FDIC Certificate #: 8506 Status: Active Federal Reserve ID: 234841 Date Established: January 01, 1898 WWW:http://www.newalbinsavingsbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14541 FDIC's unique #: 5416 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: June 03, 2010 Last Structure Change Process Date: June 03, 2010 Last Data Update: June 03, 2010 Data Source Date: April 05, 2012
Location
Address: 118 Main Street, New Albin, IA 52160 County: Allamakee 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
Change in Location
Financial Summary
Total assets: $188.3 mil Equity capital: $31.7 mil Deposits held in domestic offices: $145.0 mil Return on assets (ROA): 1.86% ($3.5 mil) Quarterly return on assets: 1.76% ($3.3 mil) Return on Equity (ROE): 12.00% ($3.8 mil) Quarterly return on equity: 10.56% ($3.4 mil) Net income: $3.5 mil Quarterly Net income: $0.8 mil Pretax return on assets: 2.21% ($4,161.3 mil) Quarterly Pretax return on assets: 2.05% ($3,860.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$188,294Total assets
$1,268Cash and due from depository institutions
$0Interest-bearing balances
$126,311Securities
$0Federal funds sold & reverse repurchase agreements
$57,943Net loans & leases
$695Loan loss allowance
$0Trading account assets
$463Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$188,294Life insurance assets
$2,309All other assets
$156,619Total liabilities and capital
$145,049Total liabilities
$136,985Total deposits
$145,049Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,000Trading liabilities
$0Other borrowed funds
$2,570Subordinated debt
$31,675All other liabilities
$31,675Total equity capital
$31,675Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$1,200Surplus
$30,375Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$245Income earned, not collected on loans
$0Earning assets
$1,329Long-term assets (5+ years)
$184,254Average Assets, year-to-date
$107,861Average Assets, quarterly
$188,722Volatile liabilities
$189,427Insider loans
$74,074FHLB advances
$182,696Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$27,385Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,865Restructured Loans and leases
$36Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$8,221Total interest income
$2,733Total interest expense
$5,488Net interest income
$0Provision for loan and lease losses
$110Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$39Additional noninterest income
$1,422Total noninterest expense
$831Salaries and employee benefits
$109Premises and equipment expense
$482Additional noninterest expense
$4,176Pre-tax net operating income
$0Securities gains (losses)
$664Applicable income taxes
$3,512Income before extraordinary items
$0Extraordinary gains - net
$3,512Net income attributable to bank
$0Net charge-offs
$3,512Cash dividends
-$20Sale, conversion, retirement of capital stock, net
$450Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.47%Yield on earning assets
1.49%Cost of funding earning assets
2.99%Net interest margin
0.06%Noninterest income to earning assets
0.77%Noninterest expense to earning assets
1.86%Net operating income to assets
1.86%Return on assets (ROA)
2.21%Pretax return on assets
12.00%Return on equity (ROE)
10.46%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
25,402Assets per employee
15.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.81%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
283.67%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.42%Net loans and leases to deposits
39.95%Net loans and leases to core deposits
41.57%Equity capital to assets
16.82%Core capital (leverage) ratio
14.99%Tier 1 risk-based capital ratio
36.97%Total risk-based capital ratio
Memoranda
$38Average assets
$188,722Average earning assets
$29,274Average equity
$183,826Average 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
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with New Albin Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: