Community Bank in Avon, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community Bank - Overview

  • General
  • FDIC Certificate #: 1687
    Status: Active
    Federal Reserve ID: 276953
    Date Established: January 01, 1914
    WWW: http://www.commbank@gwtc.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 1110
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 27, 2010
    Last Structure Change Process Date: May 27, 2010
    Last Data Update: May 27, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 118 N Main St, Avon, SD 57315
    County: Bon Homme
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $45.9 mil
    Equity capital: $8.0 mil
    Deposits held in domestic offices: $37.0 mil
    Return on assets (ROA): 1.03% ($0.5 mil)
    Quarterly return on assets: 0.73% ($0.3 mil)
    Return on Equity (ROE): 6.18% ($0.5 mil)
    Quarterly return on equity: 4.28% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.26% ($578.1 mil)
    Quarterly Pretax return on assets: 0.83% ($380.8 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
  • 9Total employees (full-time equivalent)
  • $45,877Total assets
  • $1,767Cash and due from depository institutions
  • $999Interest-bearing balances
  • $28,203Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $14,746Net loans & leases
  • $173Loan loss allowance
  • $0Trading account assets
  • $162Bank premises and fixed assets
  • $40Other real estate owned
  • $0Goodwill and other intangibles
  • $45,877Life insurance assets
  • $959All other assets
  • $37,841Total liabilities and capital
  • $36,974Total liabilities
  • $29,424Total deposits
  • $36,974Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $60Trading liabilities
  • $0Other borrowed funds
  • $807Subordinated debt
  • $8,036All other liabilities
  • $8,036Total equity capital
  • $8,036Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $925Surplus
  • $7,036Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $79Income earned, not collected on loans
  • $0Earning assets
  • $609Long-term assets (5+ years)
  • $43,948Average Assets, year-to-date
  • $19,994Average Assets, quarterly
  • $44,158Volatile liabilities
  • $46,406Insider loans
  • $20,185FHLB advances
  • $45,621Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,139Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $541Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,875Total interest income
  • $302Total interest expense
  • $1,573Net interest income
  • $0Provision for loan and lease losses
  • $13Total noninterest income
  • $0Fiduciary activities
  • $9Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4Additional noninterest income
  • $1,032Total noninterest expense
  • $637Salaries and employee benefits
  • $62Premises and equipment expense
  • $333Additional noninterest expense
  • $554Pre-tax net operating income
  • $2Securities gains (losses)
  • $99Applicable income taxes
  • $457Income before extraordinary items
  • $0Extraordinary gains - net
  • $457Net income attributable to bank
  • $0Net charge-offs
  • $457Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.43%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 2.44%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 6.18%Return on equity (ROE)
  • 5.37%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 14.58%Efficiency ratio
  • 65,069Assets per employee
  • 5.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 13.13%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 218.99%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 39.88%Net loans and leases to core deposits
  • 41.68%Equity capital to assets
  • 17.52%Core capital (leverage) ratio
  • 15.65%Tier 1 risk-based capital ratio
  • 35.37%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $44,158Average earning assets
  • $7,391Average equity
  • $42,281Average loans

List of branches

  • 1 South Dakota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01110Community Bank118 N Main St, Avon, SD 57315January 01, 1914Full Service Brick and Mortar

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