FDIC Certificate #: 18820 Status: Active Federal Reserve ID: 1005851 Bank Holding Company (Regulatory Top Holder): Cedar Rapids State Company (RSSDID: 1065202, Location: Cedar Rapids, NE) Date Established: May 25, 1936 WWW:http://www.cedarrapidsstatebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 53546 FDIC's unique #: 12678 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: June 26, 1963 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 213 W Main St, Cedar Rapids, NE 68627 County: Boone Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Island Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $32.7 mil Equity capital: $2.6 mil Deposits held in domestic offices: $23.3 mil Return on assets (ROA): 0.53% ($0.2 mil) Quarterly return on assets: 0.14% ($0.0 mil) Return on Equity (ROE): 6.55% ($0.2 mil) Quarterly return on equity: 1.81% ($0.1 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.65% ($212.4 mil) Quarterly Pretax return on assets: 0.20% ($65.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$32,672Total assets
$529Cash and due from depository institutions
$0Interest-bearing balances
$2,741Securities
$0Federal funds sold & reverse repurchase agreements
$27,871Net loans & leases
$266Loan loss allowance
$0Trading account assets
$460Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$32,672Life insurance assets
$1,071All other assets
$30,059Total liabilities and capital
$23,265Total liabilities
$20,519Total deposits
$23,265Interest-bearing deposits
$92Deposits held in domestic offices
52.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,686Trading liabilities
$0Other borrowed funds
$56Subordinated debt
$2,613All other liabilities
$2,613Total equity capital
$2,613Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,300Surplus
$213Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$568Long-term assets (5+ years)
$30,612Average Assets, year-to-date
$4,558Average Assets, quarterly
$32,205Volatile liabilities
$33,203Insider loans
$27,370FHLB advances
$32,591Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,613Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,255Restructured Loans and leases
$72Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,820Total interest income
$697Total interest expense
$1,123Net interest income
$23Provision for loan and lease losses
$70Total noninterest income
$0Fiduciary activities
$52Service charges on deposit accounts
$0Trading account gains & fees
$18Additional noninterest income
$961Total noninterest expense
$592Salaries and employee benefits
$66Premises and equipment expense
$303Additional noninterest expense
$209Pre-tax net operating income
$1Securities gains (losses)
$40Applicable income taxes
$170Income before extraordinary items
$0Extraordinary gains - net
$170Net income attributable to bank
$0Net charge-offs
$170Cash dividends
-$11Sale, conversion, retirement of capital stock, net
$80Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.98%Yield on earning assets
2.29%Cost of funding earning assets
3.69%Net interest margin
0.23%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
0.53%Net operating income to assets
0.53%Return on assets (ROA)
0.65%Pretax return on assets
6.55%Return on equity (ROE)
3.47%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-209.09%Credit loss provision to net charge-offs
0.00%Efficiency ratio
80,553Assets per employee
4.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.06%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
119.80%Net loans and leases to core deposits
130.00%Equity capital to assets
8.00%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
9.55%Total risk-based capital ratio
Memoranda
$11Average assets
$32,205Average earning assets
$2,597Average equity
$30,427Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12678
Cedar Rapids State Bank
213 W Main St, Cedar Rapids, NE 68627
May 25, 1936
Full Service Brick and Mortar
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