Maynard Savings Bank in city_name, state_name - Detailed Financial Reports, Location

Maynard Savings Bank in Maynard, Iowa (IA)
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Maynard Savings Bank routing number info

Maynard Savings Bank - Overview

General
FDIC Certificate #: 13736
Status: Active
Federal Reserve ID: 1009840
Bank Holding Company (Regulatory Top Holder): Fayette Bancorporation (RSSDID: 1204355, Location: Marion, IA)
Date Established: January 01, 1895
WWW: http://www.maynardsavingsbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 15541
FDIC's unique #: 8587
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 13, 1934
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: 310 West Main Street, Maynard, IA 50655
County: Fayette
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $49.9 mil
Equity capital: $7.2 mil
Deposits held in domestic offices: $39.7 mil
Return on assets (ROA): 2.32% ($1.2 mil)
Quarterly return on assets: 2.31% ($1.2 mil)
Return on Equity (ROE): 16.39% ($1.1 mil)
Quarterly return on equity: 15.96% ($1.1 mil)
Net income: $1.1 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 2.45% ($1,223.7 mil)
Quarterly Pretax return on assets: 2.44% ($1,218.7 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)
$49,945Total assets
$1,548Cash and due from depository institutions
$12Interest-bearing balances
$9,742Securities
$2,360Federal funds sold & reverse repurchase agreements
$34,761Net loans & leases
$358Loan loss allowance
$0Trading account assets
$598Bank premises and fixed assets
$44Other real estate owned
$0Goodwill and other intangibles
$49,945Life insurance assets
$892All other assets
$42,739Total liabilities and capital
$39,657Total liabilities
$33,790Total deposits
$39,657Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,975Trading liabilities
$0Other borrowed funds
$107Subordinated debt
$7,206All other liabilities
$7,206Total equity capital
$7,206Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$600Surplus
$6,366Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$286Income earned, not collected on loans
$0Earning assets
$522Long-term assets (5+ years)
$46,875Average Assets, year-to-date
$11,154Average Assets, quarterly
$47,991Volatile liabilities
$49,264Insider loans
$37,556FHLB advances
$50,438Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,644Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,936Restructured Loans and leases
$174Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,584Total interest income
$448Total interest expense
$2,136Net interest income
$90Provision for loan and lease losses
$194Total noninterest income
$1Fiduciary activities
$158Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$1,064Total noninterest expense
$694Salaries and employee benefits
$130Premises and equipment expense
$240Additional noninterest expense
$1,176Pre-tax net operating income
$0Securities gains (losses)
$61Applicable income taxes
$1,115Income before extraordinary items
$0Extraordinary gains - net
$1,115Net income attributable to bank
$0Net charge-offs
$1,115Cash dividends
$100Sale, conversion, retirement of capital stock, net
$754Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.72%Yield on earning assets
0.99%Cost of funding earning assets
4.73%Net interest margin
0.43%Noninterest income to earning assets
2.35%Noninterest expense to earning assets
2.32%Net operating income to assets
2.32%Return on assets (ROA)
2.45%Pretax return on assets
16.39%Return on equity (ROE)
5.31%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
90.00%Credit loss provision to net charge-offs
12.66%Efficiency ratio
45,665Assets per employee
5.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.62%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
125.17%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.81%Net loans and leases to deposits
87.65%Net loans and leases to core deposits
88.62%Equity capital to assets
14.43%Core capital (leverage) ratio
13.17%Tier 1 risk-based capital ratio
17.69%Total risk-based capital ratio
Memoranda
$19Average assets
$47,991Average earning assets
$6,801Average equity
$45,204Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$128Managed Assets
1Number of Accounts
$128Personal trust and agency accounts
$128Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
2Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	8587	Maynard Savings Bank	310 West Main Street, Maynard, IA 50655	January 01, 1895	Full Service Brick and Mortar
1	230033	Hazleton Branch	109 North Main Street, Hazleton, IA 50641	July 15, 1936	Full Service Brick and Mortar

Maynard Savings Bank in Maynard, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Maynard Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Maynard Savings Bank in Maynard, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Maynard Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Maynard Savings Bank in Maynard, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches