Vitals
  • Total Assets
    44.8M 17.5 %
  • Total Deposits
    38.8M 14.4 %
  • Total Net Loans
    14.8M -13.7 %
  • Net Income
    285000.0000 -63.4 %
  • Book Value
    3.9M -6.3 %
  • Book Value x2
    7.9M -6.3 %
  • Book Value x3
    11.8M -6.3 %
ROAA

.717

ROAE

7.163

Efficiency Ratio

71.051

Net Interest Margin

3.383

Balance Sheet Highlights
Financial Highlights State Bank Of Bird Island All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 44,806 117,859
Total Net Loans 14,790 72,877
Total Deposits 38,803 100,682
Total Equity 3,927 11,734
Profitability
Net Income 285 822
Return on Average Assets .717 .737
Return on Average Equity 7.163 6.935
Net Interest Margin 3.383 4.062
Efficiency Ratio 71.051 73.09
Noninterest Income/Revenue 7.823 9.075
Balance Sheet Ratios
Loan-to-Deposit 38.116 70.521
Securities/Assets .471 .184
Total Equity/Total Assets .088 .1
Tangible Equity/Tangible Assets .071 .098
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 3,139 10,924
Tier 2 Capital 61 962
Total Capital 3,200 11,908
Total Risk Weighted Assets 21,723 81,355
Leverage Ratio 8.04 9.662
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.45 14.566
Total Capital Ratio 14.73 15.716

Timeline for State Bank Of Bird Island

Frandsen Bank & Trust

State Bank Of Bird Island was acquired by Frandsen Bank & Trust 12 years

View Profile Mar 17 2012

Frandsen Financial Corporation

Frandsen Financial Corporation became a new parent organization for State Bank Of Bird Island.

View Profile Dec 15 2010

Island Financial Corporation

Island Financial Corporation became a new parent organization for State Bank Of Bird Island.

View Profile Dec 31 1993

State Bank Of Bird Island

State Bank Of Bird Island was established 116 years ago and is currently headquartered in Bird Island, MN.

Jan 01 1908
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Frandsen Bank & Trust Buyer 1,586,077 Pooling of Interests Discontinued 3/17/2012
Relationships Role Relationship Start Relationship End
Frandsen Financial Corporation Parent 12/15/2010 3/16/2012
Island Financial Corporation Parent 12/31/1993 12/14/2010
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