Ohnward Bank & Trust in Cascade, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Ohnward Bank & Trust - Overview

  • General
  • FDIC Certificate #: 10111
    Status: Active
    Federal Reserve ID: 761543
    Bank Holding Company (Regulatory Top Holder): Ohnward Bancshares, Inc. (RSSDID: 1200311, Location: Maquoketa, IA)
    Date Established: Febuary 28, 1903
    WWW: http://www.ohnwardbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 13556
    FDIC's unique #: 6465
    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: October 23, 2009
    Last Structure Change Process Date: November 13, 2009
    Last Data Update: November 13, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 332 1st Avenue West, Cascade, IA 52033
    County: Dubuque
    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
    Metropolitan Statistical Area (MSA): Dubuque, IA (#2200)
    Core Based Statistical Area (CBSA): Dubuque, IA (#20220)
    CBSA Metro Statistical Area: Dubuque, IA (#20220)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Name Change
  • Financial Summary
  • Total assets: $188.8 mil
    Equity capital: $20.9 mil
    Deposits held in domestic offices: $158.4 mil
    Return on assets (ROA): 0.83% ($1.6 mil)
    Quarterly return on assets: 0.88% ($1.7 mil)
    Return on Equity (ROE): 7.53% ($1.6 mil)
    Quarterly return on equity: 7.88% ($1.7 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.18% ($2,228.3 mil)
    Quarterly Pretax return on assets: 1.25% ($2,360.4 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
  • 41Total employees (full-time equivalent)
  • $188,835Total assets
  • $23,331Cash and due from depository institutions
  • $4,655Interest-bearing balances
  • $32,228Securities
  • $715Federal funds sold & reverse repurchase agreements
  • $124,247Net loans & leases
  • $1,836Loan loss allowance
  • $0Trading account assets
  • $2,981Bank premises and fixed assets
  • $962Other real estate owned
  • $1,779Goodwill and other intangibles
  • $188,835Life insurance assets
  • $2,592All other assets
  • $167,929Total liabilities and capital
  • $158,441Total liabilities
  • $139,514Total deposits
  • $158,441Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 3033.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,881Trading liabilities
  • $0Other borrowed funds
  • $574Subordinated debt
  • $20,906All other liabilities
  • $20,906Total equity capital
  • $20,906Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $6,968Surplus
  • $13,788Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $403Income earned, not collected on loans
  • $0Earning assets
  • $1,648Long-term assets (5+ years)
  • $161,845Average Assets, year-to-date
  • $23,425Average Assets, quarterly
  • $181,376Volatile liabilities
  • $186,327Insider loans
  • $135,469FHLB advances
  • $183,848Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,535Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,540Restructured Loans and leases
  • $10,175Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,879Total interest income
  • $2,472Total interest expense
  • $6,407Net interest income
  • $413Provision for loan and lease losses
  • $786Total noninterest income
  • $42Fiduciary activities
  • $398Service charges on deposit accounts
  • $0Trading account gains & fees
  • $346Additional noninterest income
  • $4,645Total noninterest expense
  • $2,520Salaries and employee benefits
  • $502Premises and equipment expense
  • $1,623Additional noninterest expense
  • $2,135Pre-tax net operating income
  • $0Securities gains (losses)
  • $633Applicable income taxes
  • $1,502Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,502Net income attributable to bank
  • $0Net charge-offs
  • $1,502Cash dividends
  • $98Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.37%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • 0.83%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 7.53%Return on equity (ROE)
  • 7.53%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 421.43%Credit loss provision to net charge-offs
  • 26.00%Efficiency ratio
  • 64,076Assets per employee
  • 4.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 455.58%Noncurrent assets plus other real estate owned to assets
  • 0.72%Noncurrent loans to loans
  • 0.32%Net loans and leases to deposits
  • 78.42%Net loans and leases to core deposits
  • 82.29%Equity capital to assets
  • 11.07%Core capital (leverage) ratio
  • 10.08%Tier 1 risk-based capital ratio
  • 13.68%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $181,376Average earning assets
  • $19,937Average equity
  • $165,483Average 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
  • $16,600Managed Assets
  • 1Number of Accounts
  • $6,639Personal trust and agency accounts
  • $2,934Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $302Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,769Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $634Non-managed Assets
  • 46Number of Accounts
  • $0Personal trust and agency accounts
  • $302Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $9,961Other retirement accounts
  • $0Corporate trust and agency accounts
  • $9,774Other fiduciary accounts
  • $187Fiduciary accounts held in foreign offices

List of branches

  • 6 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06465Ohnward Bank & Trust332 1st Avenue West, Cascade, IA 52033Febuary 28, 1903Full Service Brick and Mortar
    1221878Baldwin BranchMain Street, Baldwin, IA 52207December 12, 1994Full Service Brick and Mortar
    213822Monticello Branch307 South Main Street, Monticello, IA 52310September 01, 1903Full Service Brick and Mortar
    3250321Onslow Branch205 Main Street, Onslow, IA 52321August 05, 1991Full Service Brick and Mortar
    445458Cedar Rapids Branch1211 Edgewood Road, Southwest, Cedar Rapids, IA 52404November 18, 1988Full Service Brick and Mortar
    5288545Marion Branch665 Marion Boulevard, Marion, IA 52302November 21, 1988Full Service Brick and Mortar

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