FDIC Certificate #: 14015 Status: Active Federal Reserve ID: 913641 Bank Holding Company (Regulatory Top Holder): Hartwick Bancshares, Inc. (RSSDID: 1210767, Location: Hartwick, IA) Date Established: September 25, 1928 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13848 FDIC's unique #: 8760 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: March 13, 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: 207 Main Street, Hartwick, IA 52232 County: Poweshiek 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
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $24.8 mil Equity capital: $2.3 mil Deposits held in domestic offices: $21.2 mil Return on assets (ROA): 0.22% ($0.1 mil) Quarterly return on assets: -1.36% (-$0.3 mil) Return on Equity (ROE): 2.34% ($0.0 mil) Quarterly return on equity: -14.16% (-$0.3 mil) Net income: $0.1 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 0.32% ($79.4 mil) Quarterly Pretax return on assets: -1.27% (-$315.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$24,822Total assets
$3,793Cash and due from depository institutions
$3,391Interest-bearing balances
$8,304Securities
$1,023Federal funds sold & reverse repurchase agreements
$11,256Net loans & leases
$121Loan loss allowance
$0Trading account assets
$52Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$24,822Life insurance assets
$394All other assets
$22,502Total liabilities and capital
$21,158Total liabilities
$18,394Total deposits
$21,158Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,250Trading liabilities
$0Other borrowed funds
$94Subordinated debt
$2,320All other liabilities
$2,320Total equity capital
$2,320Total bank equity capital
$0Perpetual preferred stock
$64Common stock
$811Surplus
$1,445Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$27Income earned, not collected on loans
$0Earning assets
$194Long-term assets (5+ years)
$23,974Average Assets, year-to-date
$5,031Average Assets, quarterly
$24,688Volatile liabilities
$24,654Insider loans
$12,588FHLB advances
$24,858Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,235Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$218Restructured Loans and leases
$427Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,025Total interest income
$262Total interest expense
$763Net interest income
$0Provision for loan and lease losses
$45Total noninterest income
$0Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$730Total noninterest expense
$530Salaries and employee benefits
$56Premises and equipment expense
$144Additional noninterest expense
$78Pre-tax net operating income
$0Securities gains (losses)
$23Applicable income taxes
$55Income before extraordinary items
$0Extraordinary gains - net
$55Net income attributable to bank
$0Net charge-offs
$55Cash dividends
$2Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.30%Yield on earning assets
1.10%Cost of funding earning assets
3.20%Net interest margin
0.19%Noninterest income to earning assets
3.06%Noninterest expense to earning assets
0.22%Net operating income to assets
0.22%Return on assets (ROA)
0.32%Pretax return on assets
2.34%Return on equity (ROE)
2.34%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
39.00%Efficiency ratio
90,347Assets per employee
4.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
448.15%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.24%Net loans and leases to deposits
53.20%Net loans and leases to core deposits
54.54%Equity capital to assets
9.35%Core capital (leverage) ratio
8.99%Tier 1 risk-based capital ratio
17.76%Total risk-based capital ratio
Memoranda
$19Average assets
$24,688Average earning assets
$2,351Average equity
$23,823Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8760
Hartwick State Bank
207 Main Street, Hartwick, IA 52232
September 25, 1928
Full Service Brick and Mortar
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