Frontier Savings Bank in Council Bluffs, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Frontier Savings Bank - Overview

  • General
  • FDIC Certificate #: 35432
    Status: Active
    Federal Reserve ID: 2856939
    Bank Holding Company (Regulatory Top Holder): Glenwood Bancorporation (RSSDID: 1204421, Location: Glenwood, IA)
    Date Established: March 20, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 80030
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 20, 2000
    Last Structure Change Effective Date: Febuary 13, 2012
    Last Structure Change Process Date: Febuary 13, 2012
    Last Data Update: Febuary 13, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 940 Valley View Drive, Council Bluffs, IA 51503
    County: Pottawattamie
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Omaha
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920)
    Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
    Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
    CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
  • Financial Summary
  • Total assets: $32.5 mil
    Equity capital: $3.9 mil
    Deposits held in domestic offices: $28.5 mil
    Return on assets (ROA): 0.34% ($0.1 mil)
    Quarterly return on assets: 0.34% ($0.1 mil)
    Return on Equity (ROE): 2.84% ($0.1 mil)
    Quarterly return on equity: 2.76% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.45% ($146.5 mil)
    Quarterly Pretax return on assets: 0.52% ($169.2 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
  • 12Total employees (full-time equivalent)
  • $32,548Total assets
  • $14,854Cash and due from depository institutions
  • $12,718Interest-bearing balances
  • $1,020Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $14,874Net loans & leases
  • $201Loan loss allowance
  • $0Trading account assets
  • $807Bank premises and fixed assets
  • $604Other real estate owned
  • $0Goodwill and other intangibles
  • $32,548Life insurance assets
  • $389All other assets
  • $28,623Total liabilities and capital
  • $28,471Total liabilities
  • $25,562Total deposits
  • $28,471Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $152Subordinated debt
  • $3,925All other liabilities
  • $3,925Total equity capital
  • $3,925Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $3,000Surplus
  • $-75Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $108Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $85Long-term assets (5+ years)
  • $28,612Average Assets, year-to-date
  • $2,056Average Assets, quarterly
  • $31,995Volatile liabilities
  • $32,201Insider loans
  • $19,347FHLB advances
  • $32,769Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,914Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,218Restructured Loans and leases
  • $169Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,254Total interest income
  • $104Total interest expense
  • $1,150Net interest income
  • $0Provision for loan and lease losses
  • $172Total noninterest income
  • $0Fiduciary activities
  • $60Service charges on deposit accounts
  • $0Trading account gains & fees
  • $112Additional noninterest income
  • $1,179Total noninterest expense
  • $662Salaries and employee benefits
  • $262Premises and equipment expense
  • $255Additional noninterest expense
  • $143Pre-tax net operating income
  • $0Securities gains (losses)
  • $33Applicable income taxes
  • $110Income before extraordinary items
  • $0Extraordinary gains - net
  • $110Net income attributable to bank
  • $0Net charge-offs
  • $110Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.59%Yield on earning assets
  • 0.38%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 4.32%Noninterest expense to earning assets
  • 0.34%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.45%Pretax return on assets
  • 2.84%Return on equity (ROE)
  • 2.84%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,183Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 1.86%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 52.24%Net loans and leases to core deposits
  • 52.24%Equity capital to assets
  • 12.06%Core capital (leverage) ratio
  • 11.94%Tier 1 risk-based capital ratio
  • 20.23%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $31,995Average earning assets
  • $3,872Average equity
  • $27,306Average loans

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    080030Frontier Savings Bank940 Valley View Drive, Council Bluffs, IA 51503March 20, 2000Full Service Brick and Mortar
    1363232Expressway Branch509 23rd Avenue, Council Bluffs, IA 51501January 28, 2002Full Service Brick and Mortar

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