Fort Madison Bank & Trust Co. in Fort Madison, Iowa (IA), IL

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Fort Madison Bank & Trust Co. routing number info

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Fort Madison Bank & Trust Co.
GeneralFDIC Certificate #: 955
Status: Active
Federal Reserve ID: 624246
Bank Holding Company (Regulatory Top Holder): Fort Madison Financial Company (RSSDID: 1357037, Location: Fort Madison, IA)
Date Established: July 01, 1854
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Domestic: 5, Interstate: Yes)
FDIC's unique #: 623
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 01, 2010
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
LocationAddress: Avenue G And Seventh Street, Fort Madison, IA 52627
County: Lee
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
Core Based Statistical Area (CBSA): Fort Madison-Keokuk, IA-MO (#22800)
CBSA Micro Statistical Area: Yes
History of ChangesOffice Purchased
Financial SummaryTotal assets: $143.1 mil
Equity capital: $14.2 mil
Deposits held in domestic offices: $118.0 mil
Return on assets (ROA): 1.06% ($1.5 mil)
Quarterly return on assets: 0.90% ($1.3 mil)
Return on Equity (ROE): 10.91% ($1.5 mil)
Quarterly return on equity: 9.14% ($1.3 mil)
Net income: $1.5 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.11% ($1,588.5 mil)
Quarterly Pretax return on assets: 0.95% ($1,359.6 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)
Total employees (full-time equivalent)53
Total assets$143,112
Cash and due from depository institutions$16,783
Interest-bearing balances$7,659
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$89,016
Loan loss allowance $1,012
Trading account assets$0
Bank premises and fixed assets$4,303
Other real estate owned$487
Goodwill and other intangibles$1,512
All other assets$2,224
Life insurance assets$143,112
Total liabilities and capital$128,949
Total liabilities$118,040
Total deposits$97,560
Interest-bearing deposits$118,040
Deposits held in domestic offices$87
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$10,438
Other borrowed funds $0
Subordinated debt $471
All other liabilities $14,163
Total equity capital$14,163
Total bank equity capital$14,163
Perpetual preferred stock$0
Common stock$250
Undivided profits $6,327
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $204
Earning assets $0
Long-term assets (5+ years) $533
Average Assets, year-to-date $125,462
Average Assets, quarterly $53,161
Volatile liabilities $143,236
Insider loans $142,608
FHLB advances $92,263
Loans and leases held for sale $142,536
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $12,203
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,758
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $6,243
Total interest expense $1,572
Net interest income $4,671
Provision for loan and lease losses $40
Total noninterest income $1,678
Fiduciary activities $122
Service charges on deposit accounts $499
Trading account gains & fees $0
Additional noninterest income $1,057
Total noninterest expense $4,764
Salaries and employee benefits $2,612
Premises and equipment expense $723
Additional noninterest expense $1,429
Pre-tax net operating income $1,545
Securities gains (losses) $49
Applicable income taxes $80
Income before extraordinary items $1,514
Extraordinary gains - net $0
Net income attributable to bank $1,514
Net charge-offs $0
Cash dividends $1,514
Sale, conversion, retirement of capital stock, net -$13
Net operating income $1,297
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.90%
Cost of funding earning assets 1.23%
Net interest margin 3.67%
Noninterest income to earning assets 1.32%
Noninterest expense to earning assets 3.74%
Net operating income to assets 1.02%
Return on assets (ROA) 1.06%
Pretax return on assets 1.11%
Return on equity (ROE) 10.91%
Retained earnings to average equity (YTD only) 1.56%
Net charge-offs to loans -0.01%
Credit loss provision to net charge-offs -307.69%
Efficiency ratio0.00%
Assets per employee$74,122
Cash dividends to net income (YTD only)2.70%
Condition Ratios (%)
Loss allowance to loans 85.67%
Loss allowance to noncurrent loans 1.12%
Noncurrent assets plus other real estate owned to assets 496.08%
Noncurrent loans to loans 0.48%
Net loans and leases to deposits0.23%
Net loans and leases to core deposits 75.41%
Equity capital to assets 78.02%
Core capital (leverage) ratio 9.90%
Tier 1 risk-based capital ratio 8.56%
Total risk-based capital ratio 13.23%
Average assets$14
Average earning assets$143,236
Average equity $13,877
Average loans $127,383
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$14,504
Number of Accounts1
Personal trust and agency accounts$13,402
Employee benefit-defined contribution accounts$10,959
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$915
Fiduciary accounts held in foreign offices$1,528
Non-managed Assets$0
Number of Accounts58
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$1,102
Corporate trust and agency accounts$0
Other fiduciary accounts$614
Fiduciary accounts held in foreign offices$486
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1 Illinois Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
312102Dallas City Branch290 Oak Street, Dallas City, IL 62330April 29, 1960Full Service Brick and Mortar
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4 Iowa Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0623Fort Madison Bank & Trust Co.Avenue G And Seventh Street, Fort Madison, IA 52627July 01, 1854Full Service Brick and Mortar
1186737River Hills BranchAvenue L And 48th Street, Fort Madison, IA 52627December 08, 1972Full Service Brick and Mortar
2186738Hyvee Branch2606 Avenue 1, Fort Madison, IA 52627October 30, 1995Full Service Retail
4419637Burlington Hyvee Branch3140 Agency St, Ste 100, Burlington, IA 52601May 20, 2003Full Service Retail
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