The Shelby County State Bank in Harlan, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 1994

  • The Shelby County State Bank in Harlan, Iowa (IA)
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The Shelby County State Bank - Overview

  • General
  • FDIC Certificate #: 5802
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Shelby County State Bank (#1553)
    Federal Reserve ID: 974240
    Date Established: January 01, 1905
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 3963
    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: November 30, 1994
    Last Structure Change Process Date: January 25, 1995
    Last Data Update: January 25, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 508 Court Street, Harlan, IA 51537
    County: Shelby
    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
  • Financial Summary
  • Total assets: $127.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $48Total assets
  • $130,033Cash and due from depository institutions
  • $7,564Interest-bearing balances
  • $1,177Securities
  • $55,927Federal funds sold & reverse repurchase agreements
  • $3,000Net loans & leases
  • $60,023Loan loss allowance
  • $934Trading account assets
  • $0Bank premises and fixed assets
  • $1,011Other real estate owned
  • $410Goodwill and other intangibles
  • $2,098Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $130,033Total liabilities
  • $112,419Total deposits
  • $111,894Interest-bearing deposits
  • $100,094Deposits held in domestic offices
  • 111894.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $525Total equity capital
  • $525Total bank equity capital
  • $17,614Perpetual preferred stock
  • $0Common stock
  • $1,023Surplus
  • $3,977Undivided profits
  • Memoranda
  • $12,614Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $406Income earned, not collected on loans
  • $1,073Earning assets
  • $120,127Long-term assets (5+ years)
  • $24,872Average Assets, year-to-date
  • $128,617Average Assets, quarterly
  • $129,447Volatile liabilities
  • $4,075Insider loans
  • $40FHLB advances
  • $0Loans and leases held for sale
  • $4Unused loan commitments
  • $11,608Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $17,614Total risk weighted assets
  • $72,256Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,558Total interest expense
  • $3,699Net interest income
  • $4,859Provision for loan and lease losses
  • $220Total noninterest income
  • $706Fiduciary activities
  • $13Service charges on deposit accounts
  • $581Trading account gains & fees
  • $0Additional noninterest income
  • $112Total noninterest expense
  • $3,201Salaries and employee benefits
  • $1,621Premises and equipment expense
  • $405Additional noninterest expense
  • $1,175Pre-tax net operating income
  • $2,144Securities gains (losses)
  • $40Applicable income taxes
  • $544Income before extraordinary items
  • $1,640Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,640Net charge-offs
  • $16Cash dividends
  • $604Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.23%Cost of funding earning assets
  • 3.12%Net interest margin
  • 4.10%Noninterest income to earning assets
  • 0.60%Noninterest expense to earning assets
  • 2.70%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 1.70%Return on equity (ROE)
  • 9.62%Retained earnings to average equity (YTD only)
  • 6.07%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 1375.00%Efficiency ratio
  • 57,520Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.83%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 230.05%Noncurrent assets plus other real estate owned to assets
  • 0.63%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 53.64%Net loans and leases to core deposits
  • 55.67%Equity capital to assets
  • 13.55%Core capital (leverage) ratio
  • 13.57%Tier 1 risk-based capital ratio
  • 24.38%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $128,617Average earning assets
  • $17,055Average equity
  • $118,419Average loans

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