Chelsea Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Chelsea Savings Bank in Belle Plaine, Iowa (IA)
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Chelsea Savings Bank routing number info

Chelsea Savings Bank - Overview

General
FDIC Certificate #: 15427
Status: Active
Federal Reserve ID: 771748
Bank Holding Company (Regulatory Top Holder): Chebelle Corporation (RSSDID: 1206779, Location: Belle Plaine, IA)
Date Established: October 19, 1936
WWW: http://www.chelseasavingsbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 12824
FDIC's unique #: 9743
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: October 19, 1936
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: 601 13th St, Belle Plaine, IA 52208
County: Benton
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): Cedar Rapids, IA (#16300)
CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $111.7 mil
Equity capital: $17.8 mil
Deposits held in domestic offices: $91.2 mil
Return on assets (ROA): 2.07% ($2.3 mil)
Quarterly return on assets: 2.18% ($2.4 mil)
Return on Equity (ROE): 13.20% ($2.4 mil)
Quarterly return on equity: 13.48% ($2.4 mil)
Net income: $2.1 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 2.21% ($2,468.7 mil)
Quarterly Pretax return on assets: 2.25% ($2,513.4 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
25Total employees (full-time equivalent)
$111,707Total assets
$2,213Cash and due from depository institutions
$500Interest-bearing balances
$57,164Securities
$8,032Federal funds sold & reverse repurchase agreements
$41,020Net loans & leases
$297Loan loss allowance
$0Trading account assets
$959Bank premises and fixed assets
$792Other real estate owned
$0Goodwill and other intangibles
$111,707Life insurance assets
$1,527All other assets
$93,926Total liabilities and capital
$91,219Total liabilities
$75,600Total deposits
$91,219Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,413Trading liabilities
$0Other borrowed funds
$294Subordinated debt
$17,781All other liabilities
$17,781Total equity capital
$17,781Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,300Surplus
$16,281Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,039Income earned, not collected on loans
$0Earning assets
$876Long-term assets (5+ years)
$106,716Average Assets, year-to-date
$56,428Average Assets, quarterly
$103,324Volatile liabilities
$109,517Insider loans
$52,367FHLB advances
$107,937Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$16,332Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,193Restructured Loans and leases
$163Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,443Total interest income
$1,007Total interest expense
$3,436Net interest income
$55Provision for loan and lease losses
$415Total noninterest income
$0Fiduciary activities
$307Service charges on deposit accounts
$0Trading account gains & fees
$108Additional noninterest income
$2,285Total noninterest expense
$1,450Salaries and employee benefits
$335Premises and equipment expense
$500Additional noninterest expense
$1,511Pre-tax net operating income
$768Securities gains (losses)
$139Applicable income taxes
$2,140Income before extraordinary items
$0Extraordinary gains - net
$2,140Net income attributable to bank
$0Net charge-offs
$2,140Cash dividends
$89Sale, conversion, retirement of capital stock, net
$833Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.55%Yield on earning assets
1.03%Cost of funding earning assets
3.52%Net interest margin
0.42%Noninterest income to earning assets
2.34%Noninterest expense to earning assets
1.37%Net operating income to assets
2.07%Return on assets (ROA)
2.21%Pretax return on assets
13.20%Return on equity (ROE)
8.06%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
61.80%Credit loss provision to net charge-offs
17.60%Efficiency ratio
59,335Assets per employee
4.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.93%Loss allowance to loans
0.72%Loss allowance to noncurrent loans
9.77%Noncurrent assets plus other real estate owned to assets
3.43%Noncurrent loans to loans
7.36%Net loans and leases to deposits
44.97%Net loans and leases to core deposits
46.88%Equity capital to assets
15.92%Core capital (leverage) ratio
15.13%Tier 1 risk-based capital ratio
31.19%Total risk-based capital ratio
Memoranda
$32Average assets
$103,324Average earning assets
$16,214Average equity
$97,712Average 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
$4,069Managed Assets
1Number of Accounts
$2,005Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$2,005Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
55Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,064Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$2,064Fiduciary accounts held in foreign offices

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9743	Chelsea Savings Bank	601 13th St, Belle Plaine, IA 52208	October 19, 1936	Full Service Brick and Mortar
1	233946	Chelsea Branch	Main Street, Chelsea, IA 52215	May 09, 1977	Full Service Brick and Mortar
2	11826	Van Horne Branch	100 First Avenue, Van Horne, IA 52346	January 01, 1908	Full Service Brick and Mortar
3	233947	Clutier Branch	325 West Main Street, Clutier, IA 52217	October 01, 1996	Full Service Brick and Mortar
4	513635	Chelsea Savings Bank - Traer	100 North Main Street, Traer, IA 50675	October 25, 2010	Full Service Brick and Mortar

Chelsea Savings Bank in Belle Plaine, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Chelsea Savings 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:

Chelsea Savings Bank in Belle Plaine, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Chelsea Savings 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:

Chelsea Savings Bank in Belle Plaine, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches