FDIC Certificate #: 14450 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Lincoln Savings Bank (#14207) Federal Reserve ID: 715041 Date Established: January 01, 1874 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9029 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: June 07, 1934 Last Structure Change Effective Date: May 03, 1999 Last Structure Change Process Date: June 04, 1999 Last Data Update: June 04, 1999 Data Source Date: April 05, 2012
Location
Address: 121 Cedar Street, Nashua, IA 50658 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: $47.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
11Total employees (full-time equivalent)
$47,118Total assets
$1,375Cash and due from depository institutions
$0Interest-bearing balances
$28,815Securities
$4,300Federal funds sold & reverse repurchase agreements
$11,294Net loans & leases
$468Loan loss allowance
$0Trading account assets
$698Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$636All other assets
$47,118Total liabilities and capital
$38,247Total liabilities
$37,859Total deposits
$35,097Interest-bearing deposits
$37,859Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$388All other liabilities
$8,871Total equity capital
$8,871Total bank equity capital
$8,871Perpetual preferred stock
$0Common stock
$175Surplus
$1,825Undivided profits
Memoranda
$6,871Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$181Average Assets, year-to-date
$44,409Average Assets, quarterly
$3,601Volatile liabilities
$45,276Insider loans
$45,724FHLB advances
$5,076Loans and leases held for sale
$88Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,940Total unused commitments
$0Restructured Loans and leases
$16,821Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,905Total interest income
$1,742Total interest expense
$1,163Net interest income
$0Provision for loan and lease losses
$94Total noninterest income
$0Fiduciary activities
$69Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$777Total noninterest expense
$527Salaries and employee benefits
$109Premises and equipment expense
$141Additional noninterest expense
$480Pre-tax net operating income
$0Securities gains (losses)
$58Applicable income taxes
$422Income before extraordinary items
$0Extraordinary gains - net
$422Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.81%Yield on earning assets
4.09%Cost of funding earning assets
2.73%Net interest margin
0.22%Noninterest income to earning assets
1.82%Noninterest expense to earning assets
0.93%Net operating income to assets
0.93%Return on assets (ROA)
1.06%Pretax return on assets
4.86%Return on equity (ROE)
4.86%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,814Assets per employee
4.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.98%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
29.83%Net loans and leases to core deposits
34.45%Equity capital to assets
18.83%Core capital (leverage) ratio
19.21%Tier 1 risk-based capital ratio
52.46%Total risk-based capital ratio
Memoranda
$54Average assets
$45,276Average earning assets
$8,683Average equity
$42,629Average loans
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