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

Community National Bank in Derby, Vermont (VT)
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Community National Bank routing number info

Community National Bank - Overview

General
FDIC Certificate #: 6271
Status: Active
Federal Reserve ID: 270504
Bank Holding Company (Regulatory Top Holder): Community Bancorp (RSSDID: 1115040, Location: Derby, VT)
Date Established: January 15, 1851
WWW: http://www.communitynationalbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 15 (Domestic: 15, Interstate: No)
OTS Docket #: 9996
FDIC's unique #: 4235
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 02, 2010
Last Structure Change Process Date: June 02, 2010
Last Data Update: June 02, 2010
Data Source Date: April 05, 2012
Location
Address: 4811 U.S. Route 5, Derby, VT 5829
County: Orleans
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Springfield Ma
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
History of Changes
Change in Location
Financial Summary
Total assets: $552.1 mil
Equity capital: $53.2 mil
Deposits held in domestic offices: $454.6 mil
Return on assets (ROA): 0.82% ($4.5 mil)
Quarterly return on assets: 0.82% ($4.5 mil)
Return on Equity (ROE): 8.40% ($4.5 mil)
Quarterly return on equity: 8.57% ($4.5 mil)
Net income: $4.4 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 0.94% ($5,189.8 mil)
Quarterly Pretax return on assets: 0.82% ($4,527.2 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
147Total employees (full-time equivalent)
$552,102Total assets
$23,465Cash and due from depository institutions
$12,706Interest-bearing balances
$95,801Securities
$0Federal funds sold & reverse repurchase agreements
$384,792Net loans & leases
$3,887Loan loss allowance
$0Trading account assets
$12,715Bank premises and fixed assets
$90Other real estate owned
$14,376Goodwill and other intangibles
$552,102Life insurance assets
$20,863All other assets
$498,875Total liabilities and capital
$454,590Total liabilities
$391,647Total deposits
$454,590Interest-bearing deposits
$83Deposits held in domestic offices
21645.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$18,843Trading liabilities
$0Other borrowed funds
$3,797Subordinated debt
$53,227All other liabilities
$53,227Total equity capital
$53,227Total bank equity capital
$0Perpetual preferred stock
$350Common stock
$19,254Surplus
$33,623Undivided profits
Memoranda
$0Noncurrent loans and leases
$2,285Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,195Income earned, not collected on loans
$2,989Earning assets
$1,701Long-term assets (5+ years)
$493,299Average Assets, year-to-date
$111,235Average Assets, quarterly
$538,450Volatile liabilities
$551,058Insider loans
$369,951FHLB advances
$548,376Loans and leases held for sale
$4,063Unused loan commitments
$2,878Tier 1 (core) risk-based capital
$41,830Tier 2 risk-based capital
$0Total risk weighted assets
$1,185Total unused commitments
$57,451Restructured Loans and leases
$7,848Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$22,715Total interest income
$4,622Total interest expense
$18,093Net interest income
$1,000Provision for loan and lease losses
$5,196Total noninterest income
$0Fiduciary activities
$2,340Service charges on deposit accounts
$0Trading account gains & fees
$2,856Additional noninterest income
$17,245Total noninterest expense
$8,012Salaries and employee benefits
$3,068Premises and equipment expense
$6,165Additional noninterest expense
$5,044Pre-tax net operating income
$0Securities gains (losses)
$651Applicable income taxes
$4,393Income before extraordinary items
$0Extraordinary gains - net
$4,393Net income attributable to bank
$0Net charge-offs
$4,393Cash dividends
$841Sale, conversion, retirement of capital stock, net
$2,660Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.72%Yield on earning assets
0.96%Cost of funding earning assets
3.76%Net interest margin
1.08%Noninterest income to earning assets
3.58%Noninterest expense to earning assets
0.82%Net operating income to assets
0.82%Return on assets (ROA)
0.94%Pretax return on assets
8.40%Return on equity (ROE)
3.32%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
118.91%Credit loss provision to net charge-offs
7.19%Efficiency ratio
72,219Assets per employee
3.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.55%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
42.27%Noncurrent assets plus other real estate owned to assets
1.68%Noncurrent loans to loans
2.37%Net loans and leases to deposits
84.65%Net loans and leases to core deposits
88.78%Equity capital to assets
9.64%Core capital (leverage) ratio
7.63%Tier 1 risk-based capital ratio
11.31%Total risk-based capital ratio
Memoranda
$12Average assets
$538,450Average earning assets
$52,273Average equity
$481,408Average loans

Total Fiduciary and Related Assets (December 31, 2001)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$58,643Managed Assets
1Number of Accounts
$45,192Personal trust and agency accounts
$27,543Employee benefit-defined contribution accounts
$223Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,462Corporate trust and agency accounts
$0Investment management agency accounts
$15,964Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
164Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$13,451Other retirement accounts
$9,188Corporate trust and agency accounts
$0Other fiduciary accounts
$4,263Fiduciary accounts held in foreign offices

List of branches

15 Vermont Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4235	Community National Bank	4811 U.S. Route 5, Derby, VT 5829	January 15, 1851	Full Service Brick and Mortar
1	209226	Derby Line Branch	69 Main Street, Derby Line, VT 5830	July 01, 1970	Full Service Brick and Mortar
3	6410	Island Pond Branch	23 Route 105 E. Brighton Rd, Island Pond, VT 5846	January 01, 1890	Full Service Brick and Mortar
4	209228	Barton Branch	103 Church Street, Suite A, Barton, VT 5822	January 12, 1981	Full Service Brick and Mortar
5	209229	Newport Branch	266 Main Street, Newport, VT 5855	January 12, 1985	Full Service Brick and Mortar
6	209230	Troy Branch	4245 Vt Rte 101, Troy, VT 5868	September 08, 1986	Full Service Brick and Mortar
7	209231	St. Johnsbury Branch	Interstate 91 Access And Route 5, St. Johnsbury, VT 5819	June 20, 1995	Full Service Brick and Mortar
8	360882	Montpelier Branch	95-97 State Street, Montpelier, VT 5602	May 29, 2001	Full Service Brick and Mortar
10	432620	Barre Branch	316 North Main Street, Barre, VT 5641	December 08, 2003	Full Service Brick and Mortar
11	8839	Lyndonbank Branch	98 Broad, Lyndonville, VT 5851	December 27, 1922	Full Service Brick and Mortar
12	231090	Drive-In Branch	467 Broad Street, Lyndonville, VT 5851	December 07, 1972	Full Service Brick and Mortar
14	231092	St. Johnsburry Branch	40 Railroad Street, St. Johnsbury, VT 5819	April 12, 1996	Full Service Brick and Mortar
15	231093	Enosburg Falls Branch	Vermont Route 105 And Water Tower Road, Enosburg Falls, VT 5450	September 11, 1997	Full Service Brick and Mortar
17	458840	Morrisville Branch	116 Vermont Route 15 West, Morrisville, VT 5661	Febuary 05, 2007	Full Service Brick and Mortar
18	458851	Messenger Service Branch	98 Broad, Lyndonville, VT 5851	January 23, 2006	Limited Service Messenger

Community National Bank in Derby, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2001)

List of branches

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

Community National Bank in Derby, Vermont (VT)Overview, Financial Summary, Detailed Financial Reports, Branches

Community National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2001)

List of branches

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

Community National Bank in Derby, Vermont (VT)
Overview, Financial Summary, Detailed Financial Reports, Branches