Fort Madison Bank & Trust Co. in Fort Madison, Iowa (IA), IL
Overview, Financial Summary, Detailed Financial Reports, Branches


Fort Madison Bank & Trust Co. - Overview

  • General
  • FDIC 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
    WWW: http://www.fortmadisonbank.com
    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
  • Location
  • Address: 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 Changes
  • Office Purchased
  • Financial Summary
  • Total 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
  • 53Total employees (full-time equivalent)
  • $143,112Total assets
  • $16,783Cash and due from depository institutions
  • $7,659Interest-bearing balances
  • $28,787Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $89,016Net loans & leases
  • $1,012Loan loss allowance
  • $0Trading account assets
  • $4,303Bank premises and fixed assets
  • $487Other real estate owned
  • $1,512Goodwill and other intangibles
  • $143,112Life insurance assets
  • $2,224All other assets
  • $128,949Total liabilities and capital
  • $118,040Total liabilities
  • $97,560Total deposits
  • $118,040Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,438Trading liabilities
  • $0Other borrowed funds
  • $471Subordinated debt
  • $14,163All other liabilities
  • $14,163Total equity capital
  • $14,163Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $7,586Surplus
  • $6,327Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $204Income earned, not collected on loans
  • $0Earning assets
  • $533Long-term assets (5+ years)
  • $125,462Average Assets, year-to-date
  • $53,161Average Assets, quarterly
  • $143,236Volatile liabilities
  • $142,608Insider loans
  • $92,263FHLB advances
  • $142,536Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,203Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,758Restructured Loans and leases
  • $3,212Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,243Total interest income
  • $1,572Total interest expense
  • $4,671Net interest income
  • $40Provision for loan and lease losses
  • $1,678Total noninterest income
  • $122Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,057Additional noninterest income
  • $4,764Total noninterest expense
  • $2,612Salaries and employee benefits
  • $723Premises and equipment expense
  • $1,429Additional noninterest expense
  • $1,545Pre-tax net operating income
  • $49Securities gains (losses)
  • $80Applicable income taxes
  • $1,514Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,514Net income attributable to bank
  • $0Net charge-offs
  • $1,514Cash dividends
  • -$13Sale, conversion, retirement of capital stock, net
  • $1,297Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 3.67%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 3.74%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 10.91%Return on equity (ROE)
  • 1.56%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -307.69%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,122Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 85.67%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 496.08%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 75.41%Net loans and leases to core deposits
  • 78.02%Equity capital to assets
  • 9.90%Core capital (leverage) ratio
  • 8.56%Tier 1 risk-based capital ratio
  • 13.23%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $143,236Average earning assets
  • $13,877Average equity
  • $127,383Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $14,504Managed Assets
  • 1Number of Accounts
  • $13,402Personal trust and agency accounts
  • $10,959Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $915Other fiduciary accounts
  • $1,528Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 58Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,102Other retirement accounts
  • $0Corporate trust and agency accounts
  • $614Other fiduciary accounts
  • $486Fiduciary accounts held in foreign offices

List of branches

  • 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
  • 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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