Earlham Savings Bank in West Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Earlham Savings Bank in West Des Moines, Iowa (IA)
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Earlham Savings Bank - Overview

  • General
  • FDIC Certificate #: 5796
    Status: Active
    Federal Reserve ID: 645540
    Date Established: January 01, 1931
    WWW: http://www.earlhambank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12474
    FDIC's unique #: 3957
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 04, 2009
    Last Structure Change Process Date: April 24, 2009
    Last Data Update: April 24, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 7300 Lake Drive, West Des Moines, IA 50266
    County: Dallas
    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
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $268.3 mil
    Equity capital: $31.1 mil
    Deposits held in domestic offices: $229.9 mil
    Return on assets (ROA): 0.44% ($1.2 mil)
    Quarterly return on assets: 0.15% ($0.4 mil)
    Return on Equity (ROE): 3.76% ($1.2 mil)
    Quarterly return on equity: 1.32% ($0.4 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.56% ($1,502.2 mil)
    Quarterly Pretax return on assets: 0.11% ($295.1 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
  • 69Total employees (full-time equivalent)
  • $268,250Total assets
  • $11,375Cash and due from depository institutions
  • $636Interest-bearing balances
  • $75,212Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $172,691Net loans & leases
  • $2,416Loan loss allowance
  • $0Trading account assets
  • $4,466Bank premises and fixed assets
  • $876Other real estate owned
  • $51Goodwill and other intangibles
  • $268,250Life insurance assets
  • $3,579All other assets
  • $237,192Total liabilities and capital
  • $229,894Total liabilities
  • $197,220Total deposits
  • $229,894Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 6666.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $632Subordinated debt
  • $31,058All other liabilities
  • $31,058Total equity capital
  • $31,058Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $1,900Surplus
  • $28,558Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,230Income earned, not collected on loans
  • $0Earning assets
  • $1,724Long-term assets (5+ years)
  • $248,539Average Assets, year-to-date
  • $4,308Average Assets, quarterly
  • $259,091Volatile liabilities
  • $266,879Insider loans
  • $184,181FHLB advances
  • $261,805Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $30,632Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,209Restructured Loans and leases
  • $219Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,405Total interest income
  • $2,200Total interest expense
  • $8,205Net interest income
  • $900Provision for loan and lease losses
  • $1,151Total noninterest income
  • $8Fiduciary activities
  • $554Service charges on deposit accounts
  • $0Trading account gains & fees
  • $589Additional noninterest income
  • $7,384Total noninterest expense
  • $3,628Salaries and employee benefits
  • $2,083Premises and equipment expense
  • $1,673Additional noninterest expense
  • $1,072Pre-tax net operating income
  • $379Securities gains (losses)
  • $308Applicable income taxes
  • $1,143Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,143Net income attributable to bank
  • $0Net charge-offs
  • $1,143Cash dividends
  • $327Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.29%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 3.76%Return on equity (ROE)
  • 3.76%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 275.23%Credit loss provision to net charge-offs
  • 6.03%Efficiency ratio
  • 77,298Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 196.42%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 75.12%Net loans and leases to core deposits
  • 77.02%Equity capital to assets
  • 11.58%Core capital (leverage) ratio
  • 11.70%Tier 1 risk-based capital ratio
  • 16.63%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $259,091Average earning assets
  • $30,384Average equity
  • $242,634Average 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
  • $1,977Managed Assets
  • 1Number of Accounts
  • $1,886Personal trust and agency accounts
  • $1,886Employee 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
  • 19Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $91Other retirement accounts
  • $91Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03957Earlham Savings Bank7300 Lake Drive, West Des Moines, IA 50266January 01, 1931Full Service Brick and Mortar
    1208190De Soto BranchGuthrie Street, De Soto, IA 50069December 21, 1973Full Service Brick and Mortar
    3208191Earlham Branch130 North Chestnut Street, Earlham, IA 50072April 05, 1993Full Service Brick and Mortar
    4358772Des Moines Branch604 Locust Street, Suite 200, Des Moines, IA 50309October 12, 2000Full Service Brick and Mortar
    5203772Des Moines Branch3401 S.W. 9th Street, Des Moines, IA 50315October 14, 1996Full Service Brick and Mortar
    6514537Woodward Branch217 South Main Street, Woodward, IA 50276December 01, 2010Full Service Brick and Mortar
    7521589Van Meter Branch475 Mill Street, Van Meter, IA 50261Febuary 01, 2011Full Service Brick and Mortar

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