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


Community Bank Owatonna - Overview

  • General
  • FDIC Certificate #: 57468
    Status: Active
    Federal Reserve ID: 3139321
    Bank Holding Company (Regulatory Top Holder): Community Financial Corporation (RSSDID: 3139312, Location: Owatonna, MN)
    Date Established: January 13, 2003
    WWW: http://www.cbowatonna.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 #: 363965
    Numeric code: 21
    Regulator: FDIC
    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: January 13, 2003
    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: 640 Bridge Street, Owatonna, MN 55060
    County: Steele
    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): Owatonna, MN (#36940)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $52.5 mil
    Equity capital: $5.0 mil
    Deposits held in domestic offices: $47.0 mil
    Return on assets (ROA): 0.51% ($0.3 mil)
    Quarterly return on assets: 0.01% ($0.0 mil)
    Return on Equity (ROE): 5.60% ($0.3 mil)
    Quarterly return on equity: 0.16% ($0.0 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.78% ($409.5 mil)
    Quarterly Pretax return on assets: 0.16% ($84.0 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
  • 9Total employees (full-time equivalent)
  • $52,506Total assets
  • $1,510Cash and due from depository institutions
  • $0Interest-bearing balances
  • $15,746Securities
  • $469Federal funds sold & reverse repurchase agreements
  • $32,536Net loans & leases
  • $374Loan loss allowance
  • $0Trading account assets
  • $182Bank premises and fixed assets
  • $309Other real estate owned
  • $0Goodwill and other intangibles
  • $52,506Life insurance assets
  • $1,754All other assets
  • $47,510Total liabilities and capital
  • $46,976Total liabilities
  • $40,468Total deposits
  • $46,976Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $534Subordinated debt
  • $4,996All other liabilities
  • $4,996Total equity capital
  • $4,996Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $3,347Surplus
  • $649Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $92Income earned, not collected on loans
  • $0Earning assets
  • $294Long-term assets (5+ years)
  • $48,751Average Assets, year-to-date
  • $19,506Average Assets, quarterly
  • $53,915Volatile liabilities
  • $53,593Insider loans
  • $34,274FHLB advances
  • $53,100Loans and leases held for sale
  • $1,270Unused loan commitments
  • $1,270Tier 1 (core) risk-based capital
  • $4,888Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,874Restructured Loans and leases
  • $1,513Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,739Total interest income
  • $748Total interest expense
  • $1,991Net interest income
  • $328Provision for loan and lease losses
  • $184Total noninterest income
  • $0Fiduciary activities
  • $109Service charges on deposit accounts
  • $0Trading account gains & fees
  • $75Additional noninterest income
  • $1,474Total noninterest expense
  • $736Salaries and employee benefits
  • $249Premises and equipment expense
  • $489Additional noninterest expense
  • $373Pre-tax net operating income
  • $49Securities gains (losses)
  • $146Applicable income taxes
  • $276Income before extraordinary items
  • $0Extraordinary gains - net
  • $276Net income attributable to bank
  • $0Net charge-offs
  • $276Cash dividends
  • $428Sale, conversion, retirement of capital stock, net
  • $170Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.50%Yield on earning assets
  • 1.50%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 5.60%Return on equity (ROE)
  • 2.15%Retained earnings to average equity (YTD only)
  • 1.21%Net charge-offs to loans
  • 76.64%Credit loss provision to net charge-offs
  • 1.64%Efficiency ratio
  • 67,770Assets per employee
  • 5.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.59%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 406.52%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 69.26%Net loans and leases to core deposits
  • 76.74%Equity capital to assets
  • 9.52%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 14.26%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $53,915Average earning assets
  • $4,927Average equity
  • $49,776Average loans

List of branches

  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0363965Community Bank Owatonna640 Bridge Street, Owatonna, MN 55060January 13, 2003Full Service Brick and Mortar

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