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

  • Community Bank Corporation in Chaska, Minnesota (MN)
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Community Bank Corporation - Overview

  • General
  • FDIC Certificate #: 35370
    Status: Active
    Federal Reserve ID: 2855156
    Bank Holding Company (Regulatory Top Holder): Charter Bankshares, Inc. (RSSDID: 3485989, Location: Eau Claire, WI)
    Date Established: Febuary 16, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 78834
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 16, 2000
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: August 12, 2009
    Last Data Update: August 12, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 706 Walnut Street, Chaska, MN 55318
    County: Carver
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Chicago
    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: $148.7 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $123.6 mil
    Return on assets (ROA): 0.96% ($1.4 mil)
    Quarterly return on assets: 0.49% ($0.7 mil)
    Return on Equity (ROE): 10.31% ($1.6 mil)
    Quarterly return on equity: 4.73% ($0.8 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.97% ($1,442.3 mil)
    Quarterly Pretax return on assets: 0.50% ($743.4 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
  • 28Total employees (full-time equivalent)
  • $148,689Total assets
  • $17,280Cash and due from depository institutions
  • $13,369Interest-bearing balances
  • $11,228Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $111,195Net loans & leases
  • $2,780Loan loss allowance
  • $0Trading account assets
  • $2,475Bank premises and fixed assets
  • $1,350Other real estate owned
  • $0Goodwill and other intangibles
  • $148,689Life insurance assets
  • $5,161All other assets
  • $132,876Total liabilities and capital
  • $123,574Total liabilities
  • $100,409Total deposits
  • $123,574Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 1533.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,500Trading liabilities
  • $0Other borrowed funds
  • $1,269Subordinated debt
  • $15,813All other liabilities
  • $15,813Total equity capital
  • $15,813Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $14,640Surplus
  • $173Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $936Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,974Income earned, not collected on loans
  • $0Earning assets
  • $537Long-term assets (5+ years)
  • $135,792Average Assets, year-to-date
  • $31,654Average Assets, quarterly
  • $160,910Volatile liabilities
  • $151,804Insider loans
  • $125,246FHLB advances
  • $151,163Loans and leases held for sale
  • $1,938Unused loan commitments
  • $1,938Tier 1 (core) risk-based capital
  • $15,640Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $30,317Restructured Loans and leases
  • $3,587Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,295Total interest income
  • $1,309Total interest expense
  • $6,986Net interest income
  • $740Provision for loan and lease losses
  • $886Total noninterest income
  • $0Fiduciary activities
  • $376Service charges on deposit accounts
  • $0Trading account gains & fees
  • $510Additional noninterest income
  • $5,710Total noninterest expense
  • $2,600Salaries and employee benefits
  • $710Premises and equipment expense
  • $2,400Additional noninterest expense
  • $1,422Pre-tax net operating income
  • $131Securities gains (losses)
  • $5Applicable income taxes
  • $1,548Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,548Net income attributable to bank
  • $0Net charge-offs
  • $1,548Cash dividends
  • $1,286Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.60%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 4.72%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.85%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 10.31%Return on equity (ROE)
  • 10.31%Retained earnings to average equity (YTD only)
  • 1.04%Net charge-offs to loans
  • 57.54%Credit loss provision to net charge-offs
  • 1.68%Efficiency ratio
  • 72,536Assets per employee
  • 5.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.44%Loss allowance to noncurrent loans
  • 93.48%Noncurrent assets plus other real estate owned to assets
  • 2.91%Noncurrent loans to loans
  • 2.61%Net loans and leases to deposits
  • 89.98%Net loans and leases to core deposits
  • 94.99%Equity capital to assets
  • 10.63%Core capital (leverage) ratio
  • 10.35%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $160,910Average earning assets
  • $15,013Average equity
  • $148,125Average loans

List of branches

  • 3 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    078834Community Bank Corporation706 Walnut Street, Chaska, MN 55318Febuary 16, 2000Full Service Brick and Mortar
    1430983Chanhassen Branch455 Pond Promenade, Chanhassen, MN 55317August 17, 2003Full Service Brick and Mortar
    2441939Summerwood Office Branch545 Lake Drive, Chanhassen, MN 55317May 17, 2005Limited Service Mobile

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