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Central Bank in Storm Lake, Iowa (IA)
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Central Bank routing number info

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Central Bank - Overview

General
FDIC Certificate #: 15555
Status: Active
Federal Reserve ID: 546544
Bank Holding Company (Regulatory Top Holder): Commercial Financial Corp (RSSDID: 1978674, Location: Storm Lake, IA)
Date Established: January 01, 1879
WWW: http://www.centralbankonline.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 10364
FDIC's unique #: 9849
Numeric code: 13
Regulator: FED
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: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
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: 600 Lake Avenue, Storm Lake, IA 50588
County: Buena Vista
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Storm Lake, IA (#44740)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $459.8 mil
Equity capital: $53.2 mil
Deposits held in domestic offices: $392.7 mil
Return on assets (ROA): 1.08% ($5.0 mil)
Quarterly return on assets: 1.50% ($6.9 mil)
Return on Equity (ROE): 9.92% ($5.3 mil)
Quarterly return on equity: 12.58% ($6.7 mil)
Net income: $4.7 mil
Quarterly Net income: $1.7 mil
Pretax return on assets: 1.66% ($7,633.5 mil)
Quarterly Pretax return on assets: 2.33% ($10,714.5 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
111Total employees (full-time equivalent)
$459,848Total assets
$30,064Cash and due from depository institutions
$18,899Interest-bearing balances
$17,829Securities
$0Federal funds sold & reverse repurchase agreements
$389,585Net loans & leases
$5,539Loan loss allowance
$0Trading account assets
$10,500Bank premises and fixed assets
$250Other real estate owned
$1,082Goodwill and other intangibles
$459,848Life insurance assets
$10,538All other assets
$406,621Total liabilities and capital
$392,667Total liabilities
$325,893Total deposits
$392,667Interest-bearing deposits
$86Deposits held in domestic offices
1580.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,000Trading liabilities
$0Other borrowed funds
$1,374Subordinated debt
$53,227All other liabilities
$53,227Total equity capital
$53,227Total bank equity capital
$0Perpetual preferred stock
$615Common stock
$37,562Surplus
$15,050Undivided profits
Memoranda
$0Noncurrent loans and leases
$7,062Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,248Income earned, not collected on loans
$46Earning assets
$2,525Long-term assets (5+ years)
$426,313Average Assets, year-to-date
$47,191Average Assets, quarterly
$436,838Volatile liabilities
$449,629Insider loans
$439,284FHLB advances
$450,408Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$51,646Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$62,291Restructured Loans and leases
$508Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$21,717Total interest income
$4,420Total interest expense
$17,297Net interest income
$1,900Provision for loan and lease losses
$4,456Total noninterest income
$62Fiduciary activities
$1,348Service charges on deposit accounts
$0Trading account gains & fees
$3,046Additional noninterest income
$12,594Total noninterest expense
$8,180Salaries and employee benefits
$1,135Premises and equipment expense
$3,279Additional noninterest expense
$7,259Pre-tax net operating income
-$18Securities gains (losses)
$2,530Applicable income taxes
$4,711Income before extraordinary items
$0Extraordinary gains - net
$4,711Net income attributable to bank
$0Net charge-offs
$4,711Cash dividends
$1,584Sale, conversion, retirement of capital stock, net
$10,550Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.34%Yield on earning assets
1.09%Cost of funding earning assets
4.25%Net interest margin
1.10%Noninterest income to earning assets
3.10%Noninterest expense to earning assets
1.08%Net operating income to assets
1.08%Return on assets (ROA)
1.66%Pretax return on assets
9.92%Return on equity (ROE)
-12.30%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
119.95%Credit loss provision to net charge-offs
5.78%Efficiency ratio
57,302Assets per employee
4.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
223.94%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
130.39%Noncurrent assets plus other real estate owned to assets
0.98%Noncurrent loans to loans
1.08%Net loans and leases to deposits
99.22%Net loans and leases to core deposits
109.98%Equity capital to assets
11.57%Core capital (leverage) ratio
11.47%Tier 1 risk-based capital ratio
11.76%Total risk-based capital ratio
Memoranda
$13Average assets
$436,838Average earning assets
$47,480Average equity
$406,664Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$20,138Managed Assets
1Number of Accounts
$11,125Personal trust and agency accounts
$10,006Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$1,119Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
136Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$9,013Other retirement accounts
$4,558Corporate trust and agency accounts
$0Other fiduciary accounts
$4,455Fiduciary accounts held in foreign offices

List of branches

9 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9849	Central Bank	600 Lake Avenue, Storm Lake, IA 50588	January 01, 1879	Full Service Brick and Mortar
1	234537	Drive-In Branch	1237 Lake Avenue, Storm Lake, IA 50588	June 28, 1978	Limited Service Facility
3	6467	Cherokee Central Trust Branch	201 West Main Street, Cherokee, IA 51012	May 01, 1931	Full Service Brick and Mortar
4	221884	Quimby Branch	119 North Main, Quimby, IA 51049	April 11, 1940	Limited Service Facility
5	221885	Washta Branch	Main Street, Washta, IA 51061	August 01, 1931	Limited Service Facility
6	263121	Cherokee Branch	2 Bow Drive, Cherokee, IA 51012	January 01, 1923	Limited Service Facility
7	362876	522 Fourth Street Branch	504 Fourth Street Branch, Sioux City, IA 51101	December 18, 2001	Full Service Brick and Mortar
8	9695	Spirit Lake Branch	1400 18th Street, Spirit Lake, IA 51360	January 01, 1935	Full Service Brick and Mortar
9	465474	Central Bank - Hamilton Branch	2906 Hamilton Blvd, Sioux City, IA 51104	October 27, 2006	Full Service Brick and Mortar

Central Bank in Storm Lake, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Central Bank in Storm Lake, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Central Bank in Storm Lake, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches