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SAFE & SOUND® STAR RATINGS

Financial statement

AMERICAN STATE BANK OF ERSKINE
201 VANCE AVENUE NORTH
ERSKINE, Minnesota 56535

STAR RATING: 4 starstarstarstar
Predictive Indicator neutral
As of December 31, 2012
Federal Reserve System Identifier 43454




Financial summary ($ in Thousands)
2012
12 months
2011
Year
2010
Year
Total Assets$24,369$25,092$21,001
Loans Receivable, Net11,00510,82111,328
Mortgage-Backed Securities551282382
Investments5,6275,2645,059
Deposits20,81521,69018,001
Borrowings000
Equity3,5433,3882,982
Net Interest Income777808794
Fee Income819588
Overhead706707713
Net Operating Income211243212
Net Income211243212
Ratio Analysis Profitability%%%
Return on Assets *0.871.031.00
Operating Return on Assets *0.871.031.00
Return on Equity *6.027.516.90
Net Interest Margin *3.403.714.00
Fee Income / Assets *0.330.400.42
Overhead / Assets *2.903.013.38
Efficiency Ratio76.5774.3475.29
Asset Quality%%%
Nonperforming Assets / Assets0.000.330.02
Nonperforming Assets / Equity & Loss Reserves0.002.310.16
Loss Reserves / Nonperforming Loansn/a1.891.82
1-4 Fam Mtg + MBS / Assets11.7211.2416.29
Commercial Real Estate Loans / Assets15.0213.0013.91
Construction Loans / Assets2.010.752.58
Commercial & Industrial Loans / Assets8.587.597.16
Consumer Loans / Assets3.623.304.66
Capitalization%%%
Equity / Assets14.5413.5014.20
Tangible Capital / Tangible Assets14.5413.5014.20
Risk-based Capital Ratio24.9227.2127.57
Liquidity%%%
Loans / Deposits52.8749.8962.93
Non-Interest Bearing Deposits / Deposits31.1730.4520.54
Purchased Liabilities1.133.524.18

* Calculations are based on the latest four quarters of income and expense.
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CDs Overnight Averages
Product Yield +/- Last week
6 month CD
0.41% 0.43%
1 yr CD
0.62% 0.63%
5 yr CD
1.22% 1.24%
1 yr jumbo CD
0.65% 0.65%
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