American Trust and Savings Bank in Lowden, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


American Trust and Savings Bank - Overview

  • General
  • FDIC Certificate #: 10120
    Status: Active
    Federal Reserve ID: 675341
    Bank Holding Company (Regulatory Top Holder): Lowden Bancshares, Inc. (RSSDID: 1140846, Location: Lowden, IA)
    Date Established: October 01, 1913
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 6473
    Numeric code: 21
    Regulator: FDIC
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: June 08, 2010
    Last Data Update: June 08, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 309 Mckinley Avenue, Lowden, IA 52255
    County: Cedar
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $30.9 mil
    Equity capital: $5.7 mil
    Deposits held in domestic offices: $24.5 mil
    Return on assets (ROA): 0.77% ($0.2 mil)
    Quarterly return on assets: -0.79% (-$0.2 mil)
    Return on Equity (ROE): 4.36% ($0.3 mil)
    Quarterly return on equity: -4.35% (-$0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.77% ($237.6 mil)
    Quarterly Pretax return on assets: -0.79% (-$243.8 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
  • 6Total employees (full-time equivalent)
  • $30,855Total assets
  • $1,481Cash and due from depository institutions
  • $992Interest-bearing balances
  • $18,038Securities
  • $1,506Federal funds sold & reverse repurchase agreements
  • $7,578Net loans & leases
  • $230Loan loss allowance
  • $0Trading account assets
  • $95Bank premises and fixed assets
  • $540Other real estate owned
  • $0Goodwill and other intangibles
  • $30,855Life insurance assets
  • $1,617All other assets
  • $25,189Total liabilities and capital
  • $24,462Total liabilities
  • $21,636Total deposits
  • $24,462Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $727Subordinated debt
  • $5,666All other liabilities
  • $5,666Total equity capital
  • $5,666Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $3,100Surplus
  • $2,266Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $203Income earned, not collected on loans
  • $0Earning assets
  • $295Long-term assets (5+ years)
  • $28,114Average Assets, year-to-date
  • $16,570Average Assets, quarterly
  • $30,651Volatile liabilities
  • $31,333Insider loans
  • $23,340FHLB advances
  • $30,882Loans and leases held for sale
  • $131Unused loan commitments
  • $131Tier 1 (core) risk-based capital
  • $4,440Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $582Restructured Loans and leases
  • $367Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,235Total interest income
  • $327Total interest expense
  • $908Net interest income
  • -$300Provision for loan and lease losses
  • $98Total noninterest income
  • $5Fiduciary activities
  • $22Service charges on deposit accounts
  • $0Trading account gains & fees
  • $71Additional noninterest income
  • $1,117Total noninterest expense
  • $634Salaries and employee benefits
  • $114Premises and equipment expense
  • $369Additional noninterest expense
  • $189Pre-tax net operating income
  • $47Securities gains (losses)
  • $0Applicable income taxes
  • $236Income before extraordinary items
  • $0Extraordinary gains - net
  • $236Net income attributable to bank
  • $0Net charge-offs
  • $236Cash dividends
  • -$217Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 3.34%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 4.36%Return on equity (ROE)
  • 4.36%Retained earnings to average equity (YTD only)
  • -2.66%Net charge-offs to loans
  • 138.25%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 111,034Assets per employee
  • 5.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.95%Loss allowance to noncurrent loans
  • 113.30%Noncurrent assets plus other real estate owned to assets
  • 2.41%Noncurrent loans to loans
  • 2.60%Net loans and leases to deposits
  • 30.98%Net loans and leases to core deposits
  • 31.76%Equity capital to assets
  • 18.36%Core capital (leverage) ratio
  • 14.38%Tier 1 risk-based capital ratio
  • 19.02%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $30,651Average earning assets
  • $5,408Average equity
  • $27,147Average 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
  • $757Managed Assets
  • 1Number of Accounts
  • $727Personal trust and agency accounts
  • $727Employee 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
  • 12Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $30Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06473American Trust And Savings Bank309 Mckinley Avenue, Lowden, IA 52255October 01, 1913Full Service Brick and Mortar

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