FDIC Certificate #: 15521 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Fidelity Bank & Trust (#14382) Federal Reserve ID: 149945 Date Established: August 07, 1937 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 11908 FDIC's unique #: 9819 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: August 07, 1937 Last Structure Change Effective Date: October 10, 2008 Last Structure Change Process Date: November 26, 2008 Last Data Update: November 26, 2008 Data Source Date: April 05, 2012
Location
Address: 110 First Avenue West, Worthington, IA 52078 County: Dubuque Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Cedar Rapids Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Dubuque, IA (#2200) Core Based Statistical Area (CBSA): Dubuque, IA (#20220) CBSA Metro Statistical Area: Dubuque, IA (#20220)
Financial Summary
Total assets: $50.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
14Total employees (full-time equivalent)
$51,060Total assets
$2,501Cash and due from depository institutions
$792Interest-bearing balances
$1,813Securities
$1,554Federal funds sold & reverse repurchase agreements
$39,004Net loans & leases
$324Loan loss allowance
$0Trading account assets
$1,116Bank premises and fixed assets
$460Other real estate owned
$3,743Goodwill and other intangibles
$0Life insurance assets
$869All other assets
$51,060Total liabilities and capital
$42,531Total liabilities
$38,538Total deposits
$33,676Interest-bearing deposits
$38,538Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,530Other borrowed funds
$0Subordinated debt
$463All other liabilities
$8,529Total equity capital
$8,529Total bank equity capital
$8,529Perpetual preferred stock
$0Common stock
$300Surplus
$6,400Undivided profits
Memoranda
$1,829Noncurrent loans and leases
$5,617Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$438Average Assets, year-to-date
$43,163Average Assets, quarterly
$5,808Volatile liabilities
$53,285Insider loans
$52,147FHLB advances
$5,575Loans and leases held for sale
$153Unused loan commitments
$3,530Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,617Total unused commitments
$0Restructured Loans and leases
$324Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$3,573Total interest income
$1,683Total interest expense
$1,890Net interest income
$0Provision for loan and lease losses
$200Total noninterest income
$0Fiduciary activities
$93Service charges on deposit accounts
$0Trading account gains & fees
$107Additional noninterest income
$1,324Total noninterest expense
$718Salaries and employee benefits
$226Premises and equipment expense
$380Additional noninterest expense
$766Pre-tax net operating income
$0Securities gains (losses)
$288Applicable income taxes
$478Income before extraordinary items
$0Extraordinary gains - net
$478Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$130Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.85%Yield on earning assets
3.70%Cost of funding earning assets
4.15%Net interest margin
0.44%Noninterest income to earning assets
2.91%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
1.44%Pretax return on assets
5.72%Return on equity (ROE)
4.16%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,866Assets per employee
3.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.20%Loss allowance to loans
0.82%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.90%Noncurrent loans to loans
0.00%Net loans and leases to deposits
101.21%Net loans and leases to core deposits
114.82%Equity capital to assets
16.70%Core capital (leverage) ratio
9.79%Tier 1 risk-based capital ratio
11.80%Total risk-based capital ratio
Memoranda
$13Average assets
$53,285Average earning assets
$8,362Average equity
$45,533Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: