FDIC Certificate #: 57468 Status: Active Federal Reserve ID: 3139321 Bank Holding Company (Regulatory Top Holder): Community Financial Corporation (RSSDID: 3139312, Location: Owatonna, MN) Date Established: January 13, 2003 WWW:http://www.cbowatonna.com 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 #: 363965 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: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 13, 2003 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: 640 Bridge Street, Owatonna, MN 55060 County: Steele 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): Owatonna, MN (#36940) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $52.5 mil Equity capital: $5.0 mil Deposits held in domestic offices: $47.0 mil Return on assets (ROA): 0.51% ($0.3 mil) Quarterly return on assets: 0.01% ($0.0 mil) Return on Equity (ROE): 5.60% ($0.3 mil) Quarterly return on equity: 0.16% ($0.0 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.78% ($409.5 mil) Quarterly Pretax return on assets: 0.16% ($84.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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)
$52,506Total assets
$1,510Cash and due from depository institutions
$0Interest-bearing balances
$15,746Securities
$469Federal funds sold & reverse repurchase agreements
$32,536Net loans & leases
$374Loan loss allowance
$0Trading account assets
$182Bank premises and fixed assets
$309Other real estate owned
$0Goodwill and other intangibles
$52,506Life insurance assets
$1,754All other assets
$47,510Total liabilities and capital
$46,976Total liabilities
$40,468Total deposits
$46,976Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$534Subordinated debt
$4,996All other liabilities
$4,996Total equity capital
$4,996Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$3,347Surplus
$649Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$92Income earned, not collected on loans
$0Earning assets
$294Long-term assets (5+ years)
$48,751Average Assets, year-to-date
$19,506Average Assets, quarterly
$53,915Volatile liabilities
$53,593Insider loans
$34,274FHLB advances
$53,100Loans and leases held for sale
$1,270Unused loan commitments
$1,270Tier 1 (core) risk-based capital
$4,888Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,874Restructured Loans and leases
$1,513Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,739Total interest income
$748Total interest expense
$1,991Net interest income
$328Provision for loan and lease losses
$184Total noninterest income
$0Fiduciary activities
$109Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$1,474Total noninterest expense
$736Salaries and employee benefits
$249Premises and equipment expense
$489Additional noninterest expense
$373Pre-tax net operating income
$49Securities gains (losses)
$146Applicable income taxes
$276Income before extraordinary items
$0Extraordinary gains - net
$276Net income attributable to bank
$0Net charge-offs
$276Cash dividends
$428Sale, conversion, retirement of capital stock, net
$170Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.50%Yield on earning assets
1.50%Cost of funding earning assets
4.00%Net interest margin
0.37%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.45%Net operating income to assets
0.51%Return on assets (ROA)
0.78%Pretax return on assets
5.60%Return on equity (ROE)
2.15%Retained earnings to average equity (YTD only)
1.21%Net charge-offs to loans
76.64%Credit loss provision to net charge-offs
1.64%Efficiency ratio
67,770Assets per employee
5.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.59%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
406.52%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
0.28%Net loans and leases to deposits
69.26%Net loans and leases to core deposits
76.74%Equity capital to assets
9.52%Core capital (leverage) ratio
9.21%Tier 1 risk-based capital ratio
14.26%Total risk-based capital ratio
Memoranda
$15Average assets
$53,915Average earning assets
$4,927Average equity
$49,776Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
363965
Community Bank Owatonna
640 Bridge Street, Owatonna, MN 55060
January 13, 2003
Full Service Brick and Mortar
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