State Bank Of Loretto Financial Statements & Health Reports

Acquired Sep 2004

Vitals

ROAA

.683

ROAE

Efficiency Ratio

Net Interest Margin

Balance Sheet Highlights

Financial Highlights	State Bank Of Loretto	All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets	98,886	78,926
Total Net Loans	89,563	55,429
Total Deposits	70,689	65,912
Total Equity	9,126	7,628
Profitability
Net Income	355	1,106
Return on Average Assets	.683	1.506
Return on Average Equity	7.831	15.367
Net Interest Margin	4.265	4.429
Efficiency Ratio	66.52	62.61
Noninterest Income/Revenue	4.06	12.03
Balance Sheet Ratios
Loan-to-Deposit	126.7	80.8
Securities/Assets	.025	.303
Total Equity/Total Assets	.092	.097
Tangible Equity/Tangible Assets	.092	-.022
Capital Adequacy
Tier 1 Common Capital	—	—
Tier 1 Capital	9,126	7,384
Tier 2 Capital	1,016	662
Total Capital	10,142	8,035
Total Risk Weighted Assets	80,643	59,548
Leverage Ratio	9.05	9.618
Common Equity Tier 1 Capital Ratio	—	—
Tier 1 Capital Ratio	11.32	13.289
Total Capital Ratio	12.58	14.39

State Bank Of Loretto was acquired by 21St Century Bank 19 years

View Profile Sep 03 2004

State Bank Of Loretto was established 113 years ago and is currently headquartered in Loretto, MN.

Oct 22 1910

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
21St Century Bank	Buyer	374,670	Acquisition	Discontinued	9/3/2004

Relationships	Role	Relationship Start	Relationship End

Similar Organizations

Organization	City	State	Total Assets
The Citizens State Bank Of Ouray	Ouray	CO	99.5M
Commercial State Bank	Wausa	NE	98.1M
American Founders Bank, Inc.	Louisville	KY	99.9M
First Central Bank	Cambridge	NE	100.7M
Oklahoma Heritage Bank	Roff	OK	100.8M
Bank Of Dade	Trenton	GA	96.9M
Security Bank	New Auburn	WI	96.3M
Horizon Bank	Fyffe	AL	96.2M
New Jersey Community Bank	Freehold	NJ	101.9M
Homepride Bank	Mansfield	MO	99.3M