FDIC Certificate #: 19293 Status: Active Federal Reserve ID: 862945 Bank Holding Company (Regulatory Top Holder): Country Bancorporation (RSSDID: 1203910, Location: Crawfordsville, IA) Date Established: December 01, 1964 WWW:http://www.centerpointbank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12493 FDIC's unique #: 13106 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: December 01, 1964 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: 901 Bank Court, Center Point, IA 52213 County: Linn 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): Cedar Rapids, IA (#1360) Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300) CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $31.9 mil Equity capital: $2.6 mil Deposits held in domestic offices: $28.0 mil Return on assets (ROA): 1.20% ($0.4 mil) Quarterly return on assets: 1.11% ($0.4 mil) Return on Equity (ROE): 14.00% ($0.4 mil) Quarterly return on equity: 13.46% ($0.4 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.93% ($616.0 mil) Quarterly Pretax return on assets: 1.92% ($612.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$31,918Total assets
$2,421Cash and due from depository institutions
$631Interest-bearing balances
$5,548Securities
$0Federal funds sold & reverse repurchase agreements
$22,143Net loans & leases
$289Loan loss allowance
$0Trading account assets
$626Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$31,918Life insurance assets
$1,180All other assets
$29,329Total liabilities and capital
$27,981Total liabilities
$23,247Total deposits
$27,981Interest-bearing deposits
$91Deposits held in domestic offices
1126.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$222Subordinated debt
$2,589All other liabilities
$2,589Total equity capital
$2,589Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$550Surplus
$1,964Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1Income earned, not collected on loans
$0Earning assets
$179Long-term assets (5+ years)
$28,322Average Assets, year-to-date
$12,677Average Assets, quarterly
$29,430Volatile liabilities
$31,485Insider loans
$22,906FHLB advances
$31,058Loans and leases held for sale
$852Unused loan commitments
$852Tier 1 (core) risk-based capital
$2,489Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,887Restructured Loans and leases
$348Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,521Total interest income
$325Total interest expense
$1,196Net interest income
$47Provision for loan and lease losses
$164Total noninterest income
$0Fiduciary activities
$75Service charges on deposit accounts
$0Trading account gains & fees
$89Additional noninterest income
$745Total noninterest expense
$490Salaries and employee benefits
$123Premises and equipment expense
$132Additional noninterest expense
$568Pre-tax net operating income
$1Securities gains (losses)
$216Applicable income taxes
$353Income before extraordinary items
$0Extraordinary gains - net
$353Net income attributable to bank
$0Net charge-offs
$353Cash dividends
$0Sale, conversion, retirement of capital stock, net
$200Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.77%Yield on earning assets
1.23%Cost of funding earning assets
4.53%Net interest margin
0.62%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
1.20%Net operating income to assets
1.20%Return on assets (ROA)
1.93%Pretax return on assets
14.00%Return on equity (ROE)
6.07%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
54,779Assets per employee
3.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.66%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
28900.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
79.14%Net loans and leases to core deposits
80.58%Equity capital to assets
8.11%Core capital (leverage) ratio
8.01%Tier 1 risk-based capital ratio
10.87%Total risk-based capital ratio
Memoranda
$12Average assets
$29,430Average earning assets
$2,521Average equity
$26,379Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
13106
Center Point Bank And Trust Company
901 Bank Court, Center Point, IA 52213
December 01, 1964
Full Service Brick and Mortar
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