Community State Bank in city_name, state_name - Detailed Financial Reports, Location

Community State Bank in Spencer, Iowa (IA)
Show street view No street view available for this location

Community State Bank routing number info

Community State Bank - Overview

General
FDIC Certificate #: 230
Status: Active
Federal Reserve ID: 849348
Bank Holding Company (Regulatory Top Holder): Community State Bancorporation (RSSDID: 1131424, Location: Spencer, IA)
Date Established: January 01, 1914
WWW: http://www.ecommunitybank.org
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 16077
FDIC's unique #: 183
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: January 01, 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: 1812 Highway Boulevard, Spencer, IA 51301
County: Clay
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
Core Based Statistical Area (CBSA): Spencer, IA (#43980)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $138.0 mil
Equity capital: $12.6 mil
Deposits held in domestic offices: $116.5 mil
Return on assets (ROA): 1.48% ($2.0 mil)
Quarterly return on assets: 1.27% ($1.8 mil)
Return on Equity (ROE): 16.80% ($2.2 mil)
Quarterly return on equity: 13.50% ($1.8 mil)
Net income: $1.9 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.56% ($2,153.5 mil)
Quarterly Pretax return on assets: 1.34% ($1,849.8 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
31Total employees (full-time equivalent)
$138,047Total assets
$9,623Cash and due from depository institutions
$4,735Interest-bearing balances
$50,392Securities
$2,232Federal funds sold & reverse repurchase agreements
$72,384Net loans & leases
$983Loan loss allowance
$0Trading account assets
$1,162Bank premises and fixed assets
$58Other real estate owned
$520Goodwill and other intangibles
$138,047Life insurance assets
$1,676All other assets
$125,420Total liabilities and capital
$116,492Total liabilities
$93,461Total deposits
$116,492Interest-bearing deposits
$79Deposits held in domestic offices
6690.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,300Trading liabilities
$0Other borrowed funds
$938Subordinated debt
$12,627All other liabilities
$12,627Total equity capital
$12,627Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$3,680Surplus
$8,887Undivided profits
Memoranda
$0Noncurrent loans and leases
$86Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$777Income earned, not collected on loans
$0Earning assets
$985Long-term assets (5+ years)
$129,743Average Assets, year-to-date
$34,604Average Assets, quarterly
$128,805Volatile liabilities
$133,309Insider loans
$83,314FHLB advances
$134,510Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,638Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$30,485Restructured Loans and leases
$9,595Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,282Total interest income
$1,274Total interest expense
$4,008Net interest income
$42Provision for loan and lease losses
$1,554Total noninterest income
$12Fiduciary activities
$304Service charges on deposit accounts
$0Trading account gains & fees
$1,238Additional noninterest income
$3,601Total noninterest expense
$2,118Salaries and employee benefits
$374Premises and equipment expense
$1,109Additional noninterest expense
$1,919Pre-tax net operating income
$93Securities gains (losses)
$101Applicable income taxes
$1,911Income before extraordinary items
$0Extraordinary gains - net
$1,911Net income attributable to bank
$0Net charge-offs
$1,911Cash dividends
$210Sale, conversion, retirement of capital stock, net
$967Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.30%Yield on earning assets
1.04%Cost of funding earning assets
3.26%Net interest margin
1.27%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
1.42%Net operating income to assets
1.48%Return on assets (ROA)
1.56%Pretax return on assets
16.80%Return on equity (ROE)
8.30%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
20.00%Credit loss provision to net charge-offs
9.34%Efficiency ratio
63,610Assets per employee
4.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.60%Loss allowance to loans
1.34%Loss allowance to noncurrent loans
126.51%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
1.06%Net loans and leases to deposits
62.14%Net loans and leases to core deposits
69.77%Equity capital to assets
9.15%Core capital (leverage) ratio
7.91%Tier 1 risk-based capital ratio
12.77%Total risk-based capital ratio
Memoranda
$14Average assets
$128,805Average earning assets
$11,375Average equity
$122,760Average 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
$1,661Managed Assets
1Number of Accounts
$1,424Personal trust and agency accounts
$1,424Employee 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
46Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$237Other retirement accounts
$237Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	183	Community State Bank	1812 Highway Boulevard, Spencer, IA 51301	January 01, 1914	Full Service Brick and Mortar
1	10731	Webb Branch	115 Main Street, Webb, IA 51366	January 01, 1900	Full Service Brick and Mortar
2	181379	Albert City Branch	208 Main Street, Albert City, IA 50510	November 24, 1997	Full Service Brick and Mortar
3	12067	Marathon Branch	118 Agora Street, Marathon, IA 50565	October 08, 1917	Full Service Brick and Mortar

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

Community State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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

Community State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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