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

This bank is inactive as of October 14, 1994

  • Boatmen's Bank of Sigourney in Sigourney, Iowa (IA)
  • Show street view No street view available for this location

Boatmen's Bank of Sigourney - Overview

  • General
  • FDIC Certificate #: 12131
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boatmen's Bank Iowa, National Association (#18064)
    Federal Reserve ID: 415640
    Date Established: January 01, 1870
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 7708
    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: January 01, 1934
    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: 112 North Main Street, Sigourney, IA 52591
    County: Keokuk
    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: $39.3 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)
  • $14Total assets
  • $40,225Cash and due from depository institutions
  • $1,177Interest-bearing balances
  • $0Securities
  • $22,304Federal funds sold & reverse repurchase agreements
  • $2,000Net loans & leases
  • $13,690Loan loss allowance
  • $655Trading account assets
  • $0Bank premises and fixed assets
  • $303Other real estate owned
  • $0Goodwill and other intangibles
  • $751Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $40,225Total liabilities
  • $36,761Total deposits
  • $36,433Interest-bearing deposits
  • $32,650Deposits held in domestic offices
  • 36433.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $328Total equity capital
  • $328Total bank equity capital
  • $3,464Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $1,700Undivided profits
  • Memoranda
  • $1,464Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $29Income earned, not collected on loans
  • $239Earning assets
  • $37,994Long-term assets (5+ years)
  • $15,220Average Assets, year-to-date
  • $38,586Average Assets, quarterly
  • $38,804Volatile liabilities
  • $879Insider loans
  • $194FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,416Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,419Total risk weighted assets
  • $18,044Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,632Total interest expense
  • $1,133Net interest income
  • $1,499Provision for loan and lease losses
  • -$275Total noninterest income
  • $162Fiduciary activities
  • $0Service charges on deposit accounts
  • $113Trading account gains & fees
  • $0Additional noninterest income
  • $49Total noninterest expense
  • $1,024Salaries and employee benefits
  • $503Premises and equipment expense
  • $61Additional noninterest expense
  • $460Pre-tax net operating income
  • $912Securities gains (losses)
  • $0Applicable income taxes
  • $325Income before extraordinary items
  • $587Extraordinary gains - net
  • $0Net income attributable to bank
  • $587Net charge-offs
  • -$52Cash dividends
  • $322Sale, 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
  • 7.33%Cost of funding earning assets
  • 3.16%Net interest margin
  • 4.17%Noninterest income to earning assets
  • 0.45%Noninterest expense to earning assets
  • 2.85%Net operating income to assets
  • 1.52%Return on assets (ROA)
  • 1.52%Pretax return on assets
  • 2.36%Return on equity (ROE)
  • 18.09%Retained earnings to average equity (YTD only)
  • 8.17%Net charge-offs to loans
  • -0.38%Credit loss provision to net charge-offs
  • 528.85%Efficiency ratio
  • 61,650Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.86%Loss allowance to loans
  • 4.57%Loss allowance to noncurrent loans
  • 2258.62%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 37.58%Net loans and leases to core deposits
  • 38.50%Equity capital to assets
  • 8.61%Core capital (leverage) ratio
  • 8.77%Tier 1 risk-based capital ratio
  • 18.95%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $38,586Average earning assets
  • $3,244Average equity
  • $35,906Average loans

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