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

Iowa State Savings Bank - Overview

  • General
  • FDIC Certificate #: 11349
    Status: Active
    Federal Reserve ID: 849647
    Bank Holding Company (Regulatory Top Holder): Duclarkee, Inc. (RSSDID: 1200357, Location: Knoxville, IA)
    Date Established: January 05, 1903
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 10879
    FDIC's unique #: 7250
    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: January 01, 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: 222 East Robinson Street, Knoxville, IA 50138
    County: Marion
    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
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Pella, IA (#37800)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $100.3 mil
    Equity capital: $8.5 mil
    Deposits held in domestic offices: $86.4 mil
    Return on assets (ROA): 0.39% ($0.4 mil)
    Quarterly return on assets: 1.19% ($1.2 mil)
    Return on Equity (ROE): 4.75% ($0.4 mil)
    Quarterly return on equity: 14.45% ($1.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.41% ($411.4 mil)
    Quarterly Pretax return on assets: 1.25% ($1,254.3 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
  • 38Total employees (full-time equivalent)
  • $100,348Total assets
  • $5,056Cash and due from depository institutions
  • $754Interest-bearing balances
  • $23,047Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $66,930Net loans & leases
  • $1,050Loan loss allowance
  • $0Trading account assets
  • $711Bank premises and fixed assets
  • $308Other real estate owned
  • $0Goodwill and other intangibles
  • $100,348Life insurance assets
  • $4,296All other assets
  • $91,808Total liabilities and capital
  • $86,367Total liabilities
  • $69,204Total deposits
  • $86,367Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 287.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,036Trading liabilities
  • $0Other borrowed funds
  • $1,118Subordinated debt
  • $8,540All other liabilities
  • $8,540Total equity capital
  • $8,540Total bank equity capital
  • $0Perpetual preferred stock
  • $350Common stock
  • $1,050Surplus
  • $7,140Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $197Income earned, not collected on loans
  • $0Earning assets
  • $1,003Long-term assets (5+ years)
  • $90,731Average Assets, year-to-date
  • $7,580Average Assets, quarterly
  • $104,160Volatile liabilities
  • $103,675Insider loans
  • $78,701FHLB advances
  • $102,830Loans and leases held for sale
  • $1,345Unused loan commitments
  • $1,345Tier 1 (core) risk-based capital
  • $7,923Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,424Restructured Loans and leases
  • $880Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,171Total interest income
  • $731Total interest expense
  • $4,440Net interest income
  • $505Provision for loan and lease losses
  • $640Total noninterest income
  • $5Fiduciary activities
  • $711Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$76Additional noninterest income
  • $4,145Total noninterest expense
  • $2,418Salaries and employee benefits
  • $361Premises and equipment expense
  • $1,366Additional noninterest expense
  • $430Pre-tax net operating income
  • $0Securities gains (losses)
  • $22Applicable income taxes
  • $408Income before extraordinary items
  • $0Extraordinary gains - net
  • $408Net income attributable to bank
  • $0Net charge-offs
  • $408Cash dividends
  • $563Sale, conversion, retirement of capital stock, net
  • $830Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 4.70%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 4.39%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 4.75%Return on equity (ROE)
  • -4.92%Retained earnings to average equity (YTD only)
  • 0.83%Net charge-offs to loans
  • 89.70%Credit loss provision to net charge-offs
  • 1.66%Efficiency ratio
  • 81,594Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 203.43%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 532.99%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.29%Net loans and leases to deposits
  • 77.49%Net loans and leases to core deposits
  • 79.88%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 10.07%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $104,160Average earning assets
  • $8,581Average equity
  • $94,525Average 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
  • $845Managed Assets
  • 1Number of Accounts
  • $845Personal trust and agency accounts
  • $845Employee 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
  • 4Number 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

List of branches

  • 4 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07250Iowa State Savings Bank222 East Robinson Street, Knoxville, IA 50138January 05, 1903Full Service Brick and Mortar
    1224396Melcher BranchMain Square, Melcher, IA 50163January 01, 1932Limited Service Facility
    2224397Parking Lot Branch1010 West Pearl Street, Knoxville, IA 50138January 03, 1972Limited Service Facility
    3224398Parking Lot Branch413 East Main Street, Knoxville, IA 50138August 16, 1976Limited Service Facility

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