Keokuk County State Bank in Sigourney, Iowa (IA)



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Keokuk County State Bank routing number info

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Keokuk County State Bank
GeneralFDIC Certificate #: 12126
Status: Active
Federal Reserve ID: 477844
Bank Holding Company (Regulatory Top Holder): Fountain View Bancorp., Inc. (RSSDID: 2745613, Location: Sigourney, IA)
Date Established: January 01, 1884
WWW: http://www.yourcountybank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 7705
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 08, 2010
Last Structure Change Process Date: April 12, 2010
Last Data Update: April 12, 2010
Data Source Date: April 05, 2012
LocationAddress: 201 South Jefferson Street, Sigourney, IA 52591
County: Keokuk
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of ChangesOffice Purchased
Financial SummaryTotal assets: $97.6 mil
Equity capital: $10.0 mil
Deposits held in domestic offices: $86.5 mil
Return on assets (ROA): 1.43% ($1.4 mil)
Quarterly return on assets: 1.32% ($1.3 mil)
Return on Equity (ROE): 14.87% ($1.5 mil)
Quarterly return on equity: 12.87% ($1.3 mil)
Net income: $1.4 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 2.15% ($2,097.6 mil)
Quarterly Pretax return on assets: 2.02% ($1,970.8 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)
Total employees (full-time equivalent)28
Total assets$97,564
Cash and due from depository institutions$7,371
Interest-bearing balances$4,599
Securities$5,946
Federal funds sold & reverse repurchase agreements$120
Net loans & leases$78,608
Loan loss allowance $1,405
Trading account assets$0
Bank premises and fixed assets$1,668
Other real estate owned$159
Goodwill and other intangibles$368
All other assets$3,324
Life insurance assets$97,564
Total liabilities and capital$87,572
Total liabilities$86,466
Total deposits$63,486
Interest-bearing deposits$86,466
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$400
Other borrowed funds $0
Subordinated debt $706
All other liabilities $9,992
Total equity capital$9,992
Total bank equity capital$9,992
Perpetual preferred stock$0
Common stock$480
Surplus$3,801
Undivided profits $5,711
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $98
Income earned, not collected on loans $1,204
Earning assets $0
Long-term assets (5+ years) $1,223
Average Assets, year-to-date $89,273
Average Assets, quarterly $27,763
Volatile liabilities $97,424
Insider loans $96,526
FHLB advances $86,003
Loans and leases held for sale $98,942
Unused loan commitments $999
Tier 1 (core) risk-based capital $999
Tier 2 risk-based capital $9,565
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $11,937
Derivatives$60
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,217
Total interest expense $707
Net interest income $4,510
Provision for loan and lease losses $250
Total noninterest income $665
Fiduciary activities $0
Service charges on deposit accounts $293
Trading account gains & fees $0
Additional noninterest income $372
Total noninterest expense $2,834
Salaries and employee benefits $1,638
Premises and equipment expense $269
Additional noninterest expense $927
Pre-tax net operating income $2,091
Securities gains (losses) $0
Applicable income taxes $694
Income before extraordinary items $1,397
Extraordinary gains - net $0
Net income attributable to bank $1,397
Net charge-offs $0
Cash dividends $1,397
Sale, conversion, retirement of capital stock, net $36
Net operating income $542
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.85%
Cost of funding earning assets 0.79%
Net interest margin 5.06%
Noninterest income to earning assets 0.75%
Noninterest expense to earning assets 3.18%
Net operating income to assets 1.43%
Return on assets (ROA) 1.43%
Pretax return on assets 2.15%
Return on equity (ROE) 14.87%
Retained earnings to average equity (YTD only) 9.10%
Net charge-offs to loans 0.05%
Credit loss provision to net charge-offs 694.44%
Efficiency ratio65.03%
Assets per employee$53,217
Cash dividends to net income (YTD only)3.48%
Condition Ratios (%)
Loss allowance to loans 38.80%
Loss allowance to noncurrent loans 1.76%
Noncurrent assets plus other real estate owned to assets 116.69%
Noncurrent loans to loans 1.40%
Net loans and leases to deposits1.50%
Net loans and leases to core deposits 90.91%
Equity capital to assets 92.89%
Core capital (leverage) ratio 10.24%
Tier 1 risk-based capital ratio 9.67%
Total risk-based capital ratio 11.12%
Memoranda
Average assets$12
Average earning assets$97,424
Average equity $9,396
Average loans $89,110
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5 Iowa Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07705Keokuk County State Bank201 South Jefferson Street, Sigourney, IA 52591January 01, 1884Full Service Brick and Mortar
1478564Keokuk County State Bank Branch500 N Highland, Po Box 470, Williamsburg, IA 52361October 04, 2006Full Service Brick and Mortar
28717Gibson Branch106 S Marshall St, Gibson, IA 50104October 01, 1912Full Service Brick and Mortar
3230660Deep River Branch301 Main Street, Deep River, IA 52222July 15, 1935Full Service Brick and Mortar
4226359Keswick Branch225 Irons Street, Keswick, IA 50136April 02, 1945Full Service Brick and Mortar
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