Commercial Savings Bank in Carroll, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Commercial Savings Bank - Overview

  • General
  • FDIC Certificate #: 231
    Status: Active
    Federal Reserve ID: 194440
    Bank Holding Company (Regulatory Top Holder): Commercial Ban Corp. (RSSDID: 1132971, Location: Carroll, IA)
    Date Established: January 01, 1917
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 184
    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 31, 2008
    Last Structure Change Process Date: November 12, 2008
    Last Data Update: November 12, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 627 North Adams Street, Carroll, IA 51401
    County: Carroll
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $118.2 mil
    Equity capital: $10.2 mil
    Deposits held in domestic offices: $101.3 mil
    Return on assets (ROA): 1.04% ($1.2 mil)
    Quarterly return on assets: 0.35% ($0.4 mil)
    Return on Equity (ROE): 11.33% ($1.1 mil)
    Quarterly return on equity: 3.84% ($0.4 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.10% ($1,300.7 mil)
    Quarterly Pretax return on assets: 0.37% ($437.5 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
  • 29Total employees (full-time equivalent)
  • $118,241Total assets
  • $19,849Cash and due from depository institutions
  • $10,365Interest-bearing balances
  • $17,356Securities
  • $618Federal funds sold & reverse repurchase agreements
  • $77,661Net loans & leases
  • $901Loan loss allowance
  • $0Trading account assets
  • $1,318Bank premises and fixed assets
  • $106Other real estate owned
  • $0Goodwill and other intangibles
  • $118,241Life insurance assets
  • $1,333All other assets
  • $108,088Total liabilities and capital
  • $101,343Total liabilities
  • $82,827Total deposits
  • $101,343Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 48.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,605Trading liabilities
  • $0Other borrowed funds
  • $92Subordinated debt
  • $10,153All other liabilities
  • $10,153Total equity capital
  • $10,153Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $2,100Surplus
  • $7,653Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,725Income earned, not collected on loans
  • $1,851Earning assets
  • $525Long-term assets (5+ years)
  • $106,000Average Assets, year-to-date
  • $6,535Average Assets, quarterly
  • $110,583Volatile liabilities
  • $113,291Insider loans
  • $75,421FHLB advances
  • $113,841Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,886Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,683Restructured Loans and leases
  • $453Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,308Total interest income
  • $591Total interest expense
  • $3,717Net interest income
  • $120Provision for loan and lease losses
  • $543Total noninterest income
  • $3Fiduciary activities
  • $284Service charges on deposit accounts
  • $0Trading account gains & fees
  • $256Additional noninterest income
  • $2,926Total noninterest expense
  • $2,048Salaries and employee benefits
  • $312Premises and equipment expense
  • $566Additional noninterest expense
  • $1,214Pre-tax net operating income
  • $0Securities gains (losses)
  • $65Applicable income taxes
  • $1,149Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,149Net income attributable to bank
  • $0Net charge-offs
  • $1,149Cash dividends
  • -$11Sale, conversion, retirement of capital stock, net
  • $857Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.16%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 11.33%Return on equity (ROE)
  • 2.88%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -1090.91%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 68,685Assets per employee
  • 4.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.59%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 33.06%Noncurrent assets plus other real estate owned to assets
  • 2.39%Noncurrent loans to loans
  • 3.47%Net loans and leases to deposits
  • 76.63%Net loans and leases to core deposits
  • 76.63%Equity capital to assets
  • 8.59%Core capital (leverage) ratio
  • 8.68%Tier 1 risk-based capital ratio
  • 13.11%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $110,583Average earning assets
  • $10,139Average equity
  • $103,489Average 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
  • $2,850Managed Assets
  • 1Number of Accounts
  • $2,579Personal trust and agency accounts
  • $2,579Employee 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
  • 57Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $271Other retirement accounts
  • $271Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0184Commercial Savings Bank627 North Adams Street, Carroll, IA 51401January 01, 1917Full Service Brick and Mortar
    1181380Dedham BranchMain Street, Dedham, IA 51440July 03, 1936Full Service Brick and Mortar
    3181382Drive-In Branch626 North Carroll Street, Carroll, IA 51401August 24, 1974Limited Service Facility

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