Leighton State Bank in Pella, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Leighton State Bank - Overview

  • General
  • FDIC Certificate #: 10118
    Status: Active
    Federal Reserve ID: 936640
    Bank Holding Company (Regulatory Top Holder): Leighton Investment Company (RSSDID: 1137172, Location: Pella, IA)
    Date Established: July 14, 1911
    WWW: http://www.leightonbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6471
    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: 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: 900 Washington Street, Pella, IA 50219
    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: $104.9 mil
    Equity capital: $12.6 mil
    Deposits held in domestic offices: $81.8 mil
    Return on assets (ROA): 1.74% ($1.8 mil)
    Quarterly return on assets: 1.98% ($2.1 mil)
    Return on Equity (ROE): 15.23% ($2.0 mil)
    Quarterly return on equity: 16.53% ($2.1 mil)
    Net income: $1.8 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.83% ($1,920.3 mil)
    Quarterly Pretax return on assets: 2.08% ($2,182.6 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
  • 23Total employees (full-time equivalent)
  • $104,933Total assets
  • $4,640Cash and due from depository institutions
  • $636Interest-bearing balances
  • $19,119Securities
  • $472Federal funds sold & reverse repurchase agreements
  • $76,585Net loans & leases
  • $1,009Loan loss allowance
  • $0Trading account assets
  • $1,209Bank premises and fixed assets
  • $851Other real estate owned
  • $55Goodwill and other intangibles
  • $104,933Life insurance assets
  • $2,002All other assets
  • $92,346Total liabilities and capital
  • $81,827Total liabilities
  • $74,063Total deposits
  • $81,827Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 2766.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,396Trading liabilities
  • $0Other borrowed funds
  • $357Subordinated debt
  • $12,587All other liabilities
  • $12,587Total equity capital
  • $12,587Total bank equity capital
  • $0Perpetual preferred stock
  • $70Common stock
  • $3,979Surplus
  • $8,538Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $286Income earned, not collected on loans
  • $0Earning assets
  • $1,072Long-term assets (5+ years)
  • $96,812Average Assets, year-to-date
  • $22,105Average Assets, quarterly
  • $102,543Volatile liabilities
  • $103,361Insider loans
  • $81,610FHLB advances
  • $100,491Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,663Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,784Restructured Loans and leases
  • $283Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,278Total interest income
  • $1,280Total interest expense
  • $3,998Net interest income
  • $275Provision for loan and lease losses
  • $973Total noninterest income
  • $0Fiduciary activities
  • $239Service charges on deposit accounts
  • $0Trading account gains & fees
  • $734Additional noninterest income
  • $2,816Total noninterest expense
  • $1,722Salaries and employee benefits
  • $266Premises and equipment expense
  • $828Additional noninterest expense
  • $1,880Pre-tax net operating income
  • $0Securities gains (losses)
  • $93Applicable income taxes
  • $1,787Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,787Net income attributable to bank
  • $0Net charge-offs
  • $1,787Cash dividends
  • $302Sale, conversion, retirement of capital stock, net
  • $640Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.47%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 4.14%Net interest margin
  • 1.01%Noninterest income to earning assets
  • 2.92%Noninterest expense to earning assets
  • 1.74%Net operating income to assets
  • 1.74%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 15.23%Return on equity (ROE)
  • 9.78%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 91.06%Credit loss provision to net charge-offs
  • 7.14%Efficiency ratio
  • 56,649Assets per employee
  • 4.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.81%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 352.80%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 93.59%Net loans and leases to core deposits
  • 97.39%Equity capital to assets
  • 12.00%Core capital (leverage) ratio
  • 11.61%Tier 1 risk-based capital ratio
  • 14.29%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $102,543Average earning assets
  • $11,730Average equity
  • $96,527Average loans

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06471Leighton State Bank900 Washington Street, Pella, IA 50219July 14, 1911Full Service Brick and Mortar
    1221892Leighton Branch225 Otley Street, Leighton, IA 50143October 27, 1997Full Service Brick and Mortar

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