Vitals
  • Total Assets
    101.3M -3.3 %
  • Total Deposits
    93.8M 0.3 %
  • Total Net Loans
    14.0M 3.4 %
  • Net Income
    1.2M -27.0 %
  • Book Value
    7.4M -14.5 %
  • Book Value x2
    14.9M -14.5 %
  • Book Value x3
    22.3M -14.5 %
ROAA

1.501

ROAE

21.055

Efficiency Ratio

51.233

Net Interest Margin

3.221

Balance Sheet Highlights
Financial Highlights First State Bank, Lake Lillian, Minnesota All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 101,303 86,621
Total Net Loans 13,954 63,341
Total Deposits 93,834 71,782
Total Equity 7,437 8,537
Profitability
Net Income 1,213 1,903
Return on Average Assets 1.501 1.582
Return on Average Equity 21.055 16.157
Net Interest Margin 3.221 4.524
Efficiency Ratio 51.233 62.201
Noninterest Income/Revenue 3.838 10.475
Balance Sheet Ratios
Loan-to-Deposit 14.871 84.612
Securities/Assets .551 .264
Total Equity/Total Assets .073 .099
Tangible Equity/Tangible Assets .073 .02
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 8,535 8,247
Tier 2 Capital 143 741
Total Capital 8,678 8,978
Total Risk Weighted Assets 33,795 67,294
Leverage Ratio 8.46 9.903
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 25.26 13.175
Total Capital Ratio 25.68 14.269

Timeline for First State Bank, Lake Lillian, Minnesota

Citizens Alliance Bank

First State Bank, Lake Lillian, Minnesota was acquired by Citizens Alliance Bank 18 years

View Profile Oct 01 2005

Forstrom Bancorporation, Inc.

Forstrom Bancorporation, Inc. became a new parent organization for First State Bank, Lake Lillian, Minnesota.

View Profile Apr 21 2004

First State Agency Of Lake Lillian, Inc.

First State Agency Of Lake Lillian, Inc. became a new parent organization for First State Bank, Lake Lillian, Minnesota.

View Profile Dec 31 1970

First State Bank, Lake Lillian, Minnesota

First State Bank, Lake Lillian, Minnesota was established 110 years ago and is currently headquartered in Lake Lillian, MN.

Apr 09 1914
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Citizens Alliance Bank Buyer 688,482 Pooling of Interests Discontinued 10/1/2005
Relationships Role Relationship Start Relationship End
Forstrom Bancorporation, Inc. Parent 4/21/2004 9/30/2005
First State Agency Of Lake Lillian, Inc. Parent 7/15/1991 4/20/2004
First State Agency Of Lake Lillian, Inc. Parent 12/31/1982 7/14/1991
First State Agency Of Lake Lillian, Inc. Parent 12/31/1970 12/30/1982
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