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

This bank is inactive as of July 11, 1996

State Savings Bank in Cantril, Iowa (IA)
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State Savings Bank - Overview

General
FDIC Certificate #: 5809
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community First Bank (#11348)
Federal Reserve ID: 193948
Date Established: April 03, 1930
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 3969
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 11, 1996
Last Structure Change Process Date: August 26, 1996
Last Data Update: August 26, 1996
Data Source Date: April 05, 2012
Location
Address: Main Street, Cantril, IA 52542
County: Van Buren
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
Financial Summary
Total assets: $29.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$16Total assets
$29,999Cash and due from depository institutions
$1,018Interest-bearing balances
$0Securities
$10,897Federal funds sold & reverse repurchase agreements
$450Net loans & leases
$16,786Loan loss allowance
$261Trading account assets
$0Bank premises and fixed assets
$139Other real estate owned
$0Goodwill and other intangibles
$568Life insurance assets
$141All other assets
$0Total liabilities and capital
$29,999Total liabilities
$27,312Total deposits
$27,052Interest-bearing deposits
$24,573Deposits held in domestic offices
27052.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$260Total equity capital
$260Total bank equity capital
$2,687Perpetual preferred stock
$0Common stock
$335Surplus
$665Undivided profits
Memoranda
$1,687Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$220Income earned, not collected on loans
$381Earning assets
$28,133Long-term assets (5+ years)
$4,738Average Assets, year-to-date
$29,526Average Assets, quarterly
$29,491Volatile liabilities
$1,038Insider loans
$48FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$665Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,409Total risk weighted assets
$18,365Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,159Total interest expense
$1,065Net interest income
$1,094Provision for loan and lease losses
$130Total noninterest income
$222Fiduciary activities
$0Service charges on deposit accounts
$121Trading account gains & fees
$0Additional noninterest income
$101Total noninterest expense
$975Salaries and employee benefits
$543Premises and equipment expense
$120Additional noninterest expense
$312Pre-tax net operating income
$211Securities gains (losses)
$15Applicable income taxes
$35Income before extraordinary items
$191Extraordinary gains - net
$0Net income attributable to bank
$191Net charge-offs
$132Cash dividends
$0Sale, conversion, retirement of capital stock, net
-$102Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.84%Cost of funding earning assets
3.87%Net interest margin
3.97%Noninterest income to earning assets
0.81%Noninterest expense to earning assets
3.54%Net operating income to assets
0.60%Return on assets (ROA)
0.65%Pretax return on assets
0.77%Return on equity (ROE)
7.67%Retained earnings to average equity (YTD only)
7.67%Net charge-offs to loans
0.82%Credit loss provision to net charge-offs
98.48%Efficiency ratio
72,644Assets per employee
1.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.53%Loss allowance to noncurrent loans
118.64%Noncurrent assets plus other real estate owned to assets
0.73%Noncurrent loans to loans
1.29%Net loans and leases to deposits
62.05%Net loans and leases to core deposits
64.53%Equity capital to assets
8.96%Core capital (leverage) ratio
7.89%Tier 1 risk-based capital ratio
13.12%Total risk-based capital ratio
Memoranda
$14Average assets
$29,526Average earning assets
$2,491Average equity
$27,524Average loans

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