Federation Bank in city_name, state_name - Detailed Financial Reports, Location

Federation Bank in Washington, Iowa (IA)
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Federation Bank routing number info

Federation Bank - Overview

General
FDIC Certificate #: 14352
Status: Active
Federal Reserve ID: 764142
Bank Holding Company (Regulatory Top Holder): C-B-g, Inc. (RSSDID: 1201448, Location: West Liberty, IA)
Date Established: November 01, 1906
WWW: http://www.federationbankia.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 8968
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: April 18, 1934
Last Structure Change Effective Date: December 14, 2010
Last Structure Change Process Date: November 01, 2011
Last Data Update: November 01, 2011
Data Source Date: April 05, 2012
Location
Address: 102 East Main Street, Washington, IA 52353
County: Washington
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): Iowa City, IA (#26980)
CBSA Metro Statistical Area: Iowa City, IA (#26980)
Financial Summary
Total assets: $111.3 mil
Equity capital: $12.0 mil
Deposits held in domestic offices: $89.5 mil
Return on assets (ROA): 0.93% ($1.0 mil)
Quarterly return on assets: 0.95% ($1.1 mil)
Return on Equity (ROE): 8.88% ($1.1 mil)
Quarterly return on equity: 8.85% ($1.1 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.31% ($1,458.1 mil)
Quarterly Pretax return on assets: 1.38% ($1,536.0 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)
$111,303Total assets
$2,722Cash and due from depository institutions
$1,063Interest-bearing balances
$31,869Securities
$3,847Federal funds sold & reverse repurchase agreements
$64,179Net loans & leases
$836Loan loss allowance
$0Trading account assets
$2,444Bank premises and fixed assets
$334Other real estate owned
$1,091Goodwill and other intangibles
$111,303Life insurance assets
$4,817All other assets
$99,350Total liabilities and capital
$89,473Total liabilities
$78,375Total deposits
$89,473Interest-bearing deposits
$89Deposits held in domestic offices
3966.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,148Trading liabilities
$0Other borrowed funds
$763Subordinated debt
$11,953All other liabilities
$11,953Total equity capital
$11,953Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$7,094Surplus
$4,659Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,093Income earned, not collected on loans
$0Earning assets
$746Long-term assets (5+ years)
$100,958Average Assets, year-to-date
$32,456Average Assets, quarterly
$108,676Volatile liabilities
$110,793Insider loans
$77,502FHLB advances
$110,707Loans and leases held for sale
$2,310Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,185Tier 2 risk-based capital
$0Total risk weighted assets
$2,310Total unused commitments
$5,899Restructured Loans and leases
$1,852Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,931Total interest income
$1,114Total interest expense
$3,817Net interest income
$129Provision for loan and lease losses
$508Total noninterest income
$0Fiduciary activities
$254Service charges on deposit accounts
$0Trading account gains & fees
$254Additional noninterest income
$2,822Total noninterest expense
$1,593Salaries and employee benefits
$353Premises and equipment expense
$876Additional noninterest expense
$1,374Pre-tax net operating income
$54Securities gains (losses)
$420Applicable income taxes
$1,008Income before extraordinary items
$0Extraordinary gains - net
$1,008Net income attributable to bank
$0Net charge-offs
$1,008Cash dividends
$186Sale, conversion, retirement of capital stock, net
$265Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.93%Yield on earning assets
1.11%Cost of funding earning assets
3.82%Net interest margin
0.51%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
0.89%Net operating income to assets
0.93%Return on assets (ROA)
1.31%Pretax return on assets
8.88%Return on equity (ROE)
6.55%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
69.35%Credit loss provision to net charge-offs
8.08%Efficiency ratio
65,249Assets per employee
3.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.29%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
76.49%Noncurrent assets plus other real estate owned to assets
1.28%Noncurrent loans to loans
1.68%Net loans and leases to deposits
71.73%Net loans and leases to core deposits
76.24%Equity capital to assets
10.74%Core capital (leverage) ratio
9.20%Tier 1 risk-based capital ratio
13.14%Total risk-based capital ratio
Memoranda
$14Average assets
$108,676Average earning assets
$11,346Average equity
$100,039Average loans

Total Fiduciary and Related Assets (December 31, 2004)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$1,389Managed Assets
1Number of Accounts
$1,389Personal trust and agency accounts
$1,389Employee 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
6Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8968	Federation Bank	102 East Main Street, Washington, IA 52353	November 01, 1906	Full Service Brick and Mortar
2	41812	Brighton Branch	112 East Washington Street, Brighton, IA 52540	June 01, 1934	Full Service Brick and Mortar
3	359776	Wellman Branch	801 6th Street, Wellman, IA 52356	December 15, 1998	Full Service Brick and Mortar
4	361744	Richland Branch	107 Richland Street, Richland, IA 52585	September 01, 2000	Full Service Brick and Mortar

Federation Bank in Washington, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Federation Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2004)

List of branches

Comment about this bank, ask questions, or add new information about it:

Federation Bank in Washington, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Federation Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2004)

List of branches

Comment about this bank, ask questions, or add new information about it:

Federation Bank in Washington, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches