Ames Community Bank in city_name, state_name - Detailed Financial Reports, Location

Ames Community Bank in Ames, Iowa (IA)
Show street view No street view available for this location

Ames Community Bank - Overview

General
FDIC Certificate #: 57115
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: AMES COMMUNITY BANK (#11763)
Federal Reserve ID: 2939038
Date Established: January 02, 2001
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
FDIC's unique #: 357948
Numeric code: 13
Regulator: FED
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: January 02, 2001
Last Structure Change Effective Date: January 17, 2009
Last Structure Change Process Date: Febuary 27, 2009
Last Data Update: Febuary 27, 2009
Data Source Date: April 05, 2012
Location
Address: 104 Chestnut, 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)
Financial Summary
Total assets: $184.8 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, 2008)

Dollar figures in thousands
63Total employees (full-time equivalent)
$184,757Total assets
$4,343Cash and due from depository institutions
$5Interest-bearing balances
$6,328Securities
$7,795Federal funds sold & reverse repurchase agreements
$155,257Net loans & leases
$2,241Loan loss allowance
$0Trading account assets
$5,362Bank premises and fixed assets
$2,678Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,994All other assets
$184,757Total liabilities and capital
$168,399Total liabilities
$144,097Total deposits
$133,301Interest-bearing deposits
$144,097Deposits held in domestic offices
0.00%% insured (estimated)
$2,990Federal funds purchased & repurchase agreements
$0Trading liabilities
$19,750Other borrowed funds
$0Subordinated debt
$1,562All other liabilities
$16,358Total equity capital
$16,358Total bank equity capital
$16,358Perpetual preferred stock
$0Common stock
$2,500Surplus
$11,410Undivided profits
Memoranda
$2,448Noncurrent loans and leases
$21,454Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,324Earning assets
$0Long-term assets (5+ years)
$1,226Average Assets, year-to-date
$169,385Average Assets, quarterly
$15,378Volatile liabilities
$183,348Insider loans
$183,583FHLB advances
$46,588Loans and leases held for sale
$2,982Unused loan commitments
$19,750Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$21,454Total unused commitments
$0Restructured Loans and leases
$2,077Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$10,786Total interest income
$5,625Total interest expense
$5,161Net interest income
$615Provision for loan and lease losses
$1,015Total noninterest income
$0Fiduciary activities
$232Service charges on deposit accounts
$0Trading account gains & fees
$783Additional noninterest income
$5,040Total noninterest expense
$2,892Salaries and employee benefits
$841Premises and equipment expense
$1,307Additional noninterest expense
$521Pre-tax net operating income
$50Securities gains (losses)
$28Applicable income taxes
$543Income before extraordinary items
$0Extraordinary gains - net
$543Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,585Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.36%Yield on earning assets
3.32%Cost of funding earning assets
3.04%Net interest margin
0.60%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
0.27%Net operating income to assets
0.30%Return on assets (ROA)
0.31%Pretax return on assets
3.37%Return on equity (ROE)
3.37%Retained earnings to average equity (YTD only)
0.99%Net charge-offs to loans
38.80%Credit loss provision to net charge-offs
0.72%Efficiency ratio
81,606Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
42.09%Noncurrent assets plus other real estate owned to assets
4.33%Noncurrent loans to loans
3.38%Net loans and leases to deposits
107.74%Net loans and leases to core deposits
146.47%Equity capital to assets
8.85%Core capital (leverage) ratio
8.90%Tier 1 risk-based capital ratio
9.78%Total risk-based capital ratio
Memoranda
$11Average assets
$183,348Average earning assets
$16,090Average equity
$169,674Average loans

Ames Community Bank in Ames, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Ames Community Bank - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

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, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

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