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

This bank is inactive as of March 31, 2011

  • Bank Iowa in Humboldt, Iowa (IA)
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Bank Iowa - Overview

  • General
  • FDIC Certificate #: 10130
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank Iowa (#14521)
    Federal Reserve ID: 919942
    Date Established: January 01, 1927
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 14364
    FDIC's unique #: 6482
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2011
    Last Structure Change Process Date: April 07, 2011
    Last Data Update: April 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 506 Sumner Avenue, Humboldt, IA 50548
    County: Humboldt
    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: $171.5 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, 2010)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $171,523Total assets
  • $10,920Cash and due from depository institutions
  • $8,323Interest-bearing balances
  • $53,028Securities
  • $805Federal funds sold & reverse repurchase agreements
  • $99,356Net loans & leases
  • $1,211Loan loss allowance
  • $0Trading account assets
  • $1,504Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $2,465Life insurance assets
  • $5,910All other assets
  • $171,523Total liabilities and capital
  • $157,567Total liabilities
  • $141,291Total deposits
  • $118,247Interest-bearing deposits
  • $141,291Deposits held in domestic offices
  • 87.66%% insured (estimated)
  • $9,323Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,600Other borrowed funds
  • $0Subordinated debt
  • $353All other liabilities
  • $13,956Total equity capital
  • $13,956Total bank equity capital
  • $13,956Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $2,000Undivided profits
  • Memoranda
  • $11,156Noncurrent loans and leases
  • $18,674Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $601Earning assets
  • $531Long-term assets (5+ years)
  • $1,945Average Assets, year-to-date
  • $161,512Average Assets, quarterly
  • $70,320Volatile liabilities
  • $171,246Insider loans
  • $171,417FHLB advances
  • $44,239Loans and leases held for sale
  • $254Unused loan commitments
  • $6,600Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,674Total unused commitments
  • $0Restructured Loans and leases
  • $1,211Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $7,106Total interest income
  • $1,977Total interest expense
  • $5,129Net interest income
  • $400Provision for loan and lease losses
  • $913Total noninterest income
  • $15Fiduciary activities
  • $440Service charges on deposit accounts
  • $0Trading account gains & fees
  • $458Additional noninterest income
  • $3,009Total noninterest expense
  • $1,785Salaries and employee benefits
  • $379Premises and equipment expense
  • $845Additional noninterest expense
  • $2,633Pre-tax net operating income
  • $0Securities gains (losses)
  • $128Applicable income taxes
  • $2,505Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,505Net income attributable to bank
  • $0Net charge-offs
  • $2,505Cash dividends
  • $310Sale, conversion, retirement of capital stock, net
  • $1,744Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.44%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.21%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 1.88%Noninterest expense to earning assets
  • 1.46%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 18.08%Return on equity (ROE)
  • 5.49%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 129.03%Credit loss provision to net charge-offs
  • 9.78%Efficiency ratio
  • 49,801Assets per employee
  • 5.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.62%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 201.50%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 70.32%Net loans and leases to core deposits
  • 92.53%Equity capital to assets
  • 8.14%Core capital (leverage) ratio
  • 7.93%Tier 1 risk-based capital ratio
  • 12.02%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $171,246Average earning assets
  • $13,857Average equity
  • $159,953Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $9,714Managed Assets
  • 1Number of Accounts
  • $8,898Personal trust and agency accounts
  • $8,825Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $73Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 141Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $816Other retirement accounts
  • $816Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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