Glenwood State Bank in city_name, state_name - Detailed Financial Reports, Location

Glenwood State Bank in Glenwood, Iowa (IA)
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Glenwood State Bank routing number info

Glenwood State Bank - Overview

General
FDIC Certificate #: 956
Status: Active
Federal Reserve ID: 566243
Bank Holding Company (Regulatory Top Holder): Glenwood Bancorporation (RSSDID: 1204421, Location: Glenwood, IA)
Date Established: January 01, 1899
WWW: http://www.glenwoodstatebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 16057
FDIC's unique #: 624
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 01, 2009
Last Structure Change Process Date: September 10, 2009
Last Data Update: September 10, 2009
Data Source Date: April 05, 2012
Location
Address: 32 North Walnut Street, Glenwood, IA 51534
County: Mills
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Omaha
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $149.0 mil
Equity capital: $14.8 mil
Deposits held in domestic offices: $134.1 mil
Return on assets (ROA): 0.23% ($0.3 mil)
Quarterly return on assets: -0.11% (-$0.2 mil)
Return on Equity (ROE): 2.37% ($0.4 mil)
Quarterly return on equity: -1.13% (-$0.2 mil)
Net income: $0.3 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.26% ($387.3 mil)
Quarterly Pretax return on assets: -0.10% (-$149.0 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
42Total employees (full-time equivalent)
$148,973Total assets
$36,690Cash and due from depository institutions
$26,290Interest-bearing balances
$66,042Securities
$0Federal funds sold & reverse repurchase agreements
$37,781Net loans & leases
$874Loan loss allowance
$0Trading account assets
$263Bank premises and fixed assets
$1,997Other real estate owned
$0Goodwill and other intangibles
$148,973Life insurance assets
$6,200All other assets
$134,190Total liabilities and capital
$134,097Total liabilities
$107,522Total deposits
$134,097Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$93Subordinated debt
$14,783All other liabilities
$14,783Total equity capital
$14,783Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,100Surplus
$12,583Undivided profits
Memoranda
$0Noncurrent loans and leases
$360Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$155Income earned, not collected on loans
$0Earning assets
$798Long-term assets (5+ years)
$130,113Average Assets, year-to-date
$3,158Average Assets, quarterly
$147,415Volatile liabilities
$149,910Insider loans
$50,988FHLB advances
$151,797Loans and leases held for sale
$4,214Unused loan commitments
$4,214Tier 1 (core) risk-based capital
$14,339Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,499Restructured Loans and leases
$243Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,571Total interest income
$498Total interest expense
$3,073Net interest income
$0Provision for loan and lease losses
$992Total noninterest income
$21Fiduciary activities
$361Service charges on deposit accounts
$0Trading account gains & fees
$610Additional noninterest income
$3,704Total noninterest expense
$2,585Salaries and employee benefits
$275Premises and equipment expense
$844Additional noninterest expense
$361Pre-tax net operating income
$16Securities gains (losses)
$31Applicable income taxes
$346Income before extraordinary items
$0Extraordinary gains - net
$346Net income attributable to bank
$0Net charge-offs
$346Cash dividends
$21Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
2.82%Yield on earning assets
0.39%Cost of funding earning assets
2.43%Net interest margin
0.78%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
0.22%Net operating income to assets
0.23%Return on assets (ROA)
0.26%Pretax return on assets
2.37%Return on equity (ROE)
2.37%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
17.19%Efficiency ratio
91,119Assets per employee
3.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.26%Loss allowance to noncurrent loans
563.87%Noncurrent assets plus other real estate owned to assets
1.44%Noncurrent loans to loans
0.40%Net loans and leases to deposits
28.17%Net loans and leases to core deposits
28.39%Equity capital to assets
9.92%Core capital (leverage) ratio
9.45%Tier 1 risk-based capital ratio
28.12%Total risk-based capital ratio
Memoranda
$29Average assets
$147,415Average earning assets
$14,593Average equity
$126,681Average 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
$9,798Managed Assets
1Number of Accounts
$9,094Personal trust and agency accounts
$9,094Employee 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
32Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$704Other retirement accounts
$704Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	624	Glenwood State Bank	32 North Walnut Street, Glenwood, IA 51534	January 01, 1899	Full Service Brick and Mortar
1	186739	Pacific Junction Branch	500 Main Street, Pacific Junction, IA 51561	May 08, 1972	Full Service Brick and Mortar
2	186740	Glenwood State Plaza Branch	960 South Locust, Glenwood, IA 51534	June 20, 1977	Full Service Brick and Mortar
3	8852	Mineola Branch	417 Main Street, Mineola, IA 51554	January 01, 1903	Full Service Brick and Mortar
4	9325	First State Bank Branch	Main Street, Tabor, IA 51653	December 18, 1925	Full Service Brick and Mortar

Glenwood State Bank in Glenwood, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Glenwood State 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

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Glenwood State Bank in Glenwood, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Glenwood State 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:

Glenwood State Bank in Glenwood, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches