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
    WWW: http://www.bankoelwein.com
    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

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