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


Exchange State Bank - Overview

  • General
  • FDIC Certificate #: 10132
    Status: Active
    Federal Reserve ID: 805045
    Bank Holding Company (Regulatory Top Holder): Mid America Banks, Inc. (RSSDID: 1247905, Location: Collins, IA)
    Date Established: January 01, 1902
    WWW: http://www.esb1.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9819
    FDIC's unique #: 6484
    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 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: 104 Main Street, Collins, IA 50055
    County: Story
    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
    Combined Statistical Area (CSA): Ames-Boone, IA (#112)
    Core Based Statistical Area (CBSA): Ames, IA (#11180)
    CBSA Metro Statistical Area: Ames, IA (#11180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $97.7 mil
    Equity capital: $9.2 mil
    Deposits held in domestic offices: $75.3 mil
    Return on assets (ROA): 1.02% ($1.0 mil)
    Quarterly return on assets: 1.01% ($1.0 mil)
    Return on Equity (ROE): 10.80% ($1.0 mil)
    Quarterly return on equity: 10.45% ($0.9 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.08% ($1,055.2 mil)
    Quarterly Pretax return on assets: 1.06% ($1,035.7 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
  • 18Total employees (full-time equivalent)
  • $97,705Total assets
  • $2,143Cash and due from depository institutions
  • $282Interest-bearing balances
  • $15,301Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,870Net loans & leases
  • $818Loan loss allowance
  • $0Trading account assets
  • $350Bank premises and fixed assets
  • $1,087Other real estate owned
  • $0Goodwill and other intangibles
  • $97,705Life insurance assets
  • $1,954All other assets
  • $88,458Total liabilities and capital
  • $75,273Total liabilities
  • $65,342Total deposits
  • $75,273Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,000Trading liabilities
  • $0Other borrowed funds
  • $185Subordinated debt
  • $9,247All other liabilities
  • $9,247Total equity capital
  • $9,247Total bank equity capital
  • $0Perpetual preferred stock
  • $170Common stock
  • $4,930Surplus
  • $4,147Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $42Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $360Income earned, not collected on loans
  • $0Earning assets
  • $785Long-term assets (5+ years)
  • $92,453Average Assets, year-to-date
  • $6,481Average Assets, quarterly
  • $93,268Volatile liabilities
  • $95,083Insider loans
  • $74,969FHLB advances
  • $95,012Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,046Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,172Restructured Loans and leases
  • $2,243Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,384Total interest income
  • $943Total interest expense
  • $3,441Net interest income
  • $340Provision for loan and lease losses
  • $216Total noninterest income
  • $1Fiduciary activities
  • $62Service charges on deposit accounts
  • $0Trading account gains & fees
  • $153Additional noninterest income
  • $2,313Total noninterest expense
  • $1,600Salaries and employee benefits
  • $321Premises and equipment expense
  • $392Additional noninterest expense
  • $1,004Pre-tax net operating income
  • $0Securities gains (losses)
  • $50Applicable income taxes
  • $954Income before extraordinary items
  • $0Extraordinary gains - net
  • $954Net income attributable to bank
  • $0Net charge-offs
  • $954Cash dividends
  • $338Sale, conversion, retirement of capital stock, net
  • $345Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 3.90%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 10.80%Return on equity (ROE)
  • 6.89%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 100.59%Credit loss provision to net charge-offs
  • 3.98%Efficiency ratio
  • 63,249Assets per employee
  • 5.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.16%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 227.22%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 0.46%Net loans and leases to deposits
  • 102.12%Net loans and leases to core deposits
  • 121.07%Equity capital to assets
  • 9.46%Core capital (leverage) ratio
  • 9.52%Tier 1 risk-based capital ratio
  • 12.07%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $93,268Average earning assets
  • $8,837Average equity
  • $88,194Average 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
  • $342Managed Assets
  • 1Number of Accounts
  • $81Personal trust and agency accounts
  • $81Employee 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
  • 53Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $261Other retirement accounts
  • $261Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06484Exchange State Bank104 Main Street, Collins, IA 50055January 01, 1902Full Service Brick and Mortar
    28610Exira Exchange Branch207 East Washington, Exira, IA 50076September 23, 1918Full Service Brick and Mortar
    3366030Ames Branch823 Wheeler, Suite 32, Ames, IA 50010November 01, 2002Full Service Brick and Mortar

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