Unity Bank North in city_name, state_name - Detailed Financial Reports, Location

Unity Bank North in Red Lake Falls, Minnesota (MN)
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Unity Bank North routing number info

Unity Bank North - Overview

General
FDIC Certificate #: 8202
Status: Active
Federal Reserve ID: 732459
Bank Holding Company (Regulatory Top Holder): Caprice Corporation (RSSDID: 1123700, Location: Augusta, WI)
Date Established: January 01, 1929
WWW: http://www.unitybanking.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5228
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
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: 210 Main Street, Red Lake Falls, MN 56750
County: Red Lake
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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $75.0 mil
Equity capital: $7.7 mil
Deposits held in domestic offices: $66.4 mil
Return on assets (ROA): 1.30% ($1.0 mil)
Quarterly return on assets: 1.54% ($1.2 mil)
Return on Equity (ROE): 12.74% ($1.0 mil)
Quarterly return on equity: 14.80% ($1.2 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.30% ($974.4 mil)
Quarterly Pretax return on assets: 1.54% ($1,154.3 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
20Total employees (full-time equivalent)
$74,955Total assets
$10,505Cash and due from depository institutions
$6,426Interest-bearing balances
$8,028Securities
$2,130Federal funds sold & reverse repurchase agreements
$51,452Net loans & leases
$721Loan loss allowance
$0Trading account assets
$247Bank premises and fixed assets
$58Other real estate owned
$0Goodwill and other intangibles
$74,955Life insurance assets
$2,535All other assets
$67,225Total liabilities and capital
$66,390Total liabilities
$57,677Total deposits
$66,390Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$49Trading liabilities
$0Other borrowed funds
$786Subordinated debt
$7,730All other liabilities
$7,730Total equity capital
$7,730Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$4,800Surplus
$2,730Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$349Income earned, not collected on loans
$0Earning assets
$629Long-term assets (5+ years)
$68,036Average Assets, year-to-date
$3,029Average Assets, quarterly
$73,534Volatile liabilities
$73,561Insider loans
$51,234FHLB advances
$74,610Loans and leases held for sale
$1,414Unused loan commitments
$1,414Tier 1 (core) risk-based capital
$7,693Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,656Restructured Loans and leases
$1,843Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,452Total interest income
$553Total interest expense
$2,899Net interest income
$100Provision for loan and lease losses
$1,246Total noninterest income
$0Fiduciary activities
$178Service charges on deposit accounts
$0Trading account gains & fees
$1,068Additional noninterest income
$3,076Total noninterest expense
$1,669Salaries and employee benefits
$285Premises and equipment expense
$1,122Additional noninterest expense
$969Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$968Income before extraordinary items
-$10Extraordinary gains - net
$958Net income attributable to bank
$0Net charge-offs
$958Cash dividends
$47Sale, conversion, retirement of capital stock, net
$844Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.06%Yield on earning assets
0.81%Cost of funding earning assets
4.25%Net interest margin
1.83%Noninterest income to earning assets
4.51%Noninterest expense to earning assets
1.32%Net operating income to assets
1.30%Return on assets (ROA)
1.30%Pretax return on assets
12.74%Return on equity (ROE)
1.52%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
212.77%Credit loss provision to net charge-offs
22.74%Efficiency ratio
74,210Assets per employee
3.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
88.10%Loss allowance to loans
1.38%Loss allowance to noncurrent loans
206.59%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.67%Net loans and leases to deposits
77.50%Net loans and leases to core deposits
83.66%Equity capital to assets
10.31%Core capital (leverage) ratio
10.31%Tier 1 risk-based capital ratio
15.02%Total risk-based capital ratio
Memoranda
$16Average assets
$73,534Average earning assets
$7,517Average equity
$68,192Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	5228	Unity Bank North	210 Main Street, Red Lake Falls, MN 56750	January 01, 1929	Full Service Brick and Mortar
2	218120	Detached Facility	Third And Garfield Streets, Mentor, MN 56736	September 24, 1979	Limited Service Facility

Unity Bank North in Red Lake Falls, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Unity Bank North - 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:

Unity Bank North in Red Lake Falls, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Unity Bank North - 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:

Unity Bank North in Red Lake Falls, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches