FDIC Certificate #: 15308 Status: Active Federal Reserve ID: 200042 Bank Holding Company (Regulatory Top Holder): Wapello Bankshares, Inc. (RSSDID: 1210785, Location: Wapello, IA) Date Established: October 18, 1935 WWW:http://www.statebankofwapello.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9648 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: November 19, 1935 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: 306 North Second Street, Wapello, IA 52653 County: Louisa 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 Core Based Statistical Area (CBSA): Muscatine, IA (#34700) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $36.5 mil Equity capital: $5.8 mil Deposits held in domestic offices: $30.6 mil Return on assets (ROA): 0.71% ($0.3 mil) Quarterly return on assets: 0.62% ($0.2 mil) Return on Equity (ROE): 4.31% ($0.3 mil) Quarterly return on equity: 3.87% ($0.2 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.74% ($269.7 mil) Quarterly Pretax return on assets: 0.66% ($240.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$36,452Total assets
$5,865Cash and due from depository institutions
$4,110Interest-bearing balances
$9,933Securities
$6,469Federal funds sold & reverse repurchase agreements
$13,181Net loans & leases
$84Loan loss allowance
$0Trading account assets
$257Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$36,452Life insurance assets
$747All other assets
$30,695Total liabilities and capital
$30,590Total liabilities
$21,538Total deposits
$30,590Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$105Subordinated debt
$5,757All other liabilities
$5,757Total equity capital
$5,757Total bank equity capital
$0Perpetual preferred stock
$292Common stock
$907Surplus
$4,558Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$309Income earned, not collected on loans
$0Earning assets
$204Long-term assets (5+ years)
$33,693Average Assets, year-to-date
$5,637Average Assets, quarterly
$34,940Volatile liabilities
$35,894Insider loans
$18,722FHLB advances
$35,399Loans and leases held for sale
$475Unused loan commitments
$475Tier 1 (core) risk-based capital
$5,473Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$79Restructured Loans and leases
$10Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,179Total interest income
$217Total interest expense
$962Net interest income
$24Provision for loan and lease losses
$197Total noninterest income
$0Fiduciary activities
$143Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$875Total noninterest expense
$516Salaries and employee benefits
$74Premises and equipment expense
$285Additional noninterest expense
$260Pre-tax net operating income
$0Securities gains (losses)
$13Applicable income taxes
$247Income before extraordinary items
$0Extraordinary gains - net
$247Net income attributable to bank
$0Net charge-offs
$247Cash dividends
$12Sale, conversion, retirement of capital stock, net
$270Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.69%Yield on earning assets
0.68%Cost of funding earning assets
3.01%Net interest margin
0.62%Noninterest income to earning assets
2.74%Noninterest expense to earning assets
0.71%Net operating income to assets
0.71%Return on assets (ROA)
0.74%Pretax return on assets
4.31%Return on equity (ROE)
-0.40%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
23.67%Efficiency ratio
75,496Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
109.31%Loss allowance to loans
0.63%Loss allowance to noncurrent loans
27.18%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
2.33%Net loans and leases to deposits
43.09%Net loans and leases to core deposits
43.09%Equity capital to assets
15.79%Core capital (leverage) ratio
15.46%Tier 1 risk-based capital ratio
29.23%Total risk-based capital ratio
Memoranda
$30Average assets
$34,940Average earning assets
$5,737Average equity
$31,921Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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