New Albin Savings Bank in New Albin, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


New Albin Savings Bank - Overview

  • General
  • FDIC Certificate #: 8506
    Status: Active
    Federal Reserve ID: 234841
    Date Established: January 01, 1898
    WWW: http://www.newalbinsavingsbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 14541
    FDIC's unique #: 5416
    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: June 03, 2010
    Last Structure Change Process Date: June 03, 2010
    Last Data Update: June 03, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 118 Main Street, New Albin, IA 52160
    County: Allamakee
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    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: $188.3 mil
    Equity capital: $31.7 mil
    Deposits held in domestic offices: $145.0 mil
    Return on assets (ROA): 1.86% ($3.5 mil)
    Quarterly return on assets: 1.76% ($3.3 mil)
    Return on Equity (ROE): 12.00% ($3.8 mil)
    Quarterly return on equity: 10.56% ($3.4 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 2.21% ($4,161.3 mil)
    Quarterly Pretax return on assets: 2.05% ($3,860.0 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
  • 12Total employees (full-time equivalent)
  • $188,294Total assets
  • $1,268Cash and due from depository institutions
  • $0Interest-bearing balances
  • $126,311Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $57,943Net loans & leases
  • $695Loan loss allowance
  • $0Trading account assets
  • $463Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $188,294Life insurance assets
  • $2,309All other assets
  • $156,619Total liabilities and capital
  • $145,049Total liabilities
  • $136,985Total deposits
  • $145,049Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,000Trading liabilities
  • $0Other borrowed funds
  • $2,570Subordinated debt
  • $31,675All other liabilities
  • $31,675Total equity capital
  • $31,675Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,200Surplus
  • $30,375Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $245Income earned, not collected on loans
  • $0Earning assets
  • $1,329Long-term assets (5+ years)
  • $184,254Average Assets, year-to-date
  • $107,861Average Assets, quarterly
  • $188,722Volatile liabilities
  • $189,427Insider loans
  • $74,074FHLB advances
  • $182,696Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $27,385Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,865Restructured Loans and leases
  • $36Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,221Total interest income
  • $2,733Total interest expense
  • $5,488Net interest income
  • $0Provision for loan and lease losses
  • $110Total noninterest income
  • $0Fiduciary activities
  • $71Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39Additional noninterest income
  • $1,422Total noninterest expense
  • $831Salaries and employee benefits
  • $109Premises and equipment expense
  • $482Additional noninterest expense
  • $4,176Pre-tax net operating income
  • $0Securities gains (losses)
  • $664Applicable income taxes
  • $3,512Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,512Net income attributable to bank
  • $0Net charge-offs
  • $3,512Cash dividends
  • -$20Sale, conversion, retirement of capital stock, net
  • $450Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.47%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 2.99%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 0.77%Noninterest expense to earning assets
  • 1.86%Net operating income to assets
  • 1.86%Return on assets (ROA)
  • 2.21%Pretax return on assets
  • 12.00%Return on equity (ROE)
  • 10.46%Retained earnings to average equity (YTD only)
  • -0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 25,402Assets per employee
  • 15.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.81%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 283.67%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 39.95%Net loans and leases to core deposits
  • 41.57%Equity capital to assets
  • 16.82%Core capital (leverage) ratio
  • 14.99%Tier 1 risk-based capital ratio
  • 36.97%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $188,722Average earning assets
  • $29,274Average equity
  • $183,826Average 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
  • $755Managed Assets
  • 1Number of Accounts
  • $294Personal trust and agency accounts
  • $294Employee 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
  • 105Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $461Other retirement accounts
  • $461Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05416New Albin Savings Bank118 Main Street, New Albin, IA 52160January 01, 1898Full Service Brick and Mortar

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