FDIC Certificate #: 13774 Status: Active Federal Reserve ID: 824242 Bank Holding Company (Regulatory Top Holder): Blairstown Bancorp, Inc. (RSSDID: 1491708, Location: Blairstown, IA) Date Established: January 01, 1869 WWW:http://www.bentoncountystatebank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13729 FDIC's unique #: 8612 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 29, 1934 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: 212 Locust Northeast, Blairstown, IA 52209 County: Benton 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 Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300) CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $40.8 mil Equity capital: $5.7 mil Deposits held in domestic offices: $27.7 mil Return on assets (ROA): 1.45% ($0.6 mil) Quarterly return on assets: 1.18% ($0.5 mil) Return on Equity (ROE): 10.35% ($0.6 mil) Quarterly return on equity: 8.29% ($0.5 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.94% ($790.9 mil) Quarterly Pretax return on assets: 1.55% ($631.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$40,767Total assets
$1,386Cash and due from depository institutions
$114Interest-bearing balances
$6,671Securities
$944Federal funds sold & reverse repurchase agreements
$30,074Net loans & leases
$244Loan loss allowance
$0Trading account assets
$304Bank premises and fixed assets
$19Other real estate owned
$0Goodwill and other intangibles
$40,767Life insurance assets
$1,369All other assets
$35,090Total liabilities and capital
$27,732Total liabilities
$22,667Total deposits
$27,732Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,500Trading liabilities
$0Other borrowed funds
$858Subordinated debt
$5,677All other liabilities
$5,677Total equity capital
$5,677Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$1,350Surplus
$4,177Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$642Long-term assets (5+ years)
$37,803Average Assets, year-to-date
$15,277Average Assets, quarterly
$40,101Volatile liabilities
$40,642Insider loans
$31,718FHLB advances
$41,316Loans and leases held for sale
$234Unused loan commitments
$234Tier 1 (core) risk-based capital
$5,525Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,246Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,143Total interest income
$476Total interest expense
$1,667Net interest income
$0Provision for loan and lease losses
$127Total noninterest income
$0Fiduciary activities
$80Service charges on deposit accounts
$0Trading account gains & fees
$47Additional noninterest income
$1,076Total noninterest expense
$724Salaries and employee benefits
$138Premises and equipment expense
$214Additional noninterest expense
$718Pre-tax net operating income
$61Securities gains (losses)
$197Applicable income taxes
$582Income before extraordinary items
$0Extraordinary gains - net
$582Net income attributable to bank
$0Net charge-offs
$582Cash dividends
$6Sale, conversion, retirement of capital stock, net
$360Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.73%Yield on earning assets
1.27%Cost of funding earning assets
4.46%Net interest margin
0.34%Noninterest income to earning assets
2.88%Noninterest expense to earning assets
1.34%Net operating income to assets
1.45%Return on assets (ROA)
1.94%Pretax return on assets
10.35%Return on equity (ROE)
3.95%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
119.67%Efficiency ratio
59,978Assets per employee
5.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.86%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.00%Net loans and leases to deposits
108.45%Net loans and leases to core deposits
122.62%Equity capital to assets
13.93%Core capital (leverage) ratio
13.37%Tier 1 risk-based capital ratio
17.42%Total risk-based capital ratio
Memoranda
$18Average assets
$40,101Average earning assets
$5,621Average equity
$37,396Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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