Cambridge State Bank in city_name, state_name - Detailed Financial Reports, Location

Cambridge State Bank in Cambridge, Minnesota (MN)
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Cambridge State Bank routing number info

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Cambridge State Bank - Overview

General
FDIC Certificate #: 10987
Status: Active
Federal Reserve ID: 338851
Date Established: Febuary 19, 1914
WWW: http://www.cambridgestatebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 7039
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 127 South Main, Cambridge, MN 55008
County: Isanti
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $74.1 mil
Equity capital: $8.6 mil
Deposits held in domestic offices: $62.0 mil
Return on assets (ROA): 0.10% ($0.1 mil)
Quarterly return on assets: -1.07% (-$0.8 mil)
Return on Equity (ROE): 0.90% ($0.1 mil)
Quarterly return on equity: -9.21% (-$0.8 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 0.10% ($74.1 mil)
Quarterly Pretax return on assets: -1.07% (-$793.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
17Total employees (full-time equivalent)
$74,143Total assets
$1,707Cash and due from depository institutions
$266Interest-bearing balances
$11,295Securities
$3,000Federal funds sold & reverse repurchase agreements
$52,933Net loans & leases
$1,425Loan loss allowance
$0Trading account assets
$1,763Bank premises and fixed assets
$2,685Other real estate owned
$0Goodwill and other intangibles
$74,143Life insurance assets
$760All other assets
$65,587Total liabilities and capital
$61,981Total liabilities
$55,370Total deposits
$61,981Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,425Trading liabilities
$0Other borrowed funds
$181Subordinated debt
$8,556All other liabilities
$8,556Total equity capital
$8,556Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$6,850Surplus
$1,556Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,281Income earned, not collected on loans
$270Earning assets
$261Long-term assets (5+ years)
$67,494Average Assets, year-to-date
$11,423Average Assets, quarterly
$78,262Volatile liabilities
$74,483Insider loans
$54,343FHLB advances
$74,725Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,285Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,350Restructured Loans and leases
$1,167Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,715Total interest income
$617Total interest expense
$3,098Net interest income
$717Provision for loan and lease losses
$228Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$157Additional noninterest income
$2,578Total noninterest expense
$1,342Salaries and employee benefits
$302Premises and equipment expense
$934Additional noninterest expense
$31Pre-tax net operating income
$46Securities gains (losses)
$0Applicable income taxes
$77Income before extraordinary items
$0Extraordinary gains - net
$77Net income attributable to bank
$0Net charge-offs
$77Cash dividends
$677Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.17%Yield on earning assets
0.86%Cost of funding earning assets
4.32%Net interest margin
0.32%Noninterest income to earning assets
3.59%Noninterest expense to earning assets
0.04%Net operating income to assets
0.10%Return on assets (ROA)
0.10%Pretax return on assets
0.90%Return on equity (ROE)
0.90%Retained earnings to average equity (YTD only)
1.18%Net charge-offs to loans
105.91%Credit loss provision to net charge-offs
1.10%Efficiency ratio
77,511Assets per employee
4.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.62%Loss allowance to noncurrent loans
33.29%Noncurrent assets plus other real estate owned to assets
9.40%Noncurrent loans to loans
7.88%Net loans and leases to deposits
85.40%Net loans and leases to core deposits
92.21%Equity capital to assets
11.54%Core capital (leverage) ratio
11.09%Tier 1 risk-based capital ratio
15.25%Total risk-based capital ratio
Memoranda
$17Average assets
$78,262Average earning assets
$8,579Average equity
$71,793Average loans

List of branches

4 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7039	Cambridge State Bank	127 South Main, Cambridge, MN 55008	Febuary 19, 1914	Full Service Brick and Mortar
1	360238	The Meadows Of Riverhills Branch	1545 Riverhills Prkway, Cambridge, MN 55008	March 15, 2001	Full Service Brick and Mortar
2	360239	Mill Ridge Commons Branch	235 North Fern, Cambridge, MN 55008	March 20, 2001	Full Service Brick and Mortar
3	419738	East Office Branch	127 South Xylite St. N.E., Cambridge, MN 55008	September 16, 2002	Full Service Brick and Mortar

Cambridge State Bank in Cambridge, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Cambridge State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Cambridge State Bank in Cambridge, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Cambridge State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Cambridge State Bank in Cambridge, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches