Community Bank in Alton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community Bank - Overview

  • General
  • FDIC Certificate #: 14498
    Status: Active
    Federal Reserve ID: 735142
    Bank Holding Company (Regulatory Top Holder): Alton Bancorporation (RSSDID: 1202043, Location: Alton, IA)
    Date Established: September 24, 1915
    WWW: http://www.communitybank.org
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15842
    FDIC's unique #: 9059
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: June 16, 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: 208 Tenth Street, Alton, IA 51003
    County: Sioux
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $42.9 mil
    Equity capital: $3.8 mil
    Deposits held in domestic offices: $39.1 mil
    Return on assets (ROA): 0.91% ($0.4 mil)
    Quarterly return on assets: 0.90% ($0.4 mil)
    Return on Equity (ROE): 10.10% ($0.4 mil)
    Quarterly return on equity: 9.95% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.97% ($416.5 mil)
    Quarterly Pretax return on assets: 0.96% ($412.2 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)
  • $42,942Total assets
  • $3,820Cash and due from depository institutions
  • $1,987Interest-bearing balances
  • $11,191Securities
  • $3,195Federal funds sold & reverse repurchase agreements
  • $23,412Net loans & leases
  • $314Loan loss allowance
  • $0Trading account assets
  • $607Bank premises and fixed assets
  • $100Other real estate owned
  • $0Goodwill and other intangibles
  • $42,942Life insurance assets
  • $617All other assets
  • $39,160Total liabilities and capital
  • $39,095Total liabilities
  • $30,251Total deposits
  • $39,095Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $65Subordinated debt
  • $3,782All other liabilities
  • $3,782Total equity capital
  • $3,782Total bank equity capital
  • $0Perpetual preferred stock
  • $210Common stock
  • $990Surplus
  • $2,582Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $29Income earned, not collected on loans
  • $0Earning assets
  • $256Long-term assets (5+ years)
  • $39,785Average Assets, year-to-date
  • $3,997Average Assets, quarterly
  • $40,720Volatile liabilities
  • $41,996Insider loans
  • $28,841FHLB advances
  • $42,164Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,762Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,871Restructured Loans and leases
  • $304Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,867Total interest income
  • $293Total interest expense
  • $1,574Net interest income
  • $30Provision for loan and lease losses
  • $265Total noninterest income
  • $0Fiduciary activities
  • $137Service charges on deposit accounts
  • $0Trading account gains & fees
  • $128Additional noninterest income
  • $1,417Total noninterest expense
  • $779Salaries and employee benefits
  • $226Premises and equipment expense
  • $412Additional noninterest expense
  • $392Pre-tax net operating income
  • $1Securities gains (losses)
  • $22Applicable income taxes
  • $371Income before extraordinary items
  • $0Extraordinary gains - net
  • $371Net income attributable to bank
  • $0Net charge-offs
  • $371Cash dividends
  • $40Sale, conversion, retirement of capital stock, net
  • $178Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 3.72%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 10.10%Return on equity (ROE)
  • 5.25%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 75.00%Credit loss provision to net charge-offs
  • 10.55%Efficiency ratio
  • 77,053Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.98%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 1082.76%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 59.88%Net loans and leases to core deposits
  • 61.17%Equity capital to assets
  • 8.81%Core capital (leverage) ratio
  • 8.92%Tier 1 risk-based capital ratio
  • 13.04%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $40,720Average earning assets
  • $3,674Average equity
  • $38,080Average 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
  • $81Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee 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
  • 14Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $81Other retirement accounts
  • $81Corporate 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
    09059Community Bank208 Tenth Street, Alton, IA 51003September 24, 1915Full Service Brick and Mortar
    1231561Orange City Branch901 Eighth Street, S.E., Orange City, IA 51041December 01, 1997Full Service Brick and Mortar

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