FDIC Certificate #: 11352 Status: Active Federal Reserve ID: 595944 Bank Holding Company (Regulatory Top Holder): San Bancorp. (RSSDID: 1202922, Location: Sanborn, IA) Date Established: Febuary 01, 1899 WWW:http://www.sanbornbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7253 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 28, 2011 Last Structure Change Process Date: March 29, 2011 Last Data Update: March 29, 2011 Data Source Date: April 05, 2012
Location
Address: 219 Main Street, Sanborn, IA 51248 County: O'brien Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux City 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: $60.3 mil Equity capital: $5.7 mil Deposits held in domestic offices: $52.7 mil Return on assets (ROA): 0.76% ($0.5 mil) Quarterly return on assets: 0.68% ($0.4 mil) Return on Equity (ROE): 7.97% ($0.5 mil) Quarterly return on equity: 6.95% ($0.4 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.80% ($482.6 mil) Quarterly Pretax return on assets: 0.75% ($452.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$60,327Total assets
$2,952Cash and due from depository institutions
$2,401Interest-bearing balances
$15,405Securities
$716Federal funds sold & reverse repurchase agreements
$37,859Net loans & leases
$353Loan loss allowance
$0Trading account assets
$339Bank premises and fixed assets
$150Other real estate owned
$272Goodwill and other intangibles
$60,327Life insurance assets
$2,634All other assets
$54,660Total liabilities and capital
$52,703Total liabilities
$48,390Total deposits
$52,703Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,760Trading liabilities
$0Other borrowed funds
$197Subordinated debt
$5,667All other liabilities
$5,667Total equity capital
$5,667Total bank equity capital
$0Perpetual preferred stock
$192Common stock
$1,858Surplus
$3,617Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$354Long-term assets (5+ years)
$56,381Average Assets, year-to-date
$9,715Average Assets, quarterly
$56,148Volatile liabilities
$57,360Insider loans
$43,824FHLB advances
$55,986Loans and leases held for sale
$277Unused loan commitments
$277Tier 1 (core) risk-based capital
$5,093Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,103Restructured Loans and leases
$174Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,243Total interest income
$511Total interest expense
$1,732Net interest income
$136Provision for loan and lease losses
$105Total noninterest income
$0Fiduciary activities
$76Service charges on deposit accounts
$0Trading account gains & fees
$29Additional noninterest income
$1,254Total noninterest expense
$772Salaries and employee benefits
$99Premises and equipment expense
$383Additional noninterest expense
$447Pre-tax net operating income
$0Securities gains (losses)
$21Applicable income taxes
$426Income before extraordinary items
$0Extraordinary gains - net
$426Net income attributable to bank
$0Net charge-offs
$426Cash dividends
$188Sale, conversion, retirement of capital stock, net
$160Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.23%Yield on earning assets
0.96%Cost of funding earning assets
3.27%Net interest margin
0.20%Noninterest income to earning assets
2.37%Noninterest expense to earning assets
0.76%Net operating income to assets
0.76%Return on assets (ROA)
0.80%Pretax return on assets
7.97%Return on equity (ROE)
4.98%Retained earnings to average equity (YTD only)
0.51%Net charge-offs to loans
72.34%Credit loss provision to net charge-offs
3.10%Efficiency ratio
68,263Assets per employee
5.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.56%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.00%Net loans and leases to deposits
71.83%Net loans and leases to core deposits
76.66%Equity capital to assets
9.39%Core capital (leverage) ratio
9.10%Tier 1 risk-based capital ratio
11.62%Total risk-based capital ratio
Memoranda
$12Average assets
$56,148Average earning assets
$5,342Average equity
$52,979Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7253
Sanborn Savings Bank
219 Main Street, Sanborn, IA 51248
Febuary 01, 1899
Full Service Brick and Mortar
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