GNB Bank in city_name, state_name - Detailed Financial Reports, Location

GNB Bank in Grundy Center, Iowa (IA)
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GNB Bank - Overview

General
FDIC Certificate #: 14079
Status: Active
Federal Reserve ID: 724744
Bank Holding Company (Regulatory Top Holder): Gnb Bancorporation (RSSDID: 1205950, Location: Grundy Center, IA)
Date Established: March 16, 1934
WWW: http://www.gnbbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 10194
FDIC's unique #: 8802
Numeric code: 13
Regulator: FED
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: March 16, 1934
Last Structure Change Effective Date: December 30, 2011
Last Structure Change Process Date: January 05, 2012
Last Data Update: January 05, 2012
Data Source Date: April 05, 2012
Location
Address: 603 Seventh Street, Grundy Center, IA 50638
County: Grundy
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
Core Based Statistical Area (CBSA): Waterloo-Cedar Falls, IA (#47940)
CBSA Metro Statistical Area: Waterloo-Cedar Falls, IA (#47940)
History of Changes
Corrections
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $196.3 mil
Equity capital: $21.4 mil
Deposits held in domestic offices: $138.8 mil
Return on assets (ROA): 1.35% ($2.6 mil)
Quarterly return on assets: 1.28% ($2.5 mil)
Return on Equity (ROE): 12.82% ($2.7 mil)
Quarterly return on equity: 11.70% ($2.5 mil)
Net income: $2.6 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.41% ($2,768.3 mil)
Quarterly Pretax return on assets: 1.34% ($2,630.9 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
46Total employees (full-time equivalent)
$196,336Total assets
$5,231Cash and due from depository institutions
$2,370Interest-bearing balances
$68,863Securities
$0Federal funds sold & reverse repurchase agreements
$108,992Net loans & leases
$1,613Loan loss allowance
$0Trading account assets
$2,291Bank premises and fixed assets
$57Other real estate owned
$1,085Goodwill and other intangibles
$196,336Life insurance assets
$9,817All other assets
$174,970Total liabilities and capital
$138,775Total liabilities
$116,784Total deposits
$138,775Interest-bearing deposits
$90Deposits held in domestic offices
7862.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$26,298Trading liabilities
$0Other borrowed funds
$2,035Subordinated debt
$21,366All other liabilities
$21,366Total equity capital
$21,366Total bank equity capital
$0Perpetual preferred stock
$350Common stock
$1,450Surplus
$19,566Undivided profits
Memoranda
$0Noncurrent loans and leases
$312Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$231Income earned, not collected on loans
$0Earning assets
$2,071Long-term assets (5+ years)
$180,225Average Assets, year-to-date
$43,519Average Assets, quarterly
$191,543Volatile liabilities
$196,132Insider loans
$152,012FHLB advances
$195,887Loans and leases held for sale
$3,794Unused loan commitments
$3,794Tier 1 (core) risk-based capital
$17,795Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$47,604Restructured Loans and leases
$5,332Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,004Total interest income
$2,380Total interest expense
$5,624Net interest income
$135Provision for loan and lease losses
$3,251Total noninterest income
$318Fiduciary activities
$238Service charges on deposit accounts
$0Trading account gains & fees
$2,695Additional noninterest income
$6,206Total noninterest expense
$2,963Salaries and employee benefits
$501Premises and equipment expense
$2,742Additional noninterest expense
$2,534Pre-tax net operating income
$160Securities gains (losses)
$109Applicable income taxes
$2,585Income before extraordinary items
$0Extraordinary gains - net
$2,585Net income attributable to bank
$0Net charge-offs
$2,585Cash dividends
$97Sale, conversion, retirement of capital stock, net
$1,780Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.54%Yield on earning assets
1.35%Cost of funding earning assets
3.19%Net interest margin
1.84%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
1.27%Net operating income to assets
1.35%Return on assets (ROA)
1.41%Pretax return on assets
12.82%Return on equity (ROE)
3.99%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
139.18%Credit loss provision to net charge-offs
27.52%Efficiency ratio
69,927Assets per employee
4.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.86%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
698.27%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.21%Net loans and leases to deposits
78.54%Net loans and leases to core deposits
91.70%Equity capital to assets
10.88%Core capital (leverage) ratio
9.08%Tier 1 risk-based capital ratio
11.71%Total risk-based capital ratio
Memoranda
$13Average assets
$191,543Average earning assets
$20,165Average equity
$176,299Average 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
YesFiduciary powers granted
YesFiduciary or related activity
$75,751Managed Assets
1Number of Accounts
$50,673Personal trust and agency accounts
$33,938Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$314Corporate trust and agency accounts
$836Investment management agency accounts
$15,183Other fiduciary accounts
$402Fiduciary accounts held in foreign offices
$0Non-managed Assets
186Number of Accounts
$0Personal trust and agency accounts
$314Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$25,078Other retirement accounts
$6,037Corporate trust and agency accounts
$0Other fiduciary accounts
$1,517Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8802	Gnb Bank	603 Seventh Street, Grundy Center, IA 50638	March 16, 1934	Full Service Brick and Mortar
1	8700	Insurance & Investments	603 7th St, Grundy Center, IA 50638	October 01, 1906	Limited Service Administrative
4	442281	Messenger Service Branch	103 East Center Street, Conrad, IA 50621	June 01, 2005	Limited Service Messenger
5	453092	Conrad Office Branch	103 E Center, Conrad, IA 50621	December 02, 2005	Full Service Brick and Mortar

GNB Bank in Grundy Center, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

GNB Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

GNB Bank in Grundy Center, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

GNB Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

GNB Bank in Grundy Center, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches