FDIC Certificate #: 15914 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Peoples State Bank (#12814) Federal Reserve ID: 787440 Date Established: January 01, 1934 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 15914 FDIC's unique #: 10146 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 01, 1942 Last Structure Change Effective Date: August 20, 2011 Last Structure Change Process Date: August 31, 2011 Last Data Update: August 31, 2011 Data Source Date: April 05, 2012
Location
Address: 15 Goethe, Guttenberg, IA 52052 County: Clayton Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Chicago FDIC Field Office: Cedar Rapids Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $91.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
14Total employees (full-time equivalent)
$89,855Total assets
$3,697Cash and due from depository institutions
$2,460Interest-bearing balances
$31,178Securities
$3,861Federal funds sold & reverse repurchase agreements
$45,025Net loans & leases
$556Loan loss allowance
$0Trading account assets
$740Bank premises and fixed assets
$0Other real estate owned
$3,914Goodwill and other intangibles
$316Life insurance assets
$1,440All other assets
$89,855Total liabilities and capital
$78,425Total liabilities
$75,247Total deposits
$66,867Interest-bearing deposits
$75,247Deposits held in domestic offices
87.97%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,887Other borrowed funds
$0Subordinated debt
$291All other liabilities
$11,430Total equity capital
$11,430Total bank equity capital
$11,430Perpetual preferred stock
$0Common stock
$200Surplus
$6,335Undivided profits
Memoranda
$4,895Noncurrent loans and leases
$4,346Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$349Earning assets
$0Long-term assets (5+ years)
$469Average Assets, year-to-date
$82,524Average Assets, quarterly
$23,399Volatile liabilities
$88,055Insider loans
$89,981FHLB advances
$14,970Loans and leases held for sale
$723Unused loan commitments
$2,887Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,346Total unused commitments
$0Restructured Loans and leases
$556Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$3,988Total interest income
$1,237Total interest expense
$2,751Net interest income
$197Provision for loan and lease losses
$250Total noninterest income
$2Fiduciary activities
$168Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$1,442Total noninterest expense
$794Salaries and employee benefits
$70Premises and equipment expense
$578Additional noninterest expense
$1,362Pre-tax net operating income
$0Securities gains (losses)
$68Applicable income taxes
$1,294Income before extraordinary items
$0Extraordinary gains - net
$1,294Net income attributable to bank
$0Net charge-offs
$1,294Cash dividends
$206Sale, conversion, retirement of capital stock, net
$1,400Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.95%Yield on earning assets
1.54%Cost of funding earning assets
3.41%Net interest margin
0.31%Noninterest income to earning assets
1.79%Noninterest expense to earning assets
1.47%Net operating income to assets
1.47%Return on assets (ROA)
1.55%Pretax return on assets
10.74%Return on equity (ROE)
-0.88%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
95.63%Credit loss provision to net charge-offs
7.57%Efficiency ratio
48,051Assets per employee
6.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
108.19%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
159.31%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.77%Net loans and leases to deposits
59.84%Net loans and leases to core deposits
74.70%Equity capital to assets
12.72%Core capital (leverage) ratio
8.26%Tier 1 risk-based capital ratio
13.60%Total risk-based capital ratio
Memoranda
$15Average assets
$88,055Average earning assets
$12,044Average equity
$80,562Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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