First Federal Savings Bank in Carroll, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 30, 1995

First Federal Savings Bank in Carroll, Iowa (IA)
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First Federal Savings Bank - Overview

General
FDIC Certificate #: 29766
Status: Inactive
Closing history: Corrections
Acquiring institution: Hawkeye Federal Savings Bank (#30158)
Federal Reserve ID: 477273
Date Established: October 27, 1936
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 4057
FDIC's unique #: 42600
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: October 27, 1936
Last Structure Change Effective Date: March 30, 1995
Last Structure Change Process Date: April 18, 1995
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012
Location
Address: 109 East 7th Street, Carroll, IA 51401
County: Carroll
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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $78.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$27Total assets
$78,217Cash and due from depository institutions
$3,249Interest-bearing balances
$1,594Securities
$31,963Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$40,478Loan loss allowance
$1,297Trading account assets
$0Bank premises and fixed assets
$921Other real estate owned
$0Goodwill and other intangibles
$1,606Life insurance assets
$0All other assets
$0Total liabilities and capital
$78,217Total liabilities
$72,532Total deposits
$72,264Interest-bearing deposits
$71,469Deposits held in domestic offices
72264.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$268Total equity capital
$268Total bank equity capital
$5,685Perpetual preferred stock
$0Common stock
$1Surplus
$4,274Undivided profits
Memoranda
$1,410Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$80Income earned, not collected on loans
$285Earning assets
$74,035Long-term assets (5+ years)
$0Average Assets, year-to-date
$80,042Average Assets, quarterly
$78,736Volatile liabilities
$2,722Insider loans
$60FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$447Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,685Total risk weighted assets
$31,109Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$5,020Total interest expense
$2,763Net interest income
$2,257Provision for loan and lease losses
-$150Total noninterest income
$77Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$77Total noninterest expense
$1,746Salaries and employee benefits
$890Premises and equipment expense
$345Additional noninterest expense
$511Pre-tax net operating income
$738Securities gains (losses)
-$110Applicable income taxes
$99Income before extraordinary items
$529Extraordinary gains - net
$298Net income attributable to bank
$827Net charge-offs
$5Cash dividends
$325Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.58%Cost of funding earning assets
3.62%Net interest margin
2.96%Noninterest income to earning assets
0.10%Noninterest expense to earning assets
2.29%Net operating income to assets
0.78%Return on assets (ROA)
1.03%Pretax return on assets
1.16%Return on equity (ROE)
14.92%Retained earnings to average equity (YTD only)
9.06%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
-3000.00%Efficiency ratio
74,807Assets per employee
2.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.30%Loss allowance to loans
3.10%Loss allowance to noncurrent loans
1621.25%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.19%Net loans and leases to deposits
56.01%Net loans and leases to core deposits
58.21%Equity capital to assets
7.27%Core capital (leverage) ratio
7.28%Tier 1 risk-based capital ratio
18.27%Total risk-based capital ratio
Memoranda
$19Average assets
$80,042Average earning assets
$5,542Average equity
$76,285Average loans

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