United Community Bank in Burlington, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

  • United Community Bank in Burlington, North Dakota (ND)
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United Community Bank - Overview

  • General
  • FDIC Certificate #: 3918
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Community Bank of North Dakota (#10249)
    Federal Reserve ID: 651055
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 13748
    FDIC's unique #: 2554
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: Febuary 13, 1997
    Last Data Update: Febuary 13, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 900 Johnson Street, Burlington, ND 58722
    County: Ward
    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
    Core Based Statistical Area (CBSA): Minot, ND (#33500)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $31.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $31,166Cash and due from depository institutions
  • $781Interest-bearing balances
  • $0Securities
  • $6,148Federal funds sold & reverse repurchase agreements
  • $1,525Net loans & leases
  • $20,512Loan loss allowance
  • $237Trading account assets
  • $0Bank premises and fixed assets
  • $1,603Other real estate owned
  • $0Goodwill and other intangibles
  • $582Life insurance assets
  • $15All other assets
  • $0Total liabilities and capital
  • $31,166Total liabilities
  • $28,907Total deposits
  • $28,427Interest-bearing deposits
  • $25,298Deposits held in domestic offices
  • 28427.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $480Total equity capital
  • $480Total bank equity capital
  • $2,259Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $1,416Undivided profits
  • Memoranda
  • $343Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $177Income earned, not collected on loans
  • $446Earning assets
  • $28,185Long-term assets (5+ years)
  • $2,528Average Assets, year-to-date
  • $26,722Average Assets, quarterly
  • $30,216Volatile liabilities
  • $3,817Insider loans
  • $10FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,791Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,245Total risk weighted assets
  • $23,384Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,298Total interest expense
  • $1,017Net interest income
  • $1,281Provision for loan and lease losses
  • $101Total noninterest income
  • $135Fiduciary activities
  • $0Service charges on deposit accounts
  • $88Trading account gains & fees
  • $0Additional noninterest income
  • $47Total noninterest expense
  • $825Salaries and employee benefits
  • $430Premises and equipment expense
  • $152Additional noninterest expense
  • $243Pre-tax net operating income
  • $490Securities gains (losses)
  • $0Applicable income taxes
  • $185Income before extraordinary items
  • $305Extraordinary gains - net
  • $0Net income attributable to bank
  • $305Net charge-offs
  • $49Cash dividends
  • $125Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.36%Cost of funding earning assets
  • 4.14%Net interest margin
  • 5.22%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.36%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 1.83%Return on equity (ROE)
  • 16.20%Retained earnings to average equity (YTD only)
  • 9.56%Net charge-offs to loans
  • 0.28%Credit loss provision to net charge-offs
  • 206.12%Efficiency ratio
  • 58,263Assets per employee
  • 1.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.98%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 133.90%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 72.16%Net loans and leases to core deposits
  • 83.35%Equity capital to assets
  • 7.25%Core capital (leverage) ratio
  • 7.48%Tier 1 risk-based capital ratio
  • 9.60%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $26,722Average earning assets
  • $1,882Average equity
  • $24,542Average loans

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