Community Bank, Austin in Austin, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community Bank, Austin - Overview

  • General
  • FDIC Certificate #: 57801
    Status: Active
    Federal Reserve ID: 3259171
    Bank Holding Company (Regulatory Top Holder): Community National Bancorporation (RSSDID: 2576965, Location: Waterloo, IA)
    Date Established: June 04, 2004
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 425725
    Numeric code: 13
    Regulator: FED
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 04, 2004
    Last Structure Change Effective Date: September 21, 2007
    Last Structure Change Process Date: October 01, 2007
    Last Data Update: October 01, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 805 North Main Street, Austin, MN 55912
    County: Mower
    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
    Core Based Statistical Area (CBSA): Austin, MN (#12380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $38.0 mil
    Equity capital: $4.3 mil
    Deposits held in domestic offices: $32.2 mil
    Return on assets (ROA): 3.68% ($1.4 mil)
    Quarterly return on assets: 14.13% ($5.4 mil)
    Return on Equity (ROE): 45.39% ($1.8 mil)
    Quarterly return on equity: 146.15% ($5.8 mil)
    Net income: $1.3 mil
    Quarterly Net income: $1.3 mil
    Pretax return on assets: -0.08% (-$30.4 mil)
    Quarterly Pretax return on assets: -0.32% (-$121.7 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
  • 12Total employees (full-time equivalent)
  • $38,027Total assets
  • $2,251Cash and due from depository institutions
  • $89Interest-bearing balances
  • $3,284Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $28,902Net loans & leases
  • $426Loan loss allowance
  • $0Trading account assets
  • $1,718Bank premises and fixed assets
  • $223Other real estate owned
  • $0Goodwill and other intangibles
  • $38,027Life insurance assets
  • $1,649All other assets
  • $33,771Total liabilities and capital
  • $32,240Total liabilities
  • $27,534Total deposits
  • $32,240Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 1000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $450Trading liabilities
  • $0Other borrowed funds
  • $81Subordinated debt
  • $4,256All other liabilities
  • $4,256Total equity capital
  • $4,256Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $6,250Surplus
  • $-3,994Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9Income earned, not collected on loans
  • $0Earning assets
  • $117Long-term assets (5+ years)
  • $32,275Average Assets, year-to-date
  • $5,182Average Assets, quarterly
  • $35,771Volatile liabilities
  • $37,228Insider loans
  • $29,115FHLB advances
  • $34,781Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,995Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,403Restructured Loans and leases
  • $4,258Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,730Total interest income
  • $176Total interest expense
  • $1,554Net interest income
  • $180Provision for loan and lease losses
  • $188Total noninterest income
  • $0Fiduciary activities
  • $202Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$14Additional noninterest income
  • $1,591Total noninterest expense
  • $611Salaries and employee benefits
  • $179Premises and equipment expense
  • $801Additional noninterest expense
  • -$29Pre-tax net operating income
  • $0Securities gains (losses)
  • -$1,345Applicable income taxes
  • $1,316Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,316Net income attributable to bank
  • $0Net charge-offs
  • $1,316Cash dividends
  • $155Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.78%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 5.19%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 5.31%Noninterest expense to earning assets
  • 3.68%Net operating income to assets
  • 3.68%Return on assets (ROA)
  • -0.08%Pretax return on assets
  • 45.39%Return on equity (ROE)
  • 45.39%Retained earnings to average equity (YTD only)
  • 0.60%Net charge-offs to loans
  • 116.13%Credit loss provision to net charge-offs
  • 0.97%Efficiency ratio
  • 91,332Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 4733.33%Noncurrent assets plus other real estate owned to assets
  • 0.61%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 89.65%Net loans and leases to core deposits
  • 90.51%Equity capital to assets
  • 11.19%Core capital (leverage) ratio
  • 8.61%Tier 1 risk-based capital ratio
  • 10.29%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $35,771Average earning assets
  • $2,899Average equity
  • $29,948Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0425725Community Bank, Austin805 North Main Street, Austin, MN 55912June 04, 2004Full Service Brick and Mortar
    4478517North Office Branch900 18th Ave Nw, Austin, MN 55912July 01, 2007Full Service Brick and Mortar

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