Dakota Community Bank in Dickinson, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 11, 1997

Dakota Community Bank in Dickinson, North Dakota (ND)
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Dakota Community Bank - Overview

General
FDIC Certificate #: 10233
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Dakota Community Bank & Trust, National Association (#15728)
Federal Reserve ID: 878955
Date Established: Febuary 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6561
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 11, 1997
Last Structure Change Process Date: June 03, 1997
Last Data Update: June 03, 1997
Data Source Date: April 05, 2012
Location
Address: 353 19th Street West, Dickinson, ND 58601
County: Stark
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Dickinson, ND (#19860)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $25.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$22Total assets
$24,467Cash and due from depository institutions
$1,291Interest-bearing balances
$198Securities
$3,423Federal funds sold & reverse repurchase agreements
$265Net loans & leases
$18,136Loan loss allowance
$330Trading account assets
$0Bank premises and fixed assets
$687Other real estate owned
$0Goodwill and other intangibles
$665Life insurance assets
$0All other assets
$0Total liabilities and capital
$24,467Total liabilities
$22,333Total deposits
$21,942Interest-bearing deposits
$19,476Deposits held in domestic offices
21942.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$50Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$341Total equity capital
$341Total bank equity capital
$2,134Perpetual preferred stock
$0Common stock
$140Surplus
$1,060Undivided profits
Memoranda
$934Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$202Income earned, not collected on loans
$590Earning assets
$22,022Long-term assets (5+ years)
$604Average Assets, year-to-date
$22,618Average Assets, quarterly
$24,369Volatile liabilities
$1,794Insider loans
$39FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,282Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,132Total risk weighted assets
$20,139Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,876Total interest expense
$817Net interest income
$1,059Provision for loan and lease losses
$63Total noninterest income
$304Fiduciary activities
$0Service charges on deposit accounts
$127Trading account gains & fees
$0Additional noninterest income
$177Total noninterest expense
$1,085Salaries and employee benefits
$629Premises and equipment expense
$149Additional noninterest expense
$307Pre-tax net operating income
$215Securities gains (losses)
-$1Applicable income taxes
$65Income before extraordinary items
$149Extraordinary gains - net
$0Net income attributable to bank
$149Net charge-offs
-$23Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.29%Cost of funding earning assets
4.05%Net interest margin
5.25%Noninterest income to earning assets
1.51%Noninterest expense to earning assets
5.38%Net operating income to assets
0.66%Return on assets (ROA)
0.66%Pretax return on assets
0.95%Return on equity (ROE)
7.29%Retained earnings to average equity (YTD only)
7.29%Net charge-offs to loans
-0.14%Credit loss provision to net charge-offs
-273.91%Efficiency ratio
79,604Assets per employee
1.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.79%Loss allowance to noncurrent loans
163.37%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
1.09%Net loans and leases to deposits
82.65%Net loans and leases to core deposits
89.79%Equity capital to assets
8.72%Core capital (leverage) ratio
8.69%Tier 1 risk-based capital ratio
10.59%Total risk-based capital ratio
Memoranda
$12Average assets
$22,618Average earning assets
$2,043Average equity
$20,185Average loans

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