FDIC Certificate #: 14693 Status: Active Federal Reserve ID: 828745 Bank Holding Company (Regulatory Top Holder): Monroe Bancshares, Ltd. (RSSDID: 1208287, Location: Monroe, IA) Date Established: May 01, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9189 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: August 22, 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: 101 W Washington Street, Monroe, IA 50170 County: Jasper 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 Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218) Core Based Statistical Area (CBSA): Newton, IA (#35500) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $22.6 mil Equity capital: $3.2 mil Deposits held in domestic offices: $19.4 mil Return on assets (ROA): 0.73% ($0.2 mil) Quarterly return on assets: -0.73% (-$0.2 mil) Return on Equity (ROE): 5.07% ($0.2 mil) Quarterly return on equity: -5.01% (-$0.2 mil) Net income: $0.2 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.76% ($171.7 mil) Quarterly Pretax return on assets: -1.83% (-$413.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$22,597Total assets
$6,088Cash and due from depository institutions
$4,380Interest-bearing balances
$1,964Securities
$1,520Federal funds sold & reverse repurchase agreements
$12,300Net loans & leases
$161Loan loss allowance
$0Trading account assets
$57Bank premises and fixed assets
$466Other real estate owned
$0Goodwill and other intangibles
$22,596Life insurance assets
$202All other assets
$19,410Total liabilities and capital
$19,394Total liabilities
$16,332Total deposits
$19,394Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$16Subordinated debt
$3,186All other liabilities
$3,186Total equity capital
$3,186Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$675Surplus
$2,436Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$546Income earned, not collected on loans
$0Earning assets
$145Long-term assets (5+ years)
$20,164Average Assets, year-to-date
$792Average Assets, quarterly
$22,810Volatile liabilities
$22,572Insider loans
$16,672FHLB advances
$22,951Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,139Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,494Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$943Total interest income
$126Total interest expense
$817Net interest income
-$9Provision for loan and lease losses
$113Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$31Additional noninterest income
$763Total noninterest expense
$509Salaries and employee benefits
$116Premises and equipment expense
$138Additional noninterest expense
$176Pre-tax net operating income
-$2Securities gains (losses)
$8Applicable income taxes
$166Income before extraordinary items
$0Extraordinary gains - net
$166Net income attributable to bank
$0Net charge-offs
$166Cash dividends
$0Sale, conversion, retirement of capital stock, net
$150Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.71%Yield on earning assets
0.63%Cost of funding earning assets
4.08%Net interest margin
0.56%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
0.74%Net operating income to assets
0.73%Return on assets (ROA)
0.76%Pretax return on assets
5.07%Return on equity (ROE)
0.49%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
82,043Assets per employee
3.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
90.36%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
29.49%Noncurrent assets plus other real estate owned to assets
4.48%Noncurrent loans to loans
4.38%Net loans and leases to deposits
63.42%Net loans and leases to core deposits
63.42%Equity capital to assets
14.10%Core capital (leverage) ratio
13.68%Tier 1 risk-based capital ratio
18.83%Total risk-based capital ratio
Memoranda
$20Average assets
$22,810Average earning assets
$3,274Average equity
$20,040Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9189
Monroe State Bank
101 W Washington Street, Monroe, IA 50170
May 01, 1934
Full Service Brick and Mortar
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