FDIC Certificate #: 18146 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community State Bank (#230) Federal Reserve ID: 871844 Date Established: October 08, 1917 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 12067 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 28, 1960 Last Structure Change Effective Date: January 23, 1998 Last Structure Change Process Date: Febuary 09, 1998 Last Data Update: Febuary 09, 1998 Data Source Date: April 05, 2012
Location
Address: Main Street, Marathon, IA 50565 County: Buena Vista Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Sioux City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Storm Lake, IA (#44740) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $8.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
3Total employees (full-time equivalent)
$8,371Total assets
$964Cash and due from depository institutions
$441Interest-bearing balances
$3,310Securities
$777Federal funds sold & reverse repurchase agreements
$3,140Net loans & leases
$37Loan loss allowance
$0Trading account assets
$13Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$167All other assets
$8,371Total liabilities and capital
$7,656Total liabilities
$7,583Total deposits
$6,082Interest-bearing deposits
$7,583Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$73All other liabilities
$715Total equity capital
$715Total bank equity capital
$715Perpetual preferred stock
$0Common stock
$100Surplus
$510Undivided profits
Memoranda
$105Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$28Earning assets
$0Long-term assets (5+ years)
$69Average Assets, year-to-date
$7,668Average Assets, quarterly
$72Volatile liabilities
$8,543Insider loans
$8,420FHLB advances
$383Loans and leases held for sale
$17Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$40Total unused commitments
$0Restructured Loans and leases
$4,401Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$554Total interest income
$289Total interest expense
$265Net interest income
$0Provision for loan and lease losses
$27Total noninterest income
$0Fiduciary activities
$23Service charges on deposit accounts
$0Trading account gains & fees
$4Additional noninterest income
$185Total noninterest expense
$100Salaries and employee benefits
$32Premises and equipment expense
$53Additional noninterest expense
$107Pre-tax net operating income
$0Securities gains (losses)
$40Applicable income taxes
$67Income before extraordinary items
$0Extraordinary gains - net
$67Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.89%Yield on earning assets
3.59%Cost of funding earning assets
3.30%Net interest margin
0.34%Noninterest income to earning assets
2.30%Noninterest expense to earning assets
0.78%Net operating income to assets
0.78%Return on assets (ROA)
1.25%Pretax return on assets
9.86%Return on equity (ROE)
9.86%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
63,356Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
132.14%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.88%Net loans and leases to deposits
41.41%Net loans and leases to core deposits
43.61%Equity capital to assets
8.54%Core capital (leverage) ratio
8.47%Tier 1 risk-based capital ratio
16.38%Total risk-based capital ratio
Memoranda
$17Average assets
$8,543Average earning assets
$680Average equity
$8,042Average loans
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