Iowa Falls State Bank in city_name, state_name - Detailed Financial Reports, Location

Iowa Falls State Bank in Iowa Falls, Iowa (IA)
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Iowa Falls State Bank routing number info

Iowa Falls State Bank - Overview

General
FDIC Certificate #: 15311
Status: Active
Federal Reserve ID: 989141
Bank Holding Company (Regulatory Top Holder): Barlow Banking Corporation (RSSDID: 2339562, Location: Iowa Falls, IA)
Date Established: January 01, 1933
WWW: http://www.ifsbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 13677
FDIC's unique #: 9651
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: December 06, 1953
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: 601 Washington Avenue, Iowa Falls, IA 50126
County: Hardin
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $109.1 mil
Equity capital: $13.1 mil
Deposits held in domestic offices: $92.6 mil
Return on assets (ROA): 1.63% ($1.8 mil)
Quarterly return on assets: 1.64% ($1.8 mil)
Return on Equity (ROE): 14.19% ($1.8 mil)
Quarterly return on equity: 13.64% ($1.8 mil)
Net income: $1.7 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.70% ($1,855.3 mil)
Quarterly Pretax return on assets: 1.71% ($1,866.2 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, 2011)

Dollar figures in thousands
26Total employees (full-time equivalent)
$109,133Total assets
$5,902Cash and due from depository institutions
$3,493Interest-bearing balances
$35,916Securities
$0Federal funds sold & reverse repurchase agreements
$62,982Net loans & leases
$1,200Loan loss allowance
$0Trading account assets
$1,602Bank premises and fixed assets
$180Other real estate owned
$0Goodwill and other intangibles
$109,133Life insurance assets
$2,551All other assets
$96,061Total liabilities and capital
$92,647Total liabilities
$79,328Total deposits
$92,647Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,000Trading liabilities
$0Other borrowed funds
$414Subordinated debt
$13,072All other liabilities
$13,072Total equity capital
$13,072Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$2,800Surplus
$10,072Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,035Income earned, not collected on loans
$0Earning assets
$1,228Long-term assets (5+ years)
$102,391Average Assets, year-to-date
$49,286Average Assets, quarterly
$106,792Volatile liabilities
$108,532Insider loans
$88,846FHLB advances
$110,135Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,388Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,009Restructured Loans and leases
$86Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,437Total interest income
$1,100Total interest expense
$4,337Net interest income
$180Provision for loan and lease losses
$432Total noninterest income
$19Fiduciary activities
$206Service charges on deposit accounts
$0Trading account gains & fees
$207Additional noninterest income
$2,771Total noninterest expense
$1,572Salaries and employee benefits
$313Premises and equipment expense
$886Additional noninterest expense
$1,818Pre-tax net operating income
$1Securities gains (losses)
$73Applicable income taxes
$1,746Income before extraordinary items
$0Extraordinary gains - net
$1,746Net income attributable to bank
$0Net charge-offs
$1,746Cash dividends
$14Sale, conversion, retirement of capital stock, net
$1,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.41%Yield on earning assets
1.09%Cost of funding earning assets
4.32%Net interest margin
0.43%Noninterest income to earning assets
2.76%Noninterest expense to earning assets
1.63%Net operating income to assets
1.63%Return on assets (ROA)
1.70%Pretax return on assets
14.19%Return on equity (ROE)
6.06%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1285.71%Credit loss provision to net charge-offs
142.71%Efficiency ratio
58,104Assets per employee
4.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.27%Loss allowance to loans
1.87%Loss allowance to noncurrent loans
115.94%Noncurrent assets plus other real estate owned to assets
1.11%Noncurrent loans to loans
1.61%Net loans and leases to deposits
67.98%Net loans and leases to core deposits
72.84%Equity capital to assets
11.98%Core capital (leverage) ratio
10.34%Tier 1 risk-based capital ratio
12.82%Total risk-based capital ratio
Memoranda
$14Average assets
$106,792Average earning assets
$12,301Average equity
$100,506Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$9,948Managed Assets
1Number of Accounts
$8,947Personal trust and agency accounts
$8,947Employee 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
15Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,001Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$130Fiduciary accounts held in foreign offices

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	9651	Iowa Falls State Bank	601 Washington Avenue, Iowa Falls, IA 50126	January 01, 1933	Full Service Brick and Mortar
1	8038	Williams Branch	Main Street, Williams, IA 50271	Febuary 03, 1931	Full Service Brick and Mortar

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

Iowa Falls State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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

Iowa Falls State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

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