Vitals
  • Total Assets
    52.3M 3.6 %
  • Total Deposits
    50.8M 8.2 %
  • Total Net Loans
    29.7M -14.6 %
  • Net Income
  • Book Value
    1.0M -67.4 %
  • Book Value x2
    2.0M -67.4 %
  • Book Value x3
    3.0M -67.4 %
ROAA

ROAE

Efficiency Ratio

214.636

Net Interest Margin

3.039

Balance Sheet Highlights
Financial Highlights Jennings State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 52,347 110,372
Total Net Loans 29,670 77,159
Total Deposits 50,801 90,714
Total Equity 1,004 11,303
Profitability
Net Income — 997
Return on Average Assets — 1.005
Return on Average Equity — 9.544
Net Interest Margin 3.039 3.991
Efficiency Ratio 214.636 73.299
Noninterest Income/Revenue 13.503 12.434
Balance Sheet Ratios
Loan-to-Deposit 58.404 81.782
Securities/Assets .175 .255
Total Equity/Total Assets .019 .102
Tangible Equity/Tangible Assets .019 .048
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital — 10,556
Tier 2 Capital — 1,008
Total Capital — 11,576
Total Risk Weighted Assets 40,807 84,942
Leverage Ratio — 9.752
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio — 13.344
Total Capital Ratio — 14.485

Timeline for Jennings State Bank

Central Bank

Jennings State Bank was acquired by Central Bank 14 years

View Profile Oct 03 2009

Spring Grove Investments, Inc.

Spring Grove Investments, Inc. became a new parent organization for Jennings State Bank.

View Profile Dec 31 1970

Jennings State Bank

Jennings State Bank was established 134 years ago and is currently headquartered in Spring Grove, MN.

Jan 01 1890
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Central Bank Buyer 1,243,458 Failure 10/3/2009
Relationships Role Relationship Start Relationship End
Spring Grove Investments, Inc. Parent 1/31/2006 10/2/2009
Spring Grove Investments, Inc. Parent 7/31/2001 1/30/2006
Spring Grove Investments, Inc. Parent 12/31/1983 7/30/2001
Spring Grove Investments, Inc. Parent 12/31/1970 12/30/1983
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