AmerUs Bank in Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 1998

  • AmerUs Bank in Des Moines, Iowa (IA)
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AmerUs Bank - Overview

  • General
  • FDIC Certificate #: 28254
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
    Federal Reserve ID: 699776
    Date Established: January 01, 1916
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1239
    FDIC's unique #: 41088
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 25, 1951
    Last Structure Change Effective Date: July 31, 1998
    Last Structure Change Process Date: October 08, 1998
    Last Data Update: July 28, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 801 Grand Avenue, Des Moines, IA 50309
    County: Polk
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $1,316.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 487Total employees (full-time equivalent)
  • $1,479,306Total assets
  • $36,042Cash and due from depository institutions
  • $7,361Interest-bearing balances
  • $138,917Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,231,982Net loans & leases
  • $11,708Loan loss allowance
  • $0Trading account assets
  • $19,980Bank premises and fixed assets
  • $2,825Other real estate owned
  • $5,525Goodwill and other intangibles
  • $0Life insurance assets
  • $44,035All other assets
  • $1,479,306Total liabilities and capital
  • $1,378,190Total liabilities
  • $963,896Total deposits
  • $904,203Interest-bearing deposits
  • $963,896Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $15,866Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $369,748Other borrowed funds
  • $0Subordinated debt
  • $28,680All other liabilities
  • $101,116Total equity capital
  • $101,116Total bank equity capital
  • $101,116Perpetual preferred stock
  • $0Common stock
  • $3Surplus
  • $44,929Undivided profits
  • Memoranda
  • $56,184Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $30,629Earning assets
  • $0Long-term assets (5+ years)
  • $11,537Average Assets, year-to-date
  • $1,378,260Average Assets, quarterly
  • $0Volatile liabilities
  • $1,371,510Insider loans
  • $1,424,323FHLB advances
  • $475,205Loans and leases held for sale
  • $326Unused loan commitments
  • $366,565Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $120,369Total unused commitments
  • $0Restructured Loans and leases
  • $1,069,986Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $112,224Total interest income
  • $66,008Total interest expense
  • $46,216Net interest income
  • $8,404Provision for loan and lease losses
  • $15,105Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,105Additional noninterest income
  • $44,503Total noninterest expense
  • $19,394Salaries and employee benefits
  • $12,569Premises and equipment expense
  • $12,540Additional noninterest expense
  • $8,414Pre-tax net operating income
  • $13,551Securities gains (losses)
  • $8,421Applicable income taxes
  • $13,544Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,544Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6,019Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.85%Yield on earning assets
  • 5.20%Cost of funding earning assets
  • 3.64%Net interest margin
  • 1.19%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 13.77%Return on equity (ROE)
  • 8.69%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 139.62%Credit loss provision to net charge-offs
  • 2.79%Efficiency ratio
  • 71,935Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.92%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 38.23%Noncurrent assets plus other real estate owned to assets
  • 2.22%Noncurrent loans to loans
  • 2.46%Net loans and leases to deposits
  • 127.81%Net loans and leases to core deposits
  • 140.91%Equity capital to assets
  • 6.84%Core capital (leverage) ratio
  • 6.79%Tier 1 risk-based capital ratio
  • 9.38%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,371,510Average earning assets
  • $98,358Average equity
  • $1,268,614Average loans

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