S.B.E. CORP. Financial Reports

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S.B.E. CORP.

Institution Profile

Year Opened :

1984

Institution Type :

Holding Company

Reserve District :

Minneapolis

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

External Auditor :

Schneider, Larche, Happala and Company, PLLC

Related Bank / Thrift	Assets	Asset Concentration
Upper Peninsula State Bank	328,076	Commercial Lending Specialization

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	43,213	Total Operating Income	1,618
Total Liabilities	0	Total Operating Expenses	20
Total Equity Capital	43,213	Equity in Undistributed Income	1,857
		Net income (loss)	3,455

Miscellaneous
Cash Dividends Declared by Bank Holding Company	1,389
Total Consolidated Assets of Bank Holding Company	330,123

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury