Peoples Bank of Commerce in Cambridge, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Peoples Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 10192
    Status: Active
    Federal Reserve ID: 151751
    Bank Holding Company (Regulatory Top Holder): Duke Financial Group, Inc. (RSSDID: 1127913, Location: Minneapolis, MN)
    Date Established: November 28, 1916
    WWW: http://www.e-pbc.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 11597
    FDIC's unique #: 6531
    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: January 01, 1934
    Last Structure Change Effective Date: April 17, 2006
    Last Structure Change Process Date: April 18, 2006
    Last Data Update: April 18, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 234 First Avenue East, Cambridge, MN 55008
    County: Isanti
    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 Summary
  • Total assets: $296.0 mil
    Equity capital: $37.1 mil
    Deposits held in domestic offices: $232.7 mil
    Return on assets (ROA): 0.94% ($2.8 mil)
    Quarterly return on assets: 0.48% ($1.4 mil)
    Return on Equity (ROE): 7.80% ($2.9 mil)
    Quarterly return on equity: 3.82% ($1.4 mil)
    Net income: $2.9 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.94% ($2,782.7 mil)
    Quarterly Pretax return on assets: 0.48% ($1,421.0 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
  • 70Total employees (full-time equivalent)
  • $296,033Total assets
  • $8,160Cash and due from depository institutions
  • $2,947Interest-bearing balances
  • $79,435Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $192,565Net loans & leases
  • $3,987Loan loss allowance
  • $0Trading account assets
  • $2,532Bank premises and fixed assets
  • $5,634Other real estate owned
  • $0Goodwill and other intangibles
  • $296,033Life insurance assets
  • $7,707All other assets
  • $258,920Total liabilities and capital
  • $232,728Total liabilities
  • $183,781Total deposits
  • $232,728Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 10090.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,000Trading liabilities
  • $0Other borrowed funds
  • $3,102Subordinated debt
  • $37,113All other liabilities
  • $37,113Total equity capital
  • $37,113Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $23,000Surplus
  • $13,113Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,165Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,605Income earned, not collected on loans
  • $362Earning assets
  • $1,097Long-term assets (5+ years)
  • $274,947Average Assets, year-to-date
  • $68,972Average Assets, quarterly
  • $304,442Volatile liabilities
  • $298,761Insider loans
  • $223,565FHLB advances
  • $299,817Loans and leases held for sale
  • $4,621Unused loan commitments
  • $4,621Tier 1 (core) risk-based capital
  • $34,398Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $24,951Restructured Loans and leases
  • $5,629Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,500Total interest income
  • $2,220Total interest expense
  • $13,280Net interest income
  • $1,250Provision for loan and lease losses
  • $1,590Total noninterest income
  • $0Fiduciary activities
  • $692Service charges on deposit accounts
  • $0Trading account gains & fees
  • $898Additional noninterest income
  • $10,767Total noninterest expense
  • $5,709Salaries and employee benefits
  • $1,460Premises and equipment expense
  • $3,598Additional noninterest expense
  • $2,853Pre-tax net operating income
  • $2Securities gains (losses)
  • $5Applicable income taxes
  • $2,850Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,850Net income attributable to bank
  • $0Net charge-offs
  • $2,850Cash dividends
  • $1,915Sale, conversion, retirement of capital stock, net
  • $2,167Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.48%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 4.69%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.80%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 0.94%Pretax return on assets
  • 7.80%Return on equity (ROE)
  • 1.87%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 65.27%Credit loss provision to net charge-offs
  • 2.14%Efficiency ratio
  • 72,408Assets per employee
  • 4.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.04%Loss allowance to loans
  • 2.03%Loss allowance to noncurrent loans
  • 34.36%Noncurrent assets plus other real estate owned to assets
  • 5.82%Noncurrent loans to loans
  • 5.90%Net loans and leases to deposits
  • 82.74%Net loans and leases to core deposits
  • 85.62%Equity capital to assets
  • 12.54%Core capital (leverage) ratio
  • 11.47%Tier 1 risk-based capital ratio
  • 15.39%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $304,442Average earning assets
  • $36,542Average equity
  • $282,994Average loans

List of branches

  • 6 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06531Peoples Bank Of Commerce234 First Avenue East, Cambridge, MN 55008November 28, 1916Full Service Brick and Mortar
    1221995East Bethel Branch21420 Aberdeen Street, Cedar, MN 55011June 16, 1980Full Service Brick and Mortar
    215677Princeton Branch209 South Rum River Drive, Princeton, MN 55371June 23, 1977Full Service Brick and Mortar
    3221996St Paul Branch43 East Kellogg Boulevard, Saint Paul, MN 55101August 12, 1996Full Service Brick and Mortar
    5425203East Cambridge Branch1990 Second Avenue S.E., Cambridge, MN 55008October 14, 2003Full Service Brick and Mortar
    6446184Edina Branch3316 West 66th Street, Edina, MN 55435December 19, 2005Full Service Brick and Mortar

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