Davenport Bank and Trust Company, National Association in Davenport, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 23, 1993

  • Davenport Bank and Trust Company, National Association in Davenport, Iowa (IA)
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Davenport Bank and Trust Company, National Association - Overview

  • General
  • FDIC Certificate #: 16823
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Iowa, National Association (#4448)
    Federal Reserve ID: 839143
    Date Established: August 27, 1949
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 10927
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: August 27, 1949
    Last Structure Change Effective Date: July 23, 1993
    Last Structure Change Process Date: August 13, 1993
    Last Data Update: August 13, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 203 West Third Street, Davenport, IA 52801
    County: Scott
    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
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • Financial Summary
  • Total assets: $1,399.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $360Total assets
  • $1,410,406Cash and due from depository institutions
  • $62,045Interest-bearing balances
  • $0Securities
  • $970,282Federal funds sold & reverse repurchase agreements
  • $6,000Net loans & leases
  • $320,541Loan loss allowance
  • $14,047Trading account assets
  • $0Bank premises and fixed assets
  • $11,903Other real estate owned
  • $579Goodwill and other intangibles
  • $39,056Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $1,410,406Total liabilities
  • $1,324,791Total deposits
  • $985,262Interest-bearing deposits
  • $835,354Deposits held in domestic offices
  • 985262.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $313,970Trading liabilities
  • $0Other borrowed funds
  • $326Subordinated debt
  • $0All other liabilities
  • $25,233Total equity capital
  • $25,233Total bank equity capital
  • $85,615Perpetual preferred stock
  • $0Common stock
  • $1,800Surplus
  • $40,700Undivided profits
  • Memoranda
  • $43,115Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,811Income earned, not collected on loans
  • $2,300Earning assets
  • $1,296,823Long-term assets (5+ years)
  • $746,355Average Assets, year-to-date
  • $1,627,681Average Assets, quarterly
  • $1,483,530Volatile liabilities
  • $393,814Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $90,737Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $85,615Total risk weighted assets
  • $590,700Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $135,267Total interest expense
  • $57,233Net interest income
  • $78,034Provision for loan and lease losses
  • $12,372Total noninterest income
  • $11,677Fiduciary activities
  • $2,321Service charges on deposit accounts
  • $2,679Trading account gains & fees
  • $0Additional noninterest income
  • $6,677Total noninterest expense
  • $51,609Salaries and employee benefits
  • $12,568Premises and equipment expense
  • $5,674Additional noninterest expense
  • $33,367Pre-tax net operating income
  • $25,730Securities gains (losses)
  • $20,419Applicable income taxes
  • $12,085Income before extraordinary items
  • $34,064Extraordinary gains - net
  • -$1,354Net income attributable to bank
  • $32,710Net charge-offs
  • $5,925Cash dividends
  • $197,246Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.95%Cost of funding earning assets
  • 3.79%Net interest margin
  • 5.16%Noninterest income to earning assets
  • 0.77%Noninterest expense to earning assets
  • 3.41%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 2.75%Return on equity (ROE)
  • 21.10%Retained earnings to average equity (YTD only)
  • -106.15%Net charge-offs to loans
  • 1.62%Credit loss provision to net charge-offs
  • 208.81%Efficiency ratio
  • 57,528Assets per employee
  • 3.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 603.01%Loss allowance to loans
  • 4.20%Loss allowance to noncurrent loans
  • 179.84%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 2.33%Net loans and leases to deposits
  • 32.53%Net loans and leases to core deposits
  • 35.40%Equity capital to assets
  • 6.07%Core capital (leverage) ratio
  • 6.02%Tier 1 risk-based capital ratio
  • 14.49%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,627,681Average earning assets
  • $155,002Average equity
  • $1,511,960Average loans

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