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- Banks in Iowa (IA)
- Hills Bank
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)
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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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- Banks in Iowa (IA)
- Hills Bank
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