FDIC Certificate #: 4476 Status: Active Federal Reserve ID: 754246 Bank Holding Company (Regulatory Top Holder): Logan Bancorporation, Inc. (RSSDID: 1492282, Location: Logan, IA) Date Established: December 01, 1888 WWW:http://www.fnblogan.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2956 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 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: 323 East 7th Street, Logan, IA 51546 County: Harrison Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Omaha Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420) Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540) CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $26.9 mil Equity capital: $3.7 mil Deposits held in domestic offices: $22.9 mil Return on assets (ROA): 1.26% ($0.3 mil) Quarterly return on assets: 1.49% ($0.4 mil) Return on Equity (ROE): 8.97% ($0.4 mil) Quarterly return on equity: 10.76% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.33% ($357.6 mil) Quarterly Pretax return on assets: 1.58% ($424.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$26,890Total assets
$1,081Cash and due from depository institutions
$10Interest-bearing balances
$2,507Securities
$0Federal funds sold & reverse repurchase agreements
$22,323Net loans & leases
$220Loan loss allowance
$0Trading account assets
$211Bank premises and fixed assets
$85Other real estate owned
$0Goodwill and other intangibles
$26,890Life insurance assets
$683All other assets
$23,171Total liabilities and capital
$22,917Total liabilities
$17,155Total deposits
$22,917Interest-bearing deposits
$88Deposits held in domestic offices
213.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$41Subordinated debt
$3,719All other liabilities
$3,719Total equity capital
$3,719Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$150Surplus
$3,519Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3Income earned, not collected on loans
$0Earning assets
$441Long-term assets (5+ years)
$24,840Average Assets, year-to-date
$4,181Average Assets, quarterly
$25,565Volatile liabilities
$26,564Insider loans
$20,762FHLB advances
$26,867Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,580Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,485Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,164Total interest income
$84Total interest expense
$1,080Net interest income
$0Provision for loan and lease losses
$120Total noninterest income
$0Fiduciary activities
$60Service charges on deposit accounts
$0Trading account gains & fees
$60Additional noninterest income
$869Total noninterest expense
$532Salaries and employee benefits
$133Premises and equipment expense
$204Additional noninterest expense
$331Pre-tax net operating income
$8Securities gains (losses)
$17Applicable income taxes
$322Income before extraordinary items
$0Extraordinary gains - net
$322Net income attributable to bank
$0Net charge-offs
$322Cash dividends
$43Sale, conversion, retirement of capital stock, net
$250Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.89%Yield on earning assets
0.35%Cost of funding earning assets
4.54%Net interest margin
0.50%Noninterest income to earning assets
3.65%Noninterest expense to earning assets
1.23%Net operating income to assets
1.26%Return on assets (ROA)
1.33%Pretax return on assets
8.97%Return on equity (ROE)
2.01%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
7.70%Efficiency ratio
72,417Assets per employee
2.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.64%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
7333.33%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.01%Net loans and leases to deposits
97.41%Net loans and leases to core deposits
97.41%Equity capital to assets
13.83%Core capital (leverage) ratio
13.32%Tier 1 risk-based capital ratio
17.24%Total risk-based capital ratio
Memoranda
$18Average assets
$25,565Average earning assets
$3,588Average equity
$23,812Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2956
The First National Bank Of Logan
323 East 7th Street, Logan, IA 51546
December 01, 1888
Full Service Brick and Mortar
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