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

This bank is inactive as of October 01, 1996

  • Cleghorn State Bank in Cleghorn, Iowa (IA)
  • Show street view No street view available for this location

Cleghorn State Bank - Overview

  • General
  • FDIC Certificate #: 8518
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The First Trust & Savings Bank (#15431)
    Federal Reserve ID: 834447
    Date Established: January 01, 1892
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 5427
    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: January 01, 1934
    Last Structure Change Effective Date: October 01, 1996
    Last Structure Change Process Date: October 31, 1996
    Last Data Update: October 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 North Lewis Avenue, Cleghorn, IA 51014
    County: Cherokee
    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
  • Financial Summary
  • Total assets: $12.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6Total assets
  • $11,336Cash and due from depository institutions
  • $118Interest-bearing balances
  • $0Securities
  • $4,288Federal funds sold & reverse repurchase agreements
  • $125Net loans & leases
  • $6,551Loan loss allowance
  • $80Trading account assets
  • $0Bank premises and fixed assets
  • $57Other real estate owned
  • $0Goodwill and other intangibles
  • $197Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $11,336Total liabilities
  • $10,456Total deposits
  • $10,241Interest-bearing deposits
  • $9,527Deposits held in domestic offices
  • 10241.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $70Subordinated debt
  • $0All other liabilities
  • $145Total equity capital
  • $145Total bank equity capital
  • $880Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $425Undivided profits
  • Memoranda
  • $255Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $136Earning assets
  • $10,964Long-term assets (5+ years)
  • $526Average Assets, year-to-date
  • $11,040Average Assets, quarterly
  • $11,175Volatile liabilities
  • $972Insider loans
  • $25FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,194Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $872Total risk weighted assets
  • $7,357Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $830Total interest expense
  • $427Net interest income
  • $403Provision for loan and lease losses
  • $10Total noninterest income
  • $59Fiduciary activities
  • $0Service charges on deposit accounts
  • $32Trading account gains & fees
  • $0Additional noninterest income
  • $27Total noninterest expense
  • $301Salaries and employee benefits
  • $175Premises and equipment expense
  • $12Additional noninterest expense
  • $114Pre-tax net operating income
  • $151Securities gains (losses)
  • $2Applicable income taxes
  • $45Income before extraordinary items
  • $108Extraordinary gains - net
  • $0Net income attributable to bank
  • $108Net charge-offs
  • $4Cash dividends
  • $85Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.79%Cost of funding earning assets
  • 4.01%Net interest margin
  • 3.78%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 2.83%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 1.39%Return on equity (ROE)
  • 12.80%Retained earnings to average equity (YTD only)
  • 2.73%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 250.00%Efficiency ratio
  • 65,152Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 78.70%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 63.97%Net loans and leases to core deposits
  • 70.15%Equity capital to assets
  • 7.76%Core capital (leverage) ratio
  • 7.55%Tier 1 risk-based capital ratio
  • 11.85%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $11,040Average earning assets
  • $844Average equity
  • $10,652Average loans

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