Center Point Bank and Trust Company in Center Point, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Center Point Bank and Trust Company in Center Point, Iowa (IA)
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Center Point Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 19293
    Status: Active
    Federal Reserve ID: 862945
    Bank Holding Company (Regulatory Top Holder): Country Bancorporation (RSSDID: 1203910, Location: Crawfordsville, IA)
    Date Established: December 01, 1964
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12493
    FDIC's unique #: 13106
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: December 01, 1964
    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: 901 Bank Court, Center Point, IA 52213
    County: Linn
    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): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $31.9 mil
    Equity capital: $2.6 mil
    Deposits held in domestic offices: $28.0 mil
    Return on assets (ROA): 1.20% ($0.4 mil)
    Quarterly return on assets: 1.11% ($0.4 mil)
    Return on Equity (ROE): 14.00% ($0.4 mil)
    Quarterly return on equity: 13.46% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.93% ($616.0 mil)
    Quarterly Pretax return on assets: 1.92% ($612.8 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
  • 8Total employees (full-time equivalent)
  • $31,918Total assets
  • $2,421Cash and due from depository institutions
  • $631Interest-bearing balances
  • $5,548Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $22,143Net loans & leases
  • $289Loan loss allowance
  • $0Trading account assets
  • $626Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $31,918Life insurance assets
  • $1,180All other assets
  • $29,329Total liabilities and capital
  • $27,981Total liabilities
  • $23,247Total deposits
  • $27,981Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 1126.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $222Subordinated debt
  • $2,589All other liabilities
  • $2,589Total equity capital
  • $2,589Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $550Surplus
  • $1,964Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $0Earning assets
  • $179Long-term assets (5+ years)
  • $28,322Average Assets, year-to-date
  • $12,677Average Assets, quarterly
  • $29,430Volatile liabilities
  • $31,485Insider loans
  • $22,906FHLB advances
  • $31,058Loans and leases held for sale
  • $852Unused loan commitments
  • $852Tier 1 (core) risk-based capital
  • $2,489Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,887Restructured Loans and leases
  • $348Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,521Total interest income
  • $325Total interest expense
  • $1,196Net interest income
  • $47Provision for loan and lease losses
  • $164Total noninterest income
  • $0Fiduciary activities
  • $75Service charges on deposit accounts
  • $0Trading account gains & fees
  • $89Additional noninterest income
  • $745Total noninterest expense
  • $490Salaries and employee benefits
  • $123Premises and equipment expense
  • $132Additional noninterest expense
  • $568Pre-tax net operating income
  • $1Securities gains (losses)
  • $216Applicable income taxes
  • $353Income before extraordinary items
  • $0Extraordinary gains - net
  • $353Net income attributable to bank
  • $0Net charge-offs
  • $353Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.77%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.53%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.93%Pretax return on assets
  • 14.00%Return on equity (ROE)
  • 6.07%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 54,779Assets per employee
  • 3.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.66%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 28900.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 79.14%Net loans and leases to core deposits
  • 80.58%Equity capital to assets
  • 8.11%Core capital (leverage) ratio
  • 8.01%Tier 1 risk-based capital ratio
  • 10.87%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $29,430Average earning assets
  • $2,521Average equity
  • $26,379Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013106Center Point Bank And Trust Company901 Bank Court, Center Point, IA 52213December 01, 1964Full Service Brick and Mortar

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