Bank of Hamilton in Hamilton, North Dakota (ND)



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Bank of Hamilton
GeneralFDIC Certificate #: 9127
Status: Active
Federal Reserve ID: 854351
Bank Holding Company (Regulatory Top Holder): Wall Street Holding Company (RSSDID: 1966215, Location: Hamilton, ND)
Date Established: January 08, 1886
WWW: http://www.bankofhamilton.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 #: 5842
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: No
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
LocationAddress: 1 Wall Street, Hamilton, ND 58238
County: Pembina
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $19.1 mil
Equity capital: $2.4 mil
Deposits held in domestic offices: $16.7 mil
Return on assets (ROA): 0.17% ($0.0 mil)
Quarterly return on assets: -1.30% (-$0.2 mil)
Return on Equity (ROE): 1.25% ($0.0 mil)
Quarterly return on equity: -9.63% (-$0.2 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.20% ($38.3 mil)
Quarterly Pretax return on assets: -1.55% (-$296.7 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)
Total employees (full-time equivalent)3
Total assets$19,144
Cash and due from depository institutions$10,489
Interest-bearing balances$8,023
Securities$2,671
Federal funds sold & reverse repurchase agreements$2,500
Net loans & leases$3,377
Loan loss allowance $115
Trading account assets$0
Bank premises and fixed assets$0
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$107
Life insurance assets$19,144
Total liabilities and capital$16,770
Total liabilities$16,732
Total deposits$11,624
Interest-bearing deposits$16,732
Deposits held in domestic offices$95
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $38
All other liabilities $2,374
Total equity capital$2,374
Total bank equity capital$2,374
Perpetual preferred stock$0
Common stock$150
Surplus$650
Undivided profits $1,574
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $37
Earning assets $0
Long-term assets (5+ years) $73
Average Assets, year-to-date $16,571
Average Assets, quarterly $606
Volatile liabilities $17,480
Insider loans $17,800
FHLB advances $6,310
Loans and leases held for sale $17,366
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $2,400
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4
Derivatives$35
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $391
Total interest expense $28
Net interest income $363
Provision for loan and lease losses $0
Total noninterest income $44
Fiduciary activities $0
Service charges on deposit accounts $31
Trading account gains & fees $0
Additional noninterest income $13
Total noninterest expense $372
Salaries and employee benefits $192
Premises and equipment expense $65
Additional noninterest expense $115
Pre-tax net operating income $35
Securities gains (losses) $0
Applicable income taxes $5
Income before extraordinary items $30
Extraordinary gains - net $0
Net income attributable to bank $30
Net charge-offs $0
Cash dividends $30
Sale, conversion, retirement of capital stock, net -$2
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets2.52%
Cost of funding earning assets 0.18%
Net interest margin 2.34%
Noninterest income to earning assets 0.28%
Noninterest expense to earning assets 2.40%
Net operating income to assets 0.17%
Return on assets (ROA) 0.17%
Pretax return on assets 0.20%
Return on equity (ROE) 1.25%
Retained earnings to average equity (YTD only) 1.25%
Net charge-offs to loans -0.07%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$91,400
Cash dividends to net income (YTD only)6.38%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.29%
Noncurrent assets plus other real estate owned to assets 310.81%
Noncurrent loans to loans 0.19%
Net loans and leases to deposits1.06%
Net loans and leases to core deposits 20.18%
Equity capital to assets 20.79%
Core capital (leverage) ratio 12.40%
Tier 1 risk-based capital ratio 13.82%
Total risk-based capital ratio 38.03%
Memoranda
Average assets$39
Average earning assets$17,480
Average equity $2,407
Average loans $15,487
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1 North Dakota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05842Bank Of Hamilton1 Wall Street, Hamilton, ND 58238January 08, 1886Full Service Brick and Mortar
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