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

This bank is inactive as of April 17, 2010

Iowa Bank - Overview

  • General
  • FDIC Certificate #: 34694
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fidelity Bank & Trust (#14382)
    Federal Reserve ID: 2632599
    Date Established: Febuary 21, 1998
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 61206
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 21, 1998
    Last Structure Change Effective Date: April 17, 2010
    Last Structure Change Process Date: May 14, 2010
    Last Data Update: May 14, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 North 2nd Street, Bellevue, IA 52031
    County: Jackson
    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
  • Financial Summary
  • Total assets: $53.3 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, 2009)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $52,981Total assets
  • $5,189Cash and due from depository institutions
  • $3,050Interest-bearing balances
  • $1,881Securities
  • $549Federal funds sold & reverse repurchase agreements
  • $42,290Net loans & leases
  • $536Loan loss allowance
  • $0Trading account assets
  • $1,051Bank premises and fixed assets
  • $0Other real estate owned
  • $956Goodwill and other intangibles
  • $0Life insurance assets
  • $1,065All other assets
  • $52,981Total liabilities and capital
  • $47,807Total liabilities
  • $45,874Total deposits
  • $41,532Interest-bearing deposits
  • $45,874Deposits held in domestic offices
  • 95.30%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,565Other borrowed funds
  • $0Subordinated debt
  • $368All other liabilities
  • $5,174Total equity capital
  • $5,174Total bank equity capital
  • $5,174Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $2,900Undivided profits
  • Memoranda
  • $2,074Noncurrent loans and leases
  • $5,604Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,656Earning assets
  • $0Long-term assets (5+ years)
  • $494Average Assets, year-to-date
  • $47,770Average Assets, quarterly
  • $5,967Volatile liabilities
  • $50,793Insider loans
  • $52,208FHLB advances
  • $9,649Loans and leases held for sale
  • $0Unused loan commitments
  • $1,565Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,604Total unused commitments
  • $111Restructured Loans and leases
  • $517Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $2,773Total interest income
  • $967Total interest expense
  • $1,806Net interest income
  • $309Provision for loan and lease losses
  • $270Total noninterest income
  • $1Fiduciary activities
  • $233Service charges on deposit accounts
  • $0Trading account gains & fees
  • $36Additional noninterest income
  • $1,426Total noninterest expense
  • $718Salaries and employee benefits
  • $299Premises and equipment expense
  • $409Additional noninterest expense
  • $341Pre-tax net operating income
  • $0Securities gains (losses)
  • $98Applicable income taxes
  • $243Income before extraordinary items
  • $0Extraordinary gains - net
  • $243Net income attributable to bank
  • $0Net charge-offs
  • $243Cash dividends
  • $32Sale, conversion, retirement of capital stock, net
  • $90Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.92%Yield on earning assets
  • 2.06%Cost of funding earning assets
  • 3.85%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 4.73%Return on equity (ROE)
  • 2.98%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 965.63%Credit loss provision to net charge-offs
  • 20.31%Efficiency ratio
  • 68,690Assets per employee
  • 4.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.04%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 32.37%Noncurrent assets plus other real estate owned to assets
  • 3.13%Noncurrent loans to loans
  • 3.87%Net loans and leases to deposits
  • 92.19%Net loans and leases to core deposits
  • 115.15%Equity capital to assets
  • 9.77%Core capital (leverage) ratio
  • 8.14%Tier 1 risk-based capital ratio
  • 10.20%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $50,793Average earning assets
  • $5,135Average equity
  • $46,857Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $275Managed Assets
  • 1Number of Accounts
  • $275Personal trust and agency accounts
  • $275Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Iowa Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents