Hawkeye Bank of Vinton in Vinton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 1996

Hawkeye Bank of Vinton in Vinton, Iowa (IA)
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Hawkeye Bank of Vinton - Overview

General
FDIC Certificate #: 12713
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Cedar Rapids, Iowa (#10112)
Federal Reserve ID: 125341
Date Established: May 01, 1891
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 8062
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 16, 1996
Last Structure Change Process Date: April 04, 1996
Last Data Update: April 04, 1996
Data Source Date: April 05, 2012
Location
Address: 110 West Fourth Street, Vinton, IA 52349
County: Benton
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
Financial Summary
Total assets: $52.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$16Total assets
$52,729Cash and due from depository institutions
$2,423Interest-bearing balances
$0Securities
$10,311Federal funds sold & reverse repurchase agreements
$5,260Net loans & leases
$33,144Loan loss allowance
$446Trading account assets
$0Bank premises and fixed assets
$679Other real estate owned
$8Goodwill and other intangibles
$904Life insurance assets
$0All other assets
$0Total liabilities and capital
$52,729Total liabilities
$48,045Total deposits
$47,734Interest-bearing deposits
$40,215Deposits held in domestic offices
47734.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$311Total equity capital
$311Total bank equity capital
$4,684Perpetual preferred stock
$0Common stock
$520Surplus
$1,980Undivided profits
Memoranda
$2,184Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$341Income earned, not collected on loans
$509Earning assets
$48,715Long-term assets (5+ years)
$5,601Average Assets, year-to-date
$51,555Average Assets, quarterly
$52,519Volatile liabilities
$4,330Insider loans
$1,846FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$16,540Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,674Total risk weighted assets
$36,533Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$3,740Total interest expense
$1,634Net interest income
$2,106Provision for loan and lease losses
$0Total noninterest income
$376Fiduciary activities
$0Service charges on deposit accounts
$211Trading account gains & fees
$0Additional noninterest income
$165Total noninterest expense
$1,305Salaries and employee benefits
$518Premises and equipment expense
$198Additional noninterest expense
$589Pre-tax net operating income
$1,177Securities gains (losses)
$1Applicable income taxes
$422Income before extraordinary items
$756Extraordinary gains - net
$0Net income attributable to bank
$756Net charge-offs
$10Cash dividends
$400Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.95%Cost of funding earning assets
3.47%Net interest margin
4.47%Noninterest income to earning assets
0.80%Noninterest expense to earning assets
2.77%Net operating income to assets
1.47%Return on assets (ROA)
1.47%Pretax return on assets
2.28%Return on equity (ROE)
16.96%Retained earnings to average equity (YTD only)
7.99%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,579Assets per employee
3.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.91%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
130.79%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
1.02%Net loans and leases to deposits
69.43%Net loans and leases to core deposits
76.36%Equity capital to assets
8.88%Core capital (leverage) ratio
9.08%Tier 1 risk-based capital ratio
12.79%Total risk-based capital ratio
Memoranda
$14Average assets
$51,555Average earning assets
$4,457Average equity
$47,069Average loans

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