Manufacturers Bank & Trust Company in Forest City, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Manufacturers Bank & Trust Company - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 71Total employees (full-time equivalent)
  • $265,835Total assets
  • $7,066Cash and due from depository institutions
  • $2,034Interest-bearing balances
  • $77,604Securities
  • $3,735Federal funds sold & reverse repurchase agreements
  • $162,881Net loans & leases
  • $3,028Loan loss allowance
  • $0Trading account assets
  • $1,336Bank premises and fixed assets
  • $1,017Other real estate owned
  • $790Goodwill and other intangibles
  • $265,835Life insurance assets
  • $11,406All other assets
  • $236,030Total liabilities and capital
  • $214,208Total liabilities
  • $185,343Total deposits
  • $214,208Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 5825.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,016Trading liabilities
  • $0Other borrowed funds
  • $2,981Subordinated debt
  • $29,805All other liabilities
  • $29,805Total equity capital
  • $29,805Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $6,700Surplus
  • $21,605Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $55Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,791Income earned, not collected on loans
  • $30Earning assets
  • $2,490Long-term assets (5+ years)
  • $246,254Average Assets, year-to-date
  • $52,660Average Assets, quarterly
  • $255,697Volatile liabilities
  • $261,129Insider loans
  • $207,690FHLB advances
  • $263,642Loans and leases held for sale
  • $6,144Unused loan commitments
  • $4,107Tier 1 (core) risk-based capital
  • $25,604Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,037Total unused commitments
  • $56,200Restructured Loans and leases
  • $643Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,714Total interest income
  • $2,792Total interest expense
  • $8,922Net interest income
  • $364Provision for loan and lease losses
  • $2,655Total noninterest income
  • $0Fiduciary activities
  • $813Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,842Additional noninterest income
  • $7,324Total noninterest expense
  • $4,378Salaries and employee benefits
  • $873Premises and equipment expense
  • $2,073Additional noninterest expense
  • $3,889Pre-tax net operating income
  • $16Securities gains (losses)
  • $175Applicable income taxes
  • $3,730Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,730Net income attributable to bank
  • $0Net charge-offs
  • $3,730Cash dividends
  • $415Sale, conversion, retirement of capital stock, net
  • $1,799Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 3.75%Net interest margin
  • 1.12%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 1.45%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 1.53%Pretax return on assets
  • 13.67%Return on equity (ROE)
  • 7.08%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 87.71%Credit loss provision to net charge-offs
  • 10.25%Efficiency ratio
  • 61,208Assets per employee
  • 3.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.23%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 169.07%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 76.04%Net loans and leases to core deposits
  • 81.59%Equity capital to assets
  • 11.21%Core capital (leverage) ratio
  • 9.71%Tier 1 risk-based capital ratio
  • 12.33%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $255,697Average earning assets
  • $27,281Average equity
  • $237,779Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $18,845Managed 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
  • 876Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $18,845Other retirement accounts
  • $742Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $18,103Fiduciary accounts held in foreign offices

List of branches

  • 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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