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

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 and Trust.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents