Nevada National Bank in Nevada, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 1996

  • Nevada National Bank in Nevada, Iowa (IA)
  • Show street view No street view available for this location

Nevada National Bank - Overview

  • General
  • FDIC Certificate #: 14072
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Bank, Federal Savings Bank (#28256)
    Federal Reserve ID: 230647
    Date Established: January 01, 1934
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 10466
    FDIC's unique #: 8797
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 16, 1934
    Last Structure Change Effective Date: July 15, 1996
    Last Structure Change Process Date: August 23, 1996
    Last Data Update: August 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 5th And K Streets, Nevada, IA 50201
    County: Story
    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): Ames-Boone, IA (#112)
    Core Based Statistical Area (CBSA): Ames, IA (#11180)
    CBSA Metro Statistical Area: Ames, IA (#11180)
  • History of Changes
  • Merger - Without Assistance
    Participated in Absorption/Consolidation/Merger
    Corrections
  • Financial Summary
  • Total assets: $82.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $18Total assets
  • $76,115Cash and due from depository institutions
  • $2,745Interest-bearing balances
  • $15Securities
  • $13,210Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $57,303Loan loss allowance
  • $971Trading account assets
  • $0Bank premises and fixed assets
  • $371Other real estate owned
  • $0Goodwill and other intangibles
  • $1,471Life insurance assets
  • $1,015All other assets
  • $0Total liabilities and capital
  • $76,115Total liabilities
  • $68,610Total deposits
  • $64,646Interest-bearing deposits
  • $58,415Deposits held in domestic offices
  • 64646.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $850Trading liabilities
  • $0Other borrowed funds
  • $2,009Subordinated debt
  • $0All other liabilities
  • $1,105Total equity capital
  • $1,105Total bank equity capital
  • $7,505Perpetual preferred stock
  • $0Common stock
  • $1,250Surplus
  • $4,756Undivided profits
  • Memoranda
  • $1,499Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5Income earned, not collected on loans
  • $769Earning assets
  • $70,528Long-term assets (5+ years)
  • $7,779Average Assets, year-to-date
  • $75,946Average Assets, quarterly
  • $76,706Volatile liabilities
  • $14,219Insider loans
  • $2,700FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,583Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,427Total risk weighted assets
  • $51,006Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,745Total interest expense
  • $3,181Net interest income
  • $2,564Provision for loan and lease losses
  • $92Total noninterest income
  • $167Fiduciary activities
  • $0Service charges on deposit accounts
  • $116Trading account gains & fees
  • $0Additional noninterest income
  • $51Total noninterest expense
  • $1,430Salaries and employee benefits
  • $680Premises and equipment expense
  • $104Additional noninterest expense
  • $646Pre-tax net operating income
  • $1,209Securities gains (losses)
  • $0Applicable income taxes
  • $404Income before extraordinary items
  • $805Extraordinary gains - net
  • $0Net income attributable to bank
  • $805Net charge-offs
  • $92Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.09%Cost of funding earning assets
  • 4.48%Net interest margin
  • 3.61%Noninterest income to earning assets
  • 0.24%Noninterest expense to earning assets
  • 2.01%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.06%Pretax return on assets
  • 1.59%Return on equity (ROE)
  • 11.27%Retained earnings to average equity (YTD only)
  • 9.87%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 100.00%Efficiency ratio
  • 49,140Assets per employee
  • 4.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.42%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 19420.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 88.64%Net loans and leases to core deposits
  • 107.54%Equity capital to assets
  • 9.86%Core capital (leverage) ratio
  • 8.46%Tier 1 risk-based capital ratio
  • 12.60%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $75,946Average earning assets
  • $7,144Average equity
  • $71,045Average loans

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