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

Keystone Savings Bank - Overview

  • General
  • FDIC Certificate #: 17993
    Status: Active
    Federal Reserve ID: 931944
    Bank Holding Company (Regulatory Top Holder): Keystone Community Bancorporation (RSSDID: 1131367, Location: Keystone, IA)
    Date Established: April 27, 1935
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12718
    FDIC's unique #: 11924
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: April 30, 1959
    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: 330 Western Avenue, Marengo, IA 52301
    County: Iowa
    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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $77.1 mil
    Equity capital: $6.6 mil
    Deposits held in domestic offices: $69.7 mil
    Return on assets (ROA): 1.02% ($0.8 mil)
    Quarterly return on assets: 1.48% ($1.1 mil)
    Return on Equity (ROE): 12.41% ($0.9 mil)
    Quarterly return on equity: 17.57% ($1.2 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.07% ($824.7 mil)
    Quarterly Pretax return on assets: 1.56% ($1,202.3 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
  • 21Total employees (full-time equivalent)
  • $77,073Total assets
  • $2,781Cash and due from depository institutions
  • $72Interest-bearing balances
  • $23,128Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $47,034Net loans & leases
  • $671Loan loss allowance
  • $0Trading account assets
  • $2,532Bank premises and fixed assets
  • $331Other real estate owned
  • $0Goodwill and other intangibles
  • $77,073Life insurance assets
  • $1,267All other assets
  • $70,495Total liabilities and capital
  • $69,677Total liabilities
  • $51,737Total deposits
  • $69,677Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 576.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $242Subordinated debt
  • $6,578All other liabilities
  • $6,578Total equity capital
  • $6,578Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $2,006Surplus
  • $4,272Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $250Income earned, not collected on loans
  • $0Earning assets
  • $700Long-term assets (5+ years)
  • $70,234Average Assets, year-to-date
  • $34,819Average Assets, quarterly
  • $76,326Volatile liabilities
  • $78,381Insider loans
  • $57,223FHLB advances
  • $78,633Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,952Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,404Restructured Loans and leases
  • $143Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,606Total interest income
  • $735Total interest expense
  • $2,871Net interest income
  • $129Provision for loan and lease losses
  • $379Total noninterest income
  • $0Fiduciary activities
  • $177Service charges on deposit accounts
  • $0Trading account gains & fees
  • $202Additional noninterest income
  • $2,332Total noninterest expense
  • $1,278Salaries and employee benefits
  • $404Premises and equipment expense
  • $650Additional noninterest expense
  • $789Pre-tax net operating income
  • $31Securities gains (losses)
  • $41Applicable income taxes
  • $779Income before extraordinary items
  • $0Extraordinary gains - net
  • $779Net income attributable to bank
  • $0Net charge-offs
  • $779Cash dividends
  • -$109Sale, conversion, retirement of capital stock, net
  • $285Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 1.06%Cost of funding earning assets
  • 4.14%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.36%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 12.41%Return on equity (ROE)
  • 7.87%Retained earnings to average equity (YTD only)
  • -0.24%Net charge-offs to loans
  • -118.35%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 71,754Assets per employee
  • 3.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.59%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 268.40%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.52%Net loans and leases to deposits
  • 67.50%Net loans and leases to core deposits
  • 73.93%Equity capital to assets
  • 8.53%Core capital (leverage) ratio
  • 7.57%Tier 1 risk-based capital ratio
  • 10.40%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $76,326Average earning assets
  • $6,276Average equity
  • $69,397Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,413Managed Assets
  • 1Number 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
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 215Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,413Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $3,220Fiduciary accounts held in foreign offices

List of branches

  • 4 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011924Keystone Savings Bank330 Western Avenue, Marengo, IA 52301April 27, 1935Full Service Brick and Mortar
    1243489Keystone Branch81 Main Street, Keystone, IA 52249December 21, 1995Full Service Brick and Mortar
    2425245Center Point Branch807 Rosedale Drive, Center Point, IA 52213January 27, 2004Full Service Brick and Mortar
    3478466Pleasant Hill Branch6871 Ne 12th Ave., Pleasant Hill, IA 50327December 27, 2007Full Service Brick and Mortar

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