Hills Bank in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 17, 2000

  • Hills Bank in Cedar Rapids, Iowa (IA)
  • Show street view No street view available for this location

Hills Bank - Overview

  • General
  • FDIC Certificate #: 10119
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Hills Bank and Trust Company (#14650)
    Federal Reserve ID: 672742
    Date Established: January 01, 1874
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 13153
    FDIC's unique #: 6472
    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: January 01, 1934
    Last Structure Change Effective Date: November 17, 2000
    Last Structure Change Process Date: December 26, 2000
    Last Data Update: December 26, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 240 Third Avenue, S.E., Cedar Rapids, IA 52401
    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)
  • Financial Summary
  • Total assets: $62.8 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $42,641Total assets
  • $1,691Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,341Securities
  • $2,195Federal funds sold & reverse repurchase agreements
  • $30,169Net loans & leases
  • $320Loan loss allowance
  • $0Trading account assets
  • $1,801Bank premises and fixed assets
  • $0Other real estate owned
  • $1,053Goodwill and other intangibles
  • $0Life insurance assets
  • $391All other assets
  • $42,641Total liabilities and capital
  • $37,689Total liabilities
  • $36,978Total deposits
  • $33,880Interest-bearing deposits
  • $36,978Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $396Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $100Other borrowed funds
  • $0Subordinated debt
  • $215All other liabilities
  • $4,952Total equity capital
  • $4,952Total bank equity capital
  • $4,952Perpetual preferred stock
  • $0Common stock
  • $225Surplus
  • $4,567Undivided profits
  • Memoranda
  • $160Noncurrent loans and leases
  • $3,719Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6Earning assets
  • $0Long-term assets (5+ years)
  • $222Average Assets, year-to-date
  • $37,705Average Assets, quarterly
  • $2,123Volatile liabilities
  • $38,440Insider loans
  • $40,457FHLB advances
  • $2,473Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,719Total unused commitments
  • $0Restructured Loans and leases
  • $320Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,568Total interest income
  • $1,353Total interest expense
  • $1,215Net interest income
  • $48Provision for loan and lease losses
  • $249Total noninterest income
  • $0Fiduciary activities
  • $174Service charges on deposit accounts
  • $0Trading account gains & fees
  • $75Additional noninterest income
  • $1,113Total noninterest expense
  • $493Salaries and employee benefits
  • $236Premises and equipment expense
  • $384Additional noninterest expense
  • $303Pre-tax net operating income
  • $0Securities gains (losses)
  • $138Applicable income taxes
  • $165Income before extraordinary items
  • $0Extraordinary gains - net
  • $165Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $14Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.58%Yield on earning assets
  • 3.99%Cost of funding earning assets
  • 3.59%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.29%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 3.37%Return on equity (ROE)
  • 3.37%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 342.86%Credit loss provision to net charge-offs
  • 25.07%Efficiency ratio
  • 69,740Assets per employee
  • 2.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 5333.33%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 81.59%Net loans and leases to core deposits
  • 86.44%Equity capital to assets
  • 11.61%Core capital (leverage) ratio
  • 9.97%Tier 1 risk-based capital ratio
  • 14.37%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $38,440Average earning assets
  • $4,899Average equity
  • $33,869Average loans

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