Central State Bank in city_name, state_name - Detailed Financial Reports, Location

Central State Bank in Elkader, Iowa (IA)
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Central State Bank routing number info

Central State Bank - Overview

General
FDIC Certificate #: 1550
Status: Active
Federal Reserve ID: 678744
Bank Holding Company (Regulatory Top Holder): Ajj Bancorp, Inc. (RSSDID: 2253734, Location: Elkader, IA)
Date Established: November 12, 1931
WWW: http://www.bankatcentral.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 7 (Domestic: 7, Interstate: No)
FDIC's unique #: 1019
Numeric code: 13
Regulator: FED
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: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 22, 2010
Last Structure Change Process Date: December 07, 2010
Last Data Update: December 07, 2010
Data Source Date: April 05, 2012
Location
Address: 102 North Main Street, Elkader, IA 52043
County: Clayton
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
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $155.1 mil
Equity capital: $22.8 mil
Deposits held in domestic offices: $130.0 mil
Return on assets (ROA): 1.27% ($2.0 mil)
Quarterly return on assets: 1.08% ($1.7 mil)
Return on Equity (ROE): 8.52% ($2.0 mil)
Quarterly return on equity: 7.25% ($1.7 mil)
Net income: $2.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.27% ($1,969.5 mil)
Quarterly Pretax return on assets: 1.10% ($1,705.9 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
37Total employees (full-time equivalent)
$155,080Total assets
$16,697Cash and due from depository institutions
$8,741Interest-bearing balances
$14,743Securities
$0Federal funds sold & reverse repurchase agreements
$114,071Net loans & leases
$2,463Loan loss allowance
$0Trading account assets
$1,601Bank premises and fixed assets
$1,972Other real estate owned
$0Goodwill and other intangibles
$155,080Life insurance assets
$5,996All other assets
$132,318Total liabilities and capital
$130,045Total liabilities
$106,598Total deposits
$130,045Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,120Trading liabilities
$0Other borrowed funds
$1,153Subordinated debt
$22,762All other liabilities
$22,762Total equity capital
$22,762Total bank equity capital
$0Perpetual preferred stock
$800Common stock
$17,200Surplus
$4,762Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$240Income earned, not collected on loans
$0Earning assets
$727Long-term assets (5+ years)
$137,555Average Assets, year-to-date
$11,683Average Assets, quarterly
$153,933Volatile liabilities
$154,977Insider loans
$115,436FHLB advances
$154,956Loans and leases held for sale
$3,841Unused loan commitments
$3,841Tier 1 (core) risk-based capital
$22,425Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,003Restructured Loans and leases
$638Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,856Total interest income
$1,630Total interest expense
$6,226Net interest income
$580Provision for loan and lease losses
$690Total noninterest income
$0Fiduciary activities
$225Service charges on deposit accounts
$0Trading account gains & fees
$465Additional noninterest income
$4,380Total noninterest expense
$2,599Salaries and employee benefits
$848Premises and equipment expense
$933Additional noninterest expense
$1,956Pre-tax net operating income
$0Securities gains (losses)
$6Applicable income taxes
$1,950Income before extraordinary items
$0Extraordinary gains - net
$1,950Net income attributable to bank
$0Net charge-offs
$1,950Cash dividends
-$42Sale, conversion, retirement of capital stock, net
$1,670Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.67%Yield on earning assets
1.18%Cost of funding earning assets
4.49%Net interest margin
0.50%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
1.27%Net operating income to assets
1.27%Return on assets (ROA)
1.27%Pretax return on assets
8.52%Return on equity (ROE)
1.22%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-1380.95%Credit loss provision to net charge-offs
0.00%Efficiency ratio
63,331Assets per employee
4.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.64%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
1026.25%Noncurrent assets plus other real estate owned to assets
1.43%Noncurrent loans to loans
0.21%Net loans and leases to deposits
87.72%Net loans and leases to core deposits
97.71%Equity capital to assets
14.68%Core capital (leverage) ratio
14.47%Tier 1 risk-based capital ratio
19.43%Total risk-based capital ratio
Memoranda
$21Average assets
$153,933Average earning assets
$22,890Average equity
$138,559Average 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
$385Managed Assets
1Number of Accounts
$3Personal trust and agency accounts
$3Employee 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
89Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$382Other retirement accounts
$382Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

7 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1019	Central State Bank	102 North Main Street, Elkader, IA 52043	November 12, 1931	Full Service Brick and Mortar
2	189806	Volga Branch	S Main Street, Volga, IA 52077	September 15, 1966	Full Service Brick and Mortar
3	175	Mcgregor Branch	Main Street, Mc Gregor, IA 52157	May 15, 1933	Full Service Brick and Mortar
4	181370	Marquette Branch	Main Street, Marquette, IA 52158	May 15, 1933	Full Service Brick and Mortar
5	189807	Elkader Branch	200 North Main, Elkader, IA 52043	April 13, 1990	Limited Service Facility
6	445317	Coralville Branch	2530 Corridor Way, Coralville, IA 52241	Febuary 22, 2006	Full Service Brick and Mortar
7	478294	Iowa City Branch	202 N. Linn St., Iowa City, IA 52245	October 30, 2007	Full Service Brick and Mortar

Central State Bank in Elkader, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Central State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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Central State Bank in Elkader, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Central State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Central State Bank in Elkader, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches