Community Bank in Joseph, Oregon (OR), WA
| Community Bank | |
|---|---|
| General | FDIC Certificate #: 17445 Status: Active Federal Reserve ID: 779360 Bank Holding Company (Regulatory Top Holder): Community Bancshares, Inc. (RSSDID: 2247612, Location: Joseph, OR) Date Established: June 01, 1955 WWW: http://www.communitybanknet.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 16 (Domestic: 16, Interstate: Yes) OTS Docket #: 12176 FDIC's unique #: 11437 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: June 01, 1955 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: 609 North Main Street, Joseph, OR 97846 County: Wallowa Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Portland Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $360.5 mil Equity capital: $33.7 mil Deposits held in domestic offices: $317.3 mil Return on assets (ROA): 1.11% ($4.0 mil) Quarterly return on assets: 1.13% ($4.1 mil) Return on Equity (ROE): 12.10% ($4.1 mil) Quarterly return on equity: 12.18% ($4.1 mil) Net income: $4.0 mil Quarterly Net income: $1.0 mil Pretax return on assets: 1.11% ($4,002.0 mil) Quarterly Pretax return on assets: 1.13% ($4,074.1 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 152 |
| Total assets | $360,544 |
| Cash and due from depository institutions | $16,271 |
| Interest-bearing balances | $7,490 |
| Securities | $73,254 |
| Federal funds sold & reverse repurchase agreements | $12,555 |
| Net loans & leases | $231,984 |
| Loan loss allowance | $4,042 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $14,920 |
| Other real estate owned | $4,980 |
| Goodwill and other intangibles | $0 |
| All other assets | $6,580 |
| Life insurance assets | $360,544 |
| Total liabilities and capital | $326,802 |
| Total liabilities | $317,283 |
| Total deposits | $277,225 |
| Interest-bearing deposits | $317,283 |
| Deposits held in domestic offices | $94 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $9,086 |
| Other borrowed funds | $0 |
| Subordinated debt | $433 |
| All other liabilities | $33,742 |
| Total equity capital | $33,742 |
| Total bank equity capital | $33,742 |
| Perpetual preferred stock | $0 |
| Common stock | $1,662 |
| Surplus | $19,191 |
| Undivided profits | $12,889 |
| 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 | $11,782 |
| Earning assets | $5,295 |
| Long-term assets (5+ years) | $1,789 |
| Average Assets, year-to-date | $325,283 |
| Average Assets, quarterly | $63,591 |
| Volatile liabilities | $363,059 |
| Insider loans | $364,205 |
| FHLB advances | $240,694 |
| Loans and leases held for sale | $367,091 |
| Unused loan commitments | $1,479 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $31,761 |
| Total risk weighted assets | $1,479 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $35,828 |
| Derivatives | $191 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $18,552 |
| Total interest expense | $2,590 |
| Net interest income | $15,962 |
| Provision for loan and lease losses | $925 |
| Total noninterest income | $2,284 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $934 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,350 |
| Total noninterest expense | $14,327 |
| Salaries and employee benefits | $8,384 |
| Premises and equipment expense | $1,751 |
| Additional noninterest expense | $4,192 |
| Pre-tax net operating income | $2,994 |
| Securities gains (losses) | $1,037 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $4,031 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $4,031 |
| Net charge-offs | $0 |
| Cash dividends | $4,031 |
| Sale, conversion, retirement of capital stock, net | $764 |
| Net operating income | $2,700 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.62% |
| Cost of funding earning assets | 0.79% |
| Net interest margin | 4.84% |
| Noninterest income to earning assets | 0.69% |
| Noninterest expense to earning assets | 4.34% |
| Net operating income to assets | 0.82% |
| Return on assets (ROA) | 1.11% |
| Pretax return on assets | 1.11% |
| Return on equity (ROE) | 12.10% |
| Retained earnings to average equity (YTD only) | 4.00% |
| Net charge-offs to loans | 0.31% |
| Credit loss provision to net charge-offs | 121.07% |
| Efficiency ratio | 5.13% |
| Assets per employee | $78,521 |
| Cash dividends to net income (YTD only) | 2.37% |
| Condition Ratios (%) | |
| Loss allowance to loans | 66.98% |
| Loss allowance to noncurrent loans | 1.71% |
| Noncurrent assets plus other real estate owned to assets | 34.31% |
| Noncurrent loans to loans | 4.65% |
| Net loans and leases to deposits | 4.99% |
| Net loans and leases to core deposits | 73.12% |
| Equity capital to assets | 74.80% |
| Core capital (leverage) ratio | 9.36% |
| Tier 1 risk-based capital ratio | 8.65% |
| Total risk-based capital ratio | 13.20% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $363,059 |
| Average equity | $33,305 |
| Average loans | $329,921 |
| 14 Oregon Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 11437 | Community Bank | 609 North Main Street, Joseph, OR 97846 | June 01, 1955 | Full Service Brick and Mortar |  |
| 1 | 241735 | Enterprise Branch | 300 N.W. First Street, Enterprise, OR 97828 | Febuary 13, 1976 | Full Service Brick and Mortar |  |
| 3 | 237742 | Wallowa Branch | 202 Storie Street, Wallowa, OR 97885 | June 15, 1957 | Full Service Brick and Mortar | |
| 4 | 241736 | Pendleton Branch | 157 S Main Street, Pendleton, OR 97801 | Febuary 01, 1996 | Full Service Brick and Mortar | |
| 5 | 241737 | Hermiston Branch | 204 East Main Street, Hermiston, OR 97838 | November 03, 1997 | Full Service Brick and Mortar | |
| 6 | 241738 | La Grande Branch | 904 Adams Avenue, La Grande, OR 97850 | June 29, 1998 | Full Service Brick and Mortar | |
| 7 | 241739 | Southgate Branch | 1220 Southgate, Pendleton, OR 97801 | April 05, 1999 | Full Service Brick and Mortar | |
| 8 | 241740 | Elgin Branch | 109 South 8th Street, Elgin, OR 97827 | September 20, 1999 | Full Service Brick and Mortar | |
| 9 | 357942 | Union Branch | 539 South Main, Union, OR 97883 | April 03, 2000 | Full Service Brick and Mortar | |
| 10 | 360318 | Baker City Branch | 1190 Campbell Street, Baker City, OR 97814 | March 01, 2001 | Full Service Brick and Mortar | |
| 11 | 365057 | Milton-Freewater Branch | 13 N.E. 5th Ave, Milton Freewater, OR 97862 | January 07, 2002 | Full Service Brick and Mortar | |
| 14 | 466303 | Valley Branch | 2313 Adams Ave, La Grande, OR 97850 | Febuary 05, 2007 | Full Service Brick and Mortar | |
| 15 | 478876 | North Hill Branch | 50 E Theater Lane, Hermiston, OR 97838 | September 04, 2007 | Full Service Brick and Mortar | |
| 16 | 492939 | Heppner Branch | 127 N. Main Street, Heppner, OR 97836 | May 17, 2009 | Full Service Brick and Mortar | |
| 2 Washington Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 12 | 419496 | Walla Walla Branch | 28 East Alder, Walla Walla, WA 99362 | December 09, 2002 | Full Service Brick and Mortar | |
| 17 | 511422 | Clarkston Branch | 118 Bridge St, Clarkston, WA 99403 | October 05, 2009 | Full Service Brick and Mortar | |
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