Liberty Bank & Trust in Woodbine, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 1998

Liberty Bank & Trust in Woodbine, Iowa (IA)
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Liberty Bank & Trust - Overview

General
FDIC Certificate #: 25891
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
Federal Reserve ID: 629643
Date Established: Febuary 07, 1985
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 32134
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: Febuary 07, 1985
Last Structure Change Effective Date: Febuary 13, 1998
Last Structure Change Process Date: April 13, 1998
Last Data Update: April 13, 1998
Data Source Date: April 05, 2012
Location
Address: 425 Walker Street, Woodbine, IA 51579
County: Harrison
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Omaha
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
Financial Summary
Total assets: $49.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
15Total employees (full-time equivalent)
$49,567Total assets
$1,428Cash and due from depository institutions
$198Interest-bearing balances
$8,175Securities
$1,255Federal funds sold & reverse repurchase agreements
$37,341Net loans & leases
$275Loan loss allowance
$0Trading account assets
$304Bank premises and fixed assets
$0Other real estate owned
$14Goodwill and other intangibles
$0Life insurance assets
$1,050All other assets
$49,567Total liabilities and capital
$45,651Total liabilities
$45,236Total deposits
$41,317Interest-bearing deposits
$45,236Deposits held in domestic offices
0.00%% insured (estimated)
$207Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$208All other liabilities
$3,916Total equity capital
$3,916Total bank equity capital
$3,916Perpetual preferred stock
$0Common stock
$500Surplus
$1,500Undivided profits
Memoranda
$1,916Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$116Earning assets
$0Long-term assets (5+ years)
$760Average Assets, year-to-date
$46,969Average Assets, quarterly
$4,280Volatile liabilities
$48,676Insider loans
$49,499FHLB advances
$7,092Loans and leases held for sale
$476Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,093Total unused commitments
$0Restructured Loans and leases
$37,982Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$3,875Total interest income
$1,961Total interest expense
$1,914Net interest income
$126Provision for loan and lease losses
$420Total noninterest income
$0Fiduciary activities
$274Service charges on deposit accounts
$0Trading account gains & fees
$146Additional noninterest income
$1,172Total noninterest expense
$533Salaries and employee benefits
$104Premises and equipment expense
$535Additional noninterest expense
$1,036Pre-tax net operating income
$7Securities gains (losses)
$341Applicable income taxes
$702Income before extraordinary items
$0Extraordinary gains - net
$702Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$138Sale, conversion, retirement of capital stock, net
$370Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.40%Yield on earning assets
4.25%Cost of funding earning assets
4.15%Net interest margin
0.91%Noninterest income to earning assets
2.54%Noninterest expense to earning assets
1.43%Net operating income to assets
1.44%Return on assets (ROA)
2.14%Pretax return on assets
18.70%Return on equity (ROE)
8.84%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
91.30%Credit loss provision to net charge-offs
8.42%Efficiency ratio
50,214Assets per employee
3.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.71%Loss allowance to loans
0.73%Loss allowance to noncurrent loans
237.07%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.31%Net loans and leases to deposits
82.55%Net loans and leases to core deposits
97.37%Equity capital to assets
7.90%Core capital (leverage) ratio
7.70%Tier 1 risk-based capital ratio
10.17%Total risk-based capital ratio
Memoranda
$11Average assets
$48,676Average earning assets
$3,754Average equity
$46,147Average loans

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