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 Community Development Bank, FSB
Community Development Bank, FSB
| RSSD ID 168357 | CERTIFICATE 10568 | ABA NUMBER 91206224 |
| 516 Main St W |
Quarter Ended : |
2024-06-30 |
| Ogema, Minnesota, 56569 |
Updated : |
2024-09-19 |
| www.comdevbank.com |
Updates : |
| Institution Profile |
| Year Opened : |
1906 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
32 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 167,299 |
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Total Interest Income | 4,379 |
| Total Liabilities | 146,433 |
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Total NonInterest Income | 3,911 |
| Total Bank Equity Capital | 20,866 |
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Total Interest Expense | 1,093 |
| Total Deposits | 143,756 |
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Total NonInterest Expense | 2,505 |
| Net Loans & Leases | 77,792 |
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Net Income | 3,346 |
| Loan Loss Allowance | 1,534 |
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Net Charge Offs | 4 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 21,562 |
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Total loans | 97,887 |
| Total assets for the leverage ratio | 178,359 |
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Loans secured by real estate: | 71,485 |
| Tier 1 Leverage Ratio | 11.39 |
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Commercial and industrial loans | 8,989 |
| Tier 1 Capital Ratio | 20.4 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 21.65 |
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Loans to individuals - Other | 3,819 |
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:· Community Development Bank, FSB
