Cambridge State Bank in Cambridge, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Cambridge State Bank - Overview

  • General
  • FDIC Certificate #: 10987
    Status: Active
    Federal Reserve ID: 338851
    Date Established: Febuary 19, 1914
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 7039
    Numeric code: 21
    Regulator: FDIC
    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: 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: 127 South Main, Cambridge, MN 55008
    County: Isanti
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $74.1 mil
    Equity capital: $8.6 mil
    Deposits held in domestic offices: $62.0 mil
    Return on assets (ROA): 0.10% ($0.1 mil)
    Quarterly return on assets: -1.07% (-$0.8 mil)
    Return on Equity (ROE): 0.90% ($0.1 mil)
    Quarterly return on equity: -9.21% (-$0.8 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.10% ($74.1 mil)
    Quarterly Pretax return on assets: -1.07% (-$793.3 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
  • 17Total employees (full-time equivalent)
  • $74,143Total assets
  • $1,707Cash and due from depository institutions
  • $266Interest-bearing balances
  • $11,295Securities
  • $3,000Federal funds sold & reverse repurchase agreements
  • $52,933Net loans & leases
  • $1,425Loan loss allowance
  • $0Trading account assets
  • $1,763Bank premises and fixed assets
  • $2,685Other real estate owned
  • $0Goodwill and other intangibles
  • $74,143Life insurance assets
  • $760All other assets
  • $65,587Total liabilities and capital
  • $61,981Total liabilities
  • $55,370Total deposits
  • $61,981Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,425Trading liabilities
  • $0Other borrowed funds
  • $181Subordinated debt
  • $8,556All other liabilities
  • $8,556Total equity capital
  • $8,556Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $6,850Surplus
  • $1,556Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,281Income earned, not collected on loans
  • $270Earning assets
  • $261Long-term assets (5+ years)
  • $67,494Average Assets, year-to-date
  • $11,423Average Assets, quarterly
  • $78,262Volatile liabilities
  • $74,483Insider loans
  • $54,343FHLB advances
  • $74,725Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,285Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,350Restructured Loans and leases
  • $1,167Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,715Total interest income
  • $617Total interest expense
  • $3,098Net interest income
  • $717Provision for loan and lease losses
  • $228Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $157Additional noninterest income
  • $2,578Total noninterest expense
  • $1,342Salaries and employee benefits
  • $302Premises and equipment expense
  • $934Additional noninterest expense
  • $31Pre-tax net operating income
  • $46Securities gains (losses)
  • $0Applicable income taxes
  • $77Income before extraordinary items
  • $0Extraordinary gains - net
  • $77Net income attributable to bank
  • $0Net charge-offs
  • $77Cash dividends
  • $677Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.17%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.04%Net operating income to assets
  • 0.10%Return on assets (ROA)
  • 0.10%Pretax return on assets
  • 0.90%Return on equity (ROE)
  • 0.90%Retained earnings to average equity (YTD only)
  • 1.18%Net charge-offs to loans
  • 105.91%Credit loss provision to net charge-offs
  • 1.10%Efficiency ratio
  • 77,511Assets per employee
  • 4.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.62%Loss allowance to noncurrent loans
  • 33.29%Noncurrent assets plus other real estate owned to assets
  • 9.40%Noncurrent loans to loans
  • 7.88%Net loans and leases to deposits
  • 85.40%Net loans and leases to core deposits
  • 92.21%Equity capital to assets
  • 11.54%Core capital (leverage) ratio
  • 11.09%Tier 1 risk-based capital ratio
  • 15.25%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $78,262Average earning assets
  • $8,579Average equity
  • $71,793Average loans

List of branches

  • 4 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07039Cambridge State Bank127 South Main, Cambridge, MN 55008Febuary 19, 1914Full Service Brick and Mortar
    1360238The Meadows Of Riverhills Branch1545 Riverhills Prkway, Cambridge, MN 55008March 15, 2001Full Service Brick and Mortar
    2360239Mill Ridge Commons Branch235 North Fern, Cambridge, MN 55008March 20, 2001Full Service Brick and Mortar
    3419738East Office Branch127 South Xylite St. N.E., Cambridge, MN 55008September 16, 2002Full Service Brick and Mortar

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