Brenton Bank and Trust Company in Clarion, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1995

  • Brenton Bank and Trust Company in Clarion, Iowa (IA)
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Brenton Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 16572
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Brenton Bank (#20740)
    Federal Reserve ID: 206745
    Date Established: May 10, 1947
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 10719
    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: May 10, 1947
    Last Structure Change Effective Date: September 30, 1995
    Last Structure Change Process Date: October 20, 1995
    Last Data Update: October 20, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 119 Central Avenue West, Clarion, IA 50525
    County: Wright
    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: $53.4 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $52,610Cash and due from depository institutions
  • $1,511Interest-bearing balances
  • $0Securities
  • $16,741Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $32,452Loan loss allowance
  • $578Trading account assets
  • $0Bank premises and fixed assets
  • $756Other real estate owned
  • $9Goodwill and other intangibles
  • $1,140Life insurance assets
  • $1All other assets
  • $0Total liabilities and capital
  • $52,610Total liabilities
  • $48,294Total deposits
  • $45,959Interest-bearing deposits
  • $42,967Deposits held in domestic offices
  • 45959.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $2,010Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $325Total equity capital
  • $325Total bank equity capital
  • $4,316Perpetual preferred stock
  • $0Common stock
  • $836Surplus
  • $2,164Undivided profits
  • Memoranda
  • $1,316Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $55Income earned, not collected on loans
  • $525Earning assets
  • $49,193Long-term assets (5+ years)
  • $15,514Average Assets, year-to-date
  • $53,071Average Assets, quarterly
  • $52,253Volatile liabilities
  • $3,948Insider loans
  • $1,162FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,589Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,670Total risk weighted assets
  • $36,795Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,544Total interest expense
  • $1,530Net interest income
  • $2,014Provision for loan and lease losses
  • $0Total noninterest income
  • $272Fiduciary activities
  • $0Service charges on deposit accounts
  • $177Trading account gains & fees
  • $0Additional noninterest income
  • $95Total noninterest expense
  • $1,738Salaries and employee benefits
  • $666Premises and equipment expense
  • $212Additional noninterest expense
  • $860Pre-tax net operating income
  • $548Securities gains (losses)
  • -$11Applicable income taxes
  • $61Income before extraordinary items
  • $476Extraordinary gains - net
  • $0Net income attributable to bank
  • $476Net charge-offs
  • $19Cash dividends
  • $475Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.11%Cost of funding earning assets
  • 3.07%Net interest margin
  • 4.04%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.49%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 1.01%Return on equity (ROE)
  • 10.49%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 0.06%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 76,028Assets per employee
  • 2.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.79%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 1050.91%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 70.61%Net loans and leases to core deposits
  • 73.72%Equity capital to assets
  • 8.20%Core capital (leverage) ratio
  • 8.92%Tier 1 risk-based capital ratio
  • 12.69%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $53,071Average earning assets
  • $4,537Average equity
  • $49,829Average loans

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