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

Monroe State Bank - Overview

  • General
  • FDIC Certificate #: 14693
    Status: Active
    Federal Reserve ID: 828745
    Bank Holding Company (Regulatory Top Holder): Monroe Bancshares, Ltd. (RSSDID: 1208287, Location: Monroe, IA)
    Date Established: May 01, 1934
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 9189
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: August 22, 1934
    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: 101 W Washington Street, Monroe, IA 50170
    County: Jasper
    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): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Newton, IA (#35500)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $22.6 mil
    Equity capital: $3.2 mil
    Deposits held in domestic offices: $19.4 mil
    Return on assets (ROA): 0.73% ($0.2 mil)
    Quarterly return on assets: -0.73% (-$0.2 mil)
    Return on Equity (ROE): 5.07% ($0.2 mil)
    Quarterly return on equity: -5.01% (-$0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.76% ($171.7 mil)
    Quarterly Pretax return on assets: -1.83% (-$413.5 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
  • 6Total employees (full-time equivalent)
  • $22,597Total assets
  • $6,088Cash and due from depository institutions
  • $4,380Interest-bearing balances
  • $1,964Securities
  • $1,520Federal funds sold & reverse repurchase agreements
  • $12,300Net loans & leases
  • $161Loan loss allowance
  • $0Trading account assets
  • $57Bank premises and fixed assets
  • $466Other real estate owned
  • $0Goodwill and other intangibles
  • $22,596Life insurance assets
  • $202All other assets
  • $19,410Total liabilities and capital
  • $19,394Total liabilities
  • $16,332Total deposits
  • $19,394Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $16Subordinated debt
  • $3,186All other liabilities
  • $3,186Total equity capital
  • $3,186Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $675Surplus
  • $2,436Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $546Income earned, not collected on loans
  • $0Earning assets
  • $145Long-term assets (5+ years)
  • $20,164Average Assets, year-to-date
  • $792Average Assets, quarterly
  • $22,810Volatile liabilities
  • $22,572Insider loans
  • $16,672FHLB advances
  • $22,951Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,139Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,494Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $943Total interest income
  • $126Total interest expense
  • $817Net interest income
  • -$9Provision for loan and lease losses
  • $113Total noninterest income
  • $0Fiduciary activities
  • $82Service charges on deposit accounts
  • $0Trading account gains & fees
  • $31Additional noninterest income
  • $763Total noninterest expense
  • $509Salaries and employee benefits
  • $116Premises and equipment expense
  • $138Additional noninterest expense
  • $176Pre-tax net operating income
  • -$2Securities gains (losses)
  • $8Applicable income taxes
  • $166Income before extraordinary items
  • $0Extraordinary gains - net
  • $166Net income attributable to bank
  • $0Net charge-offs
  • $166Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $150Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 4.08%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.81%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 5.07%Return on equity (ROE)
  • 0.49%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
  • 82,043Assets per employee
  • 3.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.36%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 29.49%Noncurrent assets plus other real estate owned to assets
  • 4.48%Noncurrent loans to loans
  • 4.38%Net loans and leases to deposits
  • 63.42%Net loans and leases to core deposits
  • 63.42%Equity capital to assets
  • 14.10%Core capital (leverage) ratio
  • 13.68%Tier 1 risk-based capital ratio
  • 18.83%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $22,810Average earning assets
  • $3,274Average equity
  • $20,040Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09189Monroe State Bank101 W Washington Street, Monroe, IA 50170May 01, 1934Full Service Brick and Mortar

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 Monroe State Bank.
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