Community Bank, Austin in city_name, state_name - Detailed Financial Reports, Location

Community Bank, Austin in Austin, Minnesota (MN)
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Community Bank, Austin routing number info

Community Bank, Austin - Overview

General
FDIC Certificate #: 57801
Status: Active
Federal Reserve ID: 3259171
Bank Holding Company (Regulatory Top Holder): Community National Bancorporation (RSSDID: 2576965, Location: Waterloo, IA)
Date Established: June 04, 2004
WWW: http://www.cnb1.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 425725
Numeric code: 13
Regulator: FED
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 04, 2004
Last Structure Change Effective Date: September 21, 2007
Last Structure Change Process Date: October 01, 2007
Last Data Update: October 01, 2007
Data Source Date: April 05, 2012
Location
Address: 805 North Main Street, Austin, MN 55912
County: Mower
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
Core Based Statistical Area (CBSA): Austin, MN (#12380)
CBSA Micro Statistical Area: Yes
History of Changes
Office Purchased
Financial Summary
Total assets: $38.0 mil
Equity capital: $4.3 mil
Deposits held in domestic offices: $32.2 mil
Return on assets (ROA): 3.68% ($1.4 mil)
Quarterly return on assets: 14.13% ($5.4 mil)
Return on Equity (ROE): 45.39% ($1.8 mil)
Quarterly return on equity: 146.15% ($5.8 mil)
Net income: $1.3 mil
Quarterly Net income: $1.3 mil
Pretax return on assets: -0.08% (-$30.4 mil)
Quarterly Pretax return on assets: -0.32% (-$121.7 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)
$38,027Total assets
$2,251Cash and due from depository institutions
$89Interest-bearing balances
$3,284Securities
$0Federal funds sold & reverse repurchase agreements
$28,902Net loans & leases
$426Loan loss allowance
$0Trading account assets
$1,718Bank premises and fixed assets
$223Other real estate owned
$0Goodwill and other intangibles
$38,027Life insurance assets
$1,649All other assets
$33,771Total liabilities and capital
$32,240Total liabilities
$27,534Total deposits
$32,240Interest-bearing deposits
$99Deposits held in domestic offices
1000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$450Trading liabilities
$0Other borrowed funds
$81Subordinated debt
$4,256All other liabilities
$4,256Total equity capital
$4,256Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$6,250Surplus
$-3,994Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9Income earned, not collected on loans
$0Earning assets
$117Long-term assets (5+ years)
$32,275Average Assets, year-to-date
$5,182Average Assets, quarterly
$35,771Volatile liabilities
$37,228Insider loans
$29,115FHLB advances
$34,781Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,995Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,403Restructured Loans and leases
$4,258Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,730Total interest income
$176Total interest expense
$1,554Net interest income
$180Provision for loan and lease losses
$188Total noninterest income
$0Fiduciary activities
$202Service charges on deposit accounts
$0Trading account gains & fees
-$14Additional noninterest income
$1,591Total noninterest expense
$611Salaries and employee benefits
$179Premises and equipment expense
$801Additional noninterest expense
-$29Pre-tax net operating income
$0Securities gains (losses)
-$1,345Applicable income taxes
$1,316Income before extraordinary items
$0Extraordinary gains - net
$1,316Net income attributable to bank
$0Net charge-offs
$1,316Cash dividends
$155Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.78%Yield on earning assets
0.59%Cost of funding earning assets
5.19%Net interest margin
0.63%Noninterest income to earning assets
5.31%Noninterest expense to earning assets
3.68%Net operating income to assets
3.68%Return on assets (ROA)
-0.08%Pretax return on assets
45.39%Return on equity (ROE)
45.39%Retained earnings to average equity (YTD only)
0.60%Net charge-offs to loans
116.13%Credit loss provision to net charge-offs
0.97%Efficiency ratio
91,332Assets per employee
3.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
4733.33%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
0.03%Net loans and leases to deposits
89.65%Net loans and leases to core deposits
90.51%Equity capital to assets
11.19%Core capital (leverage) ratio
8.61%Tier 1 risk-based capital ratio
10.29%Total risk-based capital ratio
Memoranda
$11Average assets
$35,771Average earning assets
$2,899Average equity
$29,948Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	425725	Community Bank, Austin	805 North Main Street, Austin, MN 55912	June 04, 2004	Full Service Brick and Mortar
4	478517	North Office Branch	900 18th Ave Nw, Austin, MN 55912	July 01, 2007	Full Service Brick and Mortar

Community Bank, Austin in Austin, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community Bank, Austin - 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:

Community Bank, Austin in Austin, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Community Bank, Austin - 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:

Community Bank, Austin in Austin, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches