Bankers Trust Company in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bankers Trust Company - Overview

  • General
  • FDIC Certificate #: 57484
    Status: Active
    Federal Reserve ID: 3142358
    Bank Holding Company (Regulatory Top Holder): Btc Financial Corporation (RSSDID: 1201671, Location: Des Moines, IA)
    Date Established: December 16, 2002
    WWW: http://www.bankerstrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 364164
    Numeric code: 21
    Regulator: FDIC
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 16, 2002
    Last Structure Change Effective Date: December 31, 2009
    Last Structure Change Process Date: January 13, 2010
    Last Data Update: January 13, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 Third Avenue, Southeast, Cedar Rapids, IA 52401
    County: Linn
    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
    Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Name Change
    Change in Primary Regulatory Agency
    Institution Withdraws from FRS (Federal Reserve System)
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $398.2 mil
    Equity capital: $36.7 mil
    Deposits held in domestic offices: $285.7 mil
    Return on assets (ROA): 0.76% ($3.0 mil)
    Quarterly return on assets: 0.70% ($2.8 mil)
    Return on Equity (ROE): 8.63% ($3.2 mil)
    Quarterly return on equity: 7.59% ($2.8 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.16% ($4,619.3 mil)
    Quarterly Pretax return on assets: 1.07% ($4,260.9 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
  • 45Total employees (full-time equivalent)
  • $398,219Total assets
  • $10,805Cash and due from depository institutions
  • $3,513Interest-bearing balances
  • $34,571Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $332,403Net loans & leases
  • $7,027Loan loss allowance
  • $0Trading account assets
  • $4,029Bank premises and fixed assets
  • $1,688Other real estate owned
  • $0Goodwill and other intangibles
  • $398,219Life insurance assets
  • $14,723All other assets
  • $361,494Total liabilities and capital
  • $285,740Total liabilities
  • $245,288Total deposits
  • $285,740Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 15866.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $49,635Trading liabilities
  • $0Other borrowed funds
  • $10,253Subordinated debt
  • $36,725All other liabilities
  • $36,725Total equity capital
  • $36,725Total bank equity capital
  • $0Perpetual preferred stock
  • $12,350Common stock
  • $14,350Surplus
  • $10,025Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $6,153Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $630Income earned, not collected on loans
  • $0Earning assets
  • $1,315Long-term assets (5+ years)
  • $370,487Average Assets, year-to-date
  • $32,504Average Assets, quarterly
  • $397,803Volatile liabilities
  • $397,238Insider loans
  • $334,482FHLB advances
  • $396,138Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $35,987Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $73,105Restructured Loans and leases
  • $219Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,713Total interest income
  • $6,158Total interest expense
  • $12,555Net interest income
  • $1,750Provision for loan and lease losses
  • $3,168Total noninterest income
  • $661Fiduciary activities
  • $607Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,900Additional noninterest income
  • $9,363Total noninterest expense
  • $4,490Salaries and employee benefits
  • $977Premises and equipment expense
  • $3,896Additional noninterest expense
  • $4,610Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,578Applicable income taxes
  • $3,032Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,032Net income attributable to bank
  • $0Net charge-offs
  • $3,032Cash dividends
  • $485Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 1.65%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 2.50%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 8.63%Return on equity (ROE)
  • 8.63%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 360.82%Credit loss provision to net charge-offs
  • 13.11%Efficiency ratio
  • 59,550Assets per employee
  • 8.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.07%Loss allowance to noncurrent loans
  • 1115.40%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 116.33%Net loans and leases to core deposits
  • 143.26%Equity capital to assets
  • 9.22%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 10.76%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $397,803Average earning assets
  • $35,117Average equity
  • $374,108Average 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
  • $63,256Managed Assets
  • 1Number of Accounts
  • $61,084Personal trust and agency accounts
  • $19,147Employee benefit-defined contribution accounts
  • $1,042Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $17,794Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $23,101Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 186Number of Accounts
  • $0Personal trust and agency accounts
  • $17,794Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,172Other retirement accounts
  • $1,520Corporate trust and agency accounts
  • $200Other fiduciary accounts
  • $252Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0364164Bankers Trust Company221 Third Avenue, Southeast, Cedar Rapids, IA 52401December 16, 2002Full Service Brick and Mortar
    1457301Bankers Trust Company National Association, Mobile Branch221 Third Avenue, Se, Cedar Rapids, IA 52401August 07, 2006Limited Service Mobile
    2465436Bankers Trust Company, National Association400 Blairs Ferry Road, Ne, Cedar Rapids, IA 52402June 04, 2007Full Service Brick and Mortar

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