Boatmen's Bank of Kalona in Kalona, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 14, 1994

  • Boatmen's Bank of Kalona in Kalona, Iowa (IA)
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Boatmen's Bank of Kalona - Overview

  • General
  • FDIC Certificate #: 10900
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boatmen's Bank Iowa, National Association (#18064)
    Federal Reserve ID: 841249
    Date Established: July 04, 1892
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 6980
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 14, 1994
    Last Structure Change Process Date: November 15, 1994
    Last Data Update: November 15, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 5th Street, Kalona, IA 52247
    County: Washington
    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
    Core Based Statistical Area (CBSA): Iowa City, IA (#26980)
    CBSA Metro Statistical Area: Iowa City, IA (#26980)
  • Financial Summary
  • Total assets: $29.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $9Total assets
  • $26,485Cash and due from depository institutions
  • $1,180Interest-bearing balances
  • $0Securities
  • $11,885Federal funds sold & reverse repurchase agreements
  • $1,520Net loans & leases
  • $11,187Loan loss allowance
  • $318Trading account assets
  • $0Bank premises and fixed assets
  • $272Other real estate owned
  • $0Goodwill and other intangibles
  • $441Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $26,485Total liabilities
  • $23,991Total deposits
  • $22,845Interest-bearing deposits
  • $19,884Deposits held in domestic offices
  • 22845.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $976Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $170Total equity capital
  • $170Total bank equity capital
  • $2,494Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $1,100Undivided profits
  • Memoranda
  • $994Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $21Income earned, not collected on loans
  • $150Earning assets
  • $24,592Long-term assets (5+ years)
  • $9,396Average Assets, year-to-date
  • $26,243Average Assets, quarterly
  • $25,512Volatile liabilities
  • $1,692Insider loans
  • $302FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,823Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,479Total risk weighted assets
  • $12,492Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,847Total interest expense
  • $760Net interest income
  • $1,087Provision for loan and lease losses
  • -$50Total noninterest income
  • $158Fiduciary activities
  • $0Service charges on deposit accounts
  • $121Trading account gains & fees
  • $0Additional noninterest income
  • $37Total noninterest expense
  • $816Salaries and employee benefits
  • $357Premises and equipment expense
  • $91Additional noninterest expense
  • $368Pre-tax net operating income
  • $479Securities gains (losses)
  • $0Applicable income taxes
  • $173Income before extraordinary items
  • $306Extraordinary gains - net
  • $0Net income attributable to bank
  • $306Net charge-offs
  • -$107Cash dividends
  • $170Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.63%Cost of funding earning assets
  • 3.14%Net interest margin
  • 4.49%Noninterest income to earning assets
  • 0.65%Noninterest expense to earning assets
  • 3.37%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 1.83%Return on equity (ROE)
  • 12.70%Retained earnings to average equity (YTD only)
  • 5.65%Net charge-offs to loans
  • -0.90%Credit loss provision to net charge-offs
  • 46.73%Efficiency ratio
  • 65,542Assets per employee
  • 2.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.56%Loss allowance to loans
  • 2.76%Loss allowance to noncurrent loans
  • 1514.29%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 48.97%Net loans and leases to core deposits
  • 50.55%Equity capital to assets
  • 9.42%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 19.85%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $26,243Average earning assets
  • $2,409Average equity
  • $24,213Average loans

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