FDIC Certificate #: 34694 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Fidelity Bank & Trust (#14382) Federal Reserve ID: 2632599 Date Established: Febuary 21, 1998 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 61206 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: Febuary 21, 1998 Last Structure Change Effective Date: April 17, 2010 Last Structure Change Process Date: May 14, 2010 Last Data Update: May 14, 2010 Data Source Date: April 05, 2012
Location
Address: 300 North 2nd Street, Bellevue, IA 52031 County: Jackson 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
Financial Summary
Total assets: $53.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
13Total employees (full-time equivalent)
$52,981Total assets
$5,189Cash and due from depository institutions
$3,050Interest-bearing balances
$1,881Securities
$549Federal funds sold & reverse repurchase agreements
$42,290Net loans & leases
$536Loan loss allowance
$0Trading account assets
$1,051Bank premises and fixed assets
$0Other real estate owned
$956Goodwill and other intangibles
$0Life insurance assets
$1,065All other assets
$52,981Total liabilities and capital
$47,807Total liabilities
$45,874Total deposits
$41,532Interest-bearing deposits
$45,874Deposits held in domestic offices
95.30%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,565Other borrowed funds
$0Subordinated debt
$368All other liabilities
$5,174Total equity capital
$5,174Total bank equity capital
$5,174Perpetual preferred stock
$0Common stock
$200Surplus
$2,900Undivided profits
Memoranda
$2,074Noncurrent loans and leases
$5,604Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,656Earning assets
$0Long-term assets (5+ years)
$494Average Assets, year-to-date
$47,770Average Assets, quarterly
$5,967Volatile liabilities
$50,793Insider loans
$52,208FHLB advances
$9,649Loans and leases held for sale
$0Unused loan commitments
$1,565Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,604Total unused commitments
$111Restructured Loans and leases
$517Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$2,773Total interest income
$967Total interest expense
$1,806Net interest income
$309Provision for loan and lease losses
$270Total noninterest income
$1Fiduciary activities
$233Service charges on deposit accounts
$0Trading account gains & fees
$36Additional noninterest income
$1,426Total noninterest expense
$718Salaries and employee benefits
$299Premises and equipment expense
$409Additional noninterest expense
$341Pre-tax net operating income
$0Securities gains (losses)
$98Applicable income taxes
$243Income before extraordinary items
$0Extraordinary gains - net
$243Net income attributable to bank
$0Net charge-offs
$243Cash dividends
$32Sale, conversion, retirement of capital stock, net
$90Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.92%Yield on earning assets
2.06%Cost of funding earning assets
3.85%Net interest margin
0.58%Noninterest income to earning assets
3.04%Noninterest expense to earning assets
0.48%Net operating income to assets
0.48%Return on assets (ROA)
0.67%Pretax return on assets
4.73%Return on equity (ROE)
2.98%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
965.63%Credit loss provision to net charge-offs
20.31%Efficiency ratio
68,690Assets per employee
4.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.04%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
32.37%Noncurrent assets plus other real estate owned to assets
3.13%Noncurrent loans to loans
3.87%Net loans and leases to deposits
92.19%Net loans and leases to core deposits
115.15%Equity capital to assets
9.77%Core capital (leverage) ratio
8.14%Tier 1 risk-based capital ratio
10.20%Total risk-based capital ratio
Memoranda
$11Average assets
$50,793Average earning assets
$5,135Average equity
$46,857Average loans
Total Fiduciary and Related Assets (December 31, 2009)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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