BankIowa in Waterloo, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 19, 1999

  • BankIowa in Waterloo, Iowa (IA)
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BankIowa - Overview

  • General
  • FDIC Certificate #: 12860
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BankIowa of Cedar Rapids (#17282)
    Federal Reserve ID: 737548
    Date Established: Febuary 14, 1921
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 12696
    FDIC's unique #: 8141
    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: March 19, 1999
    Last Structure Change Process Date: May 06, 1999
    Last Data Update: May 06, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 2218 Crossroads Boulevard, Waterloo, IA 50702
    County: Black Hawk
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Waterloo-Cedar Falls, IA (#8920)
    Core Based Statistical Area (CBSA): Waterloo-Cedar Falls, IA (#47940)
    CBSA Metro Statistical Area: Waterloo-Cedar Falls, IA (#47940)
  • Financial Summary
  • Total assets: $209.8 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 72Total employees (full-time equivalent)
  • $209,836Total assets
  • $4,786Cash and due from depository institutions
  • $37Interest-bearing balances
  • $37,327Securities
  • $12,762Federal funds sold & reverse repurchase agreements
  • $143,929Net loans & leases
  • $1,546Loan loss allowance
  • $0Trading account assets
  • $2,413Bank premises and fixed assets
  • $0Other real estate owned
  • $3,461Goodwill and other intangibles
  • $0Life insurance assets
  • $5,158All other assets
  • $209,836Total liabilities and capital
  • $189,802Total liabilities
  • $180,553Total deposits
  • $158,123Interest-bearing deposits
  • $180,553Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,035Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,000Other borrowed funds
  • $0Subordinated debt
  • $2,214All other liabilities
  • $20,034Total equity capital
  • $20,034Total bank equity capital
  • $20,034Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $8,450Undivided profits
  • Memoranda
  • $10,584Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $326Earning assets
  • $0Long-term assets (5+ years)
  • $2,222Average Assets, year-to-date
  • $194,055Average Assets, quarterly
  • $31,414Volatile liabilities
  • $202,742Insider loans
  • $205,098FHLB advances
  • $22,444Loans and leases held for sale
  • $1,109Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,220Total risk weighted assets
  • $23,575Total unused commitments
  • $0Restructured Loans and leases
  • $149,110Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $15,055Total interest income
  • $7,902Total interest expense
  • $7,153Net interest income
  • $320Provision for loan and lease losses
  • $1,473Total noninterest income
  • $95Fiduciary activities
  • $609Service charges on deposit accounts
  • $0Trading account gains & fees
  • $769Additional noninterest income
  • $6,494Total noninterest expense
  • $3,208Salaries and employee benefits
  • $641Premises and equipment expense
  • $2,645Additional noninterest expense
  • $1,812Pre-tax net operating income
  • $239Securities gains (losses)
  • $194Applicable income taxes
  • $1,857Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,857Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $150Sale, conversion, retirement of capital stock, net
  • $2,720Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.05%Yield on earning assets
  • 4.22%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.47%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 9.52%Return on equity (ROE)
  • -4.42%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 210.53%Credit loss provision to net charge-offs
  • 14.21%Efficiency ratio
  • 72,142Assets per employee
  • 2.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 146.47%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 474.23%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 79.72%Net loans and leases to core deposits
  • 89.87%Equity capital to assets
  • 9.55%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 10.28%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $202,742Average earning assets
  • $19,509Average equity
  • $187,117Average loans

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