FDIC Certificate #: 34488 Status: Active Federal Reserve ID: 2536633 Bank Holding Company (Regulatory Top Holder): Country Bancorporation (RSSDID: 1203910, Location: Crawfordsville, IA) Date Established: September 15, 1997 WWW:http://www.hiawathabank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15421 FDIC's unique #: 57679 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 15, 1997 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: 777 North Center Point Road, Hiawatha, IA 52233 County: Linn 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 Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360) Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300) CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.8 mil Equity capital: $4.2 mil Deposits held in domestic offices: $30.4 mil Return on assets (ROA): 0.93% ($0.3 mil) Quarterly return on assets: 1.21% ($0.4 mil) Return on Equity (ROE): 8.51% ($0.3 mil) Quarterly return on equity: 10.78% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.53% ($562.9 mil) Quarterly Pretax return on assets: 2.00% ($735.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$36,788Total assets
$1,225Cash and due from depository institutions
$238Interest-bearing balances
$0Securities
$1,813Federal funds sold & reverse repurchase agreements
$32,306Net loans & leases
$403Loan loss allowance
$0Trading account assets
$800Bank premises and fixed assets
$29Other real estate owned
$0Goodwill and other intangibles
$36,788Life insurance assets
$615All other assets
$32,578Total liabilities and capital
$30,398Total liabilities
$24,290Total deposits
$30,398Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,943Trading liabilities
$0Other borrowed funds
$237Subordinated debt
$4,210All other liabilities
$4,210Total equity capital
$4,210Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$1,000Surplus
$2,210Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10Income earned, not collected on loans
$0Earning assets
$246Long-term assets (5+ years)
$34,357Average Assets, year-to-date
$4,564Average Assets, quarterly
$37,472Volatile liabilities
$37,067Insider loans
$29,490FHLB advances
$37,227Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,210Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,942Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,069Total interest income
$476Total interest expense
$1,593Net interest income
$38Provision for loan and lease losses
$183Total noninterest income
$0Fiduciary activities
$81Service charges on deposit accounts
$0Trading account gains & fees
$102Additional noninterest income
$1,164Total noninterest expense
$722Salaries and employee benefits
$206Premises and equipment expense
$236Additional noninterest expense
$574Pre-tax net operating income
$0Securities gains (losses)
$225Applicable income taxes
$349Income before extraordinary items
$0Extraordinary gains - net
$349Net income attributable to bank
$0Net charge-offs
$349Cash dividends
$198Sale, conversion, retirement of capital stock, net
$200Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.90%Yield on earning assets
1.36%Cost of funding earning assets
4.54%Net interest margin
0.52%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
0.93%Net operating income to assets
0.93%Return on assets (ROA)
1.53%Pretax return on assets
8.51%Return on equity (ROE)
3.63%Retained earnings to average equity (YTD only)
0.58%Net charge-offs to loans
19.19%Credit loss provision to net charge-offs
3.09%Efficiency ratio
65,541Assets per employee
4.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.31%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
4030.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.03%Net loans and leases to deposits
106.28%Net loans and leases to core deposits
107.69%Equity capital to assets
11.44%Core capital (leverage) ratio
11.31%Tier 1 risk-based capital ratio
14.28%Total risk-based capital ratio
Memoranda
$16Average assets
$37,472Average earning assets
$4,103Average equity
$35,095Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
57679
Hiawatha Bank And Trust Company
777 North Center Point Road, Hiawatha, IA 52233
September 15, 1997
Full Service Brick and Mortar
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