FDIC Certificate #: 252 Status: Active Federal Reserve ID: 365745 Bank Holding Company (Regulatory Top Holder): Iowa River Bancorp, Inc. (RSSDID: 3916317, Location: Marshalltown, IA) Date Established: May 05, 1927 WWW:http://www.bankpinnacle.us Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10067 FDIC's unique #: 201 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion 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: 2206 South Center Street, Marshalltown, IA 50158 County: Marshall 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 Core Based Statistical Area (CBSA): Marshalltown, IA (#32260) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $96.8 mil Equity capital: $14.7 mil Deposits held in domestic offices: $69.7 mil Return on assets (ROA): 0.83% ($0.8 mil) Quarterly return on assets: 0.85% ($0.8 mil) Return on Equity (ROE): 5.34% ($0.8 mil) Quarterly return on equity: 5.51% ($0.8 mil) Net income: $0.7 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.28% ($1,239.2 mil) Quarterly Pretax return on assets: 1.27% ($1,229.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
17Total employees (full-time equivalent)
$96,813Total assets
$7,720Cash and due from depository institutions
$3,964Interest-bearing balances
$44,891Securities
$0Federal funds sold & reverse repurchase agreements
$33,689Net loans & leases
$499Loan loss allowance
$0Trading account assets
$2,877Bank premises and fixed assets
$864Other real estate owned
$5,228Goodwill and other intangibles
$96,813Life insurance assets
$1,544All other assets
$82,075Total liabilities and capital
$69,656Total liabilities
$60,646Total deposits
$69,656Interest-bearing deposits
$54Deposits held in domestic offices
4035.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,814Trading liabilities
$0Other borrowed funds
$1,570Subordinated debt
$14,738All other liabilities
$14,738Total equity capital
$14,738Total bank equity capital
$0Perpetual preferred stock
$516Common stock
$12,869Surplus
$1,353Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$434Income earned, not collected on loans
$0Earning assets
$374Long-term assets (5+ years)
$82,544Average Assets, year-to-date
$42,018Average Assets, quarterly
$89,839Volatile liabilities
$95,597Insider loans
$44,100FHLB advances
$89,871Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,275Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,249Restructured Loans and leases
$664Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,299Total interest income
$655Total interest expense
$2,644Net interest income
$145Provision for loan and lease losses
$1,300Total noninterest income
$367Fiduciary activities
$165Service charges on deposit accounts
$0Trading account gains & fees
$768Additional noninterest income
$2,637Total noninterest expense
$1,012Salaries and employee benefits
$450Premises and equipment expense
$1,175Additional noninterest expense
$1,162Pre-tax net operating income
-$15Securities gains (losses)
$398Applicable income taxes
$749Income before extraordinary items
$0Extraordinary gains - net
$749Net income attributable to bank
$0Net charge-offs
$749Cash dividends
$13Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.40%Yield on earning assets
0.87%Cost of funding earning assets
3.53%Net interest margin
1.73%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
0.84%Net operating income to assets
0.83%Return on assets (ROA)
1.28%Pretax return on assets
5.34%Return on equity (ROE)
5.34%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
1115.38%Credit loss provision to net charge-offs
100.54%Efficiency ratio
65,796Assets per employee
5.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
114.98%Noncurrent assets plus other real estate owned to assets
1.34%Noncurrent loans to loans
1.27%Net loans and leases to deposits
48.36%Net loans and leases to core deposits
48.81%Equity capital to assets
15.22%Core capital (leverage) ratio
10.32%Tier 1 risk-based capital ratio
21.03%Total risk-based capital ratio
Memoranda
$22Average assets
$89,839Average earning assets
$14,016Average equity
$74,937Average 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
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