AmerUs Bank in Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 1998

  • AmerUs Bank in Des Moines, Iowa (IA)
  • Show street view No street view available for this location

AmerUs Bank - Overview

  • General
  • FDIC Certificate #: 28254
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
    Federal Reserve ID: 699776
    Date Established: January 01, 1916
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1239
    FDIC's unique #: 41088
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 25, 1951
    Last Structure Change Effective Date: July 31, 1998
    Last Structure Change Process Date: October 08, 1998
    Last Data Update: July 28, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 801 Grand Avenue, Des Moines, IA 50309
    County: Polk
    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
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $1,316.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 487Total employees (full-time equivalent)
  • $1,479,306Total assets
  • $36,042Cash and due from depository institutions
  • $7,361Interest-bearing balances
  • $138,917Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,231,982Net loans & leases
  • $11,708Loan loss allowance
  • $0Trading account assets
  • $19,980Bank premises and fixed assets
  • $2,825Other real estate owned
  • $5,525Goodwill and other intangibles
  • $0Life insurance assets
  • $44,035All other assets
  • $1,479,306Total liabilities and capital
  • $1,378,190Total liabilities
  • $963,896Total deposits
  • $904,203Interest-bearing deposits
  • $963,896Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $15,866Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $369,748Other borrowed funds
  • $0Subordinated debt
  • $28,680All other liabilities
  • $101,116Total equity capital
  • $101,116Total bank equity capital
  • $101,116Perpetual preferred stock
  • $0Common stock
  • $3Surplus
  • $44,929Undivided profits
  • Memoranda
  • $56,184Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $30,629Earning assets
  • $0Long-term assets (5+ years)
  • $11,537Average Assets, year-to-date
  • $1,378,260Average Assets, quarterly
  • $0Volatile liabilities
  • $1,371,510Insider loans
  • $1,424,323FHLB advances
  • $475,205Loans and leases held for sale
  • $326Unused loan commitments
  • $366,565Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $120,369Total unused commitments
  • $0Restructured Loans and leases
  • $1,069,986Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $112,224Total interest income
  • $66,008Total interest expense
  • $46,216Net interest income
  • $8,404Provision for loan and lease losses
  • $15,105Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15,105Additional noninterest income
  • $44,503Total noninterest expense
  • $19,394Salaries and employee benefits
  • $12,569Premises and equipment expense
  • $12,540Additional noninterest expense
  • $8,414Pre-tax net operating income
  • $13,551Securities gains (losses)
  • $8,421Applicable income taxes
  • $13,544Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,544Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6,019Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.85%Yield on earning assets
  • 5.20%Cost of funding earning assets
  • 3.64%Net interest margin
  • 1.19%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 13.77%Return on equity (ROE)
  • 8.69%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 139.62%Credit loss provision to net charge-offs
  • 2.79%Efficiency ratio
  • 71,935Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.92%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 38.23%Noncurrent assets plus other real estate owned to assets
  • 2.22%Noncurrent loans to loans
  • 2.46%Net loans and leases to deposits
  • 127.81%Net loans and leases to core deposits
  • 140.91%Equity capital to assets
  • 6.84%Core capital (leverage) ratio
  • 6.79%Tier 1 risk-based capital ratio
  • 9.38%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,371,510Average earning assets
  • $98,358Average equity
  • $1,268,614Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with AmerUs Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents