Firstar Bank Cedar Rapids, National Association in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 20, 1995

  • Firstar Bank Cedar Rapids, National Association in Cedar Rapids, Iowa (IA)
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Firstar Bank Cedar Rapids, National Association - Overview

  • General
  • FDIC Certificate #: 4429
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Firstar Bank Iowa, National Association (#10895)
    Federal Reserve ID: 892045
    Date Established: January 01, 1881
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 2926
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 20, 1995
    Last Structure Change Process Date: December 27, 1995
    Last Data Update: December 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 222 Second Avenue, S.E., Cedar Rapids, IA 52401
    County: Linn
    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
    Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • Financial Summary
  • Total assets: $807.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $280Total assets
  • $779,839Cash and due from depository institutions
  • $64,208Interest-bearing balances
  • $0Securities
  • $79,836Federal funds sold & reverse repurchase agreements
  • $7,575Net loans & leases
  • $596,769Loan loss allowance
  • $9,070Trading account assets
  • $0Bank premises and fixed assets
  • $18,578Other real estate owned
  • $539Goodwill and other intangibles
  • $12,334Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $779,839Total liabilities
  • $717,949Total deposits
  • $628,231Interest-bearing deposits
  • $464,076Deposits held in domestic offices
  • 628231.00%% insured (estimated)
  • $71Federal funds purchased & repurchase agreements
  • $74,045Trading liabilities
  • $0Other borrowed funds
  • $6,401Subordinated debt
  • $0All other liabilities
  • $9,272Total equity capital
  • $9,272Total bank equity capital
  • $61,890Perpetual preferred stock
  • $0Common stock
  • $2,200Surplus
  • $10,800Undivided profits
  • Memoranda
  • $48,890Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,879Income earned, not collected on loans
  • $4,967Earning assets
  • $684,180Long-term assets (5+ years)
  • $55,864Average Assets, year-to-date
  • $767,495Average Assets, quarterly
  • $777,045Volatile liabilities
  • $150,731Insider loans
  • $64,726FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $297,780Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $61,890Total risk weighted assets
  • $610,287Total unused commitments
  • $0Restructured Loans and leases
  • $115,062Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $53,689Total interest expense
  • $19,616Net interest income
  • $34,073Provision for loan and lease losses
  • $2,004Total noninterest income
  • $12,032Fiduciary activities
  • $3,850Service charges on deposit accounts
  • $3,843Trading account gains & fees
  • $0Additional noninterest income
  • $4,339Total noninterest expense
  • $27,937Salaries and employee benefits
  • $10,683Premises and equipment expense
  • $2,708Additional noninterest expense
  • $14,546Pre-tax net operating income
  • $16,164Securities gains (losses)
  • $39Applicable income taxes
  • $5,550Income before extraordinary items
  • $10,653Extraordinary gains - net
  • $0Net income attributable to bank
  • $10,653Net charge-offs
  • $1,908Cash dividends
  • $10,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.96%Cost of funding earning assets
  • 2.91%Net interest margin
  • 5.05%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 4.14%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 2.11%Return on equity (ROE)
  • 17.42%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • 105.03%Efficiency ratio
  • 60,594Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.87%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 315.04%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.48%Net loans and leases to deposits
  • 94.99%Net loans and leases to core deposits
  • 106.96%Equity capital to assets
  • 7.94%Core capital (leverage) ratio
  • 8.03%Tier 1 risk-based capital ratio
  • 10.14%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $767,495Average earning assets
  • $61,162Average equity
  • $674,351Average loans

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