Carroll County State Bank in Carroll, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Carroll County State Bank - Overview

  • General
  • FDIC Certificate #: 11771
    Status: Active
    Federal Reserve ID: 859141
    Bank Holding Company (Regulatory Top Holder): Carroll County Bancshares, Inc. (RSSDID: 1203451, Location: Carroll, IA)
    Date Established: January 01, 1870
    WWW: http://www.carrollia.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 7528
    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: April 21, 2011
    Last Structure Change Process Date: May 17, 2011
    Last Data Update: May 17, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 126 West 6th, Carroll, IA 51401
    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: $352.9 mil
    Equity capital: $30.7 mil
    Deposits held in domestic offices: $304.3 mil
    Return on assets (ROA): 0.83% ($2.9 mil)
    Quarterly return on assets: 1.10% ($3.9 mil)
    Return on Equity (ROE): 9.95% ($3.1 mil)
    Quarterly return on equity: 12.67% ($3.9 mil)
    Net income: $2.8 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 0.93% ($3,282.1 mil)
    Quarterly Pretax return on assets: 1.15% ($4,058.5 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
  • 68Total employees (full-time equivalent)
  • $352,911Total assets
  • $14,864Cash and due from depository institutions
  • $6,436Interest-bearing balances
  • $89,014Securities
  • $1,044Federal funds sold & reverse repurchase agreements
  • $220,977Net loans & leases
  • $3,879Loan loss allowance
  • $0Trading account assets
  • $11,125Bank premises and fixed assets
  • $5,270Other real estate owned
  • $0Goodwill and other intangibles
  • $352,911Life insurance assets
  • $10,617All other assets
  • $322,174Total liabilities and capital
  • $304,261Total liabilities
  • $268,028Total deposits
  • $304,261Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $2,913Subordinated debt
  • $30,737All other liabilities
  • $30,737Total equity capital
  • $30,737Total bank equity capital
  • $0Perpetual preferred stock
  • $590Common stock
  • $5,649Surplus
  • $24,498Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $728Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,033Income earned, not collected on loans
  • $0Earning assets
  • $3,084Long-term assets (5+ years)
  • $317,471Average Assets, year-to-date
  • $90,448Average Assets, quarterly
  • $337,266Volatile liabilities
  • $348,004Insider loans
  • $269,128FHLB advances
  • $343,941Loans and leases held for sale
  • $3,826Unused loan commitments
  • $3,826Tier 1 (core) risk-based capital
  • $29,491Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $33,161Restructured Loans and leases
  • $467Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,186Total interest income
  • $3,028Total interest expense
  • $12,158Net interest income
  • $895Provision for loan and lease losses
  • $1,008Total noninterest income
  • $0Fiduciary activities
  • $501Service charges on deposit accounts
  • $0Trading account gains & fees
  • $507Additional noninterest income
  • $9,645Total noninterest expense
  • $5,364Salaries and employee benefits
  • $1,318Premises and equipment expense
  • $2,963Additional noninterest expense
  • $2,626Pre-tax net operating income
  • $500Securities gains (losses)
  • $326Applicable income taxes
  • $2,800Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,800Net income attributable to bank
  • $0Net charge-offs
  • $2,800Cash dividends
  • $1,090Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 4.02%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 0.70%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 9.95%Return on equity (ROE)
  • 9.95%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 82.11%Credit loss provision to net charge-offs
  • 3.23%Efficiency ratio
  • 73,257Assets per employee
  • 5.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 127.89%Noncurrent assets plus other real estate owned to assets
  • 2.52%Noncurrent loans to loans
  • 1.35%Net loans and leases to deposits
  • 72.63%Net loans and leases to core deposits
  • 81.99%Equity capital to assets
  • 8.71%Core capital (leverage) ratio
  • 8.57%Tier 1 risk-based capital ratio
  • 10.96%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $337,266Average earning assets
  • $28,146Average equity
  • $302,063Average 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
  • $1,013Managed Assets
  • 1Number of Accounts
  • $152Personal trust and agency accounts
  • $152Employee 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
  • 113Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $861Other retirement accounts
  • $861Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07528Carroll County State Bank126 West 6th, Carroll, IA 51401January 01, 1870Full Service Brick and Mortar
    1225529Arcadia Branch201 Gault Street, Arcadia, IA 51430March 01, 1934Full Service Brick and Mortar
    3225530Hy-Vee Grocery Store Branch905 U. S. Highway 30 West, Carroll, IA 51401December 01, 1992Full Service Brick and Mortar
    4419640Council Bluffs Branch1751 Madison Avenue, Suite 3004, Council Bluffs, IA 51503June 30, 2003Limited Service Loan Production
    5426524Council Bluffs Madison Branch1751 Madison Avenue, Council Bluffs, IA 51503January 05, 2004Full Service Brick and Mortar
    6453719Coon Rapids Branch423 Main Street, Coon Rapids, IA 50058October 10, 2005Full Service Brick and Mortar
    7462782Council Bluffs Savings Bank117 Pearl Street, Council Bluffs, IA 51503August 15, 2006Full Service Brick and Mortar

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