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

This bank is inactive as of May 27, 1999

  • Firstar Bank Iowa, National Association in Des Moines, Iowa (IA)
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Firstar Bank Iowa, National Association - Overview

  • General
  • FDIC Certificate #: 10895
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 636548
    Date Established: January 09, 1872
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 51 (Interstate: No)
    OTS Docket #: 12378
    FDIC's unique #: 6975
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 27, 1999
    Last Structure Change Process Date: June 18, 1999
    Last Data Update: June 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 520 Walnut Street, Des Moines, IA 50304
    County: Polk
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Chicago
    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)
  • Financial Summary
  • Total assets: $2,876.0 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 646Total employees (full-time equivalent)
  • $3,012,940Total assets
  • $148,281Cash and due from depository institutions
  • $316Interest-bearing balances
  • $612,236Securities
  • $443,532Federal funds sold & reverse repurchase agreements
  • $1,641,643Net loans & leases
  • $23,374Loan loss allowance
  • $0Trading account assets
  • $64,551Bank premises and fixed assets
  • $669Other real estate owned
  • $21,342Goodwill and other intangibles
  • $0Life insurance assets
  • $80,686All other assets
  • $3,012,940Total liabilities and capital
  • $2,797,654Total liabilities
  • $2,347,310Total deposits
  • $2,143,994Interest-bearing deposits
  • $2,347,310Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $226,231Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $152,599Other borrowed funds
  • $17,000Subordinated debt
  • $54,514All other liabilities
  • $215,286Total equity capital
  • $215,286Total bank equity capital
  • $215,286Perpetual preferred stock
  • $0Common stock
  • $54,600Surplus
  • $66,232Undivided profits
  • Memoranda
  • $94,454Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $20,327Earning assets
  • $942Long-term assets (5+ years)
  • $14,861Average Assets, year-to-date
  • $2,697,727Average Assets, quarterly
  • $437,146Volatile liabilities
  • $2,957,972Insider loans
  • $2,955,361FHLB advances
  • $338,625Loans and leases held for sale
  • $42,258Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $732,001Total unused commitments
  • $0Restructured Loans and leases
  • $2,114,488Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $195,449Total interest income
  • $105,013Total interest expense
  • $90,436Net interest income
  • $4,050Provision for loan and lease losses
  • $35,794Total noninterest income
  • $13,512Fiduciary activities
  • $12,118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10,164Additional noninterest income
  • $88,066Total noninterest expense
  • $27,380Salaries and employee benefits
  • $12,869Premises and equipment expense
  • $47,817Additional noninterest expense
  • $34,114Pre-tax net operating income
  • -$31Securities gains (losses)
  • $8,079Applicable income taxes
  • $26,004Income before extraordinary items
  • $0Extraordinary gains - net
  • $26,004Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $10,188Sale, conversion, retirement of capital stock, net
  • $68,000Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.34%Yield on earning assets
  • 3.94%Cost of funding earning assets
  • 3.39%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 3.31%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.95%Return on equity (ROE)
  • -17.68%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • 39.75%Credit loss provision to net charge-offs
  • 3.75%Efficiency ratio
  • 67,981Assets per employee
  • 4.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 261.50%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 114.99%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 1.22%Net loans and leases to deposits
  • 69.94%Net loans and leases to core deposits
  • 73.45%Equity capital to assets
  • 7.15%Core capital (leverage) ratio
  • 6.23%Tier 1 risk-based capital ratio
  • 8.59%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,957,972Average earning assets
  • $237,522Average equity
  • $2,664,421Average loans

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