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

Hometown Community Bank - Overview

  • General
  • FDIC Certificate #: 10197
    Status: Active
    Federal Reserve ID: 156457
    Bank Holding Company (Regulatory Top Holder): Cyrus Bancshares, Inc. (RSSDID: 2752125, Location: Cyrus, MN)
    Date Established: October 07, 1901
    WWW: http://www.hcbmn.com
    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 #: 6536
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 100 East Main Street, Cyrus, MN 56323
    County: Pope
    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
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $25.4 mil
    Equity capital: $1.8 mil
    Deposits held in domestic offices: $23.4 mil
    Return on assets (ROA): 0.77% ($0.2 mil)
    Quarterly return on assets: 0.05% ($0.0 mil)
    Return on Equity (ROE): 11.04% ($0.2 mil)
    Quarterly return on equity: 0.65% ($0.0 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.67% ($170.0 mil)
    Quarterly Pretax return on assets: 0.14% ($35.5 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
  • 9Total employees (full-time equivalent)
  • $25,374Total assets
  • $2,505Cash and due from depository institutions
  • $1,314Interest-bearing balances
  • $6,157Securities
  • $14Federal funds sold & reverse repurchase agreements
  • $15,134Net loans & leases
  • $347Loan loss allowance
  • $0Trading account assets
  • $477Bank premises and fixed assets
  • $663Other real estate owned
  • $0Goodwill and other intangibles
  • $25,374Life insurance assets
  • $424All other assets
  • $23,526Total liabilities and capital
  • $23,419Total liabilities
  • $18,759Total deposits
  • $23,419Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $107Subordinated debt
  • $1,848All other liabilities
  • $1,848Total equity capital
  • $1,848Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,650Surplus
  • $98Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $64Income earned, not collected on loans
  • $0Earning assets
  • $177Long-term assets (5+ years)
  • $22,619Average Assets, year-to-date
  • $10,212Average Assets, quarterly
  • $25,334Volatile liabilities
  • $25,014Insider loans
  • $14,989FHLB advances
  • $25,292Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,859Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,048Restructured Loans and leases
  • $493Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,142Total interest income
  • $284Total interest expense
  • $858Net interest income
  • $0Provision for loan and lease losses
  • $95Total noninterest income
  • $0Fiduciary activities
  • $67Service charges on deposit accounts
  • $0Trading account gains & fees
  • $28Additional noninterest income
  • $880Total noninterest expense
  • $469Salaries and employee benefits
  • $143Premises and equipment expense
  • $268Additional noninterest expense
  • $73Pre-tax net operating income
  • $98Securities gains (losses)
  • -$25Applicable income taxes
  • $196Income before extraordinary items
  • $0Extraordinary gains - net
  • $196Net income attributable to bank
  • $0Net charge-offs
  • $196Cash dividends
  • $51Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.02%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.87%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 11.04%Return on equity (ROE)
  • 11.04%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1.43%Efficiency ratio
  • 92,340Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 542.19%Noncurrent assets plus other real estate owned to assets
  • 2.87%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 64.62%Net loans and leases to core deposits
  • 65.46%Equity capital to assets
  • 7.28%Core capital (leverage) ratio
  • 7.35%Tier 1 risk-based capital ratio
  • 12.40%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $25,334Average earning assets
  • $1,776Average equity
  • $22,741Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06536Hometown Community Bank100 East Main Street, Cyrus, MN 56323October 07, 1901Full Service Brick and Mortar
    1431420Forada Branch10635 Toby's Avenue Se, Alexandria, MN 56308October 10, 2000Full Service Brick and Mortar

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