Decorah Bank & Trust Company in Decorah, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Decorah Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15200
    Status: Active
    Federal Reserve ID: 872047
    Bank Holding Company (Regulatory Top Holder): Security Agency, Inc. (RSSDID: 1201738, Location: Decorah, IA)
    Date Established: June 10, 1935
    WWW: http://www.decorahbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11743
    FDIC's unique #: 9560
    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: June 28, 1935
    Last Structure Change Effective Date: October 26, 2007
    Last Structure Change Process Date: November 20, 2007
    Last Data Update: November 20, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 East Water Street, Decorah, IA 52101
    County: Winneshiek
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $338.4 mil
    Equity capital: $42.4 mil
    Deposits held in domestic offices: $274.0 mil
    Return on assets (ROA): 1.65% ($5.6 mil)
    Quarterly return on assets: 1.09% ($3.7 mil)
    Return on Equity (ROE): 13.78% ($5.8 mil)
    Quarterly return on equity: 8.67% ($3.6 mil)
    Net income: $5.5 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.71% ($5,787.1 mil)
    Quarterly Pretax return on assets: 1.11% ($3,756.5 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
  • 79Total employees (full-time equivalent)
  • $338,424Total assets
  • $8,564Cash and due from depository institutions
  • $1,876Interest-bearing balances
  • $97,933Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $210,654Net loans & leases
  • $3,198Loan loss allowance
  • $0Trading account assets
  • $6,857Bank premises and fixed assets
  • $181Other real estate owned
  • $6,225Goodwill and other intangibles
  • $338,424Life insurance assets
  • $8,010All other assets
  • $295,984Total liabilities and capital
  • $274,047Total liabilities
  • $239,591Total deposits
  • $274,047Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 8019.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,836Trading liabilities
  • $0Other borrowed funds
  • $1,082Subordinated debt
  • $42,440All other liabilities
  • $42,440Total equity capital
  • $42,440Total bank equity capital
  • $0Perpetual preferred stock
  • $1,003Common stock
  • $14,646Surplus
  • $26,791Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $912Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,086Income earned, not collected on loans
  • $1,128Earning assets
  • $2,244Long-term assets (5+ years)
  • $310,463Average Assets, year-to-date
  • $136,060Average Assets, quarterly
  • $336,760Volatile liabilities
  • $337,110Insider loans
  • $253,949FHLB advances
  • $329,546Loans and leases held for sale
  • $2,842Unused loan commitments
  • $2,842Tier 1 (core) risk-based capital
  • $32,316Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $47,412Restructured Loans and leases
  • $1Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,046Total interest income
  • $3,654Total interest expense
  • $12,392Net interest income
  • $1,770Provision for loan and lease losses
  • $2,784Total noninterest income
  • $231Fiduciary activities
  • $628Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,925Additional noninterest income
  • $8,188Total noninterest expense
  • $4,915Salaries and employee benefits
  • $1,380Premises and equipment expense
  • $1,893Additional noninterest expense
  • $5,218Pre-tax net operating income
  • $545Securities gains (losses)
  • $223Applicable income taxes
  • $5,540Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,540Net income attributable to bank
  • $0Net charge-offs
  • $5,540Cash dividends
  • $2,539Sale, conversion, retirement of capital stock, net
  • $3,644Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 4.01%Net interest margin
  • 0.90%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.65%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 13.78%Return on equity (ROE)
  • 4.72%Retained earnings to average equity (YTD only)
  • 1.19%Net charge-offs to loans
  • 69.71%Credit loss provision to net charge-offs
  • 2.75%Efficiency ratio
  • 53,466Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.78%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 153.31%Noncurrent assets plus other real estate owned to assets
  • 0.89%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 76.87%Net loans and leases to core deposits
  • 79.66%Equity capital to assets
  • 12.54%Core capital (leverage) ratio
  • 9.81%Tier 1 risk-based capital ratio
  • 12.73%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $336,760Average earning assets
  • $40,202Average equity
  • $309,095Average 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
  • $43,233Managed Assets
  • 1Number of Accounts
  • $28,883Personal trust and agency accounts
  • $15,926Employee benefit-defined contribution accounts
  • $5,430Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,129Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,842Other fiduciary accounts
  • $1,556Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 500Number of Accounts
  • $0Personal trust and agency accounts
  • $3,129Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $14,350Other retirement accounts
  • $11,354Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,230Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09560Decorah Bank & Trust Company202 East Water Street, Decorah, IA 52101June 10, 1935Full Service Brick and Mortar
    1233344Decorah Branch1006 Division Street, Decorah, IA 52101January 15, 1990Limited Service Facility
    356982Cresco Branch126 2nd Avenue Se, Cresco, IA 52136August 19, 1996Full Service Brick and Mortar

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