First State Bank of Claremont, Financial Information

About First State Bank of Claremont

 Address:
7 East Highway 12
Groton, SD
Brown County, South Dakota
 Established:
Jan 1903
 Number of domestic offices:
4
Agriculture bank
Total assets$54M
Net income$1M
Net income, quarterly$0M
Total deposits$47M
Domestic deposits$47M
Equity capital$7M
ROA1.28%
ROAQ, quarterly1.43%
ROA, pretax1.43%
ROAQ, quarterly, pretax1.5%
ROE10.19%
ROEQ, quarterly11.5%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First State Bank of Claremont is a community bank that provides primary financial services to customers. It is a full-service financial institution that specializes in providing a variety of personal and business banking products and services.

It offers savings bonds, certificates of deposits, and debit and credit cards. First State Bank of Claremont provides cash management and investment planning services. The bank also offers a variety of personal and business savings and checking accounts. It provides asset management, notary and wire transfer services. It also offers several loans and home equity options. In addition, it provides online banking and bill payment services.