Great Western Bank in Clive, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 12, 2007

  • Great Western Bank in Clive, Iowa (IA)
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Great Western Bank - Overview

  • General
  • FDIC Certificate #: 35516
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Great Western Bank (#15289)
    Federal Reserve ID: 813844
    Date Established: January 15, 2000
    WWW: http://www.greatwesternbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 31 (Interstate: No)
    FDIC's unique #: 81169
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 15, 2000
    Last Structure Change Effective Date: January 12, 2007
    Last Structure Change Process Date: January 26, 2007
    Last Data Update: January 26, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10101 University Avenue, Clive, IA 50325
    County: Polk
    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
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • Financial Summary
  • Total assets: $672.9 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, 2006)

  • Dollar figures in thousands
  • 236Total employees (full-time equivalent)
  • $672,858Total assets
  • $22,024Cash and due from depository institutions
  • $6,022Interest-bearing balances
  • $118,578Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $489,745Net loans & leases
  • $6,872Loan loss allowance
  • $0Trading account assets
  • $12,531Bank premises and fixed assets
  • $1,308Other real estate owned
  • $15,842Goodwill and other intangibles
  • $0Life insurance assets
  • $12,830All other assets
  • $672,858Total liabilities and capital
  • $608,633Total liabilities
  • $549,811Total deposits
  • $477,049Interest-bearing deposits
  • $549,811Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $32,149Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $21,100Other borrowed funds
  • $0Subordinated debt
  • $5,573All other liabilities
  • $64,225Total equity capital
  • $64,225Total bank equity capital
  • $64,225Perpetual preferred stock
  • $0Common stock
  • $3,544Surplus
  • $33,231Undivided profits
  • Memoranda
  • $27,450Noncurrent loans and leases
  • $79,949Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,580Earning assets
  • $474Long-term assets (5+ years)
  • $8,009Average Assets, year-to-date
  • $614,345Average Assets, quarterly
  • $139,010Volatile liabilities
  • $638,482Insider loans
  • $665,381FHLB advances
  • $98,543Loans and leases held for sale
  • $4,260Unused loan commitments
  • $20,950Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,650Total risk weighted assets
  • $79,949Total unused commitments
  • $0Restructured Loans and leases
  • $6,264Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $41,814Total interest income
  • $15,875Total interest expense
  • $25,939Net interest income
  • $935Provision for loan and lease losses
  • $8,675Total noninterest income
  • $0Fiduciary activities
  • $6,255Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,420Additional noninterest income
  • $20,695Total noninterest expense
  • $10,804Salaries and employee benefits
  • $2,592Premises and equipment expense
  • $7,299Additional noninterest expense
  • $12,984Pre-tax net operating income
  • $0Securities gains (losses)
  • $4,632Applicable income taxes
  • $8,352Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,352Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $606Sale, conversion, retirement of capital stock, net
  • $4,323Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.17%Yield on earning assets
  • 2.72%Cost of funding earning assets
  • 4.45%Net interest margin
  • 1.49%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 2.03%Pretax return on assets
  • 13.54%Return on equity (ROE)
  • 6.53%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 154.29%Credit loss provision to net charge-offs
  • 22.97%Efficiency ratio
  • 58,231Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.76%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 191.96%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 89.08%Net loans and leases to core deposits
  • 98.18%Equity capital to assets
  • 9.55%Core capital (leverage) ratio
  • 7.67%Tier 1 risk-based capital ratio
  • 9.91%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $638,482Average earning assets
  • $61,695Average equity
  • $582,783Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee 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
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $7Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $7Fiduciary accounts held in foreign offices

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