FDIC Certificate #: 1860 Status: Active Federal Reserve ID: 700140 Date Established: January 10, 1891 WWW:http://www.montestbk.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 1238 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: January 01, 1934 Last Structure Change Effective Date: May 27, 2010 Last Structure Change Process Date: May 27, 2010 Last Data Update: May 27, 2010 Data Source Date: April 05, 2012
Location
Address: 101 South 4th Street, Montezuma, IA 50171 County: Poweshiek 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
Change in Location
Financial Summary
Total assets: $39.4 mil Equity capital: $7.6 mil Deposits held in domestic offices: $31.6 mil Return on assets (ROA): 0.57% ($0.2 mil) Quarterly return on assets: 0.86% ($0.3 mil) Return on Equity (ROE): 3.11% ($0.2 mil) Quarterly return on equity: 4.47% ($0.4 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.84% ($331.3 mil) Quarterly Pretax return on assets: 1.25% ($493.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
11Total employees (full-time equivalent)
$39,446Total assets
$9,313Cash and due from depository institutions
$6,200Interest-bearing balances
$2,530Securities
$5,475Federal funds sold & reverse repurchase agreements
$20,541Net loans & leases
$662Loan loss allowance
$0Trading account assets
$67Bank premises and fixed assets
$571Other real estate owned
$0Goodwill and other intangibles
$39,446Life insurance assets
$949All other assets
$31,829Total liabilities and capital
$31,578Total liabilities
$25,970Total deposits
$31,578Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$251Subordinated debt
$7,617All other liabilities
$7,617Total equity capital
$7,617Total bank equity capital
$0Perpetual preferred stock
$120Common stock
$1,180Surplus
$6,317Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,171Income earned, not collected on loans
$0Earning assets
$289Long-term assets (5+ years)
$34,746Average Assets, year-to-date
$3,971Average Assets, quarterly
$41,111Volatile liabilities
$39,445Insider loans
$24,279FHLB advances
$39,474Loans and leases held for sale
$457Unused loan commitments
$457Tier 1 (core) risk-based capital
$7,609Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$232Restructured Loans and leases
$244Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,537Total interest income
$208Total interest expense
$1,329Net interest income
$79Provision for loan and lease losses
$160Total noninterest income
$0Fiduciary activities
$132Service charges on deposit accounts
$0Trading account gains & fees
$28Additional noninterest income
$1,066Total noninterest expense
$628Salaries and employee benefits
$104Premises and equipment expense
$334Additional noninterest expense
$344Pre-tax net operating income
$0Securities gains (losses)
$109Applicable income taxes
$235Income before extraordinary items
$0Extraordinary gains - net
$235Net income attributable to bank
$0Net charge-offs
$235Cash dividends
$75Sale, conversion, retirement of capital stock, net
$102Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.21%Yield on earning assets
0.57%Cost of funding earning assets
3.64%Net interest margin
0.44%Noninterest income to earning assets
2.92%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.84%Pretax return on assets
3.11%Return on equity (ROE)
1.76%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
105.33%Credit loss provision to net charge-offs
5.64%Efficiency ratio
71,592Assets per employee
3.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.40%Loss allowance to loans
3.12%Loss allowance to noncurrent loans
56.53%Noncurrent assets plus other real estate owned to assets
4.42%Noncurrent loans to loans
5.52%Net loans and leases to deposits
65.05%Net loans and leases to core deposits
65.57%Equity capital to assets
19.31%Core capital (leverage) ratio
19.28%Tier 1 risk-based capital ratio
31.34%Total risk-based capital ratio
Memoranda
$33Average assets
$41,111Average earning assets
$7,566Average equity
$36,499Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
1238
Montezuma State Bank
101 South 4th Street, Montezuma, IA 50171
January 10, 1891
Full Service Brick and Mortar
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