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

City State Bank - Overview

  • General
  • FDIC Certificate #: 16438
    Status: Active
    Federal Reserve ID: 893640
    Bank Holding Company (Regulatory Top Holder): City State Bancorporation, Inc. (RSSDID: 3867464, Location: Central City, IA)
    Date Established: June 15, 1946
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 12393
    FDIC's unique #: 10608
    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: Commercial Lending Specialization
    Date of Deposit Insurance: June 15, 1946
    Last Structure Change Effective Date: November 30, 2010
    Last Structure Change Process Date: November 30, 2010
    Last Data Update: November 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 59 Fourth Street North, Central City, IA 52214
    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)
  • Financial Summary
  • Total assets: $131.1 mil
    Equity capital: $14.3 mil
    Deposits held in domestic offices: $110.2 mil
    Return on assets (ROA): 0.43% ($0.6 mil)
    Quarterly return on assets: 0.77% ($1.0 mil)
    Return on Equity (ROE): 4.21% ($0.6 mil)
    Quarterly return on equity: 7.21% ($1.0 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.43% ($563.7 mil)
    Quarterly Pretax return on assets: 0.77% ($1,009.5 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
  • 33Total employees (full-time equivalent)
  • $131,101Total assets
  • $1,713Cash and due from depository institutions
  • $127Interest-bearing balances
  • $30,093Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $91,757Net loans & leases
  • $1,268Loan loss allowance
  • $0Trading account assets
  • $2,663Bank premises and fixed assets
  • $117Other real estate owned
  • $0Goodwill and other intangibles
  • $131,101Life insurance assets
  • $4,758All other assets
  • $116,819Total liabilities and capital
  • $110,208Total liabilities
  • $97,834Total deposits
  • $110,208Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 2806.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,400Trading liabilities
  • $0Other borrowed funds
  • $405Subordinated debt
  • $14,282All other liabilities
  • $14,282Total equity capital
  • $14,282Total bank equity capital
  • $0Perpetual preferred stock
  • $90Common stock
  • $9,172Surplus
  • $5,020Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $436Income earned, not collected on loans
  • $0Earning assets
  • $801Long-term assets (5+ years)
  • $121,977Average Assets, year-to-date
  • $28,931Average Assets, quarterly
  • $122,963Volatile liabilities
  • $128,022Insider loans
  • $97,715FHLB advances
  • $128,293Loans and leases held for sale
  • $3,112Unused loan commitments
  • $1,558Tier 1 (core) risk-based capital
  • $13,976Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,554Total unused commitments
  • $9,852Restructured Loans and leases
  • $6,357Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,711Total interest income
  • $1,902Total interest expense
  • $3,809Net interest income
  • $475Provision for loan and lease losses
  • $771Total noninterest income
  • $0Fiduciary activities
  • $125Service charges on deposit accounts
  • $0Trading account gains & fees
  • $646Additional noninterest income
  • $3,866Total noninterest expense
  • $2,267Salaries and employee benefits
  • $404Premises and equipment expense
  • $1,195Additional noninterest expense
  • $239Pre-tax net operating income
  • $287Securities gains (losses)
  • $0Applicable income taxes
  • $526Income before extraordinary items
  • $0Extraordinary gains - net
  • $526Net income attributable to bank
  • $0Net charge-offs
  • $526Cash dividends
  • $161Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 1.66%Cost of funding earning assets
  • 3.32%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.37%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.43%Pretax return on assets
  • 4.21%Return on equity (ROE)
  • 4.21%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 295.03%Credit loss provision to net charge-offs
  • 4.43%Efficiency ratio
  • 84,410Assets per employee
  • 3.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 290.83%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 83.26%Net loans and leases to core deposits
  • 92.09%Equity capital to assets
  • 10.89%Core capital (leverage) ratio
  • 10.89%Tier 1 risk-based capital ratio
  • 14.30%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $122,963Average earning assets
  • $12,493Average equity
  • $114,705Average loans

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010608City State Bank59 Fourth Street North, Central City, IA 52214June 15, 1946Full Service Brick and Mortar
    1479137City State Bank Branch325 Oakbrook Drive, Marion, IA 52302July 01, 2007Full Service Brick and Mortar

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