Ankeny State Bank in Ankeny, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 15, 1993

  • Ankeny State Bank in Ankeny, Iowa (IA)
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Ankeny State Bank - Overview

  • General
  • FDIC Certificate #: 242
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Community State Bank, National Association (#18272)
    Federal Reserve ID: 790543
    Date Established: July 01, 1933
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 194
    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: May 15, 1993
    Last Structure Change Process Date: June 17, 1993
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 817 North Ankeny Boulevard, Ankeny, IA 50021
    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
  • Consolidated - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $100.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $51Total assets
  • $96,174Cash and due from depository institutions
  • $3,612Interest-bearing balances
  • $0Securities
  • $27,820Federal funds sold & reverse repurchase agreements
  • $1,025Net loans & leases
  • $59,668Loan loss allowance
  • $631Trading account assets
  • $0Bank premises and fixed assets
  • $1,880Other real estate owned
  • $0Goodwill and other intangibles
  • $1,311Life insurance assets
  • $858All other assets
  • $0Total liabilities and capital
  • $96,174Total liabilities
  • $87,462Total deposits
  • $86,926Interest-bearing deposits
  • $74,696Deposits held in domestic offices
  • 86926.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $536Total equity capital
  • $536Total bank equity capital
  • $8,712Perpetual preferred stock
  • $0Common stock
  • $580Surplus
  • $2,674Undivided profits
  • Memoranda
  • $5,458Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $379Income earned, not collected on loans
  • $789Earning assets
  • $88,513Long-term assets (5+ years)
  • $5,002Average Assets, year-to-date
  • $96,287Average Assets, quarterly
  • $96,969Volatile liabilities
  • $2,515Insider loans
  • $19FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $12,398Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,854Total risk weighted assets
  • $58,884Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,426Total interest expense
  • $3,465Net interest income
  • $4,961Provision for loan and lease losses
  • $147Total noninterest income
  • $762Fiduciary activities
  • $0Service charges on deposit accounts
  • $575Trading account gains & fees
  • $0Additional noninterest income
  • $187Total noninterest expense
  • $3,006Salaries and employee benefits
  • $1,435Premises and equipment expense
  • $539Additional noninterest expense
  • $1,032Pre-tax net operating income
  • $2,570Securities gains (losses)
  • $194Applicable income taxes
  • $1,011Income before extraordinary items
  • $1,753Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,753Net charge-offs
  • $69Cash dividends
  • $348Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.51%Cost of funding earning assets
  • 3.91%Net interest margin
  • 5.60%Noninterest income to earning assets
  • 0.86%Noninterest expense to earning assets
  • 3.39%Net operating income to assets
  • 1.69%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 2.87%Return on equity (ROE)
  • 21.92%Retained earnings to average equity (YTD only)
  • 17.57%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • 213.04%Efficiency ratio
  • 51,284Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.85%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 166.49%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.63%Net loans and leases to deposits
  • 68.64%Net loans and leases to core deposits
  • 70.69%Equity capital to assets
  • 9.06%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 13.34%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $96,287Average earning assets
  • $7,996Average equity
  • $88,620Average loans

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