Vitals
  • Total Assets
    414.4M 3.5 %
  • Total Deposits
    358.7M 3.7 %
  • Total Net Loans
    340.3M 6.0 %
  • Net Income
    4.7M -25.2 %
  • Book Value
    41.6M 3.0 %
  • Book Value x2
    83.1M 3.0 %
  • Book Value x3
    124.6M 3.0 %
ROAA

1.184

ROAE

11.573

Efficiency Ratio

57.85

Net Interest Margin

4.149

Balance Sheet Highlights
Financial Highlights Pioneer Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 414,404 147,703
Total Net Loans 340,342 97,223
Total Deposits 358,709 126,600
Total Equity 41,550 15,565
Profitability
Net Income 4,748 1,683
Return on Average Assets 1.184 1.08
Return on Average Equity 11.573 9.905
Net Interest Margin 4.149 3.845
Efficiency Ratio 57.85 68.21
Noninterest Income/Revenue 8.167 13.68
Balance Sheet Ratios
Loan-to-Deposit 94.88 75.205
Securities/Assets .031 .174
Total Equity/Total Assets .1 .105
Tangible Equity/Tangible Assets .087 .103
Capital Adequacy
Tier 1 Common Capital 36,311 15,225
Tier 1 Capital 36,311 15,232
Tier 2 Capital 3,502 1,135
Total Capital 39,813 16,386
Total Risk Weighted Assets 332,201 105,251
Leverage Ratio 9.01 10.475
Common Equity Tier 1 Capital Ratio 10.93 15.3
Tier 1 Capital Ratio 10.93 15.308
Total Capital Ratio 11.98 16.398

Timeline for Pioneer Bank

Farmers State Bank Of Madelia, Incorporated

Acquisition: Pioneer Bank acquired a new subsidiary, Farmers State Bank Of Madelia, Incorporated, 10 years

View Profile Dec 07 2013

Citizens State Bank Of St. James

Acquisition: Pioneer Bank acquired a new subsidiary, Citizens State Bank Of St. James, 22 years

View Profile Jul 01 2001

The First National Bank Of Elmore

Acquisition: Pioneer Bank acquired a new subsidiary, The First National Bank Of Elmore, 27 years

View Profile Jul 01 1996

Citizens Financial Services, Inc.

Citizens Financial Services, Inc. became a new subsidiary organization for Pioneer Bank.

View Profile Jul 01 1996

Elmore Bancshares, Inc.

Elmore Bancshares, Inc. became a new subsidiary organization for Pioneer Bank.

View Profile Jul 01 1996

Want to see more?

Complete timeline for Pioneer Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Farmers State Bank Of Madelia, Incorporated Seller 61,771 Acquisition Discontinued 12/7/2013
Citizens State Bank Of St. James Seller 61,435 Pooling of Interests Discontinued 7/1/2001
The First National Bank Of Elmore Seller 27,040 Acquisition Discontinued 7/1/1996
Relationships Role Relationship Start Relationship End
Citizens Bank Group, Inc. Parent 12/29/1997
Citizens Bank Group, Inc. Parent 7/1/1996 12/28/1997
Citizens Bank Group, Inc. Parent 5/12/1994 6/30/1996
Mapleton Bancshares, Inc. Parent 6/16/1992 5/11/1994
Mapleton Bancshares, Inc. Parent 5/28/1992 6/15/1992
Mapleton Bancshares, Inc. Parent 2/16/1990 5/27/1992
Mapleton Bancshares, Inc. Parent 1/6/1986 2/15/1990
Citizens Financial Services, Inc. Subsidary 6/30/2007
Citizens Financial Services, Inc. Subsidary 7/1/1996 6/29/2007
Elmore Bancshares, Inc. Subsidary 7/1/1996 11/28/1996
Similar Organizations
Organization City State Total Assets
The Andover Bank
 		Andover OH 401.2M
Central Bank Of Sedalia
 		Sedalia MO 411.4M
Security Financial Bank
 		Durand WI 412.8M
North American Banking Company
 		Roseville MN 383.5M
Fnbc Bank
 		Ash Flat AR 403.3M
American State Bank & Trust Company
 		Great Bend KS 401.7M
New Tripoli Bank
 		New Tripoli PA 401.0M
Professional Bank
 		Coral Gables FL 371.6M
Vista Bank
 		Ralls TX 398.9M
Bankliberty
 		Liberty MO 431.1M