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

Community Pride Bank - Overview

  • General
  • FDIC Certificate #: 35524
    Status: Active
    Federal Reserve ID: 2900092
    Bank Holding Company (Regulatory Top Holder): Community Pride Bank Corporation (RSSDID: 2900083, Location: Ham Lake, MN)
    Date Established: June 05, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 81318
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 05, 2000
    Last Structure Change Effective Date: July 01, 2007
    Last Structure Change Process Date: July 11, 2007
    Last Data Update: July 11, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 905 6th Avenue Court Ne, Isanti, MN 55040
    County: Isanti
    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
    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
  • Change in Location
  • Financial Summary
  • Total assets: $89.1 mil
    Equity capital: $8.5 mil
    Deposits held in domestic offices: $78.2 mil
    Return on assets (ROA): 0.15% ($0.1 mil)
    Quarterly return on assets: -0.44% (-$0.4 mil)
    Return on Equity (ROE): 1.65% ($0.1 mil)
    Quarterly return on equity: -4.62% (-$0.4 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.16% ($142.6 mil)
    Quarterly Pretax return on assets: -0.44% (-$392.1 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
  • 18Total employees (full-time equivalent)
  • $89,104Total assets
  • $11,096Cash and due from depository institutions
  • $7,067Interest-bearing balances
  • $14,493Securities
  • $1,168Federal funds sold & reverse repurchase agreements
  • $58,977Net loans & leases
  • $2,214Loan loss allowance
  • $0Trading account assets
  • $229Bank premises and fixed assets
  • $2,279Other real estate owned
  • $0Goodwill and other intangibles
  • $89,104Life insurance assets
  • $862All other assets
  • $80,586Total liabilities and capital
  • $78,204Total liabilities
  • $65,994Total deposits
  • $78,204Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $382Subordinated debt
  • $8,518All other liabilities
  • $8,518Total equity capital
  • $8,518Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $10,350Surplus
  • $-2,032Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,563Income earned, not collected on loans
  • $0Earning assets
  • $269Long-term assets (5+ years)
  • $81,705Average Assets, year-to-date
  • $6,763Average Assets, quarterly
  • $90,142Volatile liabilities
  • $90,834Insider loans
  • $64,479FHLB advances
  • $92,999Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,468Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,110Restructured Loans and leases
  • $2,080Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,290Total interest income
  • $706Total interest expense
  • $3,584Net interest income
  • $854Provision for loan and lease losses
  • $570Total noninterest income
  • $0Fiduciary activities
  • $278Service charges on deposit accounts
  • $0Trading account gains & fees
  • $292Additional noninterest income
  • $3,159Total noninterest expense
  • $1,236Salaries and employee benefits
  • $461Premises and equipment expense
  • $1,462Additional noninterest expense
  • $141Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • $139Income before extraordinary items
  • $0Extraordinary gains - net
  • $139Net income attributable to bank
  • $0Net charge-offs
  • $139Cash dividends
  • $1,906Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 4.28%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 3.78%Noninterest expense to earning assets
  • 0.15%Net operating income to assets
  • 0.15%Return on assets (ROA)
  • 0.16%Pretax return on assets
  • 1.65%Return on equity (ROE)
  • 1.65%Retained earnings to average equity (YTD only)
  • 2.86%Net charge-offs to loans
  • 44.81%Credit loss provision to net charge-offs
  • 0.52%Efficiency ratio
  • 76,047Assets per employee
  • 4.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.62%Loss allowance to noncurrent loans
  • 141.65%Noncurrent assets plus other real estate owned to assets
  • 4.31%Noncurrent loans to loans
  • 2.55%Net loans and leases to deposits
  • 75.41%Net loans and leases to core deposits
  • 83.43%Equity capital to assets
  • 9.56%Core capital (leverage) ratio
  • 9.11%Tier 1 risk-based capital ratio
  • 13.13%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $90,142Average earning assets
  • $8,403Average equity
  • $83,643Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    081318Community Pride Bank905 6th Avenue Court Ne, Isanti, MN 55040June 05, 2000Full Service Brick and Mortar
    1450675Ham Lake Branch1441 Bunker Lake Boulevard, N.E., Ham Lake, MN 55304April 17, 2006Full Service Brick and Mortar

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