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

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
    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
  • NoIDNameAddressEstablishedService TypeMap
    09651Iowa Falls State Bank601 Washington Avenue, Iowa Falls, IA 50126January 01, 1933Full Service Brick and Mortar
    18038Williams BranchMain Street, Williams, IA 50271Febuary 03, 1931Full Service Brick and Mortar

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