Central State Bank in city_name, state_name - Detailed Financial Reports, Location

Central State Bank in Muscatine, Iowa (IA)
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Central State Bank routing number info

Central State Bank - Overview

General
FDIC Certificate #: 1552
Status: Active
Federal Reserve ID: 830542
Bank Holding Company (Regulatory Top Holder): Central Bancshares, Inc. (RSSDID: 1203899, Location: Muscatine, IA)
Date Established: June 13, 1933
WWW: http://www.centralstate.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 12483
FDIC's unique #: 1021
Numeric code: 13
Regulator: FED
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: 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: 301 Iowa Avenue, Muscatine, IA 52761
County: Muscatine
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
Core Based Statistical Area (CBSA): Muscatine, IA (#34700)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $300.1 mil
Equity capital: $26.7 mil
Deposits held in domestic offices: $248.7 mil
Return on assets (ROA): 0.90% ($2.7 mil)
Quarterly return on assets: 1.10% ($3.3 mil)
Return on Equity (ROE): 10.43% ($2.8 mil)
Quarterly return on equity: 12.40% ($3.3 mil)
Net income: $2.6 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.10% ($3,300.9 mil)
Quarterly Pretax return on assets: 1.43% ($4,291.2 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
64Total employees (full-time equivalent)
$300,082Total assets
$15,882Cash and due from depository institutions
$4,429Interest-bearing balances
$116,128Securities
$3,350Federal funds sold & reverse repurchase agreements
$146,148Net loans & leases
$2,983Loan loss allowance
$0Trading account assets
$5,142Bank premises and fixed assets
$1,746Other real estate owned
$611Goodwill and other intangibles
$300,082Life insurance assets
$11,075All other assets
$273,375Total liabilities and capital
$248,676Total liabilities
$212,762Total deposits
$248,676Interest-bearing deposits
$87Deposits held in domestic offices
10251.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,000Trading liabilities
$0Other borrowed funds
$4,448Subordinated debt
$26,707All other liabilities
$26,707Total equity capital
$26,707Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$10,600Surplus
$15,107Undivided profits
Memoranda
$0Noncurrent loans and leases
$139Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,814Income earned, not collected on loans
$0Earning assets
$1,697Long-term assets (5+ years)
$270,055Average Assets, year-to-date
$101,834Average Assets, quarterly
$293,441Volatile liabilities
$301,163Insider loans
$183,342FHLB advances
$299,988Loans and leases held for sale
$6,445Unused loan commitments
$6,445Tier 1 (core) risk-based capital
$26,581Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$31,161Restructured Loans and leases
$189Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,222Total interest income
$2,581Total interest expense
$8,641Net interest income
$600Provision for loan and lease losses
$3,216Total noninterest income
$537Fiduciary activities
$796Service charges on deposit accounts
$0Trading account gains & fees
$1,883Additional noninterest income
$8,072Total noninterest expense
$3,466Salaries and employee benefits
$633Premises and equipment expense
$3,973Additional noninterest expense
$3,185Pre-tax net operating income
$38Securities gains (losses)
$586Applicable income taxes
$2,637Income before extraordinary items
$0Extraordinary gains - net
$2,637Net income attributable to bank
$0Net charge-offs
$2,637Cash dividends
$889Sale, conversion, retirement of capital stock, net
$702Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.22%Yield on earning assets
0.97%Cost of funding earning assets
3.25%Net interest margin
1.21%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
0.89%Net operating income to assets
0.90%Return on assets (ROA)
1.10%Pretax return on assets
10.43%Return on equity (ROE)
7.65%Retained earnings to average equity (YTD only)
0.60%Net charge-offs to loans
67.49%Credit loss provision to net charge-offs
4.26%Efficiency ratio
68,027Assets per employee
4.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.62%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
61.97%Noncurrent assets plus other real estate owned to assets
2.19%Noncurrent loans to loans
3.23%Net loans and leases to deposits
58.77%Net loans and leases to core deposits
59.82%Equity capital to assets
8.90%Core capital (leverage) ratio
8.86%Tier 1 risk-based capital ratio
14.50%Total risk-based capital ratio
Memoranda
$16Average assets
$293,441Average earning assets
$25,279Average equity
$266,028Average 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
$112,549Managed Assets
1Number of Accounts
$79,428Personal trust and agency accounts
$32,437Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$10,150Corporate trust and agency accounts
$1,952Investment management agency accounts
$34,889Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
362Number of Accounts
$0Personal trust and agency accounts
$10,150Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$33,121Other retirement accounts
$130Corporate trust and agency accounts
$0Other fiduciary accounts
$2,404Fiduciary accounts held in foreign offices

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1021	Central State Bank	301 Iowa Avenue, Muscatine, IA 52761	June 13, 1933	Full Service Brick and Mortar
2	189809	Park Avenue Branch	1521 Park Avenue, Muscatine, IA 52761	Febuary 15, 1971	Full Service Brick and Mortar
4	189811	Grandview Avenue Branch	410 Grandview Avenue, Muscatine, IA 52761	January 31, 1977	Full Service Brick and Mortar
6	280115	Hyvee Branch	2400 Second Avenue, Muscatine, IA 52761	July 31, 1998	Full Service Retail
7	465508	Wilton Branch	710 W.5th St, Wilton, IA 52778	October 09, 2006	Full Service Brick and Mortar

Central State Bank in Muscatine, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Central State 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 State Bank in Muscatine, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Central State 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 State Bank in Muscatine, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches