FDIC Certificate #: 227 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Peoples Bank (#16265) Federal Reserve ID: 729440 Date Established: June 30, 1917 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 180 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 10, 2008 Last Structure Change Process Date: March 27, 2008 Last Data Update: March 27, 2008 Data Source Date: April 05, 2012
Location
Address: 801 Central Street, Hawarden, IA 51023 County: Sioux 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: $45.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
15Total employees (full-time equivalent)
$45,404Total assets
$2,459Cash and due from depository institutions
$38Interest-bearing balances
$8,263Securities
$1,165Federal funds sold & reverse repurchase agreements
$30,432Net loans & leases
$300Loan loss allowance
$0Trading account assets
$567Bank premises and fixed assets
$357Other real estate owned
$325Goodwill and other intangibles
$750Life insurance assets
$1,836All other assets
$45,404Total liabilities and capital
$40,987Total liabilities
$36,535Total deposits
$31,135Interest-bearing deposits
$36,535Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,250Other borrowed funds
$0Subordinated debt
$202All other liabilities
$4,417Total equity capital
$4,417Total bank equity capital
$4,417Perpetual preferred stock
$0Common stock
$436Surplus
$2,234Undivided profits
Memoranda
$1,747Noncurrent loans and leases
$5,897Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$528Earning assets
$0Long-term assets (5+ years)
$599Average Assets, year-to-date
$39,898Average Assets, quarterly
$7,141Volatile liabilities
$47,017Insider loans
$45,554FHLB advances
$4,550Loans and leases held for sale
$1,143Unused loan commitments
$4,250Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,897Total unused commitments
$0Restructured Loans and leases
$300Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$3,042Total interest income
$1,557Total interest expense
$1,485Net interest income
$433Provision for loan and lease losses
$431Total noninterest income
$0Fiduciary activities
$132Service charges on deposit accounts
$0Trading account gains & fees
$299Additional noninterest income
$1,354Total noninterest expense
$941Salaries and employee benefits
$136Premises and equipment expense
$277Additional noninterest expense
$129Pre-tax net operating income
$0Securities gains (losses)
$6Applicable income taxes
$123Income before extraordinary items
$0Extraordinary gains - net
$123Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$554Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.16%Yield on earning assets
3.66%Cost of funding earning assets
3.49%Net interest margin
1.01%Noninterest income to earning assets
3.19%Noninterest expense to earning assets
0.26%Net operating income to assets
0.26%Return on assets (ROA)
0.27%Pretax return on assets
2.72%Return on equity (ROE)
-6.13%Retained earnings to average equity (YTD only)
1.72%Net charge-offs to loans
78.16%Credit loss provision to net charge-offs
1.01%Efficiency ratio
70,668Assets per employee
3.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
325.20%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
56.82%Noncurrent assets plus other real estate owned to assets
1.95%Noncurrent loans to loans
1.72%Net loans and leases to deposits
83.30%Net loans and leases to core deposits
88.89%Equity capital to assets
9.73%Core capital (leverage) ratio
8.74%Tier 1 risk-based capital ratio
11.58%Total risk-based capital ratio
Memoranda
$12Average assets
$47,017Average earning assets
$4,517Average equity
$42,504Average loans
Total Fiduciary and Related Assets (December 31, 2004)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$160Managed Assets
1Number of Accounts
$0Personal 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
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
40Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$160Other retirement accounts
$160Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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