Clear Lake Bank and Trust Company in city_name, state_name - Detailed Financial Reports, Location

Clear Lake Bank and Trust Company in Clear Lake, Iowa (IA)
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Clear Lake Bank and Trust Company routing number info

Clear Lake Bank and Trust Company - Overview

General
FDIC Certificate #: 15690
Status: Active
Federal Reserve ID: 865544
Bank Holding Company (Regulatory Top Holder): Arneson Bancshares, Inc. (RSSDID: 1840221, Location: Clear Lake, IA)
Date Established: January 01, 1934
WWW: http://www.clearlakebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 15922
FDIC's unique #: 9959
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: November 10, 1939
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: 322 Main, Clear Lake, IA 50428
County: Cerro Gordo
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Mason City, IA (#32380)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $245.8 mil
Equity capital: $21.9 mil
Deposits held in domestic offices: $217.6 mil
Return on assets (ROA): 1.84% ($4.5 mil)
Quarterly return on assets: 1.69% ($4.2 mil)
Return on Equity (ROE): 21.03% ($4.6 mil)
Quarterly return on equity: 19.17% ($4.2 mil)
Net income: $4.5 mil
Quarterly Net income: $1.0 mil
Pretax return on assets: 1.93% ($4,744.8 mil)
Quarterly Pretax return on assets: 1.78% ($4,376.0 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
60Total employees (full-time equivalent)
$245,845Total assets
$17,460Cash and due from depository institutions
$11,628Interest-bearing balances
$21,119Securities
$500Federal funds sold & reverse repurchase agreements
$193,913Net loans & leases
$2,794Loan loss allowance
$0Trading account assets
$5,134Bank premises and fixed assets
$80Other real estate owned
$578Goodwill and other intangibles
$245,845Life insurance assets
$7,061All other assets
$223,985Total liabilities and capital
$217,550Total liabilities
$181,328Total deposits
$217,550Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,600Trading liabilities
$0Other borrowed funds
$835Subordinated debt
$21,860All other liabilities
$21,860Total equity capital
$21,860Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$4,288Surplus
$17,172Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$647Income earned, not collected on loans
$0Earning assets
$1,063Long-term assets (5+ years)
$227,160Average Assets, year-to-date
$22,719Average Assets, quarterly
$242,908Volatile liabilities
$247,709Insider loans
$197,758FHLB advances
$254,018Loans and leases held for sale
$3,827Unused loan commitments
$1,836Tier 1 (core) risk-based capital
$20,507Tier 2 risk-based capital
$0Total risk weighted assets
$1,991Total unused commitments
$31,189Restructured Loans and leases
$3,465Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,838Total interest income
$2,101Total interest expense
$9,737Net interest income
$405Provision for loan and lease losses
$2,213Total noninterest income
$249Fiduciary activities
$781Service charges on deposit accounts
$0Trading account gains & fees
$1,183Additional noninterest income
$6,858Total noninterest expense
$4,371Salaries and employee benefits
$1,058Premises and equipment expense
$1,429Additional noninterest expense
$4,687Pre-tax net operating income
$0Securities gains (losses)
$216Applicable income taxes
$4,471Income before extraordinary items
$0Extraordinary gains - net
$4,471Net income attributable to bank
$0Net charge-offs
$4,471Cash dividends
$79Sale, conversion, retirement of capital stock, net
$3,214Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.27%Yield on earning assets
0.93%Cost of funding earning assets
4.33%Net interest margin
0.98%Noninterest income to earning assets
3.05%Noninterest expense to earning assets
1.84%Net operating income to assets
1.84%Return on assets (ROA)
1.93%Pretax return on assets
21.03%Return on equity (ROE)
5.91%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
512.66%Credit loss provision to net charge-offs
64.46%Efficiency ratio
57,389Assets per employee
4.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.89%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
431.84%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.33%Net loans and leases to deposits
89.13%Net loans and leases to core deposits
95.32%Equity capital to assets
8.89%Core capital (leverage) ratio
8.07%Tier 1 risk-based capital ratio
10.37%Total risk-based capital ratio
Memoranda
$12Average assets
$242,908Average earning assets
$21,256Average equity
$224,733Average 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
$54,859Managed Assets
1Number of Accounts
$29,082Personal trust and agency accounts
$27,107Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,975Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
114Number of Accounts
$0Personal trust and agency accounts
$1,975Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$25,777Other retirement accounts
$3,232Corporate trust and agency accounts
$22,545Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9959	Clear Lake Bank And Trust Company	322 Main, Clear Lake, IA 50428	January 01, 1934	Full Service Brick and Mortar
1	234968	Drive-Up Facility	21 North 4th Street, Clear Lake, IA 50428	September 16, 1976	Limited Service Facility
2	275700	Garner Branch	325 State Street, Garner, IA 50438	December 01, 1935	Full Service Brick and Mortar
4	477889	Mason City Branch	425 Tiffany Drive, Mason City, IA 50401	July 01, 2007	Full Service Brick and Mortar

Clear Lake Bank and Trust Company in Clear Lake, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Clear Lake Bank and Trust Company - 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:

Clear Lake Bank and Trust Company in Clear Lake, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Clear Lake Bank and Trust Company - 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:

Clear Lake Bank and Trust Company in Clear Lake, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches