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

Iowa Prairie Bank - Overview

  • General
  • FDIC Certificate #: 17347
    Status: Active
    Federal Reserve ID: 180443
    Bank Holding Company (Regulatory Top Holder): Prairie View Bankshares, Inc. (RSSDID: 1131273, Location: Brunsville, IA)
    Date Established: January 01, 1929
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 12695
    FDIC's unique #: 11357
    Numeric code: 13
    Regulator: FED
    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: July 29, 1954
    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: 302 Oak Street, Brunsville, IA 51008
    County: Plymouth
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    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: $64.9 mil
    Equity capital: $6.0 mil
    Deposits held in domestic offices: $54.3 mil
    Return on assets (ROA): 0.93% ($0.6 mil)
    Quarterly return on assets: 0.62% ($0.4 mil)
    Return on Equity (ROE): 10.64% ($0.6 mil)
    Quarterly return on equity: 6.67% ($0.4 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.97% ($629.3 mil)
    Quarterly Pretax return on assets: 0.69% ($447.6 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
  • 15Total employees (full-time equivalent)
  • $64,874Total assets
  • $4,647Cash and due from depository institutions
  • $1,200Interest-bearing balances
  • $25,338Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $33,255Net loans & leases
  • $569Loan loss allowance
  • $0Trading account assets
  • $293Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $64,874Life insurance assets
  • $1,341All other assets
  • $58,906Total liabilities and capital
  • $54,264Total liabilities
  • $45,008Total deposits
  • $54,264Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,529Trading liabilities
  • $0Other borrowed funds
  • $113Subordinated debt
  • $5,968All other liabilities
  • $5,968Total equity capital
  • $5,968Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $1,950Surplus
  • $3,418Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $604Income earned, not collected on loans
  • $0Earning assets
  • $499Long-term assets (5+ years)
  • $59,793Average Assets, year-to-date
  • $16,515Average Assets, quarterly
  • $63,390Volatile liabilities
  • $63,482Insider loans
  • $38,601FHLB advances
  • $63,960Loans and leases held for sale
  • $323Unused loan commitments
  • $323Tier 1 (core) risk-based capital
  • $5,183Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,026Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,661Total interest income
  • $556Total interest expense
  • $2,105Net interest income
  • $0Provision for loan and lease losses
  • $192Total noninterest income
  • $1Fiduciary activities
  • $109Service charges on deposit accounts
  • $0Trading account gains & fees
  • $82Additional noninterest income
  • $1,683Total noninterest expense
  • $873Salaries and employee benefits
  • $88Premises and equipment expense
  • $722Additional noninterest expense
  • $614Pre-tax net operating income
  • $2Securities gains (losses)
  • $27Applicable income taxes
  • $589Income before extraordinary items
  • $0Extraordinary gains - net
  • $589Net income attributable to bank
  • $0Net charge-offs
  • $589Cash dividends
  • $11Sale, conversion, retirement of capital stock, net
  • $317Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.46%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 10.64%Return on equity (ROE)
  • 4.91%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 55.82%Efficiency ratio
  • 73,269Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.82%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 94.21%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 1.79%Net loans and leases to deposits
  • 61.28%Net loans and leases to core deposits
  • 63.32%Equity capital to assets
  • 9.20%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 13.43%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $63,390Average earning assets
  • $5,537Average equity
  • $59,730Average 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
  • $314Managed Assets
  • 1Number of Accounts
  • $201Personal trust and agency accounts
  • $201Employee 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
  • 13Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $113Other retirement accounts
  • $113Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011357Iowa Prairie Bank302 Oak Street, Brunsville, IA 51008January 01, 1929Full Service Brick and Mortar
    111013Merrill Branch201 Main Street, Merrill, IA 51038December 01, 1923Full Service Brick and Mortar
    2239552Hinton Branch325 Floyd Avenue, Hinton, IA 51024March 05, 1957Full Service Brick and Mortar

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