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

This bank is inactive as of April 30, 1993

State Bank of Dumont in Dumont, Iowa (IA)
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State Bank of Dumont - Overview

General
FDIC Certificate #: 10897
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Liberty Bank & Trust (#17731)
Federal Reserve ID: 602141
Date Established: July 01, 1895
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 6977
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 30, 1993
Last Structure Change Process Date: July 23, 1993
Last Data Update: July 23, 1993
Data Source Date: April 05, 2012
Location
Address: 511 Main Street, Dumont, IA 50625
County: Butler
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
Financial Summary
Total assets: $13.8 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$9Total assets
$14,590Cash and due from depository institutions
$975Interest-bearing balances
$90Securities
$5,998Federal funds sold & reverse repurchase agreements
$1,900Net loans & leases
$5,301Loan loss allowance
$197Trading account assets
$0Bank premises and fixed assets
$56Other real estate owned
$35Goodwill and other intangibles
$325Life insurance assets
$0All other assets
$0Total liabilities and capital
$14,590Total liabilities
$12,628Total deposits
$12,555Interest-bearing deposits
$10,315Deposits held in domestic offices
12555.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$73Total equity capital
$73Total bank equity capital
$1,962Perpetual preferred stock
$0Common stock
$60Surplus
$690Undivided profits
Memoranda
$1,212Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$89Income earned, not collected on loans
$207Earning assets
$13,289Long-term assets (5+ years)
$3,120Average Assets, year-to-date
$14,527Average Assets, quarterly
$14,489Volatile liabilities
$100Insider loans
$4FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$301Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,962Total risk weighted assets
$6,857Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,159Total interest expense
$457Net interest income
$702Provision for loan and lease losses
$181Total noninterest income
$67Fiduciary activities
$0Service charges on deposit accounts
$55Trading account gains & fees
$0Additional noninterest income
$12Total noninterest expense
$537Salaries and employee benefits
$320Premises and equipment expense
$43Additional noninterest expense
$174Pre-tax net operating income
$51Securities gains (losses)
$0Applicable income taxes
$4Income before extraordinary items
$47Extraordinary gains - net
$0Net income attributable to bank
$47Net charge-offs
$187Cash dividends
$6Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.72%Cost of funding earning assets
3.44%Net interest margin
5.28%Noninterest income to earning assets
0.50%Noninterest expense to earning assets
4.04%Net operating income to assets
0.32%Return on assets (ROA)
0.32%Pretax return on assets
0.35%Return on equity (ROE)
2.44%Retained earnings to average equity (YTD only)
2.12%Net charge-offs to loans
3.07%Credit loss provision to net charge-offs
96.79%Efficiency ratio
69,831Assets per employee
1.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.77%Loss allowance to loans
3.58%Loss allowance to noncurrent loans
221.35%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
1.62%Net loans and leases to deposits
42.22%Net loans and leases to core deposits
42.56%Equity capital to assets
13.45%Core capital (leverage) ratio
13.49%Tier 1 risk-based capital ratio
28.61%Total risk-based capital ratio
Memoranda
$30Average assets
$14,527Average earning assets
$1,930Average equity
$13,293Average loans

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