Vitals
  • Total Assets
    11.1M 14.1 %
  • Total Deposits
    10.1M 14.2 %
  • Total Net Loans
    4.3M 2.0 %
  • Net Income
    1000.0000 114.3 %
  • Book Value
    1.0M 14.7 %
  • Book Value x2
    2.0M 14.7 %
  • Book Value x3
    3.0M 14.7 %
ROAA

.035

ROAE

.399

Efficiency Ratio

98.876

Net Interest Margin

3.002

Balance Sheet Highlights
Financial Highlights First State Bank Of Murdock All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 11,129 125,684
Total Net Loans 4,265 75,095
Total Deposits 10,119 108,341
Total Equity 1,004 13,048
Profitability
Net Income 1 301
Return on Average Assets .035 .928
Return on Average Equity .399 8.798
Net Interest Margin 3.002 3.767
Efficiency Ratio 98.876 71.404
Noninterest Income/Revenue 16.129 13.022
Balance Sheet Ratios
Loan-to-Deposit 42.148 66.624
Securities/Assets .04 .197
Total Equity/Total Assets .09 .104
Tangible Equity/Tangible Assets .085 .102
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 952 12,133
Tier 2 Capital 60 980
Total Capital 1,012 13,139
Total Risk Weighted Assets 6,375 84,361
Leverage Ratio 8.47 9.773
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.93 15.428
Total Capital Ratio 15.87 16.577

Timeline for First State Bank Of Murdock

Citizens Alliance Bank

First State Bank Of Murdock was acquired by Citizens Alliance Bank 11 years

View Profile May 18 2013

Forstrom Bancorporation, Inc.

Forstrom Bancorporation, Inc. became a new parent organization for First State Bank Of Murdock.

View Profile Dec 17 2012

Murdock Bancor, Inc.

Murdock Bancor, Inc. became a new parent organization for First State Bank Of Murdock.

View Profile Oct 05 1979

First State Bank Of Murdock

First State Bank Of Murdock was established 131 years ago and is currently headquartered in Murdock, MN.

Oct 01 1892
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Citizens Alliance Bank Buyer 688,482 Pooling of Interests Discontinued 5/18/2013
Relationships Role Relationship Start Relationship End
Forstrom Bancorporation, Inc. Parent 12/17/2012 5/17/2013
Murdock Bancor, Inc. Parent 10/5/1979 12/16/2012
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