CenBank in city_name, state_name - Detailed Financial Reports, Location

CenBank in Buffalo Lake, Minnesota (MN)
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CenBank routing number info

CenBank - Overview

General
FDIC Certificate #: 8848
Status: Active
Federal Reserve ID: 308256
Bank Holding Company (Regulatory Top Holder): Central Trust Company (RSSDID: 1020920, Location: Edina, MN)
Date Established: January 01, 1893
WWW: http://www.cenbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5643
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 31, 2007
Last Structure Change Process Date: Febuary 05, 2007
Last Data Update: Febuary 05, 2007
Data Source Date: April 05, 2012
Location
Address: 109 West Yellowstone Trail, Buffalo Lake, MN 55314
County: Renville
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Mankato
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $53.1 mil
Equity capital: $3.6 mil
Deposits held in domestic offices: $49.3 mil
Return on assets (ROA): 0.79% ($0.4 mil)
Quarterly return on assets: 0.49% ($0.3 mil)
Return on Equity (ROE): 11.68% ($0.5 mil)
Quarterly return on equity: 6.89% ($0.3 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.79% ($419.8 mil)
Quarterly Pretax return on assets: 0.49% ($260.4 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
12Total employees (full-time equivalent)
$53,135Total assets
$4,498Cash and due from depository institutions
$4,139Interest-bearing balances
$18,779Securities
$500Federal funds sold & reverse repurchase agreements
$28,247Net loans & leases
$222Loan loss allowance
$0Trading account assets
$359Bank premises and fixed assets
$70Other real estate owned
$0Goodwill and other intangibles
$53,135Life insurance assets
$682All other assets
$49,492Total liabilities and capital
$49,338Total liabilities
$40,121Total deposits
$49,338Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$154Subordinated debt
$3,643All other liabilities
$3,643Total equity capital
$3,643Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$2,300Surplus
$1,143Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$21Income earned, not collected on loans
$0Earning assets
$435Long-term assets (5+ years)
$51,665Average Assets, year-to-date
$15,924Average Assets, quarterly
$48,185Volatile liabilities
$50,527Insider loans
$32,007FHLB advances
$49,564Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,595Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,052Restructured Loans and leases
$841Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,995Total interest income
$349Total interest expense
$1,646Net interest income
$35Provision for loan and lease losses
$138Total noninterest income
$0Fiduciary activities
$73Service charges on deposit accounts
$0Trading account gains & fees
$65Additional noninterest income
$1,367Total noninterest expense
$648Salaries and employee benefits
$173Premises and equipment expense
$546Additional noninterest expense
$382Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$382Income before extraordinary items
$0Extraordinary gains - net
$382Net income attributable to bank
$0Net charge-offs
$382Cash dividends
$76Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.30%Yield on earning assets
0.75%Cost of funding earning assets
3.55%Net interest margin
0.30%Noninterest income to earning assets
2.95%Noninterest expense to earning assets
0.79%Net operating income to assets
0.79%Return on assets (ROA)
0.79%Pretax return on assets
11.68%Return on equity (ROE)
11.68%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
46.05%Credit loss provision to net charge-offs
5.49%Efficiency ratio
76,626Assets per employee
4.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.78%Loss allowance to noncurrent loans
1057.14%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.07%Net loans and leases to deposits
57.25%Net loans and leases to core deposits
57.94%Equity capital to assets
6.86%Core capital (leverage) ratio
7.25%Tier 1 risk-based capital ratio
11.23%Total risk-based capital ratio
Memoranda
$12Average assets
$48,185Average earning assets
$3,272Average equity
$46,405Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	5643	Cenbank	109 West Yellowstone Trail, Buffalo Lake, MN 55314	January 01, 1893	Full Service Brick and Mortar
1	11639	Ortonville Branch	113 N.W. First Street, Ortonville, MN 56278	January 31, 1955	Full Service Brick and Mortar

CenBank in Buffalo Lake, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

CenBank - 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:

CenBank in Buffalo Lake, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

CenBank - 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:

CenBank in Buffalo Lake, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches