Vitals
  • Total Assets
    39.1M -0.8 %
  • Total Deposits
    35.3M 1.2 %
  • Total Net Loans
    17.0M -15.1 %
  • Net Income
    -498000.0000 -292.1 %
  • Book Value
    3.2M -17.0 %
  • Book Value x2
    6.5M -17.0 %
  • Book Value x3
    9.7M -17.0 %
ROAA

-5.121

ROAE

-57.11

Efficiency Ratio

-372.917

Net Interest Margin

3.302

Balance Sheet Highlights
Financial Highlights Flagship Bank Winsted All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 39,053 125,684
Total Net Loans 17,038 75,095
Total Deposits 35,306 108,341
Total Equity 3,234 13,048
Profitability
Net Income -498 301
Return on Average Assets -5.121 .928
Return on Average Equity -57.11 8.798
Net Interest Margin 3.302 3.767
Efficiency Ratio -372.917 71.404
Noninterest Income/Revenue 551.471 13.022
Balance Sheet Ratios
Loan-to-Deposit 48.258 66.624
Securities/Assets .079 .197
Total Equity/Total Assets .083 .104
Tangible Equity/Tangible Assets .083 .102
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 2,274 12,133
Tier 2 Capital 256 980
Total Capital 2,530 13,139
Total Risk Weighted Assets 19,941 84,361
Leverage Ratio 5.99 9.773
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.4 15.428
Total Capital Ratio 12.69 16.577

Timeline for Flagship Bank Winsted

Security Bank & Trust Company

Flagship Bank Winsted was acquired by Security Bank & Trust Company 11 years

View Profile Apr 27 2013

Community Lenders, Inc.

Community Lenders, Inc. became a new subsidiary organization for Flagship Bank Winsted.

View Profile Apr 01 2002

Flagship Insurance Group, Inc.

Flagship Insurance Group, Inc. became a new subsidiary organization for Flagship Bank Winsted.

View Profile Aug 11 2000

Flagship Financial Group, Inc.

Flagship Financial Group, Inc. became a new parent organization for Flagship Bank Winsted.

View Profile Nov 21 1989

Citizens, Inc.

Citizens, Inc. became a new parent organization for Flagship Bank Winsted.

View Profile Nov 30 1978

Want to see more?

Complete timeline for Flagship Bank Winsted is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Security Bank & Trust Company Buyer 516,476 Acquisition Discontinued 4/27/2013
Relationships Role Relationship Start Relationship End
Flagship Financial Group, Inc. Parent 12/31/1990 4/26/2013
Flagship Financial Group, Inc. Parent 11/21/1989 12/30/1990
Citizens, Inc. Parent 12/31/1984 11/20/1989
Citizens, Inc. Parent 11/30/1978 12/30/1984
Flagship Insurance Group, Inc. Subsidary 6/30/2007 10/31/2012
Flagship Insurance Group, Inc. Subsidary 8/11/2000 6/29/2007
Community Lenders, Inc. Subsidary 4/1/2002 3/1/2007
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