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

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

Melvin Savings Bank - Overview

General
FDIC Certificate #: 256
Status: Active
Federal Reserve ID: 764441
Bank Holding Company (Regulatory Top Holder): Benz Holding Company (RSSDID: 1205428, Location: Melvin, IA)
Date Established: January 01, 1912
WWW: http://www.melvinsavingsbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 205
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 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: 260 Main Street, Melvin, IA 51350
County: Osceola
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $56.1 mil
Equity capital: $10.6 mil
Deposits held in domestic offices: $45.3 mil
Return on assets (ROA): 0.84% ($0.5 mil)
Quarterly return on assets: -0.28% (-$0.2 mil)
Return on Equity (ROE): 4.15% ($0.5 mil)
Quarterly return on equity: -1.41% (-$0.2 mil)
Net income: $0.5 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 1.14% ($639.1 mil)
Quarterly Pretax return on assets: 0.01% ($5.6 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
10Total employees (full-time equivalent)
$56,062Total assets
$5,512Cash and due from depository institutions
$3,332Interest-bearing balances
$24,793Securities
$2,423Federal funds sold & reverse repurchase agreements
$21,617Net loans & leases
$449Loan loss allowance
$0Trading account assets
$878Bank premises and fixed assets
$0Other real estate owned
$231Goodwill and other intangibles
$56,062Life insurance assets
$608All other assets
$45,505Total liabilities and capital
$45,284Total liabilities
$39,129Total deposits
$45,284Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$221Subordinated debt
$10,557All other liabilities
$10,557Total equity capital
$10,557Total bank equity capital
$0Perpetual preferred stock
$166Common stock
$820Surplus
$9,571Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9Income earned, not collected on loans
$0Earning assets
$529Long-term assets (5+ years)
$52,165Average Assets, year-to-date
$12,633Average Assets, quarterly
$54,943Volatile liabilities
$56,149Insider loans
$40,430FHLB advances
$57,145Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,291Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,841Restructured Loans and leases
$758Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,050Total interest income
$427Total interest expense
$1,623Net interest income
$0Provision for loan and lease losses
$185Total noninterest income
$0Fiduciary activities
$127Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$1,180Total noninterest expense
$745Salaries and employee benefits
$156Premises and equipment expense
$279Additional noninterest expense
$628Pre-tax net operating income
$0Securities gains (losses)
$165Applicable income taxes
$463Income before extraordinary items
$0Extraordinary gains - net
$463Net income attributable to bank
$0Net charge-offs
$463Cash dividends
$5Sale, conversion, retirement of capital stock, net
$87Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.99%Yield on earning assets
0.83%Cost of funding earning assets
3.16%Net interest margin
0.36%Noninterest income to earning assets
2.30%Noninterest expense to earning assets
0.84%Net operating income to assets
0.84%Return on assets (ROA)
1.14%Pretax return on assets
4.15%Return on equity (ROE)
3.37%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
125.60%Efficiency ratio
65,265Assets per employee
5.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.79%Loss allowance to loans
2.03%Loss allowance to noncurrent loans
4988.89%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.04%Net loans and leases to deposits
47.74%Net loans and leases to core deposits
48.00%Equity capital to assets
18.83%Core capital (leverage) ratio
18.01%Tier 1 risk-based capital ratio
25.45%Total risk-based capital ratio
Memoranda
$27Average assets
$54,943Average earning assets
$11,157Average equity
$51,377Average 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
$284Managed Assets
1Number of Accounts
$212Personal trust and agency accounts
$212Employee 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
17Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$72Other retirement accounts
$72Corporate 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	205	Melvin Savings Bank	260 Main Street, Melvin, IA 51350	January 01, 1912	Full Service Brick and Mortar
1	274221	Sibley Branch	721 Second Avenue, Sibley, IA 51249	January 01, 1934	Full Service Brick and Mortar

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

Melvin 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:

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

Melvin 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:

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