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

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

  • General
  • FDIC Certificate #: 10249
    Status: Active
    Federal Reserve ID: 680055
    Bank Holding Company (Regulatory Top Holder): Leeds Holding Company (RSSDID: 1124088, Location: Leeds, ND)
    Date Established: January 01, 1912
    WWW: http://www.ucbnd.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 6570
    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 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 Central Avenue South, Leeds, ND 58346
    County: Benson
    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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $236.0 mil
    Equity capital: $20.6 mil
    Deposits held in domestic offices: $210.3 mil
    Return on assets (ROA): 2.31% ($5.5 mil)
    Quarterly return on assets: 2.05% ($4.8 mil)
    Return on Equity (ROE): 27.48% ($5.8 mil)
    Quarterly return on equity: 23.56% ($4.9 mil)
    Net income: $5.0 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 2.45% ($5,781.5 mil)
    Quarterly Pretax return on assets: 2.15% ($5,073.6 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
  • 37Total employees (full-time equivalent)
  • $235,981Total assets
  • $11,149Cash and due from depository institutions
  • $144Interest-bearing balances
  • $45,730Securities
  • $10,000Federal funds sold & reverse repurchase agreements
  • $159,520Net loans & leases
  • $1,785Loan loss allowance
  • $0Trading account assets
  • $4,311Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $235,981Life insurance assets
  • $5,271All other assets
  • $215,394Total liabilities and capital
  • $210,333Total liabilities
  • $167,568Total deposits
  • $210,333Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $2,061Subordinated debt
  • $20,587All other liabilities
  • $20,587Total equity capital
  • $20,587Total bank equity capital
  • $0Perpetual preferred stock
  • $800Common stock
  • $7,256Surplus
  • $12,531Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2Income earned, not collected on loans
  • $0Earning assets
  • $2,457Long-term assets (5+ years)
  • $215,394Average Assets, year-to-date
  • $57,618Average Assets, quarterly
  • $215,802Volatile liabilities
  • $231,269Insider loans
  • $172,209FHLB advances
  • $236,848Loans and leases held for sale
  • $1,614Unused loan commitments
  • $1,614Tier 1 (core) risk-based capital
  • $19,177Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,312Restructured Loans and leases
  • $590Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,048Total interest income
  • $1,637Total interest expense
  • $10,411Net interest income
  • $540Provision for loan and lease losses
  • $599Total noninterest income
  • $0Fiduciary activities
  • $345Service charges on deposit accounts
  • $0Trading account gains & fees
  • $254Additional noninterest income
  • $5,318Total noninterest expense
  • $3,185Salaries and employee benefits
  • $447Premises and equipment expense
  • $1,686Additional noninterest expense
  • $5,152Pre-tax net operating income
  • $145Securities gains (losses)
  • $312Applicable income taxes
  • $4,985Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,985Net income attributable to bank
  • $0Net charge-offs
  • $4,985Cash dividends
  • $461Sale, conversion, retirement of capital stock, net
  • $2,265Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.12%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 5.29%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 2.25%Net operating income to assets
  • 2.31%Return on assets (ROA)
  • 2.45%Pretax return on assets
  • 27.48%Return on equity (ROE)
  • 15.00%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 117.14%Credit loss provision to net charge-offs
  • 12.35%Efficiency ratio
  • 48,302Assets per employee
  • 6.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.44%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 89250.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 75.84%Net loans and leases to core deposits
  • 79.72%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 11.14%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $215,802Average earning assets
  • $18,139Average equity
  • $196,771Average loans

List of branches

  • 4 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06570United Community Bank Of North Dakot105 Central Avenue South, Leeds, ND 58346January 01, 1912Full Service Brick and Mortar
    22554Burlington BranchJohnson Street South, Burlington, ND 58722January 01, 1906Full Service Brick and Mortar
    4202148Drake Branch120 Main Street, Drake, ND 58736October 01, 1994Full Service Brick and Mortar
    5222038Minot Branch925 20th Avenue Southwest, Minot, ND 58702January 27, 1997Full Service Brick and Mortar

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