FDIC Certificate #: 25260 Status: Active Federal Reserve ID: 856944 Date Established: January 01, 1914 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 17465 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: June 22, 1984 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: 701 Benton Avenue, Corning, IA 50841 County: Adams Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Des Moines Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $14.4 mil Equity capital: $1.8 mil Deposits held in domestic offices: $12.5 mil Return on assets (ROA): 0.26% ($0.0 mil) Quarterly return on assets: -3.26% (-$0.5 mil) Return on Equity (ROE): 1.94% ($0.0 mil) Quarterly return on equity: -24.15% (-$0.5 mil) Net income: $0.0 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 0.33% ($47.4 mil) Quarterly Pretax return on assets: -3.49% (-$501.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
3Total employees (full-time equivalent)
$14,362Total assets
$5,053Cash and due from depository institutions
$3,937Interest-bearing balances
$5,360Securities
$0Federal funds sold & reverse repurchase agreements
$3,823Net loans & leases
$112Loan loss allowance
$0Trading account assets
$9Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$14,362Life insurance assets
$117All other assets
$12,530Total liabilities and capital
$12,499Total liabilities
$10,112Total deposits
$12,499Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$31Subordinated debt
$1,832All other liabilities
$1,832Total equity capital
$1,832Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$200Surplus
$1,482Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$300Income earned, not collected on loans
$0Earning assets
$84Long-term assets (5+ years)
$13,120Average Assets, year-to-date
$4,184Average Assets, quarterly
$13,857Volatile liabilities
$13,973Insider loans
$6,083FHLB advances
$15,054Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,832Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$462Total interest income
$70Total interest expense
$392Net interest income
$40Provision for loan and lease losses
$53Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$4Additional noninterest income
$359Total noninterest expense
$256Salaries and employee benefits
$35Premises and equipment expense
$68Additional noninterest expense
$46Pre-tax net operating income
$0Securities gains (losses)
$10Applicable income taxes
$36Income before extraordinary items
$0Extraordinary gains - net
$36Net income attributable to bank
$0Net charge-offs
$36Cash dividends
$52Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.56%Yield on earning assets
0.54%Cost of funding earning assets
3.02%Net interest margin
0.41%Noninterest income to earning assets
2.77%Noninterest expense to earning assets
0.26%Net operating income to assets
0.26%Return on assets (ROA)
0.33%Pretax return on assets
1.94%Return on equity (ROE)
1.94%Retained earnings to average equity (YTD only)
1.32%Net charge-offs to loans
76.92%Credit loss provision to net charge-offs
1.65%Efficiency ratio
80,674Assets per employee
4.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.85%Loss allowance to noncurrent loans
37.33%Noncurrent assets plus other real estate owned to assets
2.09%Noncurrent loans to loans
7.62%Net loans and leases to deposits
30.59%Net loans and leases to core deposits
30.59%Equity capital to assets
12.76%Core capital (leverage) ratio
12.17%Tier 1 risk-based capital ratio
30.12%Total risk-based capital ratio
Memoranda
$31Average assets
$13,857Average earning assets
$1,859Average equity
$12,970Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
17465
State Bank Of Brooks
701 Benton Avenue, Corning, IA 50841
January 01, 1914
Full Service Brick and Mortar
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