Hawkeye Federal Savings Bank in Boone, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1996

Hawkeye Federal Savings Bank in Boone, Iowa (IA)
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Hawkeye Federal Savings Bank - Overview

General
FDIC Certificate #: 30158
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
Federal Reserve ID: 677578
Date Established: January 01, 1926
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 4863
FDIC's unique #: 42992
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 18, 1948
Last Structure Change Effective Date: October 01, 1996
Last Structure Change Process Date: November 26, 1996
Last Data Update: November 26, 1996
Data Source Date: April 05, 2012
Location
Address: 8th & Arden Streets, Boone, IA 50036
County: Boone
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
Combined Statistical Area (CSA): Ames-Boone, IA (#112)
Core Based Statistical Area (CBSA): Boone, IA (#14340)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $181.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$64Total assets
$184,069Cash and due from depository institutions
$10,802Interest-bearing balances
$8,776Securities
$50,909Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$115,267Loan loss allowance
$2,142Trading account assets
$0Bank premises and fixed assets
$3,137Other real estate owned
$175Goodwill and other intangibles
$3,738Life insurance assets
$41All other assets
$0Total liabilities and capital
$184,069Total liabilities
$170,912Total deposits
$160,095Interest-bearing deposits
$155,823Deposits held in domestic offices
160095.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$10,000Subordinated debt
$0All other liabilities
$817Total equity capital
$817Total bank equity capital
$13,157Perpetual preferred stock
$0Common stock
$1Surplus
$5,235Undivided profits
Memoranda
$7,921Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$277Income earned, not collected on loans
$815Earning assets
$174,952Long-term assets (5+ years)
$0Average Assets, year-to-date
$177,808Average Assets, quarterly
$183,883Volatile liabilities
$18,499Insider loans
$656FHLB advances
$10,000Loans and leases held for sale
$0Unused loan commitments
$3,247Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$12,933Total risk weighted assets
$98,139Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$13,073Total interest expense
$7,576Net interest income
$5,497Provision for loan and lease losses
$10Total noninterest income
$810Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$810Total noninterest expense
$4,231Salaries and employee benefits
$2,183Premises and equipment expense
$911Additional noninterest expense
$1,137Pre-tax net operating income
$2,066Securities gains (losses)
$203Applicable income taxes
$772Income before extraordinary items
$1,497Extraordinary gains - net
$0Net income attributable to bank
$1,497Net charge-offs
$35Cash dividends
$1,070Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.76%Cost of funding earning assets
4.50%Net interest margin
3.26%Noninterest income to earning assets
0.48%Noninterest expense to earning assets
2.51%Net operating income to assets
0.77%Return on assets (ROA)
0.84%Pretax return on assets
1.28%Return on equity (ROE)
11.65%Retained earnings to average equity (YTD only)
3.32%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
28.57%Efficiency ratio
67,084Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.48%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
773.29%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.24%Net loans and leases to deposits
72.00%Net loans and leases to core deposits
76.04%Equity capital to assets
7.15%Core capital (leverage) ratio
7.04%Tier 1 risk-based capital ratio
13.18%Total risk-based capital ratio
Memoranda
$14Average assets
$177,808Average earning assets
$12,846Average equity
$168,417Average loans

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