ITS Bank in Johnston, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


ITS Bank - Overview

  • General
  • FDIC Certificate #: 34619
    Status: Active
    Federal Reserve ID: 2774707
    Date Established: January 01, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 60842
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 2000
    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: 6700 Pioneer Parkway, Johnston, IA 50131
    County: Polk
    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
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $5.5 mil
    Equity capital: $5.0 mil
    Deposits held in domestic offices: $0.5 mil
    Return on assets (ROA): 2.92% ($0.1 mil)
    Quarterly return on assets: 3.07% ($0.2 mil)
    Return on Equity (ROE): 3.23% ($0.2 mil)
    Quarterly return on equity: 3.39% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 4.47% ($245.5 mil)
    Quarterly Pretax return on assets: 4.97% ($273.0 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
  • 1Total employees (full-time equivalent)
  • $5,492Total assets
  • $826Cash and due from depository institutions
  • $700Interest-bearing balances
  • $4,582Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $5,492Life insurance assets
  • $84All other assets
  • $518Total liabilities and capital
  • $500Total liabilities
  • $500Total deposits
  • $500Interest-bearing deposits
  • $70Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $18Subordinated debt
  • $4,974All other liabilities
  • $4,974Total equity capital
  • $4,974Total bank equity capital
  • $1,420Perpetual preferred stock
  • $50Common stock
  • $450Surplus
  • $3,054Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $58Long-term assets (5+ years)
  • $5,282Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $5,419Volatile liabilities
  • $5,474Insider loans
  • $1,163FHLB advances
  • $5,490Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,965Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $97Total interest income
  • $5Total interest expense
  • $92Net interest income
  • $0Provision for loan and lease losses
  • $253Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $253Additional noninterest income
  • $103Total noninterest expense
  • $0Salaries and employee benefits
  • $0Premises and equipment expense
  • $103Additional noninterest expense
  • $242Pre-tax net operating income
  • $0Securities gains (losses)
  • $84Applicable income taxes
  • $158Income before extraordinary items
  • $0Extraordinary gains - net
  • $158Net income attributable to bank
  • $0Net charge-offs
  • $158Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.04%Yield on earning assets
  • 0.11%Cost of funding earning assets
  • 1.94%Net interest margin
  • 5.33%Noninterest income to earning assets
  • 2.17%Noninterest expense to earning assets
  • 2.92%Net operating income to assets
  • 2.92%Return on assets (ROA)
  • 4.47%Pretax return on assets
  • 3.23%Return on equity (ROE)
  • 3.23%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 29,855Assets per employee
  • 5.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 90.57%Core capital (leverage) ratio
  • 90.44%Tier 1 risk-based capital ratio
  • 426.91%Total risk-based capital ratio
  • Memoranda
  • $427Average assets
  • $5,419Average earning assets
  • $4,896Average equity
  • $4,750Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    060842Its Bank6700 Pioneer Parkway, Johnston, IA 50131January 01, 2000Full Service Brick and Mortar

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