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


Buffalo Savings Bank - Overview

  • General
  • FDIC Certificate #: 219
    Status: Active
    Federal Reserve ID: 764843
    Bank Holding Company (Regulatory Top Holder): Apm Bancorp, Inc. (RSSDID: 1948220, Location: Buffalo, IA)
    Date Established: April 01, 1909
    WWW: http://www.buffalosavingsbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 173
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 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: 120 Washington Street, Buffalo, IA 52728
    County: Scott
    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): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $34.9 mil
    Equity capital: $3.4 mil
    Deposits held in domestic offices: $31.3 mil
    Return on assets (ROA): -0.33% (-$0.1 mil)
    Quarterly return on assets: -0.71% (-$0.2 mil)
    Return on Equity (ROE): -3.47% (-$0.1 mil)
    Quarterly return on equity: -7.32% (-$0.2 mil)
    Net income: -$0.1 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.33% (-$115.3 mil)
    Quarterly Pretax return on assets: -0.71% (-$248.1 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
  • 10Total employees (full-time equivalent)
  • $34,937Total assets
  • $3,533Cash and due from depository institutions
  • $1,952Interest-bearing balances
  • $9,068Securities
  • $4,865Federal funds sold & reverse repurchase agreements
  • $15,439Net loans & leases
  • $392Loan loss allowance
  • $0Trading account assets
  • $207Bank premises and fixed assets
  • $1,639Other real estate owned
  • $0Goodwill and other intangibles
  • $34,937Life insurance assets
  • $186All other assets
  • $31,523Total liabilities and capital
  • $31,340Total liabilities
  • $27,674Total deposits
  • $31,340Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $183Subordinated debt
  • $3,414All other liabilities
  • $3,414Total equity capital
  • $3,414Total bank equity capital
  • $0Perpetual preferred stock
  • $180Common stock
  • $2,000Surplus
  • $1,234Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42Income earned, not collected on loans
  • $0Earning assets
  • $95Long-term assets (5+ years)
  • $31,324Average Assets, year-to-date
  • $2,583Average Assets, quarterly
  • $36,263Volatile liabilities
  • $35,377Insider loans
  • $17,614FHLB advances
  • $35,431Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,234Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $703Restructured Loans and leases
  • $601Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,324Total interest income
  • $283Total interest expense
  • $1,041Net interest income
  • $76Provision for loan and lease losses
  • $90Total noninterest income
  • $0Fiduciary activities
  • $43Service charges on deposit accounts
  • $0Trading account gains & fees
  • $47Additional noninterest income
  • $1,270Total noninterest expense
  • $641Salaries and employee benefits
  • $76Premises and equipment expense
  • $553Additional noninterest expense
  • -$215Pre-tax net operating income
  • $96Securities gains (losses)
  • $0Applicable income taxes
  • -$119Income before extraordinary items
  • $0Extraordinary gains - net
  • -$119Net income attributable to bank
  • $0Net charge-offs
  • -$119Cash dividends
  • $551Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.99%Yield on earning assets
  • 0.85%Cost of funding earning assets
  • 3.13%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 3.82%Noninterest expense to earning assets
  • -0.59%Net operating income to assets
  • -0.33%Return on assets (ROA)
  • -0.33%Pretax return on assets
  • -3.47%Return on equity (ROE)
  • -3.47%Retained earnings to average equity (YTD only)
  • 3.09%Net charge-offs to loans
  • 13.79%Credit loss provision to net charge-offs
  • -0.25%Efficiency ratio
  • 112,290Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 933.33%Noncurrent assets plus other real estate owned to assets
  • 4.81%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 49.26%Net loans and leases to core deposits
  • 50.51%Equity capital to assets
  • 9.77%Core capital (leverage) ratio
  • 9.13%Tier 1 risk-based capital ratio
  • 18.36%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $36,263Average earning assets
  • $3,429Average equity
  • $33,213Average 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
  • $8Managed Assets
  • 1Number of Accounts
  • $8Personal trust and agency accounts
  • $8Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0173Buffalo Savings Bank120 Washington Street, Buffalo, IA 52728April 01, 1909Full Service Brick and Mortar

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