Boatmen's Bank of Marengo in Marengo, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 14, 1994

  • Boatmen's Bank of Marengo in Marengo, Iowa (IA)
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Boatmen's Bank of Marengo - Overview

  • General
  • FDIC Certificate #: 20031
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boatmen's Bank Iowa, National Association (#18064)
    Federal Reserve ID: 760247
    Date Established: January 07, 1929
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 13759
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 04, 1969
    Last Structure Change Effective Date: October 14, 1994
    Last Structure Change Process Date: November 15, 1994
    Last Data Update: November 15, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Marengo, IA 52301
    County: Iowa
    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
  • Financial Summary
  • Total assets: $39.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13Total assets
  • $38,883Cash and due from depository institutions
  • $966Interest-bearing balances
  • $0Securities
  • $22,919Federal funds sold & reverse repurchase agreements
  • $2,320Net loans & leases
  • $11,805Loan loss allowance
  • $354Trading account assets
  • $0Bank premises and fixed assets
  • $240Other real estate owned
  • $0Goodwill and other intangibles
  • $633Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $38,883Total liabilities
  • $35,698Total deposits
  • $35,400Interest-bearing deposits
  • $32,434Deposits held in domestic offices
  • 35400.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $298Total equity capital
  • $298Total bank equity capital
  • $3,185Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $1,400Undivided profits
  • Memoranda
  • $1,185Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7Income earned, not collected on loans
  • $196Earning assets
  • $37,044Long-term assets (5+ years)
  • $14,820Average Assets, year-to-date
  • $38,518Average Assets, quarterly
  • $38,569Volatile liabilities
  • $500Insider loans
  • $119FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,438Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,143Total risk weighted assets
  • $15,782Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,617Total interest expense
  • $1,195Net interest income
  • $1,422Provision for loan and lease losses
  • -$142Total noninterest income
  • $191Fiduciary activities
  • $0Service charges on deposit accounts
  • $102Trading account gains & fees
  • $0Additional noninterest income
  • $89Total noninterest expense
  • $963Salaries and employee benefits
  • $473Premises and equipment expense
  • $51Additional noninterest expense
  • $439Pre-tax net operating income
  • $792Securities gains (losses)
  • $0Applicable income taxes
  • $281Income before extraordinary items
  • $511Extraordinary gains - net
  • $0Net income attributable to bank
  • $511Net charge-offs
  • $10Cash dividends
  • $300Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.18%Cost of funding earning assets
  • 3.28%Net interest margin
  • 3.90%Noninterest income to earning assets
  • 0.52%Noninterest expense to earning assets
  • 2.64%Net operating income to assets
  • 1.33%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 2.06%Return on equity (ROE)
  • 16.94%Retained earnings to average equity (YTD only)
  • 6.99%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • -1420.00%Efficiency ratio
  • 59,702Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.71%Loss allowance to loans
  • 2.91%Loss allowance to noncurrent loans
  • 5057.14%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 33.35%Net loans and leases to core deposits
  • 33.83%Equity capital to assets
  • 8.19%Core capital (leverage) ratio
  • 8.07%Tier 1 risk-based capital ratio
  • 19.91%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $38,518Average earning assets
  • $3,017Average equity
  • $36,424Average loans

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