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

Community Bank of Oelwein - Overview

  • General
  • FDIC Certificate #: 34857
    Status: Active
    Federal Reserve ID: 2702764
    Bank Holding Company (Regulatory Top Holder): First Belmond Bancorporation (RSSDID: 1204887, Location: Belmond, IA)
    Date Established: October 01, 1998
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 61820
    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: October 01, 1998
    Last Structure Change Effective Date: May 15, 2006
    Last Structure Change Process Date: June 08, 2006
    Last Data Update: June 08, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 150 1st Street, S.E., Oelwein, IA 50662
    County: Fayette
    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
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $79.3 mil
    Equity capital: $6.7 mil
    Deposits held in domestic offices: $71.6 mil
    Return on assets (ROA): 0.93% ($0.7 mil)
    Quarterly return on assets: -1.28% (-$1.0 mil)
    Return on Equity (ROE): 11.49% ($0.8 mil)
    Quarterly return on equity: -14.76% (-$1.0 mil)
    Net income: $0.7 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: 0.99% ($785.4 mil)
    Quarterly Pretax return on assets: -2.47% (-$1,959.4 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
  • 9Total employees (full-time equivalent)
  • $79,329Total assets
  • $5,010Cash and due from depository institutions
  • $4,142Interest-bearing balances
  • $41,405Securities
  • $497Federal funds sold & reverse repurchase agreements
  • $29,823Net loans & leases
  • $808Loan loss allowance
  • $0Trading account assets
  • $649Bank premises and fixed assets
  • $340Other real estate owned
  • $0Goodwill and other intangibles
  • $79,329Life insurance assets
  • $1,605All other assets
  • $72,582Total liabilities and capital
  • $71,624Total liabilities
  • $68,780Total deposits
  • $71,624Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 208.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $750Subordinated debt
  • $6,747All other liabilities
  • $6,747Total equity capital
  • $6,747Total bank equity capital
  • $0Perpetual preferred stock
  • $239Common stock
  • $2,641Surplus
  • $3,867Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $62Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $459Income earned, not collected on loans
  • $0Earning assets
  • $667Long-term assets (5+ years)
  • $75,867Average Assets, year-to-date
  • $36,717Average Assets, quarterly
  • $76,140Volatile liabilities
  • $79,042Insider loans
  • $39,550FHLB advances
  • $79,153Loans and leases held for sale
  • $544Unused loan commitments
  • $544Tier 1 (core) risk-based capital
  • $5,979Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,827Restructured Loans and leases
  • $367Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,078Total interest income
  • $1,090Total interest expense
  • $1,988Net interest income
  • $620Provision for loan and lease losses
  • $20Total noninterest income
  • $1Fiduciary activities
  • $127Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$108Additional noninterest income
  • $1,194Total noninterest expense
  • $602Salaries and employee benefits
  • $153Premises and equipment expense
  • $439Additional noninterest expense
  • $194Pre-tax net operating income
  • $559Securities gains (losses)
  • $45Applicable income taxes
  • $708Income before extraordinary items
  • $0Extraordinary gains - net
  • $708Net income attributable to bank
  • $0Net charge-offs
  • $708Cash dividends
  • $175Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.24%Yield on earning assets
  • 1.50%Cost of funding earning assets
  • 2.74%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 1.64%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.99%Pretax return on assets
  • 11.49%Return on equity (ROE)
  • 11.49%Retained earnings to average equity (YTD only)
  • 0.55%Net charge-offs to loans
  • 354.29%Credit loss provision to net charge-offs
  • 4.65%Efficiency ratio
  • 59,462Assets per employee
  • 8.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.64%Loss allowance to noncurrent loans
  • 176.03%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 1.50%Net loans and leases to deposits
  • 41.64%Net loans and leases to core deposits
  • 48.43%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 7.55%Tier 1 risk-based capital ratio
  • 15.12%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $76,140Average earning assets
  • $6,162Average equity
  • $72,600Average 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
  • $687Managed 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
  • 3Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $687Other retirement accounts
  • $687Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061820Community Bank Of Oelwein150 1st Street, S.E., Oelwein, IA 50662October 01, 1998Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Community Bank of Oelwein.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents