Idaho Independent Bank in Coeur D Alene, Idaho (ID)
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| Idaho Independent Bank | |
|---|---|
| General | FDIC Certificate #: 33845 Status: Active Federal Reserve ID: 2110640 Date Established: October 11, 1993 WWW: http://www.theidahobank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 12 (Domestic: 12, Interstate: No) OTS Docket #: 13616 FDIC's unique #: 48153 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: October 11, 1993 Last Structure Change Effective Date: Febuary 16, 2010 Last Structure Change Process Date: Febuary 16, 2010 Last Data Update: Febuary 16, 2010 Data Source Date: April 05, 2012 |
| Location | Address: 1260 West Riverstone Drive, Coeur D Alene, ID 83814 County: Kootenai Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Coeur d'Alene, ID (#17660) CBSA Metro Statistical Area: Coeur d'Alene, ID (#17660) |
| Financial Summary | Total assets: $441.1 mil Equity capital: $56.5 mil Deposits held in domestic offices: $357.5 mil Return on assets (ROA): -1.43% (-$6.3 mil) Quarterly return on assets: -3.29% (-$14.5 mil) Return on Equity (ROE): -11.47% (-$6.4 mil) Quarterly return on equity: -26.57% (-$14.9 mil) Net income: -$6.4 mil Quarterly Net income: -$3.7 mil Pretax return on assets: -1.10% (-$4,852.1 mil) Quarterly Pretax return on assets: -1.94% (-$8,557.4 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 181 |
| Total assets | $441,101 |
| Cash and due from depository institutions | $100,154 |
| Interest-bearing balances | $91,779 |
| Securities | $51,154 |
| Federal funds sold & reverse repurchase agreements | $1,096 |
| Net loans & leases | $237,932 |
| Loan loss allowance | $9,473 |
| Trading account assets | $2,864 |
| Bank premises and fixed assets | $19,432 |
| Other real estate owned | $9,041 |
| Goodwill and other intangibles | $0 |
| All other assets | $19,428 |
| Life insurance assets | $441,101 |
| Total liabilities and capital | $384,604 |
| Total liabilities | $357,515 |
| Total deposits | $251,457 |
| Interest-bearing deposits | $357,515 |
| Deposits held in domestic offices | $91 |
| % insured (estimated) | 10305.00% |
| Federal funds purchased & repurchase agreements | $2,864 |
| Trading liabilities | $9,000 |
| Other borrowed funds | $0 |
| Subordinated debt | $4,920 |
| All other liabilities | $56,497 |
| Total equity capital | $56,497 |
| Total bank equity capital | $56,497 |
| Perpetual preferred stock | $0 |
| Common stock | $44,746 |
| Surplus | $41,532 |
| Undivided profits | $-29,781 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $4,184 |
| Income earned, not collected on loans | $26,744 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $1,056 |
| Average Assets, year-to-date | $384,825 |
| Average Assets, quarterly | $4,556 |
| Volatile liabilities | $444,623 |
| Insider loans | $447,534 |
| FHLB advances | $339,256 |
| Loans and leases held for sale | $455,199 |
| Unused loan commitments | $11,947 |
| Tier 1 (core) risk-based capital | $11,947 |
| Tier 2 risk-based capital | $56,535 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $61,671 |
| Derivatives | $1,016 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $16,417 |
| Total interest expense | $1,763 |
| Net interest income | $14,654 |
| Provision for loan and lease losses | $3,521 |
| Total noninterest income | $3,663 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $811 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $2,852 |
| Total noninterest expense | $19,697 |
| Salaries and employee benefits | $11,251 |
| Premises and equipment expense | $2,684 |
| Additional noninterest expense | $5,762 |
| Pre-tax net operating income | -$4,901 |
| Securities gains (losses) | $26 |
| Applicable income taxes | $1,500 |
| Income before extraordinary items | -$6,375 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$6,375 |
| Net charge-offs | $0 |
| Cash dividends | -$6,375 |
| Sale, conversion, retirement of capital stock, net | $3,901 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.30% |
| Cost of funding earning assets | 0.46% |
| Net interest margin | 3.84% |
| Noninterest income to earning assets | 0.96% |
| Noninterest expense to earning assets | 5.16% |
| Net operating income to assets | -1.44% |
| Return on assets (ROA) | -1.43% |
| Pretax return on assets | -1.10% |
| Return on equity (ROE) | -11.47% |
| Retained earnings to average equity (YTD only) | -11.47% |
| Net charge-offs to loans | 1.49% |
| Credit loss provision to net charge-offs | 90.26% |
| Efficiency ratio | -0.35% |
| Assets per employee | $107,534 |
| Cash dividends to net income (YTD only) | 2.44% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 3.83% |
| Noncurrent assets plus other real estate owned to assets | 35.42% |
| Noncurrent loans to loans | 8.11% |
| Net loans and leases to deposits | 10.81% |
| Net loans and leases to core deposits | 66.55% |
| Equity capital to assets | 67.40% |
| Core capital (leverage) ratio | 12.81% |
| Tier 1 risk-based capital ratio | 12.42% |
| Total risk-based capital ratio | 16.66% |
| Memoranda | |
| Average assets | $18 |
| Average earning assets | $444,623 |
| Average equity | $55,597 |
| Average loans | $381,937 |
| 12 Idaho Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 48153 | Idaho Independent Bank | 1260 West Riverstone Drive, Coeur D Alene, ID 83814 | October 11, 1993 | Full Service Brick and Mortar |  |
| 1 | 289970 | Hayden Branch | 8882 North Government Way, Hayden Lake, ID 83835 | October 24, 1994 | Full Service Brick and Mortar |  |
| 2 | 289971 | Boise Branch | 317 North 9th Street, Boise, ID 83702 | October 21, 1996 | Full Service Brick and Mortar | |
| 3 | 289972 | Meridian Branch | 113 East Idaho Ave, Meridian, ID 83642 | September 01, 1998 | Full Service Brick and Mortar | |
| 4 | 289973 | Nampa Branch | 804 12th Avenue South, Nampa, ID 83651 | October 20, 1998 | Full Service Brick and Mortar | |
| 5 | 294928 | West Boise Branch | 8351 West Overland Road, Boise, ID 83709 | Febuary 07, 2000 | Full Service Brick and Mortar | |
| 6 | 284134 | Mountain Home Branch | 310 American Legion Boulevard, Mountain Home, ID 83647 | January 01, 1960 | Full Service Brick and Mortar | |
| 7 | 361531 | Caldwell Branch | 620 S Kimball Ave, Caldwell, ID 83605 | May 23, 2001 | Full Service Brick and Mortar | |
| 9 | 433230 | Ketchum Branch | 491 N Main St Suite 101, Ketchum, ID 83340 | January 26, 2005 | Full Service Brick and Mortar | |
| 10 | 443221 | Star Branch | 90 South Star Road, Star, ID 83669 | July 21, 2005 | Full Service Brick and Mortar | |
| 11 | 450298 | Boise River Branch | 401 West Front Street, Boise, ID 83702 | July 05, 2000 | Full Service Brick and Mortar | |
| 12 | 466271 | Eagle Branch | 560 E. State Street, Eagle, ID 83616 | May 01, 2007 | Full Service Brick and Mortar | |
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