FDIC Certificate #: 4440 Status: Active Federal Reserve ID: 805447 Bank Holding Company (Regulatory Top Holder): Dentel Bancorporation (RSSDID: 1133615, Location: Victor, IA) Date Established: January 01, 1933 WWW:http://www.fsbcolfax.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2933 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: 100 North Walnut Street, Colfax, IA 50054 County: Jasper 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): Des Moines-Newton-Pella, IA (#218) Core Based Statistical Area (CBSA): Newton, IA (#35500) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $68.3 mil Equity capital: $9.1 mil Deposits held in domestic offices: $54.4 mil Return on assets (ROA): 2.19% ($1.5 mil) Quarterly return on assets: 2.84% ($1.9 mil) Return on Equity (ROE): 16.98% ($1.5 mil) Quarterly return on equity: 21.58% ($1.9 mil) Net income: $1.5 mil Quarterly Net income: $0.5 mil Pretax return on assets: 2.30% ($1,571.8 mil) Quarterly Pretax return on assets: 2.89% ($1,974.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$68,337Total assets
$2,259Cash and due from depository institutions
$891Interest-bearing balances
$28,747Securities
$0Federal funds sold & reverse repurchase agreements
$35,289Net loans & leases
$791Loan loss allowance
$0Trading account assets
$174Bank premises and fixed assets
$471Other real estate owned
$0Goodwill and other intangibles
$68,337Life insurance assets
$1,397All other assets
$59,227Total liabilities and capital
$54,388Total liabilities
$44,921Total deposits
$54,388Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,671Trading liabilities
$0Other borrowed funds
$168Subordinated debt
$9,110All other liabilities
$9,110Total equity capital
$9,110Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,300Surplus
$7,610Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,379Income earned, not collected on loans
$0Earning assets
$932Long-term assets (5+ years)
$64,927Average Assets, year-to-date
$25,597Average Assets, quarterly
$67,272Volatile liabilities
$68,280Insider loans
$40,937FHLB advances
$69,603Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,598Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,304Restructured Loans and leases
$219Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,479Total interest income
$820Total interest expense
$2,659Net interest income
$360Provision for loan and lease losses
$141Total noninterest income
$0Fiduciary activities
$76Service charges on deposit accounts
$0Trading account gains & fees
$65Additional noninterest income
$901Total noninterest expense
$571Salaries and employee benefits
$32Premises and equipment expense
$298Additional noninterest expense
$1,539Pre-tax net operating income
$11Securities gains (losses)
$79Applicable income taxes
$1,471Income before extraordinary items
$0Extraordinary gains - net
$1,471Net income attributable to bank
$0Net charge-offs
$1,471Cash dividends
$6Sale, conversion, retirement of capital stock, net
$1,050Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.50%Yield on earning assets
1.30%Cost of funding earning assets
4.20%Net interest margin
0.22%Noninterest income to earning assets
1.42%Noninterest expense to earning assets
2.17%Net operating income to assets
2.19%Return on assets (ROA)
2.30%Pretax return on assets
16.98%Return on equity (ROE)
4.86%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
6000.00%Credit loss provision to net charge-offs
316.50%Efficiency ratio
32,179Assets per employee
6.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.38%Loss allowance to loans
2.19%Loss allowance to noncurrent loans
33.25%Noncurrent assets plus other real estate owned to assets
4.17%Noncurrent loans to loans
6.59%Net loans and leases to deposits
64.88%Net loans and leases to core deposits
69.53%Equity capital to assets
13.33%Core capital (leverage) ratio
12.35%Tier 1 risk-based capital ratio
21.00%Total risk-based capital ratio
Memoranda
$22Average assets
$67,272Average earning assets
$8,662Average equity
$63,262Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2933
First State Bank Of Colfax
100 North Walnut Street, Colfax, IA 50054
January 01, 1933
Full Service Brick and Mortar
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