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

This bank is inactive as of October 01, 1996

Cleghorn State Bank in Cleghorn, Iowa (IA)
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Cleghorn State Bank - Overview

General
FDIC Certificate #: 8518
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The First Trust & Savings Bank (#15431)
Federal Reserve ID: 834447
Date Established: January 01, 1892
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 5427
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 01, 1996
Last Structure Change Process Date: October 31, 1996
Last Data Update: October 31, 1996
Data Source Date: April 05, 2012
Location
Address: 101 North Lewis Avenue, Cleghorn, IA 51014
County: Cherokee
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
Financial Summary
Total assets: $12.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$6Total assets
$11,336Cash and due from depository institutions
$118Interest-bearing balances
$0Securities
$4,288Federal funds sold & reverse repurchase agreements
$125Net loans & leases
$6,551Loan loss allowance
$80Trading account assets
$0Bank premises and fixed assets
$57Other real estate owned
$0Goodwill and other intangibles
$197Life insurance assets
$0All other assets
$0Total liabilities and capital
$11,336Total liabilities
$10,456Total deposits
$10,241Interest-bearing deposits
$9,527Deposits held in domestic offices
10241.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$70Subordinated debt
$0All other liabilities
$145Total equity capital
$145Total bank equity capital
$880Perpetual preferred stock
$0Common stock
$200Surplus
$425Undivided profits
Memoranda
$255Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$136Earning assets
$10,964Long-term assets (5+ years)
$526Average Assets, year-to-date
$11,040Average Assets, quarterly
$11,175Volatile liabilities
$972Insider loans
$25FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,194Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$872Total risk weighted assets
$7,357Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$830Total interest expense
$427Net interest income
$403Provision for loan and lease losses
$10Total noninterest income
$59Fiduciary activities
$0Service charges on deposit accounts
$32Trading account gains & fees
$0Additional noninterest income
$27Total noninterest expense
$301Salaries and employee benefits
$175Premises and equipment expense
$12Additional noninterest expense
$114Pre-tax net operating income
$151Securities gains (losses)
$2Applicable income taxes
$45Income before extraordinary items
$108Extraordinary gains - net
$0Net income attributable to bank
$108Net charge-offs
$4Cash dividends
$85Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.79%Cost of funding earning assets
4.01%Net interest margin
3.78%Noninterest income to earning assets
0.55%Noninterest expense to earning assets
2.83%Net operating income to assets
0.97%Return on assets (ROA)
0.98%Pretax return on assets
1.39%Return on equity (ROE)
12.80%Retained earnings to average equity (YTD only)
2.73%Net charge-offs to loans
0.07%Credit loss provision to net charge-offs
250.00%Efficiency ratio
65,152Assets per employee
1.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.70%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
63.97%Net loans and leases to core deposits
70.15%Equity capital to assets
7.76%Core capital (leverage) ratio
7.55%Tier 1 risk-based capital ratio
11.85%Total risk-based capital ratio
Memoranda
$13Average assets
$11,040Average earning assets
$844Average equity
$10,652Average loans

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