Bank Plus in city_name, state_name - Detailed Financial Reports, Location

Bank Plus in Estherville, Iowa (IA)
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Bank Plus routing number info

Bank Plus - Overview

General
FDIC Certificate #: 16547
Status: Active
Federal Reserve ID: 329149
Bank Holding Company (Regulatory Top Holder): Swea City Bancorporation, Inc. (RSSDID: 1210084, Location: Estherville, IA)
Date Established: March 01, 1947
WWW: http://www.bankplusiowa.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 13612
FDIC's unique #: 10699
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: March 01, 1947
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 1202 Central Avenue, Estherville, IA 51334
County: Emmet
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $82.0 mil
Equity capital: $10.1 mil
Deposits held in domestic offices: $63.4 mil
Return on assets (ROA): 1.20% ($1.0 mil)
Quarterly return on assets: 1.62% ($1.3 mil)
Return on Equity (ROE): 10.53% ($1.1 mil)
Quarterly return on equity: 13.37% ($1.3 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.26% ($1,033.5 mil)
Quarterly Pretax return on assets: 1.70% ($1,394.4 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
26Total employees (full-time equivalent)
$82,026Total assets
$1,691Cash and due from depository institutions
$2Interest-bearing balances
$9,680Securities
$0Federal funds sold & reverse repurchase agreements
$67,306Net loans & leases
$866Loan loss allowance
$0Trading account assets
$1,136Bank premises and fixed assets
$47Other real estate owned
$0Goodwill and other intangibles
$82,026Life insurance assets
$2,166All other assets
$71,949Total liabilities and capital
$63,425Total liabilities
$48,816Total deposits
$63,425Interest-bearing deposits
$90Deposits held in domestic offices
1016.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,200Trading liabilities
$0Other borrowed funds
$308Subordinated debt
$10,077All other liabilities
$10,077Total equity capital
$10,077Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$2,360Surplus
$7,667Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$664Income earned, not collected on loans
$0Earning assets
$1,169Long-term assets (5+ years)
$76,988Average Assets, year-to-date
$34,172Average Assets, quarterly
$84,920Volatile liabilities
$81,931Insider loans
$71,837FHLB advances
$82,291Loans and leases held for sale
$202Unused loan commitments
$202Tier 1 (core) risk-based capital
$9,846Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,164Restructured Loans and leases
$1,623Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,469Total interest income
$605Total interest expense
$3,864Net interest income
$336Provision for loan and lease losses
$293Total noninterest income
$0Fiduciary activities
$207Service charges on deposit accounts
$0Trading account gains & fees
$86Additional noninterest income
$2,751Total noninterest expense
$1,791Salaries and employee benefits
$288Premises and equipment expense
$672Additional noninterest expense
$1,070Pre-tax net operating income
$0Securities gains (losses)
$53Applicable income taxes
$1,017Income before extraordinary items
$0Extraordinary gains - net
$1,017Net income attributable to bank
$0Net charge-offs
$1,017Cash dividends
$135Sale, conversion, retirement of capital stock, net
$420Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.68%Yield on earning assets
0.77%Cost of funding earning assets
4.91%Net interest margin
0.37%Noninterest income to earning assets
3.49%Noninterest expense to earning assets
1.20%Net operating income to assets
1.20%Return on assets (ROA)
1.26%Pretax return on assets
10.53%Return on equity (ROE)
6.18%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
248.89%Credit loss provision to net charge-offs
10.41%Efficiency ratio
66,178Assets per employee
3.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.30%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
130.42%Noncurrent assets plus other real estate owned to assets
0.87%Noncurrent loans to loans
0.97%Net loans and leases to deposits
106.12%Net loans and leases to core deposits
110.31%Equity capital to assets
12.29%Core capital (leverage) ratio
11.96%Tier 1 risk-based capital ratio
13.71%Total risk-based capital ratio
Memoranda
$15Average assets
$84,920Average earning assets
$9,655Average equity
$78,726Average 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
$1,077Managed Assets
1Number of Accounts
$132Personal trust and agency accounts
$132Employee 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
71Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$945Other retirement accounts
$945Corporate 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	10699	Bank Plus	1202 Central Avenue, Estherville, IA 51334	March 01, 1947	Full Service Brick and Mortar
1	17500	Lone Rock Branch	Main Street, Lone Rock, IA 50559	January 01, 1800	Full Service Brick and Mortar
2	12287	Robins Avenue Branch	117-123 Robins Avenue, Graettinger, IA 51342	March 24, 1934	Full Service Brick and Mortar
4	238303	Swea City Branch	322 3rd Street, Swea City, IA 50590	January 15, 1997	Full Service Brick and Mortar

Bank Plus in Estherville, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank Plus - 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:

Bank Plus in Estherville, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank Plus - 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:

Bank Plus in Estherville, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches