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


Corydon State Bank - Overview

  • General
  • FDIC Certificate #: 13616
    Status: Active
    Federal Reserve ID: 837046
    Bank Holding Company (Regulatory Top Holder): Dentel Bancorporation (RSSDID: 1133615, Location: Victor, IA)
    Date Established: January 01, 1926
    WWW: http://www.dpscsoftware.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 #: 8515
    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 13, 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: 201 W. Jackson St., Corydon, IA 50060
    County: Wayne
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $81.9 mil
    Equity capital: $12.3 mil
    Deposits held in domestic offices: $69.4 mil
    Return on assets (ROA): 3.09% ($2.5 mil)
    Quarterly return on assets: 1.38% ($1.1 mil)
    Return on Equity (ROE): 20.70% ($2.5 mil)
    Quarterly return on equity: 9.04% ($1.1 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 3.29% ($2,694.2 mil)
    Quarterly Pretax return on assets: 1.55% ($1,269.3 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
  • 11Total employees (full-time equivalent)
  • $81,891Total assets
  • $4,469Cash and due from depository institutions
  • $52Interest-bearing balances
  • $12,434Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $60,971Net loans & leases
  • $782Loan loss allowance
  • $0Trading account assets
  • $319Bank premises and fixed assets
  • $40Other real estate owned
  • $452Goodwill and other intangibles
  • $81,891Life insurance assets
  • $1,206All other assets
  • $69,623Total liabilities and capital
  • $69,358Total liabilities
  • $59,440Total deposits
  • $69,358Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $265Subordinated debt
  • $12,268All other liabilities
  • $12,268Total equity capital
  • $12,268Total bank equity capital
  • $0Perpetual preferred stock
  • $125Common stock
  • $2,124Surplus
  • $10,019Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,539Income earned, not collected on loans
  • $0Earning assets
  • $976Long-term assets (5+ years)
  • $75,457Average Assets, year-to-date
  • $20,119Average Assets, quarterly
  • $75,910Volatile liabilities
  • $79,484Insider loans
  • $61,787FHLB advances
  • $81,596Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,298Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,997Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,410Total interest income
  • $675Total interest expense
  • $3,735Net interest income
  • $552Provision for loan and lease losses
  • $247Total noninterest income
  • $1Fiduciary activities
  • $102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $144Additional noninterest income
  • $929Total noninterest expense
  • $510Salaries and employee benefits
  • $64Premises and equipment expense
  • $355Additional noninterest expense
  • $2,501Pre-tax net operating income
  • $0Securities gains (losses)
  • $156Applicable income taxes
  • $2,345Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,345Net income attributable to bank
  • $0Net charge-offs
  • $2,345Cash dividends
  • $283Sale, conversion, retirement of capital stock, net
  • $1,050Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.12%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 5.18%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 1.29%Noninterest expense to earning assets
  • 3.09%Net operating income to assets
  • 3.09%Return on assets (ROA)
  • 3.29%Pretax return on assets
  • 20.70%Return on equity (ROE)
  • 11.43%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 195.05%Credit loss provision to net charge-offs
  • 10.79%Efficiency ratio
  • 23,330Assets per employee
  • 7.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.78%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 50.81%Noncurrent assets plus other real estate owned to assets
  • 1.93%Noncurrent loans to loans
  • 2.49%Net loans and leases to deposits
  • 87.91%Net loans and leases to core deposits
  • 108.88%Equity capital to assets
  • 14.98%Core capital (leverage) ratio
  • 13.85%Tier 1 risk-based capital ratio
  • 18.29%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $75,910Average earning assets
  • $11,326Average equity
  • $72,102Average 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
  • $1,447Managed Assets
  • 1Number of Accounts
  • $1,447Personal trust and agency accounts
  • $1,447Employee 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
  • 4Number 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
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08515Corydon State Bank201 W. Jackson St., Corydon, IA 50060January 01, 1926Full Service Brick and Mortar

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