Dakota Heritage Bank of North Dakota in Hunter, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

Dakota Heritage Bank of North Dakota - Overview

  • General
  • FDIC Certificate #: 16231
    Status: Active
    Federal Reserve ID: 860352
    Bank Holding Company (Regulatory Top Holder): Hunter Holding Company (RSSDID: 1125674, Location: Hunter, ND)
    Date Established: Febuary 08, 1945
    WWW: http://www.dhbanknd.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 10428
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: Febuary 08, 1945
    Last Structure Change Effective Date: March 20, 2009
    Last Structure Change Process Date: April 07, 2009
    Last Data Update: April 07, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 Main Street, Hunter, ND 58048
    County: Cass
    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
    Metropolitan Statistical Area (MSA): Fargo-Moorhead, ND-MN (#2520)
    Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
    Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
    CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Change in Location
  • Financial Summary
  • Total assets: $126.1 mil
    Equity capital: $12.2 mil
    Deposits held in domestic offices: $113.3 mil
    Return on assets (ROA): 1.55% ($2.0 mil)
    Quarterly return on assets: 1.72% ($2.2 mil)
    Return on Equity (ROE): 15.96% ($1.9 mil)
    Quarterly return on equity: 17.41% ($2.1 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.66% ($2,093.0 mil)
    Quarterly Pretax return on assets: 1.93% ($2,433.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 33Total employees (full-time equivalent)
  • $126,087Total assets
  • $11,267Cash and due from depository institutions
  • $0Interest-bearing balances
  • $23,800Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $81,892Net loans & leases
  • $1,064Loan loss allowance
  • $0Trading account assets
  • $802Bank premises and fixed assets
  • $0Other real estate owned
  • $1,272Goodwill and other intangibles
  • $126,087Life insurance assets
  • $2,054All other assets
  • $113,866Total liabilities and capital
  • $113,258Total liabilities
  • $89,782Total deposits
  • $113,258Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 184.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $424Subordinated debt
  • $12,221All other liabilities
  • $12,221Total equity capital
  • $12,221Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $6,747Surplus
  • $5,374Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $41Income earned, not collected on loans
  • $0Earning assets
  • $1,725Long-term assets (5+ years)
  • $110,692Average Assets, year-to-date
  • $19,082Average Assets, quarterly
  • $120,402Volatile liabilities
  • $122,936Insider loans
  • $90,125FHLB advances
  • $124,030Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,248Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,245Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,476Total interest income
  • $922Total interest expense
  • $4,554Net interest income
  • $105Provision for loan and lease losses
  • $519Total noninterest income
  • $0Fiduciary activities
  • $202Service charges on deposit accounts
  • $0Trading account gains & fees
  • $317Additional noninterest income
  • $2,968Total noninterest expense
  • $1,895Salaries and employee benefits
  • $248Premises and equipment expense
  • $825Additional noninterest expense
  • $2,000Pre-tax net operating income
  • $0Securities gains (losses)
  • $137Applicable income taxes
  • $1,863Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,863Net income attributable to bank
  • $0Net charge-offs
  • $1,863Cash dividends
  • $19Sale, conversion, retirement of capital stock, net
  • $1,225Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.24%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.76%Noninterest expense to earning assets
  • 1.55%Net operating income to assets
  • 1.55%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 15.96%Return on equity (ROE)
  • 5.47%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 552.63%Credit loss provision to net charge-offs
  • 110.79%Efficiency ratio
  • 57,895Assets per employee
  • 3.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.75%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 2595.12%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 72.31%Net loans and leases to core deposits
  • 73.35%Equity capital to assets
  • 9.69%Core capital (leverage) ratio
  • 8.26%Tier 1 risk-based capital ratio
  • 11.37%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $120,402Average earning assets
  • $11,673Average equity
  • $107,463Average loans

List of branches

  • 8 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010428Dakota Heritage Bank Of North Dakota109 Main Street, Hunter, ND 58048Febuary 08, 1945Full Service Brick and Mortar
    1237638Paying And Receiving BranchDakota Avenue, Galesburg, ND 58035September 16, 1968Full Service Brick and Mortar
    2237639Paying And Receiving BranchMain Street, Grandin, ND 58038January 01, 1992Full Service Brick and Mortar
    3362599Hillsboro Branch7 West Caledonia, Hillsboro, ND 58045December 03, 2001Full Service Brick and Mortar
    55844First State Bank Of Hope BranchMain Street, Hope, ND 58046January 01, 1911Full Service Brick and Mortar
    66050Dakota Heritage Bank BranchMain Street, Gackle, ND 58442September 01, 1905Full Service Brick and Mortar
    7249180Jud BranchMain Street, Jud, ND 58454April 25, 1983Full Service Brick and Mortar
    89433State Bank Of Streeter BranchMain Street, Streeter, ND 58483January 01, 1909Full Service Brick and Mortar

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