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

Community Bank - Overview

  • General
  • FDIC Certificate #: 34249
    Status: Active
    Federal Reserve ID: 2454867
    Bank Holding Company (Regulatory Top Holder): Carroll County Bancshares, Inc. (RSSDID: 1203451, Location: Carroll, IA)
    Date Established: September 03, 1996
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 57008
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: September 03, 1996
    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: 1121 South 'g' Avenue, Nevada, IA 50201
    County: Story
    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
    Combined Statistical Area (CSA): Ames-Boone, IA (#112)
    Core Based Statistical Area (CBSA): Ames, IA (#11180)
    CBSA Metro Statistical Area: Ames, IA (#11180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $149.1 mil
    Equity capital: $13.2 mil
    Deposits held in domestic offices: $121.9 mil
    Return on assets (ROA): 1.17% ($1.7 mil)
    Quarterly return on assets: 1.37% ($2.0 mil)
    Return on Equity (ROE): 12.78% ($1.7 mil)
    Quarterly return on equity: 15.25% ($2.0 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.86% ($2,774.0 mil)
    Quarterly Pretax return on assets: 2.18% ($3,251.2 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
  • 16Total employees (full-time equivalent)
  • $149,138Total assets
  • $2,598Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,919Securities
  • $367Federal funds sold & reverse repurchase agreements
  • $135,217Net loans & leases
  • $2,500Loan loss allowance
  • $0Trading account assets
  • $916Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $149,138Life insurance assets
  • $4,121All other assets
  • $135,964Total liabilities and capital
  • $121,929Total liabilities
  • $112,967Total deposits
  • $121,929Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 6250.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $785Subordinated debt
  • $13,174All other liabilities
  • $13,174Total equity capital
  • $13,174Total bank equity capital
  • $0Perpetual preferred stock
  • $4,600Common stock
  • $1,150Surplus
  • $7,424Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $108Income earned, not collected on loans
  • $0Earning assets
  • $2,246Long-term assets (5+ years)
  • $141,503Average Assets, year-to-date
  • $77,861Average Assets, quarterly
  • $134,669Volatile liabilities
  • $144,009Insider loans
  • $133,152FHLB advances
  • $143,374Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,930Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,610Restructured Loans and leases
  • $878Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,705Total interest income
  • $1,498Total interest expense
  • $5,207Net interest income
  • $889Provision for loan and lease losses
  • $72Total noninterest income
  • $0Fiduciary activities
  • $53Service charges on deposit accounts
  • $0Trading account gains & fees
  • $19Additional noninterest income
  • $1,889Total noninterest expense
  • $1,312Salaries and employee benefits
  • $101Premises and equipment expense
  • $476Additional noninterest expense
  • $2,501Pre-tax net operating income
  • $0Securities gains (losses)
  • $929Applicable income taxes
  • $1,572Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,572Net income attributable to bank
  • $0Net charge-offs
  • $1,572Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 4.05%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 1.47%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.86%Pretax return on assets
  • 12.78%Return on equity (ROE)
  • 12.78%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 35,783Assets per employee
  • 9.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 2314.81%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 110.90%Net loans and leases to core deposits
  • 137.35%Equity capital to assets
  • 8.83%Core capital (leverage) ratio
  • 9.02%Tier 1 risk-based capital ratio
  • 9.71%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $134,669Average earning assets
  • $12,299Average equity
  • $128,418Average loans

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057008Community Bank1121 South 'g' Avenue, Nevada, IA 50201September 03, 1996Full Service Brick and Mortar
    1508888Community Bank Of Holstein117 S Main St, Holstein, IA 51025Febuary 25, 2010Full Service Brick and Mortar

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