Waukon State Bank in city_name, state_name - Detailed Financial Reports, Location

Waukon State Bank in Waukon, Iowa (IA)
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Waukon State Bank routing number info

Waukon State Bank - Overview

General
FDIC Certificate #: 1857
Status: Active
Federal Reserve ID: 436542
Bank Holding Company (Regulatory Top Holder): Wfc, Inc. (RSSDID: 1142783, Location: Waukon, IA)
Date Established: January 01, 1871
WWW: http://www.waukonstatebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Domestic: 2, Interstate: No)
FDIC's unique #: 1236
Numeric code: 13
Regulator: FED
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: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 2012
Last Structure Change Process Date: January 19, 2012
Last Data Update: January 19, 2012
Data Source Date: April 05, 2012
Location
Address: 22 West Main Street, Waukon, IA 52172
County: Allamakee
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
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $119.8 mil
Equity capital: $14.9 mil
Deposits held in domestic offices: $102.7 mil
Return on assets (ROA): 2.10% ($2.5 mil)
Quarterly return on assets: 2.55% ($3.1 mil)
Return on Equity (ROE): 17.50% ($2.6 mil)
Quarterly return on equity: 20.32% ($3.0 mil)
Net income: $2.4 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 2.19% ($2,623.6 mil)
Quarterly Pretax return on assets: 2.62% ($3,138.7 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
23Total employees (full-time equivalent)
$119,798Total assets
$13,816Cash and due from depository institutions
$11,831Interest-bearing balances
$19,176Securities
$4,000Federal funds sold & reverse repurchase agreements
$80,328Net loans & leases
$1,099Loan loss allowance
$0Trading account assets
$405Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$119,798Life insurance assets
$2,073All other assets
$104,881Total liabilities and capital
$102,728Total liabilities
$79,866Total deposits
$102,728Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$1,153Subordinated debt
$14,917All other liabilities
$14,917Total equity capital
$14,917Total bank equity capital
$0Perpetual preferred stock
$350Common stock
$3,400Surplus
$11,167Undivided profits
Memoranda
$0Noncurrent loans and leases
$97Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$997Income earned, not collected on loans
$0Earning assets
$811Long-term assets (5+ years)
$115,335Average Assets, year-to-date
$20,540Average Assets, quarterly
$115,322Volatile liabilities
$116,755Insider loans
$88,644FHLB advances
$115,704Loans and leases held for sale
$665Unused loan commitments
$665Tier 1 (core) risk-based capital
$14,186Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,229Restructured Loans and leases
$2,086Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,528Total interest income
$1,018Total interest expense
$4,510Net interest income
$150Provision for loan and lease losses
$818Total noninterest income
$34Fiduciary activities
$216Service charges on deposit accounts
$0Trading account gains & fees
$568Additional noninterest income
$2,649Total noninterest expense
$1,689Salaries and employee benefits
$200Premises and equipment expense
$760Additional noninterest expense
$2,529Pre-tax net operating income
$0Securities gains (losses)
$111Applicable income taxes
$2,418Income before extraordinary items
$0Extraordinary gains - net
$2,418Net income attributable to bank
$0Net charge-offs
$2,418Cash dividends
$217Sale, conversion, retirement of capital stock, net
$1,163Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.01%Yield on earning assets
0.92%Cost of funding earning assets
4.09%Net interest margin
0.74%Noninterest income to earning assets
2.40%Noninterest expense to earning assets
2.10%Net operating income to assets
2.10%Return on assets (ROA)
2.19%Pretax return on assets
17.50%Return on equity (ROE)
9.08%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
69.12%Credit loss provision to net charge-offs
12.35%Efficiency ratio
49,718Assets per employee
5.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.10%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
110.23%Noncurrent assets plus other real estate owned to assets
1.79%Noncurrent loans to loans
1.22%Net loans and leases to deposits
78.19%Net loans and leases to core deposits
80.84%Equity capital to assets
12.45%Core capital (leverage) ratio
12.26%Tier 1 risk-based capital ratio
16.00%Total risk-based capital ratio
Memoranda
$17Average assets
$115,322Average earning assets
$13,817Average equity
$110,251Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$344Managed Assets
1Number of Accounts
$344Personal trust and agency accounts
$344Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1236	Waukon State Bank	22 West Main Street, Waukon, IA 52172	January 01, 1871	Full Service Brick and Mortar
1	190231	Parking Lot Branch	301 Rossville Road, Waukon, IA 52172	June 05, 1970	Full Service Brick and Mortar
2	56278	Decorah Branch	321 West Water Street, Decorah, IA 52101	Febuary 20, 1996	Full Service Brick and Mortar
3	480419	Viking State Bank & Trust Brach Bran	1801 Old Stage Road, Decorah, IA 52101	June 30, 2008	Full Service Brick and Mortar

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

Waukon State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

Waukon State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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