FDIC Certificate #: 11764 Status: Active Federal Reserve ID: 598543 Bank Holding Company (Regulatory Top Holder): Cypress Corporation (RSSDID: 1199808, Location: Omaha, NE) Date Established: January 01, 1894 WWW:http://www.sibleystatebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15826 FDIC's unique #: 7524 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: October 05, 2006 Last Structure Change Process Date: October 05, 2006 Last Data Update: October 05, 2006 Data Source Date: April 05, 2012
Location
Address: 803 Fourth Avenue, Sibley, IA 51249 County: Osceola 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
Financial Summary
Total assets: $98.2 mil Equity capital: $6.7 mil Deposits held in domestic offices: $71.6 mil Return on assets (ROA): 1.19% ($1.2 mil) Quarterly return on assets: 0.92% ($0.9 mil) Return on Equity (ROE): 14.36% ($1.0 mil) Quarterly return on equity: 12.04% ($0.8 mil) Net income: $1.0 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.84% ($1,806.4 mil) Quarterly Pretax return on assets: 1.43% ($1,403.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$98,175Total assets
$11,859Cash and due from depository institutions
$198Interest-bearing balances
$22,184Securities
$0Federal funds sold & reverse repurchase agreements
$61,723Net loans & leases
$744Loan loss allowance
$0Trading account assets
$829Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$98,175Life insurance assets
$1,580All other assets
$91,469Total liabilities and capital
$71,605Total liabilities
$61,642Total deposits
$71,605Interest-bearing deposits
$96Deposits held in domestic offices
19513.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$351Subordinated debt
$6,706All other liabilities
$6,706Total equity capital
$6,706Total bank equity capital
$0Perpetual preferred stock
$419Common stock
$4,377Surplus
$1,910Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6Income earned, not collected on loans
$0Earning assets
$1,212Long-term assets (5+ years)
$84,105Average Assets, year-to-date
$8,119Average Assets, quarterly
$82,931Volatile liabilities
$89,333Insider loans
$63,351FHLB advances
$83,739Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,601Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,953Restructured Loans and leases
$48Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,331Total interest income
$465Total interest expense
$2,866Net interest income
$22Provision for loan and lease losses
$329Total noninterest income
$1Fiduciary activities
$221Service charges on deposit accounts
$0Trading account gains & fees
$107Additional noninterest income
$1,756Total noninterest expense
$1,086Salaries and employee benefits
$174Premises and equipment expense
$496Additional noninterest expense
$1,417Pre-tax net operating income
$110Securities gains (losses)
$542Applicable income taxes
$985Income before extraordinary items
$0Extraordinary gains - net
$985Net income attributable to bank
$0Net charge-offs
$985Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$900Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.43%Yield on earning assets
0.62%Cost of funding earning assets
3.81%Net interest margin
0.44%Noninterest income to earning assets
2.34%Noninterest expense to earning assets
1.10%Net operating income to assets
1.19%Return on assets (ROA)
1.84%Pretax return on assets
14.36%Return on equity (ROE)
1.24%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-2200.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
54,961Assets per employee
7.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
91.37%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
12400.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
86.20%Net loans and leases to core deposits
95.42%Equity capital to assets
6.83%Core capital (leverage) ratio
7.88%Tier 1 risk-based capital ratio
10.42%Total risk-based capital ratio
Memoranda
$12Average assets
$82,931Average earning assets
$6,859Average equity
$75,177Average 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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