County Bank
 		Stuart NE 103.8M
Farmers State Bank
 		Algona IA 104.0M