State Bank Of Park Rapids
Park Rapids, MN — Domestic Branch of a Domestic Bank
Acquired Jun 2015
Vitals
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Total Assets91.0M -8.9 %
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Total Deposits74.9M -14.5 %
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Total Net Loans41.8M -3.2 %
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Net Income260000.0000 2.8 %
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Book Value11.3M 19.3 %
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Book Value x222.5M 19.3 %
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Book Value x333.8M 19.3 %
Balance Sheet Highlights
Financial Highlights | State Bank Of Park Rapids | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 91,031 | 132,734 |
Total Net Loans | 41,819 | 84,071 |
Total Deposits | 74,866 | 113,388 |
Total Equity | 11,255 | 14,212 |
Profitability | ||
Net Income | 260 | 378 |
Return on Average Assets | 1.118 | 1.068 |
Return on Average Equity | 9.212 | 10.001 |
Net Interest Margin | 3.711 | 3.786 |
Efficiency Ratio | 71.905 | 69.546 |
Noninterest Income/Revenue | 12.56 | 12.973 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 55.859 | 72.065 |
Securities/Assets | .447 | .189 |
Total Equity/Total Assets | .124 | .107 |
Tangible Equity/Tangible Assets | .124 | .105 |
Capital Adequacy | ||
Tier 1 Common Capital | 10,638 | 13,493 |
Tier 1 Capital | 10,638 | 13,500 |
Tier 2 Capital | 414 | 1,028 |
Total Capital | 11,052 | 14,555 |
Total Risk Weighted Assets | 56,157 | 92,476 |
Leverage Ratio | 11.43 | 10.243 |
Common Equity Tier 1 Capital Ratio | 18.94 | 15.552 |
Tier 1 Capital Ratio | 18.94 | 15.564 |
Total Capital Ratio | 19.68 | 16.668 |
Timeline for State Bank Of Park Rapids
Northview Bank
State Bank Of Park Rapids was acquired by Northview Bank 8 years
View Profile Jun 06 2015Hubbard Bancshares, Inc.
Hubbard Bancshares, Inc. became a new parent organization for State Bank Of Park Rapids.
View Profile May 01 1980State Bank Of Park Rapids
State Bank Of Park Rapids was established 121 years ago and is currently headquartered in Park Rapids, MN.
Jun 02 1902Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Northview Bank | Buyer | 322,940 | Acquisition | Discontinued | 6/6/2015 |
Relationships | Role | Relationship Start | Relationship End |
Hubbard Bancshares, Inc. | Parent | 12/17/1997 | 6/5/2015 |
Hubbard Bancshares, Inc. | Parent | 6/28/1991 | 12/16/1997 |
Hubbard Bancshares, Inc. | Parent | 12/31/1989 | 6/27/1991 |
Hubbard Bancshares, Inc. | Parent | 5/1/1980 | 12/30/1989 |
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