Griswold State Bank in Griswold, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 06, 1995

  • Griswold State Bank in Griswold, Iowa (IA)
  • Show street view No street view available for this location

Griswold State Bank - Overview

  • General
  • FDIC Certificate #: 14346
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Rolling Hills Bank & Trust (#15334)
    Federal Reserve ID: 784841
    Date Established: May 10, 1934
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 8964
    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: May 10, 1934
    Last Structure Change Effective Date: November 06, 1995
    Last Structure Change Process Date: December 18, 1995
    Last Data Update: December 18, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Main Street, Griswold, IA 51535
    County: Cass
    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
  • Financial Summary
  • Total assets: $11.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $13,103Cash and due from depository institutions
  • $816Interest-bearing balances
  • $190Securities
  • $4,791Federal funds sold & reverse repurchase agreements
  • $390Net loans & leases
  • $6,652Loan loss allowance
  • $121Trading account assets
  • $0Bank premises and fixed assets
  • $209Other real estate owned
  • $0Goodwill and other intangibles
  • $245Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $13,103Total liabilities
  • $11,750Total deposits
  • $11,619Interest-bearing deposits
  • $9,769Deposits held in domestic offices
  • 11619.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $131Total equity capital
  • $131Total bank equity capital
  • $1,353Perpetual preferred stock
  • $0Common stock
  • $120Surplus
  • $630Undivided profits
  • Memoranda
  • $603Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $135Earning assets
  • $12,023Long-term assets (5+ years)
  • $2,479Average Assets, year-to-date
  • $13,223Average Assets, quarterly
  • $13,024Volatile liabilities
  • $402Insider loans
  • $254FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $380Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,353Total risk weighted assets
  • $7,278Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $862Total interest expense
  • $295Net interest income
  • $567Provision for loan and lease losses
  • $8Total noninterest income
  • $69Fiduciary activities
  • $0Service charges on deposit accounts
  • $62Trading account gains & fees
  • $0Additional noninterest income
  • $7Total noninterest expense
  • $450Salaries and employee benefits
  • $257Premises and equipment expense
  • $68Additional noninterest expense
  • $125Pre-tax net operating income
  • $178Securities gains (losses)
  • $0Applicable income taxes
  • $26Income before extraordinary items
  • $152Extraordinary gains - net
  • $0Net income attributable to bank
  • $152Net charge-offs
  • -$7Cash dividends
  • $80Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.97%Cost of funding earning assets
  • 2.39%Net interest margin
  • 4.59%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 3.64%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 1.35%Return on equity (ROE)
  • 11.52%Retained earnings to average equity (YTD only)
  • 5.46%Net charge-offs to loans
  • -0.10%Credit loss provision to net charge-offs
  • -114.29%Efficiency ratio
  • 70,755Assets per employee
  • 1.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 52.63%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 57.25%Net loans and leases to core deposits
  • 59.30%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 10.31%Tier 1 risk-based capital ratio
  • 18.59%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $13,223Average earning assets
  • $1,320Average equity
  • $12,361Average loans

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