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


Citizens Savings Bank - Overview

  • General
  • FDIC Certificate #: 12128
    Status: Active
    Federal Reserve ID: 544447
    Date Established: January 01, 1908
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7706
    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: 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: 101 Church St, Spillville, IA 52168
    County: Winneshiek
    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
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $73.9 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $58.4 mil
    Return on assets (ROA): 1.64% ($1.2 mil)
    Quarterly return on assets: 1.31% ($1.0 mil)
    Return on Equity (ROE): 14.45% ($1.2 mil)
    Quarterly return on equity: 11.37% ($0.9 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.94% ($1,433.9 mil)
    Quarterly Pretax return on assets: 1.36% ($1,005.2 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
  • 14Total employees (full-time equivalent)
  • $73,914Total assets
  • $4,428Cash and due from depository institutions
  • $1,868Interest-bearing balances
  • $31,623Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,136Net loans & leases
  • $622Loan loss allowance
  • $0Trading account assets
  • $217Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $73,914Life insurance assets
  • $1,510All other assets
  • $65,643Total liabilities and capital
  • $58,446Total liabilities
  • $50,622Total deposits
  • $58,446Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,950Trading liabilities
  • $0Other borrowed funds
  • $247Subordinated debt
  • $8,271All other liabilities
  • $8,271Total equity capital
  • $8,271Total bank equity capital
  • $0Perpetual preferred stock
  • $30Common stock
  • $470Surplus
  • $7,771Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $317Income earned, not collected on loans
  • $0Earning assets
  • $878Long-term assets (5+ years)
  • $69,627Average Assets, year-to-date
  • $32,920Average Assets, quarterly
  • $66,370Volatile liabilities
  • $71,683Insider loans
  • $53,272FHLB advances
  • $70,944Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,004Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,170Restructured Loans and leases
  • $247Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,321Total interest income
  • $969Total interest expense
  • $2,352Net interest income
  • $24Provision for loan and lease losses
  • $182Total noninterest income
  • $0Fiduciary activities
  • $65Service charges on deposit accounts
  • $0Trading account gains & fees
  • $117Additional noninterest income
  • $1,307Total noninterest expense
  • $770Salaries and employee benefits
  • $105Premises and equipment expense
  • $432Additional noninterest expense
  • $1,203Pre-tax net operating income
  • $86Securities gains (losses)
  • $203Applicable income taxes
  • $1,086Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,086Net income attributable to bank
  • $0Net charge-offs
  • $1,086Cash dividends
  • $51Sale, conversion, retirement of capital stock, net
  • $83Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.07%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 1.94%Pretax return on assets
  • 14.45%Return on equity (ROE)
  • 13.34%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 47.06%Credit loss provision to net charge-offs
  • 24.06%Efficiency ratio
  • 51,579Assets per employee
  • 5.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.64%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 196.21%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 61.83%Net loans and leases to core deposits
  • 68.83%Equity capital to assets
  • 11.19%Core capital (leverage) ratio
  • 11.28%Tier 1 risk-based capital ratio
  • 15.02%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $66,370Average earning assets
  • $7,518Average equity
  • $62,992Average 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
  • $332Managed Assets
  • 1Number of Accounts
  • $30Personal trust and agency accounts
  • $30Employee 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
  • 38Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $302Other retirement accounts
  • $302Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07706Citizens Savings Bank101 Church St, Spillville, IA 52168January 01, 1908Full Service Brick and Mortar
    1226356Fort Atkinson Branch104 4th St. Nw, Po Box 67, Fort Atkinson, IA 52144July 15, 1946Full Service Brick and Mortar

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