Commercial Bank of Mott in Mott, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches


Commercial Bank of Mott - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 11Total employees (full-time equivalent)
  • $79,428Total assets
  • $2,289Cash and due from depository institutions
  • $172Interest-bearing balances
  • $20,154Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $52,984Net loans & leases
  • $548Loan loss allowance
  • $0Trading account assets
  • $1,013Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $79,428Life insurance assets
  • $2,988All other assets
  • $72,540Total liabilities and capital
  • $65,817Total liabilities
  • $58,317Total deposits
  • $65,817Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 1800.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,700Trading liabilities
  • $0Other borrowed funds
  • $1,223Subordinated debt
  • $6,888All other liabilities
  • $6,888Total equity capital
  • $6,888Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $2,450Surplus
  • $4,338Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1,345Long-term assets (5+ years)
  • $73,310Average Assets, year-to-date
  • $39,659Average Assets, quarterly
  • $75,090Volatile liabilities
  • $77,683Insider loans
  • $66,783FHLB advances
  • $77,146Loans and leases held for sale
  • $1,270Unused loan commitments
  • $1,270Tier 1 (core) risk-based capital
  • $6,364Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,902Restructured Loans and leases
  • $1,676Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,298Total interest income
  • $966Total interest expense
  • $2,332Net interest income
  • $50Provision for loan and lease losses
  • $127Total noninterest income
  • $0Fiduciary activities
  • $44Service charges on deposit accounts
  • $0Trading account gains & fees
  • $83Additional noninterest income
  • $1,158Total noninterest expense
  • $681Salaries and employee benefits
  • $93Premises and equipment expense
  • $384Additional noninterest expense
  • $1,251Pre-tax net operating income
  • $47Securities gains (losses)
  • $364Applicable income taxes
  • $934Income before extraordinary items
  • $0Extraordinary gains - net
  • $934Net income attributable to bank
  • $0Net charge-offs
  • $934Cash dividends
  • $1Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.77%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 1.67%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 15.49%Return on equity (ROE)
  • 15.49%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 5000.00%Credit loss provision to net charge-offs
  • 1301.00%Efficiency ratio
  • 47,092Assets per employee
  • 7.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 80.50%Net loans and leases to core deposits
  • 81.49%Equity capital to assets
  • 8.67%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 9.53%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $75,090Average earning assets
  • $6,031Average equity
  • $69,205Average loans

List of branches

  • 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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