Breda Savings Bank in Breda, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Breda Savings Bank - Overview

  • General
  • FDIC Certificate #: 5792
    Status: Active
    Federal Reserve ID: 856542
    Bank Holding Company (Regulatory Top Holder): Van Financial Corporation (RSSDID: 3943528, Location: Breda, IA)
    Date Established: January 01, 1890
    WWW: http://www.bredasavingsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 3953
    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 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 02, 2010
    Last Data Update: June 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 Main Street, Breda, IA 51436
    County: Carroll
    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
  • Change in Location
  • Financial Summary
  • Total assets: $42.2 mil
    Equity capital: $6.4 mil
    Deposits held in domestic offices: $28.4 mil
    Return on assets (ROA): 0.58% ($0.2 mil)
    Quarterly return on assets: -1.76% (-$0.7 mil)
    Return on Equity (ROE): 3.49% ($0.2 mil)
    Quarterly return on equity: -10.91% (-$0.7 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.68% ($287.2 mil)
    Quarterly Pretax return on assets: -1.56% (-$659.0 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)
  • $42,241Total assets
  • $1,577Cash and due from depository institutions
  • $1,297Interest-bearing balances
  • $21,028Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,309Net loans & leases
  • $445Loan loss allowance
  • $0Trading account assets
  • $44Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $42,241Life insurance assets
  • $1,283All other assets
  • $35,846Total liabilities and capital
  • $28,375Total liabilities
  • $19,929Total deposits
  • $28,375Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 2723.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,200Trading liabilities
  • $0Other borrowed funds
  • $548Subordinated debt
  • $6,395All other liabilities
  • $6,395Total equity capital
  • $6,395Total bank equity capital
  • $0Perpetual preferred stock
  • $58Common stock
  • $1,150Surplus
  • $5,187Undivided 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
  • $411Long-term assets (5+ years)
  • $40,634Average Assets, year-to-date
  • $13,441Average Assets, quarterly
  • $38,791Volatile liabilities
  • $40,490Insider loans
  • $23,584FHLB advances
  • $41,154Loans and leases held for sale
  • $423Unused loan commitments
  • $423Tier 1 (core) risk-based capital
  • $6,395Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,514Restructured Loans and leases
  • $146Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,381Total interest income
  • $204Total interest expense
  • $1,177Net interest income
  • $0Provision for loan and lease losses
  • $194Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $123Additional noninterest income
  • $1,108Total noninterest expense
  • $828Salaries and employee benefits
  • $39Premises and equipment expense
  • $241Additional noninterest expense
  • $263Pre-tax net operating income
  • $0Securities gains (losses)
  • $37Applicable income taxes
  • $226Income before extraordinary items
  • $0Extraordinary gains - net
  • $226Net income attributable to bank
  • $0Net charge-offs
  • $226Cash dividends
  • -$45Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.71%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 3.17%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 3.49%Return on equity (ROE)
  • 2.26%Retained earnings to average equity (YTD only)
  • -0.25%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 80,817Assets per employee
  • 6.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.40%Loss allowance to loans
  • 2.37%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 64.53%Net loans and leases to core deposits
  • 65.16%Equity capital to assets
  • 15.14%Core capital (leverage) ratio
  • 15.54%Tier 1 risk-based capital ratio
  • 27.12%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $38,791Average earning assets
  • $6,470Average equity
  • $37,186Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03953Breda Savings Bank105 Main Street, Breda, IA 51436January 01, 1890Full Service Brick and Mortar

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