Citizens State Bank in Webb, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 25, 1994

  • Citizens State Bank in Webb, Iowa (IA)
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Citizens State Bank - Overview

  • General
  • FDIC Certificate #: 16586
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Community State Bank (#230)
    Federal Reserve ID: 203744
    Date Established: January 01, 1900
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 10731
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 12, 1947
    Last Structure Change Effective Date: April 25, 1994
    Last Structure Change Process Date: May 10, 1994
    Last Data Update: May 10, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 309-11 Main Street, Webb, IA 51366
    County: Clay
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Spencer, IA (#43980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $10.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6Total assets
  • $10,633Cash and due from depository institutions
  • $511Interest-bearing balances
  • $198Securities
  • $3,561Federal funds sold & reverse repurchase agreements
  • $575Net loans & leases
  • $5,520Loan loss allowance
  • $161Trading account assets
  • $0Bank premises and fixed assets
  • $163Other real estate owned
  • $71Goodwill and other intangibles
  • $232Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $10,633Total liabilities
  • $9,785Total deposits
  • $9,687Interest-bearing deposits
  • $8,634Deposits held in domestic offices
  • 9687.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $33Subordinated debt
  • $0All other liabilities
  • $65Total equity capital
  • $65Total bank equity capital
  • $848Perpetual preferred stock
  • $0Common stock
  • $30Surplus
  • $570Undivided profits
  • Memoranda
  • $248Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $172Income earned, not collected on loans
  • $145Earning assets
  • $9,854Long-term assets (5+ years)
  • $1,648Average Assets, year-to-date
  • $10,783Average Assets, quarterly
  • $10,552Volatile liabilities
  • $233Insider loans
  • $37FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $438Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $848Total risk weighted assets
  • $6,772Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $787Total interest expense
  • $347Net interest income
  • $440Provision for loan and lease losses
  • $14Total noninterest income
  • $91Fiduciary activities
  • $0Service charges on deposit accounts
  • $45Trading account gains & fees
  • $0Additional noninterest income
  • $46Total noninterest expense
  • $421Salaries and employee benefits
  • $217Premises and equipment expense
  • $41Additional noninterest expense
  • $163Pre-tax net operating income
  • $96Securities gains (losses)
  • $4Applicable income taxes
  • $14Income before extraordinary items
  • $86Extraordinary gains - net
  • $0Net income attributable to bank
  • $86Net charge-offs
  • $18Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.92%Cost of funding earning assets
  • 3.49%Net interest margin
  • 4.43%Noninterest income to earning assets
  • 0.92%Noninterest expense to earning assets
  • 4.24%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 0.93%Return on equity (ROE)
  • 10.84%Retained earnings to average equity (YTD only)
  • 10.84%Net charge-offs to loans
  • 0.31%Credit loss provision to net charge-offs
  • 77.78%Efficiency ratio
  • 79,284Assets per employee
  • 1.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.83%Loss allowance to noncurrent loans
  • 93.60%Noncurrent assets plus other real estate owned to assets
  • 2.29%Noncurrent loans to loans
  • 3.03%Net loans and leases to deposits
  • 56.98%Net loans and leases to core deposits
  • 58.18%Equity capital to assets
  • 7.98%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 12.52%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $10,783Average earning assets
  • $793Average equity
  • $9,939Average loans

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