Liberty Bank & Trust in Odebolt, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1994

  • Liberty Bank & Trust in Odebolt, Iowa (IA)
  • Show street view No street view available for this location

Liberty Bank & Trust - Overview

  • General
  • FDIC Certificate #: 26215
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Bank of Iowa (#958)
    Federal Reserve ID: 259947
    Date Established: April 26, 1985
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 32546
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 26, 1985
    Last Structure Change Effective Date: June 01, 1994
    Last Structure Change Process Date: June 16, 1994
    Last Data Update: June 16, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Main Street, Odebolt, IA 51458
    County: Sac
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $14.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $14,762Cash and due from depository institutions
  • $419Interest-bearing balances
  • $100Securities
  • $3,594Federal funds sold & reverse repurchase agreements
  • $25Net loans & leases
  • $10,316Loan loss allowance
  • $101Trading account assets
  • $0Bank premises and fixed assets
  • $98Other real estate owned
  • $0Goodwill and other intangibles
  • $302Life insurance assets
  • $8All other assets
  • $0Total liabilities and capital
  • $14,762Total liabilities
  • $13,649Total deposits
  • $13,560Interest-bearing deposits
  • $12,484Deposits held in domestic offices
  • 13560.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $89Total equity capital
  • $89Total bank equity capital
  • $1,113Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $336Undivided profits
  • Memoranda
  • $277Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $121Earning assets
  • $14,035Long-term assets (5+ years)
  • $863Average Assets, year-to-date
  • $14,543Average Assets, quarterly
  • $14,755Volatile liabilities
  • $1,208Insider loans
  • $69FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,362Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,105Total risk weighted assets
  • $11,210Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,015Total interest expense
  • $487Net interest income
  • $528Provision for loan and lease losses
  • $14Total noninterest income
  • $71Fiduciary activities
  • $0Service charges on deposit accounts
  • $44Trading account gains & fees
  • $0Additional noninterest income
  • $27Total noninterest expense
  • $435Salaries and employee benefits
  • $178Premises and equipment expense
  • $25Additional noninterest expense
  • $232Pre-tax net operating income
  • $150Securities gains (losses)
  • $0Applicable income taxes
  • $34Income before extraordinary items
  • $116Extraordinary gains - net
  • $0Net income attributable to bank
  • $116Net charge-offs
  • $6Cash dividends
  • $80Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.42%Cost of funding earning assets
  • 3.56%Net interest margin
  • 3.86%Noninterest income to earning assets
  • 0.52%Noninterest expense to earning assets
  • 3.18%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 1.03%Return on equity (ROE)
  • 10.70%Retained earnings to average equity (YTD only)
  • 3.32%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 233.33%Efficiency ratio
  • 71,619Assets per employee
  • 1.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.97%Loss allowance to loans
  • 0.97%Loss allowance to noncurrent loans
  • 10100.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 76.08%Net loans and leases to core deposits
  • 83.52%Equity capital to assets
  • 7.54%Core capital (leverage) ratio
  • 7.37%Tier 1 risk-based capital ratio
  • 9.86%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $14,543Average earning assets
  • $1,084Average equity
  • $13,682Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Liberty Bank & Trust.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents