Unity Bank, National Association in Crosby, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 30, 2006

  • Unity Bank, National Association in Crosby, Minnesota (MN)
  • Show street view No street view available for this location

Unity Bank, National Association - Overview

  • General
  • FDIC Certificate #: 5119
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Unity Bank (#8545)
    Federal Reserve ID: 156055
    Date Established: January 01, 1910
    WWW: http://www.unitybanking.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 3425
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 30, 2006
    Last Structure Change Process Date: January 12, 2007
    Last Data Update: January 12, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 15 East Main Street, Crosby, MN 56441
    County: Crow Wing
    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
    Core Based Statistical Area (CBSA): Brainerd, MN (#14660)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $57.9 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, 2005)

  • Dollar figures in thousands
  • 20Total employees (full-time equivalent)
  • $59,206Total assets
  • $1,380Cash and due from depository institutions
  • $0Interest-bearing balances
  • $23,924Securities
  • $2,226Federal funds sold & reverse repurchase agreements
  • $29,857Net loans & leases
  • $472Loan loss allowance
  • $0Trading account assets
  • $657Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,162All other assets
  • $59,206Total liabilities and capital
  • $54,185Total liabilities
  • $53,901Total deposits
  • $47,041Interest-bearing deposits
  • $53,901Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $284All other liabilities
  • $5,021Total equity capital
  • $5,021Total bank equity capital
  • $5,021Perpetual preferred stock
  • $0Common stock
  • $107Surplus
  • $927Undivided profits
  • Memoranda
  • $3,987Noncurrent loans and leases
  • $1,878Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $296Earning assets
  • $3Long-term assets (5+ years)
  • $382Average Assets, year-to-date
  • $56,007Average Assets, quarterly
  • $1,521Volatile liabilities
  • $55,100Insider loans
  • $58,632FHLB advances
  • $5,798Loans and leases held for sale
  • $711Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,878Total unused commitments
  • $0Restructured Loans and leases
  • $390Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $2,960Total interest income
  • $1,004Total interest expense
  • $1,956Net interest income
  • $45Provision for loan and lease losses
  • $227Total noninterest income
  • $0Fiduciary activities
  • $150Service charges on deposit accounts
  • $0Trading account gains & fees
  • $77Additional noninterest income
  • $1,466Total noninterest expense
  • $808Salaries and employee benefits
  • $322Premises and equipment expense
  • $336Additional noninterest expense
  • $672Pre-tax net operating income
  • -$1Securities gains (losses)
  • $1Applicable income taxes
  • $670Income before extraordinary items
  • $0Extraordinary gains - net
  • $670Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $509Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.71%Yield on earning assets
  • 1.94%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 13.32%Return on equity (ROE)
  • 3.20%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1500.00%Credit loss provision to net charge-offs
  • 239.00%Efficiency ratio
  • 67,155Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.97%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 159.46%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 55.39%Net loans and leases to core deposits
  • 62.07%Equity capital to assets
  • 8.48%Core capital (leverage) ratio
  • 9.09%Tier 1 risk-based capital ratio
  • 17.08%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $55,100Average earning assets
  • $5,032Average equity
  • $51,879Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Unity Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents