Denver Savings Bank in Denver, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Denver Savings Bank - Overview

  • General
  • FDIC Certificate #: 12857
    Status: Active
    Federal Reserve ID: 220844
    Bank Holding Company (Regulatory Top Holder): Psb Corporation (RSSDID: 1210468, Location: Wellsburg, IA)
    Date Established: January 01, 1902
    WWW: http://www.bankdsb.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 13743
    FDIC's unique #: 8138
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    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: 121 South State Street, Denver, IA 50622
    County: Bremer
    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
    Core Based Statistical Area (CBSA): Waterloo-Cedar Falls, IA (#47940)
    CBSA Metro Statistical Area: Waterloo-Cedar Falls, IA (#47940)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $124.5 mil
    Equity capital: $12.0 mil
    Deposits held in domestic offices: $101.4 mil
    Return on assets (ROA): 1.07% ($1.3 mil)
    Quarterly return on assets: 1.05% ($1.3 mil)
    Return on Equity (ROE): 11.46% ($1.4 mil)
    Quarterly return on equity: 10.79% ($1.3 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.34% ($1,668.1 mil)
    Quarterly Pretax return on assets: 1.31% ($1,630.7 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
  • 20Total employees (full-time equivalent)
  • $124,483Total assets
  • $486Cash and due from depository institutions
  • $0Interest-bearing balances
  • $69,934Securities
  • $691Federal funds sold & reverse repurchase agreements
  • $46,327Net loans & leases
  • $338Loan loss allowance
  • $0Trading account assets
  • $1,355Bank premises and fixed assets
  • $319Other real estate owned
  • $1,312Goodwill and other intangibles
  • $124,483Life insurance assets
  • $4,059All other assets
  • $112,453Total liabilities and capital
  • $101,384Total liabilities
  • $93,552Total deposits
  • $101,384Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 323.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,450Trading liabilities
  • $0Other borrowed funds
  • $1,296Subordinated debt
  • $12,030All other liabilities
  • $12,030Total equity capital
  • $12,030Total bank equity capital
  • $0Perpetual preferred stock
  • $335Common stock
  • $4,161Surplus
  • $7,534Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $361Income earned, not collected on loans
  • $0Earning assets
  • $993Long-term assets (5+ years)
  • $116,952Average Assets, year-to-date
  • $74,164Average Assets, quarterly
  • $114,445Volatile liabilities
  • $122,334Insider loans
  • $60,520FHLB advances
  • $121,727Loans and leases held for sale
  • $1,862Unused loan commitments
  • $1,862Tier 1 (core) risk-based capital
  • $9,409Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,159Restructured Loans and leases
  • $374Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,979Total interest income
  • $1,825Total interest expense
  • $3,154Net interest income
  • $293Provision for loan and lease losses
  • $312Total noninterest income
  • $50Fiduciary activities
  • $115Service charges on deposit accounts
  • $0Trading account gains & fees
  • $147Additional noninterest income
  • $2,041Total noninterest expense
  • $1,267Salaries and employee benefits
  • $166Premises and equipment expense
  • $608Additional noninterest expense
  • $1,132Pre-tax net operating income
  • $406Securities gains (losses)
  • $314Applicable income taxes
  • $1,224Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,224Net income attributable to bank
  • $0Net charge-offs
  • $1,224Cash dividends
  • $202Sale, conversion, retirement of capital stock, net
  • $149Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.67%Yield on earning assets
  • 1.71%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 1.92%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 11.46%Return on equity (ROE)
  • 10.06%Retained earnings to average equity (YTD only)
  • 0.47%Net charge-offs to loans
  • 145.05%Credit loss provision to net charge-offs
  • 7.05%Efficiency ratio
  • 58,886Assets per employee
  • 6.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.17%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 93.63%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 45.69%Net loans and leases to core deposits
  • 56.60%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 7.73%Tier 1 risk-based capital ratio
  • 15.55%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $114,445Average earning assets
  • $10,681Average equity
  • $106,547Average 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
  • $5,089Managed Assets
  • 1Number of Accounts
  • $4,986Personal trust and agency accounts
  • $4,986Employee 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
  • 24Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $103Other retirement accounts
  • $103Corporate 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
    08138Denver Savings Bank121 South State Street, Denver, IA 50622January 01, 1902Full Service Brick and Mortar

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