FDIC Certificate #: 34224 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Fidelity Bank & Trust (#14382) Federal Reserve ID: 2389884 Date Established: August 19, 1996 WWW:http://www.valleystbk.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 14469 FDIC's unique #: 56983 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: August 19, 1996 Last Structure Change Effective Date: Febuary 09, 2007 Last Structure Change Process Date: Febuary 23, 2007 Last Data Update: Febuary 23, 2007 Data Source Date: April 05, 2012
Location
Address: Highway 52 And Herder Street, Guttenberg, IA 52052 County: Clayton 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: $34.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
8Total employees (full-time equivalent)
$34,550Total assets
$416Cash and due from depository institutions
$0Interest-bearing balances
$6,174Securities
$1,356Federal funds sold & reverse repurchase agreements
$25,535Net loans & leases
$190Loan loss allowance
$0Trading account assets
$424Bank premises and fixed assets
$37Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$608All other assets
$34,550Total liabilities and capital
$32,059Total liabilities
$25,926Total deposits
$23,633Interest-bearing deposits
$25,926Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,884Other borrowed funds
$0Subordinated debt
$249All other liabilities
$2,491Total equity capital
$2,491Total bank equity capital
$2,491Perpetual preferred stock
$0Common stock
$200Surplus
$1,800Undivided profits
Memoranda
$491Noncurrent loans and leases
$2,685Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$27Earning assets
$0Long-term assets (5+ years)
$256Average Assets, year-to-date
$33,065Average Assets, quarterly
$7,665Volatile liabilities
$32,950Insider loans
$34,272FHLB advances
$4,253Loans and leases held for sale
$435Unused loan commitments
$5,884Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,685Total unused commitments
$0Restructured Loans and leases
$190Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,012Total interest income
$1,077Total interest expense
$935Net interest income
$14Provision for loan and lease losses
$155Total noninterest income
$0Fiduciary activities
$139Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$602Total noninterest expense
$322Salaries and employee benefits
$78Premises and equipment expense
$202Additional noninterest expense
$474Pre-tax net operating income
$0Securities gains (losses)
$173Applicable income taxes
$301Income before extraordinary items
$0Extraordinary gains - net
$301Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$6Sale, conversion, retirement of capital stock, net
$285Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.41%Yield on earning assets
3.43%Cost of funding earning assets
2.98%Net interest margin
0.49%Noninterest income to earning assets
1.92%Noninterest expense to earning assets
0.91%Net operating income to assets
0.91%Return on assets (ROA)
1.44%Pretax return on assets
12.19%Return on equity (ROE)
0.65%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-233.33%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,229Assets per employee
4.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
94.68%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
703.70%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.10%Net loans and leases to deposits
98.49%Net loans and leases to core deposits
115.10%Equity capital to assets
7.21%Core capital (leverage) ratio
7.28%Tier 1 risk-based capital ratio
10.90%Total risk-based capital ratio
Memoranda
$12Average assets
$32,950Average earning assets
$2,470Average equity
$31,401Average loans
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