Manufacturers Bank & Trust Company in Forest City, Iowa (IA)



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Manufacturers Bank & Trust Company routing number info

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Manufacturers Bank & Trust Company
GeneralFDIC Certificate #: 16307
Status: Active
Federal Reserve ID: 215345
Bank Holding Company (Regulatory Top Holder): Mbt Corp. (RSSDID: 2269977, Location: Forest City, IA)
Date Established: September 01, 1945
WWW: http://www.mbtbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 14046
FDIC's unique #: 10494
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: September 01, 1945
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
LocationAddress: 245 J Street, Forest City, IA 50436
County: Winnebago
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $265.8 mil
Equity capital: $29.8 mil
Deposits held in domestic offices: $214.2 mil
Return on assets (ROA): 1.46% ($3.9 mil)
Quarterly return on assets: 1.63% ($4.3 mil)
Return on Equity (ROE): 13.67% ($4.1 mil)
Quarterly return on equity: 14.55% ($4.4 mil)
Net income: $3.7 mil
Quarterly Net income: $1.1 mil
Pretax return on assets: 1.53% ($4,067.3 mil)
Quarterly Pretax return on assets: 1.70% ($4,519.2 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)
Total employees (full-time equivalent)71
Total assets$265,835
Cash and due from depository institutions$7,066
Interest-bearing balances$2,034
Securities$77,604
Federal funds sold & reverse repurchase agreements$3,735
Net loans & leases$162,881
Loan loss allowance $3,028
Trading account assets$0
Bank premises and fixed assets$1,336
Other real estate owned$1,017
Goodwill and other intangibles$790
All other assets$11,406
Life insurance assets$265,835
Total liabilities and capital$236,030
Total liabilities$214,208
Total deposits$185,343
Interest-bearing deposits$214,208
Deposits held in domestic offices$90
% insured (estimated)5825.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$13,016
Other borrowed funds $0
Subordinated debt $2,981
All other liabilities $29,805
Total equity capital$29,805
Total bank equity capital$29,805
Perpetual preferred stock$0
Common stock$1,500
Surplus$6,700
Undivided profits $21,605
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $55
Income earned, not collected on loans $1,791
Earning assets $30
Long-term assets (5+ years) $2,490
Average Assets, year-to-date $246,254
Average Assets, quarterly $52,660
Volatile liabilities $255,697
Insider loans $261,129
FHLB advances $207,690
Loans and leases held for sale $263,642
Unused loan commitments $6,144
Tier 1 (core) risk-based capital $4,107
Tier 2 risk-based capital $25,604
Total risk weighted assets $0
Total unused commitments $2,037
Restructured Loans and leases $56,200
Derivatives$643
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $11,714
Total interest expense $2,792
Net interest income $8,922
Provision for loan and lease losses $364
Total noninterest income $2,655
Fiduciary activities $0
Service charges on deposit accounts $813
Trading account gains & fees $0
Additional noninterest income $1,842
Total noninterest expense $7,324
Salaries and employee benefits $4,378
Premises and equipment expense $873
Additional noninterest expense $2,073
Pre-tax net operating income $3,889
Securities gains (losses) $16
Applicable income taxes $175
Income before extraordinary items $3,730
Extraordinary gains - net $0
Net income attributable to bank $3,730
Net charge-offs $0
Cash dividends $3,730
Sale, conversion, retirement of capital stock, net $415
Net operating income $1,799
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.93%
Cost of funding earning assets 1.17%
Net interest margin 3.75%
Noninterest income to earning assets 1.12%
Noninterest expense to earning assets 3.08%
Net operating income to assets 1.45%
Return on assets (ROA) 1.46%
Pretax return on assets 1.53%
Return on equity (ROE) 13.67%
Retained earnings to average equity (YTD only) 7.08%
Net charge-offs to loans 0.26%
Credit loss provision to net charge-offs 87.71%
Efficiency ratio10.25%
Assets per employee$61,208
Cash dividends to net income (YTD only)3.74%
Condition Ratios (%)
Loss allowance to loans 48.23%
Loss allowance to noncurrent loans 1.83%
Noncurrent assets plus other real estate owned to assets 169.07%
Noncurrent loans to loans 1.06%
Net loans and leases to deposits1.08%
Net loans and leases to core deposits 76.04%
Equity capital to assets 81.59%
Core capital (leverage) ratio 11.21%
Tier 1 risk-based capital ratio 9.71%
Total risk-based capital ratio 12.33%
Memoranda
Average assets$14
Average earning assets$255,697
Average equity $27,281
Average loans $237,779
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$18,845
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts876
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$18,845
Corporate trust and agency accounts$742
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$18,103
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5 Iowa Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010494Manufacturers Bank & Trust Company245 J Street, Forest City, IA 50436September 01, 1945Full Service Brick and Mortar
1237885Crystal Lake Branch201 State Street, Crystal Lake, IA 50432Febuary 02, 1970Full Service Brick and Mortar
3276985Clear Lake Branch300 1st Avenue North, Clear Lake, IA 50428September 21, 1936Full Service Brick and Mortar
45413106 West Main Street Branch106 West Main Street, Lake Mills, IA 50450April 10, 1928Full Service Brick and Mortar
5428862Clear Lake #2 Branch1919 East Highway 18, Clear Lake, IA 50428June 15, 2004Full Service Brick and Mortar
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