FDIC Certificate #: 29797 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Commercial Federal Bank, a Federal Savings Bank (#30341) Federal Reserve ID: 223573 Date Established: November 14, 1936 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4104 FDIC's unique #: 42631 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: November 14, 1936 Last Structure Change Effective Date: Febuary 13, 1998 Last Structure Change Process Date: March 20, 1998 Last Data Update: March 20, 1998 Data Source Date: April 05, 2012
Location
Address: 5721 Merle Hay Road, Suite 10, Johnston, IA 50131 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: $111.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
57Total employees (full-time equivalent)
$111,823Total assets
$8,316Cash and due from depository institutions
$2,181Interest-bearing balances
$5,041Securities
$1,685Federal funds sold & reverse repurchase agreements
$92,558Net loans & leases
$794Loan loss allowance
$0Trading account assets
$1,309Bank premises and fixed assets
$0Other real estate owned
$26Goodwill and other intangibles
$0Life insurance assets
$2,888All other assets
$111,823Total liabilities and capital
$104,285Total liabilities
$103,259Total deposits
$87,426Interest-bearing deposits
$103,259Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,026All other liabilities
$7,538Total equity capital
$7,538Total bank equity capital
$7,538Perpetual preferred stock
$0Common stock
$800Surplus
$3,683Undivided profits
Memoranda
$3,055Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$627Earning assets
$0Long-term assets (5+ years)
$507Average Assets, year-to-date
$101,465Average Assets, quarterly
$0Volatile liabilities
$106,089Insider loans
$108,511FHLB advances
$31,325Loans and leases held for sale
$103Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,496Total unused commitments
$0Restructured Loans and leases
$79,189Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$9,185Total interest income
$4,250Total interest expense
$4,935Net interest income
$686Provision for loan and lease losses
$1,636Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,636Additional noninterest income
$4,396Total noninterest expense
$2,073Salaries and employee benefits
$1,070Premises and equipment expense
$1,253Additional noninterest expense
$1,489Pre-tax net operating income
$4Securities gains (losses)
$670Applicable income taxes
$823Income before extraordinary items
$0Extraordinary gains - net
$823Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$579Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.48%Yield on earning assets
4.39%Cost of funding earning assets
5.09%Net interest margin
1.69%Noninterest income to earning assets
4.54%Noninterest expense to earning assets
0.77%Net operating income to assets
0.78%Return on assets (ROA)
1.41%Pretax return on assets
11.75%Return on equity (ROE)
11.75%Retained earnings to average equity (YTD only)
0.66%Net charge-offs to loans
118.48%Credit loss provision to net charge-offs
3.76%Efficiency ratio
66,626Assets per employee
1.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
126.63%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.67%Net loans and leases to deposits
89.64%Net loans and leases to core deposits
128.67%Equity capital to assets
6.74%Core capital (leverage) ratio
6.71%Tier 1 risk-based capital ratio
9.48%Total risk-based capital ratio
Memoranda
$10Average assets
$106,089Average earning assets
$7,005Average equity
$96,884Average loans
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