FDIC Certificate #: 9299 Status: Active Federal Reserve ID: 466044 Bank Holding Company (Regulatory Top Holder): Ames National Corporation (RSSDID: 1202258, Location: Ames, IA) Date Established: January 28, 1928 WWW:http://www.randallstory.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12520 FDIC's unique #: 5954 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 07, 2012 Last Structure Change Process Date: March 13, 2012 Last Data Update: March 13, 2012 Data Source Date: April 05, 2012
Location
Address: 606 Broad Street, Story City, IA 50248 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
Name Change
Financial Summary
Total assets: $91.3 mil Equity capital: $9.9 mil Deposits held in domestic offices: $77.3 mil Return on assets (ROA): 1.40% ($1.3 mil) Quarterly return on assets: 1.45% ($1.3 mil) Return on Equity (ROE): 13.16% ($1.3 mil) Quarterly return on equity: 13.25% ($1.3 mil) Net income: $1.2 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.95% ($1,779.9 mil) Quarterly Pretax return on assets: 2.00% ($1,825.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$91,279Total assets
$4,148Cash and due from depository institutions
$1,719Interest-bearing balances
$33,150Securities
$0Federal funds sold & reverse repurchase agreements
$51,332Net loans & leases
$731Loan loss allowance
$0Trading account assets
$872Bank premises and fixed assets
$627Other real estate owned
$0Goodwill and other intangibles
$91,279Life insurance assets
$1,150All other assets
$81,383Total liabilities and capital
$77,277Total liabilities
$65,200Total deposits
$77,277Interest-bearing deposits
$93Deposits held in domestic offices
2792.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$711Trading liabilities
$0Other borrowed funds
$603Subordinated debt
$9,896All other liabilities
$9,896Total equity capital
$9,896Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$2,100Surplus
$7,396Undivided profits
Memoranda
$0Noncurrent loans and leases
$328Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$209Income earned, not collected on loans
$0Earning assets
$823Long-term assets (5+ years)
$86,201Average Assets, year-to-date
$31,318Average Assets, quarterly
$87,875Volatile liabilities
$90,186Insider loans
$67,101FHLB advances
$88,153Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,955Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,686Restructured Loans and leases
$1,378Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,708Total interest income
$922Total interest expense
$2,786Net interest income
$0Provision for loan and lease losses
$291Total noninterest income
$0Fiduciary activities
$124Service charges on deposit accounts
$0Trading account gains & fees
$167Additional noninterest income
$1,453Total noninterest expense
$773Salaries and employee benefits
$84Premises and equipment expense
$596Additional noninterest expense
$1,624Pre-tax net operating income
$86Securities gains (losses)
$476Applicable income taxes
$1,234Income before extraordinary items
$0Extraordinary gains - net
$1,234Net income attributable to bank
$0Net charge-offs
$1,234Cash dividends
$1Sale, conversion, retirement of capital stock, net
$800Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.44%Yield on earning assets
1.10%Cost of funding earning assets
3.33%Net interest margin
0.35%Noninterest income to earning assets
1.74%Noninterest expense to earning assets
1.33%Net operating income to assets
1.40%Return on assets (ROA)
1.95%Pretax return on assets
13.16%Return on equity (ROE)
4.63%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1624.00%Efficiency ratio
47,221Assets per employee
7.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.83%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
349.76%Noncurrent assets plus other real estate owned to assets
0.92%Noncurrent loans to loans
0.40%Net loans and leases to deposits
66.43%Net loans and leases to core deposits
71.12%Equity capital to assets
10.84%Core capital (leverage) ratio
10.16%Tier 1 risk-based capital ratio
13.35%Total risk-based capital ratio
Memoranda
$14Average assets
$87,875Average earning assets
$9,377Average equity
$83,547Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5954
Reliance State Bank
606 Broad Street, Story City, IA 50248
January 28, 1928
Full Service Brick and Mortar
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