Guaranty Bank and Trust Company in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Guaranty Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 14704
    Status: Active
    Federal Reserve ID: 184245
    Bank Holding Company (Regulatory Top Holder): Guaranty Bankshares, Ltd. (RSSDID: 1209444, Location: Cedar Rapids, IA)
    Date Established: May 05, 1934
    WWW: http://www.guaranty-bank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12846
    FDIC's unique #: 9198
    Numeric code: 21
    Regulator: FDIC
    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: August 27, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 302 Third Avenue, S.E., Cedar Rapids, IA 52406
    County: Linn
    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
    Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $237.9 mil
    Equity capital: $20.7 mil
    Deposits held in domestic offices: $189.5 mil
    Return on assets (ROA): 0.25% ($0.6 mil)
    Quarterly return on assets: -0.10% (-$0.2 mil)
    Return on Equity (ROE): 3.10% ($0.7 mil)
    Quarterly return on equity: -1.14% (-$0.2 mil)
    Net income: $0.6 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.26% ($618.5 mil)
    Quarterly Pretax return on assets: -0.10% (-$237.9 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
  • 67Total employees (full-time equivalent)
  • $237,879Total assets
  • $6,588Cash and due from depository institutions
  • $3,450Interest-bearing balances
  • $88,559Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $132,072Net loans & leases
  • $1,127Loan loss allowance
  • $0Trading account assets
  • $2,787Bank premises and fixed assets
  • $1,083Other real estate owned
  • $0Goodwill and other intangibles
  • $237,879Life insurance assets
  • $6,790All other assets
  • $217,137Total liabilities and capital
  • $189,451Total liabilities
  • $154,575Total deposits
  • $189,451Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 11458.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,000Trading liabilities
  • $0Other borrowed funds
  • $228Subordinated debt
  • $20,742All other liabilities
  • $20,742Total equity capital
  • $20,742Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $8,000Surplus
  • $12,242Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $353Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $802Income earned, not collected on loans
  • $0Earning assets
  • $1,044Long-term assets (5+ years)
  • $224,081Average Assets, year-to-date
  • $90,369Average Assets, quarterly
  • $241,800Volatile liabilities
  • $239,775Insider loans
  • $161,008FHLB advances
  • $238,163Loans and leases held for sale
  • $3,013Unused loan commitments
  • $3,013Tier 1 (core) risk-based capital
  • $22,309Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,967Restructured Loans and leases
  • $3,325Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,934Total interest income
  • $1,807Total interest expense
  • $8,127Net interest income
  • $1,140Provision for loan and lease losses
  • $2,469Total noninterest income
  • $762Fiduciary activities
  • $693Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,014Additional noninterest income
  • $8,902Total noninterest expense
  • $4,660Salaries and employee benefits
  • $1,728Premises and equipment expense
  • $2,514Additional noninterest expense
  • $554Pre-tax net operating income
  • $73Securities gains (losses)
  • $13Applicable income taxes
  • $614Income before extraordinary items
  • $0Extraordinary gains - net
  • $614Net income attributable to bank
  • $0Net charge-offs
  • $614Cash dividends
  • $1,246Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.38%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 3.58%Net interest margin
  • 1.09%Noninterest income to earning assets
  • 3.92%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 3.10%Return on equity (ROE)
  • 3.10%Retained earnings to average equity (YTD only)
  • 0.98%Net charge-offs to loans
  • 91.49%Credit loss provision to net charge-offs
  • 1.36%Efficiency ratio
  • 84,013Assets per employee
  • 3.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 140.52%Noncurrent assets plus other real estate owned to assets
  • 1.13%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 69.71%Net loans and leases to core deposits
  • 70.80%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 9.37%Tier 1 risk-based capital ratio
  • 13.86%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $241,800Average earning assets
  • $19,788Average equity
  • $226,853Average 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
  • $114,411Managed Assets
  • 1Number of Accounts
  • $71,496Personal trust and agency accounts
  • $52,048Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $757Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $14,640Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $4,051Non-managed Assets
  • 277Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $42,915Other retirement accounts
  • $2,216Corporate trust and agency accounts
  • $15,412Other fiduciary accounts
  • $18,795Fiduciary accounts held in foreign offices

List of branches

  • 7 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09198Guaranty Bank And Trust Company302 Third Avenue, S.E., Cedar Rapids, IA 52406May 05, 1934Full Service Brick and Mortar
    223195842nd Street Branch1819 42nd Street, N.E., Cedar Rapids, IA 52402October 15, 1969Full Service Brick and Mortar
    3231959Cedar Hills Branch191 Jacolyn Drive, N.W., Cedar Rapids, IA 52405March 02, 1970Full Service Brick and Mortar
    4231960Marion Branch700 25th Street, Marion, IA 52302June 15, 1985Full Service Brick and Mortar
    6231962Wal*mart East Branch2645 Blairs Ferry Road, Ne, Cedar Rapids, IA 52401September 14, 1999Full Service Retail
    8458049Fairfax Office300 80th Street Court, Fairfax, IA 52228January 16, 2007Full Service Brick and Mortar
    9460065Bever Avenue Office2701 Bever Avenue, Cedar Rapids, IA 52403Febuary 26, 2007Full Service Brick and Mortar

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