Sloan State Bank in Sloan, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Sloan State Bank in Sloan, Iowa (IA)
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Sloan State Bank routing number info

Sloan State Bank - Overview

  • General
  • FDIC Certificate #: 8507
    Status: Active
    Federal Reserve ID: 481748
    Bank Holding Company (Regulatory Top Holder): Sloan State Corporation (RSSDID: 1201439, Location: Sloan, IA)
    Date Established: October 19, 1889
    WWW: http://www.sloanstatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 5417
    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 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 302 Fourth Street, Sloan, IA 51055
    County: Woodbury
    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
    Metropolitan Statistical Area (MSA): Sioux City, IA-NE (#7720)
    Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
    Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
    CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $46.0 mil
    Equity capital: $5.5 mil
    Deposits held in domestic offices: $40.5 mil
    Return on assets (ROA): 1.42% ($0.7 mil)
    Quarterly return on assets: 1.17% ($0.5 mil)
    Return on Equity (ROE): 12.07% ($0.6 mil)
    Quarterly return on equity: 9.50% ($0.5 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.50% ($690.0 mil)
    Quarterly Pretax return on assets: 1.23% ($565.8 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
  • 12Total employees (full-time equivalent)
  • $46,003Total assets
  • $9,241Cash and due from depository institutions
  • $7,145Interest-bearing balances
  • $18,141Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $17,842Net loans & leases
  • $321Loan loss allowance
  • $0Trading account assets
  • $275Bank premises and fixed assets
  • $105Other real estate owned
  • $0Goodwill and other intangibles
  • $46,003Life insurance assets
  • $399All other assets
  • $40,545Total liabilities and capital
  • $40,489Total liabilities
  • $24,727Total deposits
  • $40,489Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $56Subordinated debt
  • $5,458All other liabilities
  • $5,458Total equity capital
  • $5,458Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $1,100Surplus
  • $4,058Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $354Income earned, not collected on loans
  • $0Earning assets
  • $184Long-term assets (5+ years)
  • $43,128Average Assets, year-to-date
  • $15,173Average Assets, quarterly
  • $44,881Volatile liabilities
  • $44,755Insider loans
  • $21,136FHLB advances
  • $45,601Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,750Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,641Restructured Loans and leases
  • $1,072Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,731Total interest income
  • $218Total interest expense
  • $1,513Net interest income
  • $0Provision for loan and lease losses
  • $89Total noninterest income
  • $3Fiduciary activities
  • $66Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20Additional noninterest income
  • $930Total noninterest expense
  • $594Salaries and employee benefits
  • $62Premises and equipment expense
  • $274Additional noninterest expense
  • $672Pre-tax net operating income
  • $0Securities gains (losses)
  • $33Applicable income taxes
  • $639Income before extraordinary items
  • $0Extraordinary gains - net
  • $639Net income attributable to bank
  • $0Net charge-offs
  • $639Cash dividends
  • -$15Sale, conversion, retirement of capital stock, net
  • $528Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 12.07%Return on equity (ROE)
  • 2.10%Retained earnings to average equity (YTD only)
  • -0.09%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 58,052Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.63%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 90.68%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 1.95%Net loans and leases to deposits
  • 44.07%Net loans and leases to core deposits
  • 44.35%Equity capital to assets
  • 11.86%Core capital (leverage) ratio
  • 10.42%Tier 1 risk-based capital ratio
  • 22.47%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $44,881Average earning assets
  • $5,296Average equity
  • $40,619Average 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
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,265Managed Assets
  • 1Number of Accounts
  • $313Personal trust and agency accounts
  • $313Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 35Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $952Other retirement accounts
  • $240Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $712Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    05417Sloan State Bank302 Fourth Street, Sloan, IA 51055October 19, 1889Full Service Brick and Mortar
    111190Whiting Branch524 Whittier, Whiting, IA 51063October 04, 1952Full Service Brick and Mortar

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