FDIC Certificate #: 239 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:American Interstate Bank (#1439) Federal Reserve ID: 758440 Date Established: January 01, 1924 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) FDIC's unique #: 192 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 03, 2004 Last Structure Change Process Date: April 12, 2004 Last Data Update: April 12, 2004 Data Source Date: April 05, 2012
Location
Address: 223 Main Street, Manning, IA 51455 County: Carroll 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
Financial Summary
Total assets: $22.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
12Total employees (full-time equivalent)
$31,543Total assets
$2,739Cash and due from depository institutions
$512Interest-bearing balances
$1,637Securities
$1,452Federal funds sold & reverse repurchase agreements
$25,040Net loans & leases
$420Loan loss allowance
$0Trading account assets
$201Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$474All other assets
$31,543Total liabilities and capital
$27,915Total liabilities
$27,210Total deposits
$23,830Interest-bearing deposits
$27,210Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$705All other liabilities
$3,628Total equity capital
$3,628Total bank equity capital
$3,628Perpetual preferred stock
$0Common stock
$500Surplus
$2,310Undivided profits
Memoranda
$818Noncurrent loans and leases
$7,190Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$338Average Assets, year-to-date
$28,641Average Assets, quarterly
$6,781Volatile liabilities
$43,366Insider loans
$38,055FHLB advances
$2,631Loans and leases held for sale
$90Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,190Total unused commitments
$0Restructured Loans and leases
$312Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$2,497Total interest income
$726Total interest expense
$1,771Net interest income
-$52Provision for loan and lease losses
$1,239Total noninterest income
$0Fiduciary activities
$199Service charges on deposit accounts
$0Trading account gains & fees
$1,040Additional noninterest income
$1,062Total noninterest expense
$571Salaries and employee benefits
$219Premises and equipment expense
$272Additional noninterest expense
$2,000Pre-tax net operating income
$0Securities gains (losses)
$707Applicable income taxes
$1,293Income before extraordinary items
$0Extraordinary gains - net
$1,293Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$1,600Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.28%Yield on earning assets
1.82%Cost of funding earning assets
4.45%Net interest margin
3.11%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
2.98%Net operating income to assets
2.98%Return on assets (ROA)
4.61%Pretax return on assets
33.23%Return on equity (ROE)
-7.89%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
1733.33%Credit loss provision to net charge-offs
0.00%Efficiency ratio
35,282Assets per employee
2.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
123.74%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
92.02%Net loans and leases to core deposits
101.88%Equity capital to assets
11.50%Core capital (leverage) ratio
8.70%Tier 1 risk-based capital ratio
14.61%Total risk-based capital ratio
Memoranda
$16Average assets
$43,366Average earning assets
$3,891Average equity
$39,784Average loans
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