Unity Bank in city_name, state_name - Detailed Financial Reports, Location

Unity Bank in Rush City, Minnesota (MN)
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Unity Bank routing number info

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Unity Bank - Overview

General
FDIC Certificate #: 8545
Status: Active
Federal Reserve ID: 854052
Bank Holding Company (Regulatory Top Holder): Kimberly Leasing Corporation (RSSDID: 1122990, Location: Augusta, WI)
Date Established: April 18, 1882
WWW: http://www.unitybanking.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
FDIC's unique #: 5453
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 25, 2008
Last Structure Change Process Date: July 23, 2008
Last Data Update: July 23, 2008
Data Source Date: April 05, 2012
Location
Address: 1180 West 4th Street, Rush City, MN 55069
County: Chisago
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)
History of Changes
Office Purchased
Financial Summary
Total assets: $192.0 mil
Equity capital: $14.6 mil
Deposits held in domestic offices: $176.1 mil
Return on assets (ROA): 0.86% ($1.7 mil)
Quarterly return on assets: 1.47% ($2.8 mil)
Return on Equity (ROE): 11.43% ($1.7 mil)
Quarterly return on equity: 19.37% ($2.9 mil)
Net income: $1.6 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.86% ($1,651.6 mil)
Quarterly Pretax return on assets: 1.47% ($2,823.1 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
69Total employees (full-time equivalent)
$192,045Total assets
$23,090Cash and due from depository institutions
$21,433Interest-bearing balances
$13,819Securities
$0Federal funds sold & reverse repurchase agreements
$143,386Net loans & leases
$2,249Loan loss allowance
$0Trading account assets
$5,075Bank premises and fixed assets
$1,548Other real estate owned
$272Goodwill and other intangibles
$192,045Life insurance assets
$4,855All other assets
$177,397Total liabilities and capital
$176,091Total liabilities
$153,173Total deposits
$176,091Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,306Subordinated debt
$14,648All other liabilities
$14,648Total equity capital
$14,648Total bank equity capital
$0Perpetual preferred stock
$85Common stock
$9,915Surplus
$4,648Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,183Income earned, not collected on loans
$0Earning assets
$841Long-term assets (5+ years)
$178,638Average Assets, year-to-date
$25,898Average Assets, quarterly
$188,936Volatile liabilities
$192,393Insider loans
$137,580FHLB advances
$192,609Loans and leases held for sale
$2,822Unused loan commitments
$1,901Tier 1 (core) risk-based capital
$14,317Tier 2 risk-based capital
$0Total risk weighted assets
$921Total unused commitments
$11,587Restructured Loans and leases
$185Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,049Total interest income
$1,568Total interest expense
$8,481Net interest income
$875Provision for loan and lease losses
$1,043Total noninterest income
$0Fiduciary activities
$408Service charges on deposit accounts
$0Trading account gains & fees
$635Additional noninterest income
$7,024Total noninterest expense
$3,648Salaries and employee benefits
$1,068Premises and equipment expense
$2,308Additional noninterest expense
$1,625Pre-tax net operating income
$0Securities gains (losses)
$5Applicable income taxes
$1,620Income before extraordinary items
$0Extraordinary gains - net
$1,620Net income attributable to bank
$0Net charge-offs
$1,620Cash dividends
$526Sale, conversion, retirement of capital stock, net
$1,005Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.76%Yield on earning assets
0.90%Cost of funding earning assets
4.86%Net interest margin
0.60%Noninterest income to earning assets
4.02%Noninterest expense to earning assets
0.86%Net operating income to assets
0.86%Return on assets (ROA)
0.86%Pretax return on assets
11.43%Return on equity (ROE)
4.34%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
166.35%Credit loss provision to net charge-offs
4.75%Efficiency ratio
73,299Assets per employee
2.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
62.04%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
190.11%Noncurrent assets plus other real estate owned to assets
1.42%Noncurrent loans to loans
0.81%Net loans and leases to deposits
81.43%Net loans and leases to core deposits
89.65%Equity capital to assets
7.63%Core capital (leverage) ratio
7.43%Tier 1 risk-based capital ratio
10.41%Total risk-based capital ratio
Memoranda
$12Average assets
$188,936Average earning assets
$14,168Average equity
$174,592Average loans

List of branches

9 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	5453	Unity Bank	1180 West 4th Street, Rush City, MN 55069	April 18, 1882	Full Service Brick and Mortar
2	6221	Clarissa Branch	112 Main St, Bertha, MN 56437	August 20, 1915	Full Service Brick and Mortar
3	3425	Crosby Office	15 East Main Street, Crosby, MN 56441	January 01, 1910	Full Service Brick and Mortar
4	207115	Emily Branch	20948 County Rd 1, Emily, MN 56447	May 01, 1980	Full Service Brick and Mortar
6	5986	Staples Office	602 N.E. Fourth Street, Staples, MN 56479	Febuary 07, 1911	Full Service Brick and Mortar
8	219925	Motley Branch	1217 Hwy 10 S, Motley, MN 56466	June 28, 1999	Full Service Brick and Mortar
9	457981	Genola Office	26171 Highway 27, Pierz, MN 56364	November 15, 2006	Full Service Brick and Mortar
10	448849	Edina Branch	7101 Washington Avenue South, Edina, MN 55439	January 31, 2006	Full Service Brick and Mortar
11	487519	Brainerd Office	724 West Washington Street, Brainerd, MN 56401	January 02, 2009	Full Service Brick and Mortar

Unity Bank in Rush City, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Unity Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Unity Bank in Rush City, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Unity Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Unity Bank in Rush City, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches