FDIC Certificate #: 27776 Status: Inactive Federal Reserve ID: 628271 Date Established: January 01, 1919 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 260 FDIC's unique #: 40610 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: June 09, 1958 Last Structure Change Effective Date: August 06, 2008 Last Structure Change Process Date: August 14, 2008 Last Data Update: August 14, 2008 Data Source Date: April 05, 2012
Location
Address: 301 First Ave East, Oskaloosa, IA 52577 County: Mahaska 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 Core Based Statistical Area (CBSA): Oskaloosa, IA (#36820) CBSA Micro Statistical Area: Yes
History of Changes
Other Liquidations and Closings
Financial Summary
Total assets: $2.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
31Total employees (full-time equivalent)
$103,655Total assets
$1,991Cash and due from depository institutions
$1,178Interest-bearing balances
$5,129Securities
$3,523Federal funds sold & reverse repurchase agreements
$87,105Net loans & leases
$4,975Loan loss allowance
$0Trading account assets
$3,424Bank premises and fixed assets
$501Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,982All other assets
$103,655Total liabilities and capital
$99,461Total liabilities
$92,059Total deposits
$86,195Interest-bearing deposits
$92,059Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,000Other borrowed funds
$0Subordinated debt
$402All other liabilities
$4,194Total equity capital
$4,194Total bank equity capital
$4,194Perpetual preferred stock
$0Common stock
$3Surplus
$3,487Undivided profits
Memoranda
$704Noncurrent loans and leases
$4,140Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$14,048Earning assets
$0Long-term assets (5+ years)
$636Average Assets, year-to-date
$96,935Average Assets, quarterly
$0Volatile liabilities
$119,386Insider loans
$107,993FHLB advances
$18,999Loans and leases held for sale
$72Unused loan commitments
$7,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,140Total unused commitments
$1,881Restructured Loans and leases
$1,065Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$7,443Total interest income
$4,179Total interest expense
$3,264Net interest income
$4,396Provision for loan and lease losses
$864Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$864Additional noninterest income
$5,930Total noninterest expense
$1,960Salaries and employee benefits
$1,189Premises and equipment expense
$2,781Additional noninterest expense
-$6,198Pre-tax net operating income
$32Securities gains (losses)
$65Applicable income taxes
-$6,231Income before extraordinary items
$0Extraordinary gains - net
-$6,231Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,260Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.64%Yield on earning assets
3.73%Cost of funding earning assets
2.91%Net interest margin
0.77%Noninterest income to earning assets
5.29%Noninterest expense to earning assets
-5.25%Net operating income to assets
-5.22%Return on assets (ROA)
-5.16%Pretax return on assets
-102.19%Return on equity (ROE)
-102.19%Retained earnings to average equity (YTD only)
1.18%Net charge-offs to loans
348.89%Credit loss provision to net charge-offs
-1.43%Efficiency ratio
143,653Assets per employee
3.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.40%Loss allowance to noncurrent loans
35.41%Noncurrent assets plus other real estate owned to assets
14.04%Noncurrent loans to loans
15.26%Net loans and leases to deposits
94.62%Net loans and leases to core deposits
108.80%Equity capital to assets
4.05%Core capital (leverage) ratio
4.07%Tier 1 risk-based capital ratio
5.19%Total risk-based capital ratio
Memoranda
$7Average assets
$119,386Average earning assets
$6,098Average equity
$112,024Average loans
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