Fort Des Moines Community Bank in Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 15, 2005

  • Fort Des Moines Community Bank in Des Moines, Iowa (IA)
  • Show street view No street view available for this location

Fort Des Moines Community Bank - Overview

  • General
  • FDIC Certificate #: 34931
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank (#25267)
    Federal Reserve ID: 2729846
    Date Established: January 15, 1999
    WWW: http://www.fortdmbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 62050
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 15, 1999
    Last Structure Change Effective Date: January 15, 2005
    Last Structure Change Process Date: January 25, 2005
    Last Data Update: January 25, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 612 Army Post Road, Des Moines, IA 50315
    County: Polk
    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
    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: $18.9 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, 2004)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $18,880Total assets
  • $349Cash and due from depository institutions
  • $0Interest-bearing balances
  • $3,622Securities
  • $396Federal funds sold & reverse repurchase agreements
  • $13,208Net loans & leases
  • $338Loan loss allowance
  • $0Trading account assets
  • $1,021Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $284All other assets
  • $18,880Total liabilities and capital
  • $16,782Total liabilities
  • $16,664Total deposits
  • $15,123Interest-bearing deposits
  • $16,664Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $24Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $94All other liabilities
  • $2,098Total equity capital
  • $2,098Total bank equity capital
  • $2,098Perpetual preferred stock
  • $0Common stock
  • $1,400Surplus
  • $1,600Undivided profits
  • Memoranda
  • $-902Noncurrent loans and leases
  • $794Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $438Earning assets
  • $0Long-term assets (5+ years)
  • $103Average Assets, year-to-date
  • $17,226Average Assets, quarterly
  • $63Volatile liabilities
  • $20,300Insider loans
  • $19,224FHLB advances
  • $3,007Loans and leases held for sale
  • $307Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $794Total unused commitments
  • $0Restructured Loans and leases
  • $161Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $1,059Total interest income
  • $325Total interest expense
  • $734Net interest income
  • $12Provision for loan and lease losses
  • $92Total noninterest income
  • $0Fiduciary activities
  • $59Service charges on deposit accounts
  • $0Trading account gains & fees
  • $33Additional noninterest income
  • $718Total noninterest expense
  • $305Salaries and employee benefits
  • $187Premises and equipment expense
  • $226Additional noninterest expense
  • $96Pre-tax net operating income
  • $0Securities gains (losses)
  • $36Applicable income taxes
  • $60Income before extraordinary items
  • $0Extraordinary gains - net
  • $60Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $14Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.70%Yield on earning assets
  • 1.75%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.50%Noninterest income to earning assets
  • 3.87%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 2.88%Return on equity (ROE)
  • 2.88%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 85.71%Credit loss provision to net charge-offs
  • 7.71%Efficiency ratio
  • 86,925Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.50%Loss allowance to noncurrent loans
  • 77.17%Noncurrent assets plus other real estate owned to assets
  • 2.32%Noncurrent loans to loans
  • 3.23%Net loans and leases to deposits
  • 79.26%Net loans and leases to core deposits
  • 96.54%Equity capital to assets
  • 11.11%Core capital (leverage) ratio
  • 10.31%Tier 1 risk-based capital ratio
  • 15.56%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $20,300Average earning assets
  • $2,082Average equity
  • $18,575Average loans

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