State Bank Of Clarks Grove
Albert Lea, MN — Domestic Branch of a Domestic Bank
Acquired Mar 2014
Vitals
-
Total Assets27.9M 7.3 %
-
Total Deposits25.2M 7.8 %
-
Total Net Loans7.0M -8.3 %
-
Net Income61000.0000 454.5 %
-
Book Value2.7M 2.2 %
-
Book Value x25.3M 2.2 %
-
Book Value x38.0M 2.2 %
Balance Sheet Highlights
Financial Highlights | State Bank Of Clarks Grove | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 27,908 | 130,832 |
Total Net Loans | 6,959 | 81,249 |
Total Deposits | 25,230 | 112,584 |
Total Equity | 2,660 | 13,127 |
Profitability | ||
Net Income | 61 | 1,303 |
Return on Average Assets | .219 | .952 |
Return on Average Equity | 2.312 | 9.157 |
Net Interest Margin | 2.182 | 3.83 |
Efficiency Ratio | 90.498 | 71.481 |
Noninterest Income/Revenue | 15.339 | 13.093 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 27.582 | 69.667 |
Securities/Assets | .094 | .196 |
Total Equity/Total Assets | .095 | .1 |
Tangible Equity/Tangible Assets | .095 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,660 | 12,887 |
Tier 2 Capital | 150 | 1,021 |
Total Capital | 2,810 | 13,935 |
Total Risk Weighted Assets | 11,943 | 90,245 |
Leverage Ratio | 9.21 | 9.986 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 22.27 | 15.223 |
Total Capital Ratio | 23.53 | 16.349 |
Timeline for State Bank Of Clarks Grove
Produce State Bank
State Bank Of Clarks Grove was acquired by Produce State Bank 10 years
View Profile Mar 29 2014State Bank Of Clarks Grove
State Bank Of Clarks Grove was established 121 years ago and is currently headquartered in Albert Lea, MN.
Aug 21 1903Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Produce State Bank | Buyer | 61,884 | Acquisition | Discontinued | 3/29/2014 |
Relationships | Role | Relationship Start | Relationship End |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Eagle State Bank
|
Eagle | NE | 27.7M |
Amistad Bank
|
Del Rio | TX | 28.2M |
The Baxter State Bank
|
Baxter Springs | KS | 28.6M |
The Farmers State Bank Of Turton
|
Turton | SD | 27.9M |
1St State Bank Of Mason City
|
Mason City | IL | 28.1M |
Bank Of Mead
|
Mead | NE | 27.7M |
Hart County Bank And Trust Company
|
Munfordville | KY | 27.6M |
Minnesota First Credit And Savings, Incorporated
|
Rochester | MN | 27.9M |
The First State Bank
|
Abernathy | TX | 27.6M |
The Farmers And Merchants State Bank
|
Scotland | SD | 27.5M |