FDIC Certificate #: 58552 Status: Active Federal Reserve ID: 3557895 Bank Holding Company (Regulatory Top Holder): Hayward Bancshares, Inc. (RSSDID: 1863659, Location: Eau Claire, WI) Date Established: May 07, 2007 WWW:http://www.scbnet.net Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 456195 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: May 07, 2007 Last Structure Change Effective Date: May 07, 2007 Last Structure Change Process Date: May 08, 2007 Last Data Update: May 08, 2007 Data Source Date: April 05, 2012
Location
Address: 1275 East County Road D, Maplewood, MN 55109 County: Ramsey Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Chicago FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120) Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378) Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460) CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
New Institution
Financial Summary
Total assets: $61.9 mil Equity capital: $9.7 mil Deposits held in domestic offices: $49.1 mil Return on assets (ROA): 1.22% ($0.8 mil) Quarterly return on assets: 1.81% ($1.1 mil) Return on Equity (ROE): 8.90% ($0.9 mil) Quarterly return on equity: 11.90% ($1.2 mil) Net income: $0.8 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.22% ($755.7 mil) Quarterly Pretax return on assets: 1.81% ($1,121.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$61,940Total assets
$9,874Cash and due from depository institutions
$9,056Interest-bearing balances
$6,530Securities
$0Federal funds sold & reverse repurchase agreements
$41,449Net loans & leases
$741Loan loss allowance
$0Trading account assets
$133Bank premises and fixed assets
$540Other real estate owned
$0Goodwill and other intangibles
$61,940Life insurance assets
$3,414All other assets
$52,261Total liabilities and capital
$49,121Total liabilities
$41,059Total deposits
$49,121Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,000Trading liabilities
$0Other borrowed funds
$140Subordinated debt
$9,679All other liabilities
$9,679Total equity capital
$9,679Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$7,000Surplus
$2,179Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$890Income earned, not collected on loans
$0Earning assets
$216Long-term assets (5+ years)
$57,035Average Assets, year-to-date
$9,578Average Assets, quarterly
$65,559Volatile liabilities
$62,383Insider loans
$43,469FHLB advances
$62,564Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,194Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,418Restructured Loans and leases
$20Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,089Total interest income
$602Total interest expense
$2,487Net interest income
$250Provision for loan and lease losses
$39Total noninterest income
$0Fiduciary activities
$55Service charges on deposit accounts
$0Trading account gains & fees
-$16Additional noninterest income
$1,478Total noninterest expense
$692Salaries and employee benefits
$156Premises and equipment expense
$630Additional noninterest expense
$798Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$798Income before extraordinary items
$0Extraordinary gains - net
$798Net income attributable to bank
$0Net charge-offs
$798Cash dividends
$333Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.13%Yield on earning assets
1.00%Cost of funding earning assets
4.13%Net interest margin
0.06%Noninterest income to earning assets
2.46%Noninterest expense to earning assets
1.22%Net operating income to assets
1.22%Return on assets (ROA)
1.22%Pretax return on assets
8.90%Return on equity (ROE)
8.90%Retained earnings to average equity (YTD only)
0.78%Net charge-offs to loans
75.08%Credit loss provision to net charge-offs
3.15%Efficiency ratio
58,511Assets per employee
7.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
83.26%Noncurrent assets plus other real estate owned to assets
2.31%Noncurrent loans to loans
2.11%Net loans and leases to deposits
84.38%Net loans and leases to core deposits
92.48%Equity capital to assets
15.63%Core capital (leverage) ratio
14.70%Tier 1 risk-based capital ratio
21.15%Total risk-based capital ratio
Memoranda
$22Average assets
$65,559Average earning assets
$8,961Average equity
$60,198Average loans
List of branches
1 Minnesota Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
456195
Summit Community Bank
1275 East County Road D, Maplewood, MN 55109
May 07, 2007
Full Service Brick and Mortar
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