State Bank Of West Fargo
West Fargo, ND — Domestic Branch of a Domestic Bank
Acquired Sep 2003
Vitals
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Total Assets105.9M
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Total Deposits97.0M
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Total Net Loans74.7M
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Net Income443000.0000
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Book Value8.1M
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Book Value x216.1M
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Book Value x324.2M
Balance Sheet Highlights
Financial Highlights | State Bank Of West Fargo | All Insured Commercial Banks in North Dakota |
Balance Sheet $(000) | ||
Total Assets | 105,883 | 82,140 |
Total Net Loans | 74,668 | 53,716 |
Total Deposits | 96,970 | 64,586 |
Total Equity | 8,057 | 8,227 |
Profitability | ||
Net Income | 443 | 513 |
Return on Average Assets | .843 | 1.213 |
Return on Average Equity | 10.303 | 11.755 |
Net Interest Margin | 3.544 | 4.191 |
Efficiency Ratio | 64.691 | 61.536 |
Noninterest Income/Revenue | 5.332 | 10.725 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 77.001 | 74.721 |
Securities/Assets | .15 | .478 |
Total Equity/Total Assets | .076 | .1 |
Tangible Equity/Tangible Assets | .076 | .011 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 7,834 | 7,342 |
Tier 2 Capital | 781 | 713 |
Total Capital | 8,615 | 8,053 |
Total Risk Weighted Assets | 82,232 | 59,446 |
Leverage Ratio | 7.42 | 9.763 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.53 | 14.127 |
Total Capital Ratio | 10.48 | 15.365 |
Timeline for State Bank Of West Fargo
State Bankshares, Inc.
State Bankshares, Inc. became a new parent organization for State Bank Of West Fargo.
View Profile Jul 31 1989First West Fargo Holding Company
First West Fargo Holding Company became a new parent organization for State Bank Of West Fargo.
View Profile Sep 26 1978State Bank Of West Fargo
State Bank Of West Fargo was established 60 years ago and is currently headquartered in West Fargo, ND.
Mar 02 1964Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Bell Bank | Buyer | 3,993,362 | Pooling of Interests | Discontinued | 9/2/2003 |
Relationships | Role | Relationship Start | Relationship End |
State Bankshares, Inc. | Parent | 7/31/1989 | 9/1/2003 |
First West Fargo Holding Company | Parent | 12/31/1979 | 7/30/1989 |
First West Fargo Holding Company | Parent | 9/26/1978 | 12/30/1979 |
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