FDIC Certificate #: 5791 Status: Active Federal Reserve ID: 854847 Bank Holding Company (Regulatory Top Holder): First Belmond Bancorporation (RSSDID: 1204887, Location: Belmond, IA) Date Established: July 01, 1933 WWW:http://www.fsbbelmond.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 11776 FDIC's unique #: 3952 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 304 East Main Street, Belmond, IA 50421 County: Wright 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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $84.7 mil Equity capital: $10.4 mil Deposits held in domestic offices: $64.8 mil Return on assets (ROA): 1.17% ($1.0 mil) Quarterly return on assets: 1.14% ($1.0 mil) Return on Equity (ROE): 9.59% ($1.0 mil) Quarterly return on equity: 9.08% ($0.9 mil) Net income: $1.0 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.28% ($1,084.6 mil) Quarterly Pretax return on assets: 1.21% ($1,025.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$84,738Total assets
$1,614Cash and due from depository institutions
$835Interest-bearing balances
$38,479Securities
$0Federal funds sold & reverse repurchase agreements
$40,093Net loans & leases
$569Loan loss allowance
$0Trading account assets
$338Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$84,738Life insurance assets
$4,214All other assets
$74,317Total liabilities and capital
$64,786Total liabilities
$55,556Total deposits
$64,786Interest-bearing deposits
$96Deposits held in domestic offices
4592.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,500Trading liabilities
$0Other borrowed funds
$1,439Subordinated debt
$10,421All other liabilities
$10,421Total equity capital
$10,421Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$1,600Surplus
$8,421Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,823Income earned, not collected on loans
$0Earning assets
$606Long-term assets (5+ years)
$79,407Average Assets, year-to-date
$28,449Average Assets, quarterly
$82,205Volatile liabilities
$82,911Insider loans
$52,038FHLB advances
$84,263Loans and leases held for sale
$2,416Unused loan commitments
$2,416Tier 1 (core) risk-based capital
$9,495Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,541Restructured Loans and leases
$1,769Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,239Total interest income
$707Total interest expense
$2,532Net interest income
$450Provision for loan and lease losses
$472Total noninterest income
$35Fiduciary activities
$150Service charges on deposit accounts
$0Trading account gains & fees
$287Additional noninterest income
$1,555Total noninterest expense
$708Salaries and employee benefits
$111Premises and equipment expense
$736Additional noninterest expense
$999Pre-tax net operating income
$54Securities gains (losses)
$91Applicable income taxes
$962Income before extraordinary items
$0Extraordinary gains - net
$962Net income attributable to bank
$0Net charge-offs
$962Cash dividends
$462Sale, conversion, retirement of capital stock, net
$700Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.27%Yield on earning assets
0.93%Cost of funding earning assets
3.34%Net interest margin
0.62%Noninterest income to earning assets
2.05%Noninterest expense to earning assets
1.11%Net operating income to assets
1.17%Return on assets (ROA)
1.28%Pretax return on assets
9.59%Return on equity (ROE)
2.61%Retained earnings to average equity (YTD only)
1.23%Net charge-offs to loans
97.40%Credit loss provision to net charge-offs
3.14%Efficiency ratio
51,764Assets per employee
7.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.77%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
31.21%Noncurrent assets plus other real estate owned to assets
2.15%Noncurrent loans to loans
4.48%Net loans and leases to deposits
61.89%Net loans and leases to core deposits
62.49%Equity capital to assets
12.30%Core capital (leverage) ratio
11.27%Tier 1 risk-based capital ratio
18.25%Total risk-based capital ratio
Memoranda
$19Average assets
$82,205Average earning assets
$10,029Average equity
$75,815Average 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
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