FDIC Certificate #: 4481 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Luana Savings Bank (#253) Federal Reserve ID: 232744 Date Established: January 01, 1869 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 14363 FDIC's unique #: 2961 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 16, 2008 Last Structure Change Process Date: September 10, 2008 Last Data Update: September 10, 2008 Data Source Date: April 05, 2012
Location
Address: 22 West Main Street, New Hampton, IA 50659 County: Chickasaw 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
Financial Summary
Total assets: $44.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
18Total employees (full-time equivalent)
$45,713Total assets
$1,331Cash and due from depository institutions
$34Interest-bearing balances
$6,378Securities
$3,626Federal funds sold & reverse repurchase agreements
$31,360Net loans & leases
$381Loan loss allowance
$0Trading account assets
$1,838Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$607Life insurance assets
$1,180All other assets
$45,713Total liabilities and capital
$40,819Total liabilities
$40,553Total deposits
$34,798Interest-bearing deposits
$40,553Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$266All other liabilities
$4,894Total equity capital
$4,894Total bank equity capital
$4,894Perpetual preferred stock
$0Common stock
$75Surplus
$1,425Undivided profits
Memoranda
$3,394Noncurrent loans and leases
$4,221Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$218Earning assets
$186Long-term assets (5+ years)
$324Average Assets, year-to-date
$41,398Average Assets, quarterly
$4,926Volatile liabilities
$46,909Insider loans
$45,555FHLB advances
$3,044Loans and leases held for sale
$860Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,221Total unused commitments
$0Restructured Loans and leases
$381Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$2,802Total interest income
$1,409Total interest expense
$1,393Net interest income
$0Provision for loan and lease losses
$223Total noninterest income
$0Fiduciary activities
$152Service charges on deposit accounts
$0Trading account gains & fees
$71Additional noninterest income
$1,495Total noninterest expense
$864Salaries and employee benefits
$383Premises and equipment expense
$248Additional noninterest expense
$121Pre-tax net operating income
-$5Securities gains (losses)
$6Applicable income taxes
$110Income before extraordinary items
$0Extraordinary gains - net
$110Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$27Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.61%Yield on earning assets
3.32%Cost of funding earning assets
3.29%Net interest margin
0.53%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
0.24%Net operating income to assets
0.23%Return on assets (ROA)
0.25%Pretax return on assets
2.33%Return on equity (ROE)
2.33%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
4.48%Efficiency ratio
92,512Assets per employee
2.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
174.77%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.69%Net loans and leases to deposits
77.33%Net loans and leases to core deposits
83.61%Equity capital to assets
10.71%Core capital (leverage) ratio
10.69%Tier 1 risk-based capital ratio
14.96%Total risk-based capital ratio
Memoranda
$16Average assets
$46,909Average earning assets
$4,718Average equity
$42,400Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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