FIDELITY BANK in West Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • FIDELITY BANK in West Des Moines, Iowa (IA)
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FIDELITY BANK - Overview

  • General
  • FDIC Certificate #: 14251
    Status: Active
    Federal Reserve ID: 193247
    Bank Holding Company (Regulatory Top Holder): Maximum Bancshares, Inc. (RSSDID: 3231382, Location: West Des Moines, IA)
    Date Established: January 01, 1927
    WWW: http://www.fidelity-bank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11001
    FDIC's unique #: 8900
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 18, 1934
    Last Structure Change Effective Date: March 20, 2009
    Last Structure Change Process Date: March 30, 2009
    Last Data Update: March 30, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 177 South Jordan Creek Parkway, 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
  • Change in Location
    Name Change
  • Financial Summary
  • Total assets: $56.0 mil
    Equity capital: $7.3 mil
    Deposits held in domestic offices: $45.1 mil
    Return on assets (ROA): 0.19% ($0.1 mil)
    Quarterly return on assets: 1.08% ($0.6 mil)
    Return on Equity (ROE): 1.37% ($0.1 mil)
    Quarterly return on equity: 8.24% ($0.6 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.19% ($106.5 mil)
    Quarterly Pretax return on assets: 1.08% ($605.3 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
  • 29Total employees (full-time equivalent)
  • $56,047Total assets
  • $1,077Cash and due from depository institutions
  • $17Interest-bearing balances
  • $274Securities
  • $5,219Federal funds sold & reverse repurchase agreements
  • $40,815Net loans & leases
  • $409Loan loss allowance
  • $0Trading account assets
  • $1,629Bank premises and fixed assets
  • $2,599Other real estate owned
  • $1,690Goodwill and other intangibles
  • $56,047Life insurance assets
  • $2,744All other assets
  • $48,778Total liabilities and capital
  • $45,149Total liabilities
  • $38,692Total deposits
  • $45,149Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,432Trading liabilities
  • $0Other borrowed funds
  • $197Subordinated debt
  • $7,269All other liabilities
  • $7,269Total equity capital
  • $7,269Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $6,989Surplus
  • $180Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,504Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $605Income earned, not collected on loans
  • $0Earning assets
  • $3Long-term assets (5+ years)
  • $46,325Average Assets, year-to-date
  • $5,466Average Assets, quarterly
  • $52,718Volatile liabilities
  • $55,007Insider loans
  • $43,477FHLB advances
  • $50,923Loans and leases held for sale
  • $1,665Unused loan commitments
  • $1,665Tier 1 (core) risk-based capital
  • $5,562Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,113Restructured Loans and leases
  • $803Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,609Total interest income
  • $496Total interest expense
  • $2,113Net interest income
  • $100Provision for loan and lease losses
  • $1,785Total noninterest income
  • $0Fiduciary activities
  • $59Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,726Additional noninterest income
  • $3,698Total noninterest expense
  • $2,012Salaries and employee benefits
  • $449Premises and equipment expense
  • $1,237Additional noninterest expense
  • $100Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $100Income before extraordinary items
  • $0Extraordinary gains - net
  • $100Net income attributable to bank
  • $0Net charge-offs
  • $100Cash dividends
  • $187Sale, conversion, retirement of capital stock, net
  • $260Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.96%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 4.82%Net interest margin
  • 4.08%Noninterest income to earning assets
  • 8.44%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.19%Pretax return on assets
  • 1.37%Return on equity (ROE)
  • -2.19%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 53.48%Credit loss provision to net charge-offs
  • 1.07%Efficiency ratio
  • 94,869Assets per employee
  • 1.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 260.00%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 67.60%Noncurrent assets plus other real estate owned to assets
  • 5.72%Noncurrent loans to loans
  • 1.47%Net loans and leases to deposits
  • 90.40%Net loans and leases to core deposits
  • 96.25%Equity capital to assets
  • 12.97%Core capital (leverage) ratio
  • 10.92%Tier 1 risk-based capital ratio
  • 12.79%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $52,718Average earning assets
  • $7,316Average equity
  • $43,795Average loans

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08900Fidelity Bank177 South Jordan Creek Parkway, West Des Moines, IA 50266January 01, 1927Full Service Brick and Mortar
    1231226Water Street Branch205 Water Street, Cambridge, IA 50046April 21, 1986Full Service Brick and Mortar
    2437037Huxley Branch102 National Drive, Huxley, IA 50124Febuary 01, 2005Full Service Brick and Mortar

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