State Bank Of Cokato
Cokato, MN — Domestic Branch of a Domestic Bank
Acquired Apr 2012
Vitals
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Total Assets55.7M 0.9 %
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Total Deposits53.3M 3.9 %
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Total Net Loans29.3M -15.8 %
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Net Income-365000.0000 -56.0 %
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Book Value2.3M -17.3 %
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Book Value x24.6M -17.3 %
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Book Value x36.9M -17.3 %
Balance Sheet Highlights
Financial Highlights | State Bank Of Cokato | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 55,717 | 117,642 |
Total Net Loans | 29,320 | 71,723 |
Total Deposits | 53,329 | 100,805 |
Total Equity | 2,316 | 11,927 |
Profitability | ||
Net Income | -365 | 272 |
Return on Average Assets | -2.745 | .921 |
Return on Average Equity | -58.764 | 8.61 |
Net Interest Margin | 2.952 | 4 |
Efficiency Ratio | 155.799 | 71.189 |
Noninterest Income/Revenue | 19.757 | 10.98 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 54.98 | 68.978 |
Securities/Assets | .073 | .188 |
Total Equity/Total Assets | .042 | .101 |
Tangible Equity/Tangible Assets | .042 | .1 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,325 | 11,122 |
Tier 2 Capital | 472 | 957 |
Total Capital | 2,797 | 12,100 |
Total Risk Weighted Assets | 36,675 | 80,440 |
Leverage Ratio | 4.37 | 9.73 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 6.34 | 14.898 |
Total Capital Ratio | 7.63 | 16.061 |
Timeline for State Bank Of Cokato
Kensington Bank
State Bank Of Cokato was acquired by Kensington Bank 12 years
View Profile Apr 01 2012Cokato Bancshares, Inc.
Cokato Bancshares, Inc. became a new parent organization for State Bank Of Cokato.
View Profile Mar 20 1981State Bank Of Cokato
State Bank Of Cokato was established 132 years ago and is currently headquartered in Cokato, MN.
Mar 02 1892Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Kensington Bank | Buyer | 151,844 | Acquisition | Discontinued | 4/1/2012 |
Relationships | Role | Relationship Start | Relationship End |
Cokato Bancshares, Inc. | Parent | 6/30/1998 | 3/31/2012 |
Cokato Bancshares, Inc. | Parent | 8/28/1991 | 6/29/1998 |
Cokato Bancshares, Inc. | Parent | 10/22/1988 | 8/27/1991 |
Cokato Bancshares, Inc. | Parent | 3/11/1988 | 10/21/1988 |
Cokato Bancshares, Inc. | Parent | 12/31/1987 | 3/10/1988 |
Cokato Bancshares, Inc. | Parent | 3/20/1981 | 12/30/1987 |
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