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


Iowa Savings Bank - Overview

  • General
  • FDIC Certificate #: 14690
    Status: Active
    Federal Reserve ID: 190648
    Bank Holding Company (Regulatory Top Holder): Community Grain Co. (RSSDID: 1200478, Location: Carroll, IA)
    Date Established: Febuary 01, 1902
    WWW: http://www.iowasavingsbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 12441
    FDIC's unique #: 9186
    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: August 22, 1934
    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: 510 Highway 30 West, Carroll, IA 51401
    County: Carroll
    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: $166.6 mil
    Equity capital: $14.6 mil
    Deposits held in domestic offices: $151.3 mil
    Return on assets (ROA): 1.16% ($1.9 mil)
    Quarterly return on assets: 1.23% ($2.1 mil)
    Return on Equity (ROE): 13.02% ($2.0 mil)
    Quarterly return on equity: 13.55% ($2.0 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.22% ($2,032.0 mil)
    Quarterly Pretax return on assets: 1.30% ($2,165.3 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, 2011)

  • Dollar figures in thousands
  • 40Total employees (full-time equivalent)
  • $166,560Total assets
  • $18,793Cash and due from depository institutions
  • $5,753Interest-bearing balances
  • $44,647Securities
  • $4,000Federal funds sold & reverse repurchase agreements
  • $91,510Net loans & leases
  • $2,016Loan loss allowance
  • $0Trading account assets
  • $4,125Bank premises and fixed assets
  • $0Other real estate owned
  • $410Goodwill and other intangibles
  • $166,561Life insurance assets
  • $3,075All other assets
  • $151,931Total liabilities and capital
  • $151,253Total liabilities
  • $133,216Total deposits
  • $151,253Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 173.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $505Subordinated debt
  • $14,630All other liabilities
  • $14,630Total equity capital
  • $14,630Total bank equity capital
  • $0Perpetual preferred stock
  • $1,567Common stock
  • $3,426Surplus
  • $9,637Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $131Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $226Income earned, not collected on loans
  • $97Earning assets
  • $1,458Long-term assets (5+ years)
  • $145,910Average Assets, year-to-date
  • $22,935Average Assets, quarterly
  • $161,169Volatile liabilities
  • $162,650Insider loans
  • $106,462FHLB advances
  • $164,712Loans and leases held for sale
  • $347Unused loan commitments
  • $347Tier 1 (core) risk-based capital
  • $13,556Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $27,410Restructured Loans and leases
  • $5,191Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,247Total interest income
  • $1,028Total interest expense
  • $5,219Net interest income
  • $0Provision for loan and lease losses
  • $1,136Total noninterest income
  • $401Fiduciary activities
  • $325Service charges on deposit accounts
  • $0Trading account gains & fees
  • $410Additional noninterest income
  • $4,387Total noninterest expense
  • $2,821Salaries and employee benefits
  • $551Premises and equipment expense
  • $1,015Additional noninterest expense
  • $1,968Pre-tax net operating income
  • $2Securities gains (losses)
  • $102Applicable income taxes
  • $1,868Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,868Net income attributable to bank
  • $0Net charge-offs
  • $1,868Cash dividends
  • -$72Sale, conversion, retirement of capital stock, net
  • $1,139Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 13.02%Return on equity (ROE)
  • 5.08%Retained earnings to average equity (YTD only)
  • -0.08%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 68,812Assets per employee
  • 4.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.97%Loss allowance to loans
  • 2.16%Loss allowance to noncurrent loans
  • 892.04%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 60.50%Net loans and leases to core deposits
  • 63.54%Equity capital to assets
  • 8.78%Core capital (leverage) ratio
  • 8.23%Tier 1 risk-based capital ratio
  • 12.73%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $161,169Average earning assets
  • $14,347Average equity
  • $145,045Average 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
  • $56,755Managed Assets
  • 1Number of Accounts
  • $54,319Personal trust and agency accounts
  • $33,819Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $927Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $4,845Other fiduciary accounts
  • $6,684Fiduciary accounts held in foreign offices
  • $8,044Non-managed Assets
  • 187Number of Accounts
  • $0Personal trust and agency accounts
  • $927Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,436Other retirement accounts
  • $773Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,663Fiduciary accounts held in foreign offices

List of branches

  • 8 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09186Iowa Savings Bank510 Highway 30 West, Carroll, IA 51401Febuary 01, 1902Full Service Brick and Mortar
    1276977Iowa Savings Bank/Coon Rapids Branch118 5th Avenue, Coon Rapids, IA 50058September 21, 1936Full Service Brick and Mortar
    25138Iowa Savings Bank/Bayard Branch101 North Main Street, Bayard, IA 50029April 26, 1926Full Service Brick and Mortar
    3231949Iowa Savings Bank1240 Highway 30 East, Carroll, IA 51401December 29, 1998Limited Service Facility
    4231950Iowa Savings Bank/InternetWww.Iowasavingsbank.com, Carroll, IA 51401August 10, 1998Full Service Cyber
    5357887Iowa Savings BranchTelphone Banking, Carroll, IA 51401May 19, 1999Full Service Cyber
    6277065106 North Illinois St Branch106 North Illinois Street, Lake City, IA 51449October 27, 1936Full Service Brick and Mortar
    7456850Glidden Branch705 Arizona Street, Glidden, IA 51443November 01, 2006Full Service Brick and Mortar

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