Brenton Bank of Palo Alto County in Emmetsburg, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1995

Brenton Bank of Palo Alto County in Emmetsburg, Iowa (IA)
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Brenton Bank of Palo Alto County - Overview

General
FDIC Certificate #: 15863
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Brenton Bank (#20740)
Federal Reserve ID: 611844
Date Established: January 01, 1929
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 10100
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: November 28, 1941
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: 11th And Broadway, Emmetsburg, IA 50536
County: Palo Alto
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: $55.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$19Total assets
$57,869Cash and due from depository institutions
$3,039Interest-bearing balances
$0Securities
$14,760Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$38,604Loan loss allowance
$404Trading account assets
$0Bank premises and fixed assets
$291Other real estate owned
$18Goodwill and other intangibles
$1,140Life insurance assets
$17All other assets
$0Total liabilities and capital
$57,869Total liabilities
$53,536Total deposits
$51,766Interest-bearing deposits
$45,845Deposits held in domestic offices
51766.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$1,350Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$420Total equity capital
$420Total bank equity capital
$4,333Perpetual preferred stock
$0Common stock
$500Surplus
$2,000Undivided profits
Memoranda
$1,833Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$77Income earned, not collected on loans
$749Earning assets
$53,364Long-term assets (5+ years)
$12,114Average Assets, year-to-date
$57,305Average Assets, quarterly
$57,388Volatile liabilities
$4,947Insider loans
$938FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,073Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,501Total risk weighted assets
$42,101Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,934Total interest expense
$1,607Net interest income
$2,327Provision for loan and lease losses
$54Total noninterest income
$401Fiduciary activities
$0Service charges on deposit accounts
$244Trading account gains & fees
$0Additional noninterest income
$157Total noninterest expense
$1,676Salaries and employee benefits
$736Premises and equipment expense
$112Additional noninterest expense
$828Pre-tax net operating income
$998Securities gains (losses)
$0Applicable income taxes
$278Income before extraordinary items
$720Extraordinary gains - net
$0Net income attributable to bank
$720Net charge-offs
$8Cash dividends
$650Sale, 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
7.30%Cost of funding earning assets
2.98%Net interest margin
4.32%Noninterest income to earning assets
0.74%Noninterest expense to earning assets
3.11%Net operating income to assets
1.26%Return on assets (ROA)
1.26%Pretax return on assets
1.74%Return on equity (ROE)
16.32%Retained earnings to average equity (YTD only)
1.59%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
675.00%Efficiency ratio
61,364Assets per employee
3.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
90.28%Loss allowance to loans
1.04%Loss allowance to noncurrent loans
524.68%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.20%Net loans and leases to deposits
74.57%Net loans and leases to core deposits
80.14%Equity capital to assets
7.49%Core capital (leverage) ratio
7.98%Tier 1 risk-based capital ratio
10.69%Total risk-based capital ratio
Memoranda
$12Average assets
$57,305Average earning assets
$4,411Average equity
$53,885Average loans

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