AMES COMMUNITY BANK in city_name, state_name - Detailed Financial Reports, Location

AMES COMMUNITY BANK in Ames, Iowa (IA)
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AMES COMMUNITY BANK routing number info

AMES COMMUNITY BANK - Overview

General
FDIC Certificate #: 11763
Status: Active
Federal Reserve ID: 269049
Bank Holding Company (Regulatory Top Holder): Ogden Bancshares, Inc. (RSSDID: 2321428, Location: Boone, IA)
Date Established: June 01, 1884
WWW: http://www.amesbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 8 (Domestic: 8, Interstate: No)
FDIC's unique #: 7523
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 01, 2010
Last Structure Change Process Date: June 07, 2010
Last Data Update: June 07, 2010
Data Source Date: April 05, 2012
Location
Address: 104 Chestnut St, Ames, IA 50010
County: Story
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Combined Statistical Area (CSA): Ames-Boone, IA (#112)
Core Based Statistical Area (CBSA): Ames, IA (#11180)
CBSA Metro Statistical Area: Ames, IA (#11180)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $431.7 mil
Equity capital: $39.5 mil
Deposits held in domestic offices: $366.0 mil
Return on assets (ROA): 0.18% ($0.8 mil)
Quarterly return on assets: -0.15% (-$0.6 mil)
Return on Equity (ROE): 1.90% ($0.8 mil)
Quarterly return on equity: -1.63% (-$0.7 mil)
Net income: $0.8 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 0.18% ($777.0 mil)
Quarterly Pretax return on assets: -0.15% (-$647.5 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, 2011)

Dollar figures in thousands
92Total employees (full-time equivalent)
$431,656Total assets
$52,452Cash and due from depository institutions
$47,509Interest-bearing balances
$56,721Securities
$100Federal funds sold & reverse repurchase agreements
$286,869Net loans & leases
$6,727Loan loss allowance
$0Trading account assets
$10,839Bank premises and fixed assets
$17,690Other real estate owned
$740Goodwill and other intangibles
$431,656Life insurance assets
$6,245All other assets
$392,130Total liabilities and capital
$366,024Total liabilities
$275,265Total deposits
$366,024Interest-bearing deposits
$88Deposits held in domestic offices
1892.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$21,500Trading liabilities
$0Other borrowed funds
$2,714Subordinated debt
$39,526All other liabilities
$39,526Total equity capital
$39,526Total bank equity capital
$0Perpetual preferred stock
$12,250Common stock
$36,497Surplus
$-9,221Undivided profits
Memoranda
$0Noncurrent loans and leases
$326Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10,209Income earned, not collected on loans
$0Earning assets
$1,761Long-term assets (5+ years)
$391,199Average Assets, year-to-date
$64,654Average Assets, quarterly
$425,328Volatile liabilities
$425,956Insider loans
$319,496FHLB advances
$429,956Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$39,265Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$31,640Restructured Loans and leases
$3,185Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$18,550Total interest income
$4,949Total interest expense
$13,601Net interest income
$2,125Provision for loan and lease losses
$1,287Total noninterest income
$5Fiduciary activities
$497Service charges on deposit accounts
$0Trading account gains & fees
$785Additional noninterest income
$12,205Total noninterest expense
$5,797Salaries and employee benefits
$2,211Premises and equipment expense
$4,197Additional noninterest expense
$558Pre-tax net operating income
$195Securities gains (losses)
$0Applicable income taxes
$753Income before extraordinary items
$0Extraordinary gains - net
$753Net income attributable to bank
$0Net charge-offs
$753Cash dividends
$3,500Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.79%Yield on earning assets
1.28%Cost of funding earning assets
3.52%Net interest margin
0.33%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
0.13%Net operating income to assets
0.18%Return on assets (ROA)
0.18%Pretax return on assets
1.90%Return on equity (ROE)
1.90%Retained earnings to average equity (YTD only)
1.18%Net charge-offs to loans
60.71%Credit loss provision to net charge-offs
0.77%Efficiency ratio
81,979Assets per employee
4.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.29%Loss allowance to noncurrent loans
65.89%Noncurrent assets plus other real estate owned to assets
6.46%Noncurrent loans to loans
3.48%Net loans and leases to deposits
78.37%Net loans and leases to core deposits
94.85%Equity capital to assets
9.16%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
12.29%Total risk-based capital ratio
Memoranda
$14Average assets
$425,328Average earning assets
$39,541Average equity
$386,923Average 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
$31,920Managed Assets
1Number of Accounts
$31,920Personal trust and agency accounts
$4,026Employee 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
$27,894Non-managed Assets
25Number 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

8 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7523	Ames Community Bank	104 Chestnut St, Ames, IA 50010	June 01, 1884	Full Service Brick and Mortar
2	419230	107 Main Street Branch	107 Main Street, Ames, IA 50010	December 09, 2002	Full Service Brick and Mortar
3	423501	North Highway 69 Branch	604 North Highway 69, Huxley, IA 50124	November 17, 2003	Full Service Brick and Mortar
4	442628	Mortensen Branch	4510 Mortensen Road Suite 101, Ames, IA 50014	June 20, 2005	Full Service Brick and Mortar
5	77232	Community Bank Of Boone Branch	1704 South Marshall Street, Boone, IA 50036	June 07, 1999	Full Service Brick and Mortar
6	494796	City State Bank Branch	217 W. Mulberry, Ogden, IA 50212	January 17, 2009	Full Service Brick and Mortar
7	494797	Community Bank Of Boone Branch	504 Story St, Boone, IA 50036	January 17, 2009	Limited Service Facility
8	453359	Grimes Branch	925 Se Gateway Dr., Grimes, IA 50111	October 13, 2006	Full Service Brick and Mortar

AMES COMMUNITY BANK in Ames, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

AMES COMMUNITY 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:

AMES COMMUNITY BANK in Ames, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

AMES COMMUNITY 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:

AMES COMMUNITY BANK in Ames, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches