Commercial Bank of Mott in Mott, North Dakota (ND)



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Commercial Bank of Mott routing number info

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Commercial Bank of Mott
GeneralFDIC Certificate #: 15741
Status: Active
Federal Reserve ID: 1008553
Bank Holding Company (Regulatory Top Holder): Commercial Bank Of Mott Employee Stock Ownership Plan (RSSDID: 2354592, Location: Mott, ND)
Date Established: June 12, 1940
WWW: http://www.cbmott.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 #: 9995
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: June 13, 1940
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: 325 Brown Avenue, Mott, ND 58646
County: Hettinger
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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $79.4 mil
Equity capital: $6.9 mil
Deposits held in domestic offices: $65.8 mil
Return on assets (ROA): 1.24% ($1.0 mil)
Quarterly return on assets: 1.54% ($1.2 mil)
Return on Equity (ROE): 15.49% ($1.1 mil)
Quarterly return on equity: 17.82% ($1.2 mil)
Net income: $0.9 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.73% ($1,374.1 mil)
Quarterly Pretax return on assets: 2.07% ($1,644.2 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)11
Total assets$79,428
Cash and due from depository institutions$2,289
Interest-bearing balances$172
Securities$20,154
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$52,984
Loan loss allowance $548
Trading account assets$0
Bank premises and fixed assets$1,013
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,988
Life insurance assets$79,428
Total liabilities and capital$72,540
Total liabilities$65,817
Total deposits$58,317
Interest-bearing deposits$65,817
Deposits held in domestic offices$90
% insured (estimated)1800.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$3,700
Other borrowed funds $0
Subordinated debt $1,223
All other liabilities $6,888
Total equity capital$6,888
Total bank equity capital$6,888
Perpetual preferred stock$0
Common stock$100
Surplus$2,450
Undivided profits $4,338
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 $0
Earning assets $0
Long-term assets (5+ years) $1,345
Average Assets, year-to-date $73,310
Average Assets, quarterly $39,659
Volatile liabilities $75,090
Insider loans $77,683
FHLB advances $66,783
Loans and leases held for sale $77,146
Unused loan commitments $1,270
Tier 1 (core) risk-based capital $1,270
Tier 2 risk-based capital $6,364
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $12,902
Derivatives$1,676
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,298
Total interest expense $966
Net interest income $2,332
Provision for loan and lease losses $50
Total noninterest income $127
Fiduciary activities $0
Service charges on deposit accounts $44
Trading account gains & fees $0
Additional noninterest income $83
Total noninterest expense $1,158
Salaries and employee benefits $681
Premises and equipment expense $93
Additional noninterest expense $384
Pre-tax net operating income $1,251
Securities gains (losses) $47
Applicable income taxes $364
Income before extraordinary items $934
Extraordinary gains - net $0
Net income attributable to bank $934
Net charge-offs $0
Cash dividends $934
Sale, conversion, retirement of capital stock, net $1
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 assets4.77%
Cost of funding earning assets 1.40%
Net interest margin 3.37%
Noninterest income to earning assets 0.18%
Noninterest expense to earning assets 1.67%
Net operating income to assets 1.20%
Return on assets (ROA) 1.24%
Pretax return on assets 1.73%
Return on equity (ROE) 15.49%
Retained earnings to average equity (YTD only) 15.49%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 5000.00%
Efficiency ratio1301.00%
Assets per employee$47,092
Cash dividends to net income (YTD only)7.22%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.02%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 80.50%
Equity capital to assets 81.49%
Core capital (leverage) ratio 8.67%
Tier 1 risk-based capital ratio 8.25%
Total risk-based capital ratio 9.53%
Memoranda
Average assets$10
Average earning assets$75,090
Average equity $6,031
Average loans $69,205
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1 North Dakota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09995Commercial Bank Of Mott325 Brown Avenue, Mott, ND 58646June 12, 1940Full Service Brick and Mortar
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