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

Hiawatha Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 34488
    Status: Active
    Federal Reserve ID: 2536633
    Bank Holding Company (Regulatory Top Holder): Country Bancorporation (RSSDID: 1203910, Location: Crawfordsville, IA)
    Date Established: September 15, 1997
    WWW: http://www.hiawathabank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 15421
    FDIC's unique #: 57679
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 15, 1997
    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: 777 North Center Point Road, Hiawatha, IA 52233
    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: $36.8 mil
    Equity capital: $4.2 mil
    Deposits held in domestic offices: $30.4 mil
    Return on assets (ROA): 0.93% ($0.3 mil)
    Quarterly return on assets: 1.21% ($0.4 mil)
    Return on Equity (ROE): 8.51% ($0.3 mil)
    Quarterly return on equity: 10.78% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.53% ($562.9 mil)
    Quarterly Pretax return on assets: 2.00% ($735.8 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
  • 9Total employees (full-time equivalent)
  • $36,788Total assets
  • $1,225Cash and due from depository institutions
  • $238Interest-bearing balances
  • $0Securities
  • $1,813Federal funds sold & reverse repurchase agreements
  • $32,306Net loans & leases
  • $403Loan loss allowance
  • $0Trading account assets
  • $800Bank premises and fixed assets
  • $29Other real estate owned
  • $0Goodwill and other intangibles
  • $36,788Life insurance assets
  • $615All other assets
  • $32,578Total liabilities and capital
  • $30,398Total liabilities
  • $24,290Total deposits
  • $30,398Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,943Trading liabilities
  • $0Other borrowed funds
  • $237Subordinated debt
  • $4,210All other liabilities
  • $4,210Total equity capital
  • $4,210Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $2,210Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10Income earned, not collected on loans
  • $0Earning assets
  • $246Long-term assets (5+ years)
  • $34,357Average Assets, year-to-date
  • $4,564Average Assets, quarterly
  • $37,472Volatile liabilities
  • $37,067Insider loans
  • $29,490FHLB advances
  • $37,227Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,210Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,942Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,069Total interest income
  • $476Total interest expense
  • $1,593Net interest income
  • $38Provision for loan and lease losses
  • $183Total noninterest income
  • $0Fiduciary activities
  • $81Service charges on deposit accounts
  • $0Trading account gains & fees
  • $102Additional noninterest income
  • $1,164Total noninterest expense
  • $722Salaries and employee benefits
  • $206Premises and equipment expense
  • $236Additional noninterest expense
  • $574Pre-tax net operating income
  • $0Securities gains (losses)
  • $225Applicable income taxes
  • $349Income before extraordinary items
  • $0Extraordinary gains - net
  • $349Net income attributable to bank
  • $0Net charge-offs
  • $349Cash dividends
  • $198Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.90%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 4.54%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.53%Pretax return on assets
  • 8.51%Return on equity (ROE)
  • 3.63%Retained earnings to average equity (YTD only)
  • 0.58%Net charge-offs to loans
  • 19.19%Credit loss provision to net charge-offs
  • 3.09%Efficiency ratio
  • 65,541Assets per employee
  • 4.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.31%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 4030.00%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 106.28%Net loans and leases to core deposits
  • 107.69%Equity capital to assets
  • 11.44%Core capital (leverage) ratio
  • 11.31%Tier 1 risk-based capital ratio
  • 14.28%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $37,472Average earning assets
  • $4,103Average equity
  • $35,095Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057679Hiawatha Bank And Trust Company777 North Center Point Road, Hiawatha, IA 52233September 15, 1997Full Service Brick and Mortar

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