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


Luana Savings Bank - Overview

  • General
  • FDIC Certificate #: 253
    Status: Active
    Federal Reserve ID: 674849
    Bank Holding Company (Regulatory Top Holder): Luana Bancorporation (RSSDID: 1209211, Location: Luana, IA)
    Date Established: August 01, 1908
    WWW: http://www.luanasavingsbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 10130
    FDIC's unique #: 202
    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: April 08, 2009
    Last Structure Change Process Date: April 08, 2009
    Last Data Update: April 08, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Harvest Drive, Luana, IA 52156
    County: Clayton
    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
  • Change in Location
  • Financial Summary
  • Total assets: $453.2 mil
    Equity capital: $42.4 mil
    Deposits held in domestic offices: $376.8 mil
    Return on assets (ROA): 1.56% ($7.1 mil)
    Quarterly return on assets: 0.33% ($1.5 mil)
    Return on Equity (ROE): 16.85% ($7.1 mil)
    Quarterly return on equity: 3.48% ($1.5 mil)
    Net income: $6.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.69% ($7,659.3 mil)
    Quarterly Pretax return on assets: 0.54% ($2,447.4 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
  • 51Total employees (full-time equivalent)
  • $453,215Total assets
  • $31,228Cash and due from depository institutions
  • $26,504Interest-bearing balances
  • $62,191Securities
  • $4,411Federal funds sold & reverse repurchase agreements
  • $334,227Net loans & leases
  • $4,250Loan loss allowance
  • $0Trading account assets
  • $5,049Bank premises and fixed assets
  • $2,708Other real estate owned
  • $2,140Goodwill and other intangibles
  • $453,215Life insurance assets
  • $11,261All other assets
  • $410,809Total liabilities and capital
  • $376,842Total liabilities
  • $357,916Total deposits
  • $376,842Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $32,600Trading liabilities
  • $0Other borrowed funds
  • $1,367Subordinated debt
  • $42,406All other liabilities
  • $42,406Total equity capital
  • $42,406Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $17,326Surplus
  • $24,830Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $229Income earned, not collected on loans
  • $0Earning assets
  • $3,515Long-term assets (5+ years)
  • $427,333Average Assets, year-to-date
  • $200,622Average Assets, quarterly
  • $417,855Volatile liabilities
  • $441,238Insider loans
  • $351,590FHLB advances
  • $434,772Loans and leases held for sale
  • $2,270Unused loan commitments
  • $2,270Tier 1 (core) risk-based capital
  • $37,980Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,423Restructured Loans and leases
  • $5,837Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,711Total interest income
  • $6,103Total interest expense
  • $13,608Net interest income
  • $888Provision for loan and lease losses
  • $2,667Total noninterest income
  • $0Fiduciary activities
  • $556Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,111Additional noninterest income
  • $8,334Total noninterest expense
  • $3,665Salaries and employee benefits
  • $684Premises and equipment expense
  • $3,985Additional noninterest expense
  • $7,053Pre-tax net operating income
  • $0Securities gains (losses)
  • $514Applicable income taxes
  • $6,539Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,539Net income attributable to bank
  • $0Net charge-offs
  • $6,539Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $4,127Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 2.12%Noninterest expense to earning assets
  • 1.56%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.69%Pretax return on assets
  • 16.85%Return on equity (ROE)
  • 6.21%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 2336.84%Credit loss provision to net charge-offs
  • 208.97%Efficiency ratio
  • 51,207Assets per employee
  • 8.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.11%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 1855.90%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 88.69%Net loans and leases to core deposits
  • 164.09%Equity capital to assets
  • 9.36%Core capital (leverage) ratio
  • 8.74%Tier 1 risk-based capital ratio
  • 10.80%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $417,855Average earning assets
  • $38,814Average equity
  • $393,081Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $273Managed 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
  • 37Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $273Other retirement accounts
  • $273Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0202Luana Savings Bank100 Harvest Drive, Luana, IA 52156August 01, 1908Full Service Brick and Mortar
    1366311Ossian Branch123 East Main Street, Ossian, IA 52161Febuary 10, 2003Full Service Brick and Mortar
    22961New Hampton Branch22 West Main Street, New Hampton, IA 50659January 01, 1869Full Service Brick and Mortar
    3431418Polk City Branch755 West Bridge Road, Polk City, IA 50226July 21, 2004Full Service Brick and Mortar

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