KodaBank in Drayton, North Dakota (ND)

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KodaBank routing number info

Table of contents:
GeneralFDIC Certificate #: 8386
Status: Active
Federal Reserve ID: 803957
Bank Holding Company (Regulatory Top Holder): Drayton Bancor, Inc. (RSSDID: 1126671, Location: Drayton, ND)
Date Established: April 01, 1916
WWW: http://www.kodabank.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 #: 5342
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: January 01, 1934
Last Structure Change Effective Date: March 01, 2010
Last Structure Change Process Date: March 31, 2010
Last Data Update: March 31, 2010
Data Source Date: April 05, 2012
LocationAddress: 900 Main Street, Drayton, ND 58225
County: Pembina
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesParticipated in Absorption/Consolidation/Merger
Name Change
Financial SummaryTotal assets: $87.5 mil
Equity capital: $9.5 mil
Deposits held in domestic offices: $76.6 mil
Return on assets (ROA): 1.73% ($1.5 mil)
Quarterly return on assets: 1.07% ($0.9 mil)
Return on Equity (ROE): 15.43% ($1.5 mil)
Quarterly return on equity: 9.48% ($0.9 mil)
Net income: $1.4 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.85% ($1,618.9 mil)
Quarterly Pretax return on assets: 1.14% ($997.6 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)
Total employees (full-time equivalent)19
Total assets$87,507
Cash and due from depository institutions$5,419
Interest-bearing balances$1,744
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$61,039
Loan loss allowance $747
Trading account assets$0
Bank premises and fixed assets$659
Other real estate owned$0
Goodwill and other intangibles$574
All other assets$1,810
Life insurance assets$87,507
Total liabilities and capital$77,964
Total liabilities$76,644
Total deposits$57,900
Interest-bearing deposits$76,644
Deposits held in domestic offices$97
% insured (estimated)700.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $620
All other liabilities $9,543
Total equity capital$9,543
Total bank equity capital$9,543
Perpetual preferred stock$0
Common stock$550
Undivided profits $6,604
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 $665
Earning assets $57
Long-term assets (5+ years) $1,485
Average Assets, year-to-date $80,789
Average Assets, quarterly $13,214
Volatile liabilities $83,882
Insider loans $86,292
FHLB advances $59,229
Loans and leases held for sale $86,114
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,590
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,620
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,323
Total interest expense $835
Net interest income $3,488
Provision for loan and lease losses $400
Total noninterest income $281
Fiduciary activities $0
Service charges on deposit accounts $235
Trading account gains & fees $0
Additional noninterest income $46
Total noninterest expense $1,817
Salaries and employee benefits $1,042
Premises and equipment expense $169
Additional noninterest expense $606
Pre-tax net operating income $1,552
Securities gains (losses) $4
Applicable income taxes $108
Income before extraordinary items $1,448
Extraordinary gains - net $0
Net income attributable to bank $1,448
Net charge-offs $0
Cash dividends $1,448
Sale, conversion, retirement of capital stock, net $354
Net operating income $1,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.46%
Cost of funding earning assets 1.05%
Net interest margin 4.40%
Noninterest income to earning assets 0.35%
Noninterest expense to earning assets 2.29%
Net operating income to assets 1.72%
Return on assets (ROA) 1.73%
Pretax return on assets 1.85%
Return on equity (ROE) 15.43%
Retained earnings to average equity (YTD only) 4.77%
Net charge-offs to loans 0.61%
Credit loss provision to net charge-offs 112.99%
Efficiency ratio5.51%
Assets per employee$48,209
Cash dividends to net income (YTD only)4.61%
Condition Ratios (%)
Loss allowance to loans 69.06%
Loss allowance to noncurrent loans 1.21%
Noncurrent assets plus other real estate owned to assets 112.33%
Noncurrent loans to loans 0.76%
Net loans and leases to deposits1.08%
Net loans and leases to core deposits 79.64%
Equity capital to assets 84.43%
Core capital (leverage) ratio 10.91%
Tier 1 risk-based capital ratio 9.98%
Total risk-based capital ratio 14.50%
Average assets$16
Average earning assets$83,882
Average equity $9,387
Average loans $79,185
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2 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05342Kodabank900 Main Street, Drayton, ND 58225April 01, 1916Full Service Brick and Mortar
111775Bank Of Minto Branch521 2nd Street, Minto, ND 58261January 01, 1881Full Service Brick and Mortar
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