North Country Bank, National Association in city_name, state_name

North Country Bank, National Association in Mcclusky, North Dakota (ND)
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North Country Bank, National Association routing number info

North Country Bank, National Association - Overview

General
FDIC Certificate #: 3947
Status: Active
Federal Reserve ID: 942959
Bank Holding Company (Regulatory Top Holder): Davis Bancshares, Inc (RSSDID: 2339469, Location: Mcclusky, ND)
Date Established: Febuary 01, 1907
WWW: http://www.northcountrybanknd.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 2572
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 02, 2006
Last Structure Change Process Date: December 21, 2006
Last Data Update: December 21, 2006
Data Source Date: April 05, 2012
Location
Address: 217 Main Street, Mcclusky, ND 58463
County: Sheridan
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of Changes
Change in Location
Financial Summary
Total assets: $63.2 mil
Equity capital: $6.8 mil
Deposits held in domestic offices: $55.4 mil
Return on assets (ROA): 1.11% ($0.7 mil)
Quarterly return on assets: 1.01% ($0.6 mil)
Return on Equity (ROE): 10.20% ($0.7 mil)
Quarterly return on equity: 9.05% ($0.6 mil)
Net income: $0.7 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.18% ($746.2 mil)
Quarterly Pretax return on assets: 1.06% ($670.4 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
14Total employees (full-time equivalent)
$63,241Total assets
$5,904Cash and due from depository institutions
$604Interest-bearing balances
$16,637Securities
$4,400Federal funds sold & reverse repurchase agreements
$33,867Net loans & leases
$404Loan loss allowance
$0Trading account assets
$644Bank premises and fixed assets
$0Other real estate owned
$71Goodwill and other intangibles
$63,241Life insurance assets
$1,718All other assets
$56,455Total liabilities and capital
$55,388Total liabilities
$40,349Total deposits
$55,388Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$800Trading liabilities
$0Other borrowed funds
$267Subordinated debt
$6,786All other liabilities
$6,786Total equity capital
$6,786Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,428Surplus
$4,258Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$104Income earned, not collected on loans
$0Earning assets
$609Long-term assets (5+ years)
$55,508Average Assets, year-to-date
$17,854Average Assets, quarterly
$59,418Volatile liabilities
$60,149Insider loans
$40,949FHLB advances
$58,881Loans and leases held for sale
$671Unused loan commitments
$671Tier 1 (core) risk-based capital
$6,190Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,505Restructured Loans and leases
$88Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,373Total interest income
$367Total interest expense
$2,006Net interest income
$33Provision for loan and lease losses
$244Total noninterest income
$0Fiduciary activities
$135Service charges on deposit accounts
$0Trading account gains & fees
$109Additional noninterest income
$1,516Total noninterest expense
$868Salaries and employee benefits
$285Premises and equipment expense
$363Additional noninterest expense
$701Pre-tax net operating income
$0Securities gains (losses)
$44Applicable income taxes
$657Income before extraordinary items
$0Extraordinary gains - net
$657Net income attributable to bank
$0Net charge-offs
$657Cash dividends
$5Sale, conversion, retirement of capital stock, net
$554Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.42%Yield on earning assets
0.68%Cost of funding earning assets
3.74%Net interest margin
0.45%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
1.11%Net operating income to assets
1.11%Return on assets (ROA)
1.18%Pretax return on assets
10.20%Return on equity (ROE)
1.60%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
660.00%Credit loss provision to net charge-offs
146.80%Efficiency ratio
67,378Assets per employee
4.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.32%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
388.46%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.30%Net loans and leases to deposits
61.15%Net loans and leases to core deposits
61.91%Equity capital to assets
10.73%Core capital (leverage) ratio
10.51%Tier 1 risk-based capital ratio
15.12%Total risk-based capital ratio
Memoranda
$16Average assets
$59,418Average earning assets
$6,440Average equity
$53,684Average loans

List of branches

5 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	2572	North Country Bank, National Association	217 Main Street, Mcclusky, ND 58463	Febuary 01, 1907	Full Service Brick and Mortar
1	202176	Mercer Branch	109 Main Street, Mercer, ND 58559	October 24, 1967	Limited Service Facility
2	426748	Goodrich Branch	101 Clark Avenue, Goodrich, ND 58444	March 01, 2004	Full Service Brick and Mortar
3	8079	First Security Bank, Underwood Branch	308 Lincoln Avenue, Underwood, ND 58576	January 01, 1903	Full Service Brick and Mortar
4	227851	Paying And Receiveing	302 2nd Street, Riverdale, ND 58565	August 31, 1987	Limited Service Facility

North Country Bank, National Association in Mcclusky, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

North Country Bank, National Association - 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:

North Country Bank, National Association in Mcclusky, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

North Country Bank, National Association - 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:

North Country Bank, National Association in Mcclusky, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches