Iowa Savings Bank, FSB in Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 29, 1995

  • Iowa Savings Bank, FSB in Des Moines, Iowa (IA)
  • Show street view No street view available for this location

Iowa Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 27658
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: MetaBank (#30776)
    Federal Reserve ID: 835471
    Date Established: January 01, 1921
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 65
    FDIC's unique #: 40492
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 13, 1959
    Last Structure Change Effective Date: December 29, 1995
    Last Structure Change Process Date: January 31, 1996
    Last Data Update: January 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 3624 Sixth Avenue, Des Moines, IA 50313
    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: $24.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $4Total assets
  • $22,094Cash and due from depository institutions
  • $1,934Interest-bearing balances
  • $1,820Securities
  • $4,129Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $15,614Loan loss allowance
  • $27Trading account assets
  • $0Bank premises and fixed assets
  • $80Other real estate owned
  • $0Goodwill and other intangibles
  • $337Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $22,094Total liabilities
  • $17,150Total deposits
  • $15,943Interest-bearing deposits
  • $15,853Deposits held in domestic offices
  • 15943.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,134Subordinated debt
  • $0All other liabilities
  • $73Total equity capital
  • $73Total bank equity capital
  • $4,944Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,300Undivided profits
  • Memoranda
  • $3,643Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $81Earning assets
  • $21,563Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $21,274Average Assets, quarterly
  • $22,092Volatile liabilities
  • $1,569Insider loans
  • $0FHLB advances
  • $850Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,887Total risk weighted assets
  • $9,421Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,577Total interest expense
  • $732Net interest income
  • $845Provision for loan and lease losses
  • $5Total noninterest income
  • $18Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $18Total noninterest expense
  • $309Salaries and employee benefits
  • $200Premises and equipment expense
  • $20Additional noninterest expense
  • $89Pre-tax net operating income
  • $549Securities gains (losses)
  • $0Applicable income taxes
  • $206Income before extraordinary items
  • $343Extraordinary gains - net
  • $0Net income attributable to bank
  • $343Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $1,301Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.61%Cost of funding earning assets
  • 3.53%Net interest margin
  • 4.08%Noninterest income to earning assets
  • 0.09%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.61%Return on assets (ROA)
  • 1.61%Pretax return on assets
  • 2.58%Return on equity (ROE)
  • 8.03%Retained earnings to average equity (YTD only)
  • 8.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 35,805Assets per employee
  • 5.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.17%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 97.94%Net loans and leases to core deposits
  • 100.68%Equity capital to assets
  • 22.38%Core capital (leverage) ratio
  • 22.18%Tier 1 risk-based capital ratio
  • 51.87%Total risk-based capital ratio
  • Memoranda
  • $52Average assets
  • $21,274Average earning assets
  • $4,270Average equity
  • $20,734Average loans

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