Vitals
  • Total Assets
    55.0M -7.0 %
  • Total Deposits
    49.9M -8.2 %
  • Total Net Loans
    26.4M -20.9 %
  • Net Income
    87000.0000 183.7 %
  • Book Value
    5.1M 5.5 %
  • Book Value x2
    10.1M 5.5 %
  • Book Value x3
    15.2M 5.5 %
ROAA

.302

ROAE

3.451

Efficiency Ratio

92.8

Net Interest Margin

3.07

Balance Sheet Highlights
Financial Highlights Kasson State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 55,032 135,701
Total Net Loans 26,378 88,179
Total Deposits 49,855 115,198
Total Equity 5,060 14,430
Profitability
Net Income 87 785
Return on Average Assets .302 1.078
Return on Average Equity 3.451 10.131
Net Interest Margin 3.07 3.819
Efficiency Ratio 92.8 68.731
Noninterest Income/Revenue 13.534 13.133
Balance Sheet Ratios
Loan-to-Deposit 52.909 74.646
Securities/Assets .312 .185
Total Equity/Total Assets .092 .106
Tangible Equity/Tangible Assets .092 .104
Capital Adequacy
Tier 1 Common Capital 5,141 13,862
Tier 1 Capital 5,141 13,869
Tier 2 Capital 404 1,047
Total Capital 5,545 14,957
Total Risk Weighted Assets 32,093 96,803
Leverage Ratio 9.06 10.325
Common Equity Tier 1 Capital Ratio 16.02 15.346
Tier 1 Capital Ratio 16.02 15.358
Total Capital Ratio 17.28 16.463

Timeline for Kasson State Bank

Home Federal Savings Bank

Kasson State Bank was acquired by Home Federal Savings Bank 8 years

View Profile Aug 15 2015

Palmer Bancshares, Inc.

Palmer Bancshares, Inc. became a new parent organization for Kasson State Bank.

View Profile Dec 29 1998

Kasson State Bank

Kasson State Bank was established 89 years ago and is currently headquartered in Kasson, MN.

Feb 02 1935
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Home Federal Savings Bank Buyer 684,441 Acquisition Discontinued 8/15/2015
Relationships Role Relationship Start Relationship End
Palmer Bancshares, Inc. Parent 12/29/1998 8/14/2015
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