Maxwell State Bank in Maxwell, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Maxwell State Bank - Overview

  • General
  • FDIC Certificate #: 15930
    Status: Active
    Federal Reserve ID: 694146
    Bank Holding Company (Regulatory Top Holder): Dentel Bancorporation (RSSDID: 1133615, Location: Victor, IA)
    Date Established: Febuary 01, 1943
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10162
    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: Febuary 01, 1943
    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: 122 Main Street, Maxwell, IA 50161
    County: Story
    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
    Combined Statistical Area (CSA): Ames-Boone, IA (#112)
    Core Based Statistical Area (CBSA): Ames, IA (#11180)
    CBSA Metro Statistical Area: Ames, IA (#11180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $25.1 mil
    Equity capital: $3.0 mil
    Deposits held in domestic offices: $20.6 mil
    Return on assets (ROA): 2.17% ($0.5 mil)
    Quarterly return on assets: 2.09% ($0.5 mil)
    Return on Equity (ROE): 18.36% ($0.6 mil)
    Quarterly return on equity: 17.23% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 2.29% ($575.3 mil)
    Quarterly Pretax return on assets: 2.20% ($552.7 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
  • 5Total employees (full-time equivalent)
  • $25,121Total assets
  • $2,013Cash and due from depository institutions
  • $99Interest-bearing balances
  • $11,841Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $10,363Net loans & leases
  • $95Loan loss allowance
  • $0Trading account assets
  • $179Bank premises and fixed assets
  • $0Other real estate owned
  • $274Goodwill and other intangibles
  • $25,121Life insurance assets
  • $451All other assets
  • $22,144Total liabilities and capital
  • $20,585Total liabilities
  • $17,445Total deposits
  • $20,585Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,511Trading liabilities
  • $0Other borrowed funds
  • $48Subordinated debt
  • $2,977All other liabilities
  • $2,977Total equity capital
  • $2,977Total bank equity capital
  • $0Perpetual preferred stock
  • $60Common stock
  • $1,450Surplus
  • $1,467Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $263Long-term assets (5+ years)
  • $22,303Average Assets, year-to-date
  • $7,952Average Assets, quarterly
  • $24,708Volatile liabilities
  • $24,522Insider loans
  • $13,818FHLB advances
  • $23,852Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,646Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,614Restructured Loans and leases
  • $1,301Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,111Total interest income
  • $196Total interest expense
  • $915Net interest income
  • $0Provision for loan and lease losses
  • $33Total noninterest income
  • $0Fiduciary activities
  • $29Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4Additional noninterest income
  • $383Total noninterest expense
  • $248Salaries and employee benefits
  • $35Premises and equipment expense
  • $100Additional noninterest expense
  • $565Pre-tax net operating income
  • $0Securities gains (losses)
  • $29Applicable income taxes
  • $536Income before extraordinary items
  • $0Extraordinary gains - net
  • $536Net income attributable to bank
  • $0Net charge-offs
  • $536Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $375Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 1.70%Noninterest expense to earning assets
  • 2.17%Net operating income to assets
  • 2.17%Return on assets (ROA)
  • 2.29%Pretax return on assets
  • 18.36%Return on equity (ROE)
  • 5.52%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 40,401Assets per employee
  • 5.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.96%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 50.34%Net loans and leases to core deposits
  • 51.87%Equity capital to assets
  • 11.85%Core capital (leverage) ratio
  • 11.09%Tier 1 risk-based capital ratio
  • 19.15%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $24,708Average earning assets
  • $2,919Average equity
  • $22,561Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010162Maxwell State Bank122 Main Street, Maxwell, IA 50161Febuary 01, 1943Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Maxwell State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents