Liberty Bank and Trust in Johnston, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 1998

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

Liberty Bank and Trust - Overview

  • General
  • FDIC Certificate #: 29797
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
    Federal Reserve ID: 223573
    Date Established: November 14, 1936
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4104
    FDIC's unique #: 42631
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 14, 1936
    Last Structure Change Effective Date: Febuary 13, 1998
    Last Structure Change Process Date: March 20, 1998
    Last Data Update: March 20, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 5721 Merle Hay Road, Suite 10, Johnston, IA 50131
    County: Polk
    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
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • Financial Summary
  • Total assets: $111.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $111,823Total assets
  • $8,316Cash and due from depository institutions
  • $2,181Interest-bearing balances
  • $5,041Securities
  • $1,685Federal funds sold & reverse repurchase agreements
  • $92,558Net loans & leases
  • $794Loan loss allowance
  • $0Trading account assets
  • $1,309Bank premises and fixed assets
  • $0Other real estate owned
  • $26Goodwill and other intangibles
  • $0Life insurance assets
  • $2,888All other assets
  • $111,823Total liabilities and capital
  • $104,285Total liabilities
  • $103,259Total deposits
  • $87,426Interest-bearing deposits
  • $103,259Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,026All other liabilities
  • $7,538Total equity capital
  • $7,538Total bank equity capital
  • $7,538Perpetual preferred stock
  • $0Common stock
  • $800Surplus
  • $3,683Undivided profits
  • Memoranda
  • $3,055Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $627Earning assets
  • $0Long-term assets (5+ years)
  • $507Average Assets, year-to-date
  • $101,465Average Assets, quarterly
  • $0Volatile liabilities
  • $106,089Insider loans
  • $108,511FHLB advances
  • $31,325Loans and leases held for sale
  • $103Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $23,496Total unused commitments
  • $0Restructured Loans and leases
  • $79,189Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $9,185Total interest income
  • $4,250Total interest expense
  • $4,935Net interest income
  • $686Provision for loan and lease losses
  • $1,636Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,636Additional noninterest income
  • $4,396Total noninterest expense
  • $2,073Salaries and employee benefits
  • $1,070Premises and equipment expense
  • $1,253Additional noninterest expense
  • $1,489Pre-tax net operating income
  • $4Securities gains (losses)
  • $670Applicable income taxes
  • $823Income before extraordinary items
  • $0Extraordinary gains - net
  • $823Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $579Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.48%Yield on earning assets
  • 4.39%Cost of funding earning assets
  • 5.09%Net interest margin
  • 1.69%Noninterest income to earning assets
  • 4.54%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 11.75%Return on equity (ROE)
  • 11.75%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 118.48%Credit loss provision to net charge-offs
  • 3.76%Efficiency ratio
  • 66,626Assets per employee
  • 1.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 126.63%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 89.64%Net loans and leases to core deposits
  • 128.67%Equity capital to assets
  • 6.74%Core capital (leverage) ratio
  • 6.71%Tier 1 risk-based capital ratio
  • 9.48%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $106,089Average earning assets
  • $7,005Average equity
  • $96,884Average loans

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