Bank of Hazelton in Hazelton, North Dakota (ND)



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Bank of Hazelton routing number info

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Bank of Hazelton
GeneralFDIC Certificate #: 17813
Status: Active
Federal Reserve ID: 856458
Date Established: August 22, 1903
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 #: 11761
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: December 01, 1957
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: 363 Main St, Hazelton, ND 58544
County: Emmons
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $42.3 mil
Equity capital: $3.4 mil
Deposits held in domestic offices: $38.8 mil
Return on assets (ROA): 0.76% ($0.3 mil)
Quarterly return on assets: 0.15% ($0.1 mil)
Return on Equity (ROE): 9.20% ($0.3 mil)
Quarterly return on equity: 1.77% ($0.1 mil)
Net income: $0.3 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.83% ($351.2 mil)
Quarterly Pretax return on assets: 0.18% ($76.2 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)
Total employees (full-time equivalent)7
Total assets$42,319
Cash and due from depository institutions$7,214
Interest-bearing balances$2,726
Securities$6,683
Federal funds sold & reverse repurchase agreements$8,185
Net loans & leases$19,153
Loan loss allowance $300
Trading account assets$0
Bank premises and fixed assets$218
Other real estate owned$290
Goodwill and other intangibles$0
All other assets$576
Life insurance assets$42,319
Total liabilities and capital$38,935
Total liabilities$38,803
Total deposits$33,537
Interest-bearing deposits$38,803
Deposits held in domestic offices$73
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $132
All other liabilities $3,384
Total equity capital$3,384
Total bank equity capital$3,384
Perpetual preferred stock$0
Common stock$150
Surplus$2,350
Undivided profits $884
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 $130
Earning assets $0
Long-term assets (5+ years) $465
Average Assets, year-to-date $36,747
Average Assets, quarterly $5,704
Volatile liabilities $38,613
Insider loans $40,970
FHLB advances $27,092
Loans and leases held for sale $39,414
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,267
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,855
Derivatives$112
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,428
Total interest expense $244
Net interest income $1,184
Provision for loan and lease losses $87
Total noninterest income $56
Fiduciary activities $0
Service charges on deposit accounts $22
Trading account gains & fees $0
Additional noninterest income $34
Total noninterest expense $834
Salaries and employee benefits $440
Premises and equipment expense $118
Additional noninterest expense $276
Pre-tax net operating income $319
Securities gains (losses) $0
Applicable income taxes $24
Income before extraordinary items $295
Extraordinary gains - net $0
Net income attributable to bank $295
Net charge-offs $0
Cash dividends $295
Sale, conversion, retirement of capital stock, net $87
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 assets4.30%
Cost of funding earning assets 0.73%
Net interest margin 3.56%
Noninterest income to earning assets 0.17%
Noninterest expense to earning assets 2.51%
Net operating income to assets 0.76%
Return on assets (ROA) 0.76%
Pretax return on assets 0.83%
Return on equity (ROE) 9.20%
Retained earnings to average equity (YTD only) 9.20%
Net charge-offs to loans 0.45%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio4.67%
Assets per employee$67,258
Cash dividends to net income (YTD only)6.05%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.54%
Noncurrent assets plus other real estate owned to assets 230.77%
Noncurrent loans to loans 0.99%
Net loans and leases to deposits0.67%
Net loans and leases to core deposits 49.36%
Equity capital to assets 49.70%
Core capital (leverage) ratio 8.00%
Tier 1 risk-based capital ratio 8.29%
Total risk-based capital ratio 12.06%
Memoranda
Average assets$13
Average earning assets$38,613
Average equity $3,208
Average loans $33,238
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1 North Dakota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011761Bank Of Hazelton363 Main St, Hazelton, ND 58544August 22, 1903Full Service Brick and Mortar
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