Vitals
  • Total Assets
    18.5M 2.6 %
  • Total Deposits
    16.3M 5.0 %
  • Total Net Loans
    5.4M -20.5 %
  • Net Income
  • Book Value
    2.1M -12.3 %
  • Book Value x2
    4.3M -12.3 %
  • Book Value x3
    6.4M -12.3 %
ROAA

ROAE

Efficiency Ratio

99.41

Net Interest Margin

2.451

Balance Sheet Highlights
Financial Highlights First State Bank Of Okabena (Incorporated) All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 18,474 142,179
Total Net Loans 5,398 94,130
Total Deposits 16,325 120,810
Total Equity 2,145 15,614
Profitability
Net Income — 1,275
Return on Average Assets — 1.116
Return on Average Equity — 10.217
Net Interest Margin 2.451 3.852
Efficiency Ratio 99.41 67.82
Noninterest Income/Revenue 5.391 13.333
Balance Sheet Ratios
Loan-to-Deposit 33.066 76.259
Securities/Assets .259 .17
Total Equity/Total Assets .116 .11
Tangible Equity/Tangible Assets .116 .108
Capital Adequacy
Tier 1 Common Capital 1,701 14,738
Tier 1 Capital 1,701 14,745
Tier 2 Capital 91 1,107
Total Capital 1,792 15,868
Total Risk Weighted Assets 7,081 101,742
Leverage Ratio 9.55 10.491
Common Equity Tier 1 Capital Ratio 24.02 15.324
Tier 1 Capital Ratio 24.02 15.335
Total Capital Ratio 25.31 16.434

Timeline for First State Bank Of Okabena (Incorporated)

Currie State Bank

First State Bank Of Okabena (Incorporated) was acquired by Currie State Bank 7 years

View Profile Dec 17 2016

Hartman Bancshares, Inc.

Hartman Bancshares, Inc. became a new parent organization for First State Bank Of Okabena (Incorporated).

View Profile Aug 20 1981

First State Bank Of Okabena (Incorporated)

First State Bank Of Okabena (Incorporated) was established 117 years ago and is currently headquartered in Okabena, MN.

Oct 01 1906
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Currie State Bank Buyer 70,366 Acquisition Discontinued 12/17/2016
Relationships Role Relationship Start Relationship End
Hartman Bancshares, Inc. Parent 3/3/1997 12/16/2016
Hartman Bancshares, Inc. Parent 8/20/1981 3/2/1997
Similar Organizations
Organization City State Total Assets
The Jamestown State Bank
 		Jamestown KS 18.4M
Citizens State Bank
 		Carleton NE 18.7M
Young Americans Bank
 		Denver CO 18.3M
Bank Of Hamilton
 		Hamilton ND 18.9M
Laura State Bank
 		Williamsfield IL 18.0M
Clarence State Bank
 		Clarence MO 18.4M
The Farmers & Merchants State Bank Of Cawker City
 		Cawker City KS 18.0M
First Electronic Bank
 		Salt Lake City UT 18.8M
Farmers And Traders Savings Bank
 		Douds IA 19.7M
The Alden State Bank
 		Sterling KS 18.6M