Citizens National Bank in New Hampton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 09, 1994

Citizens National Bank in New Hampton, Iowa (IA)
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Citizens National Bank - Overview

General
FDIC Certificate #: 14897
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Citizens National Bank (#4433)
Federal Reserve ID: 758141
Date Established: September 19, 1929
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 11608
FDIC's unique #: 9328
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: December 03, 1934
Last Structure Change Effective Date: December 09, 1994
Last Structure Change Process Date: January 05, 1995
Last Data Update: January 05, 1995
Data Source Date: April 05, 2012
Location
Address: 124 West Main, New Hampton, IA 50659
County: Chickasaw
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
Financial Summary
Total assets: $37.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$36,029Cash and due from depository institutions
$662Interest-bearing balances
$0Securities
$20,778Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$13,339Loan loss allowance
$283Trading account assets
$0Bank premises and fixed assets
$745Other real estate owned
$0Goodwill and other intangibles
$505Life insurance assets
$0All other assets
$0Total liabilities and capital
$36,029Total liabilities
$32,994Total deposits
$29,335Interest-bearing deposits
$27,612Deposits held in domestic offices
29335.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$3,398Trading liabilities
$0Other borrowed funds
$14Subordinated debt
$0All other liabilities
$247Total equity capital
$247Total bank equity capital
$3,035Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,552Undivided profits
Memoranda
$483Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$130Income earned, not collected on loans
$348Earning assets
$34,117Long-term assets (5+ years)
$6,501Average Assets, year-to-date
$33,416Average Assets, quarterly
$34,728Volatile liabilities
$8,595Insider loans
$90FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,463Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,035Total risk weighted assets
$16,319Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$2,319Total interest expense
$1,197Net interest income
$1,122Provision for loan and lease losses
$0Total noninterest income
$67Fiduciary activities
$0Service charges on deposit accounts
$51Trading account gains & fees
$0Additional noninterest income
$16Total noninterest expense
$839Salaries and employee benefits
$398Premises and equipment expense
$121Additional noninterest expense
$320Pre-tax net operating income
$350Securities gains (losses)
$32Applicable income taxes
$135Income before extraordinary items
$247Extraordinary gains - net
$0Net income attributable to bank
$247Net charge-offs
$6Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.31%Cost of funding earning assets
3.77%Net interest margin
3.54%Noninterest income to earning assets
0.21%Noninterest expense to earning assets
2.65%Net operating income to assets
0.68%Return on assets (ROA)
0.74%Pretax return on assets
1.14%Return on equity (ROE)
8.42%Retained earnings to average equity (YTD only)
8.42%Net charge-offs to loans
0.04%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,563Assets per employee
2.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
217.69%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.95%Net loans and leases to deposits
45.47%Net loans and leases to core deposits
55.23%Equity capital to assets
8.42%Core capital (leverage) ratio
9.21%Tier 1 risk-based capital ratio
18.60%Total risk-based capital ratio
Memoranda
$20Average assets
$33,416Average earning assets
$2,934Average equity
$31,712Average loans

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