Eagle Community Bank in Maple Grove, Minnesota (MN)



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Eagle Community Bank routing number info

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Eagle Community Bank
GeneralFDIC Certificate #: 57477
Status: Active
Federal Reserve ID: 3133570
Bank Holding Company (Regulatory Top Holder): Eagle Community Bancshares, Inc. (RSSDID: 3133561, Location: Brooklyn Park, MN)
Date Established: December 12, 2002
WWW: http://www.eaglecommunitybank.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 #: 364056
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: December 12, 2002
Last Structure Change Effective Date: Febuary 29, 2012
Last Structure Change Process Date: Febuary 29, 2012
Last Data Update: Febuary 29, 2012
Data Source Date: April 05, 2012
LocationAddress: 9600 Upland Lane North, Maple Grove, MN 55369
County: Hennepin
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)
Financial SummaryTotal assets: $21.2 mil
Equity capital: $1.2 mil
Deposits held in domestic offices: $20.0 mil
Return on assets (ROA): -3.47% (-$0.7 mil)
Quarterly return on assets: -5.43% (-$1.1 mil)
Return on Equity (ROE): -59.28% (-$0.6 mil)
Quarterly return on equity: -99.71% (-$1.0 mil)
Net income: -$0.8 mil
Quarterly Net income: -$0.3 mil
Pretax return on assets: -3.47% (-$737.3 mil)
Quarterly Pretax return on assets: -5.43% (-$1,153.8 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)
Total employees (full-time equivalent)5
Total assets$21,248
Cash and due from depository institutions$3,285
Interest-bearing balances$2,767
Securities$1,206
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$13,564
Loan loss allowance $173
Trading account assets$0
Bank premises and fixed assets$241
Other real estate owned$2,657
Goodwill and other intangibles$0
All other assets$295
Life insurance assets$21,249
Total liabilities and capital$20,097
Total liabilities$20,043
Total deposits$17,553
Interest-bearing deposits$20,043
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $54
All other liabilities $1,152
Total equity capital$1,152
Total bank equity capital$1,152
Perpetual preferred stock$0
Common stock$1,000
Surplus$3,050
Undivided profits $-2,898
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $606
Earning assets $0
Long-term assets (5+ years) $64
Average Assets, year-to-date $17,537
Average Assets, quarterly $798
Volatile liabilities $23,841
Insider loans $22,106
FHLB advances $15,302
Loans and leases held for sale $22,016
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $1,131
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $272
Derivatives$1,227
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,095
Total interest expense $330
Net interest income $765
Provision for loan and lease losses -$25
Total noninterest income -$238
Fiduciary activities $0
Service charges on deposit accounts $18
Trading account gains & fees $0
Additional noninterest income -$256
Total noninterest expense $1,380
Salaries and employee benefits $450
Premises and equipment expense $250
Additional noninterest expense $680
Pre-tax net operating income -$828
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$828
Extraordinary gains - net $0
Net income attributable to bank -$828
Net charge-offs $0
Cash dividends -$828
Sale, conversion, retirement of capital stock, net $303
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.32%
Cost of funding earning assets 1.60%
Net interest margin 3.72%
Noninterest income to earning assets -1.16%
Noninterest expense to earning assets 6.71%
Net operating income to assets -3.47%
Return on assets (ROA) -3.47%
Pretax return on assets -3.47%
Return on equity (ROE) -59.28%
Retained earnings to average equity (YTD only) -59.28%
Net charge-offs to loans 1.86%
Credit loss provision to net charge-offs -8.25%
Efficiency ratio-2.82%
Assets per employee$261,860
Cash dividends to net income (YTD only)4.25%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.26%
Noncurrent assets plus other real estate owned to assets 28.55%
Noncurrent loans to loans 15.36%
Net loans and leases to deposits4.41%
Net loans and leases to core deposits 67.67%
Equity capital to assets 71.47%
Core capital (leverage) ratio 5.42%
Tier 1 risk-based capital ratio 5.14%
Total risk-based capital ratio 7.39%
Memoranda
Average assets$9
Average earning assets$23,841
Average equity $1,397
Average loans $20,579
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1 Minnesota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0364056Eagle Community Bank9600 Upland Lane North, Maple Grove, MN 55369December 12, 2002Full Service Brick and Mortar
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