Osage Farmers National Bank in Osage, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 05, 1994

Osage Farmers National Bank in Osage, Iowa (IA)
Show street view No street view available for this location

Osage Farmers National Bank - Overview

General
FDIC Certificate #: 4487
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Citizens National Bank (#4433)
Federal Reserve ID: 277147
Date Established: January 01, 1856
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
OTS Docket #: 11081
FDIC's unique #: 2964
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 05, 1994
Last Structure Change Process Date: January 05, 1995
Last Data Update: January 05, 1995
Data Source Date: April 05, 2012
Location
Address: 501 Main Street, Osage, IA 50461
County: Mitchell
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $76.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$22Total assets
$80,537Cash and due from depository institutions
$2,120Interest-bearing balances
$295Securities
$55,507Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$21,183Loan loss allowance
$172Trading account assets
$0Bank premises and fixed assets
$492Other real estate owned
$0Goodwill and other intangibles
$1,235Life insurance assets
$0All other assets
$0Total liabilities and capital
$80,537Total liabilities
$72,717Total deposits
$65,065Interest-bearing deposits
$60,773Deposits held in domestic offices
65065.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$5,527Trading liabilities
$0Other borrowed funds
$1,357Subordinated debt
$0All other liabilities
$768Total equity capital
$768Total bank equity capital
$7,820Perpetual preferred stock
$0Common stock
$1,000Surplus
$5,000Undivided profits
Memoranda
$1,820Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$113Income earned, not collected on loans
$380Earning assets
$76,985Long-term assets (5+ years)
$15,134Average Assets, year-to-date
$78,571Average Assets, quarterly
$79,990Volatile liabilities
$11,650Insider loans
$442FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,289Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,820Total risk weighted assets
$30,236Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$4,966Total interest expense
$2,894Net interest income
$2,072Provision for loan and lease losses
$33Total noninterest income
$274Fiduciary activities
$0Service charges on deposit accounts
$192Trading account gains & fees
$0Additional noninterest income
$82Total noninterest expense
$1,409Salaries and employee benefits
$676Premises and equipment expense
$112Additional noninterest expense
$621Pre-tax net operating income
$904Securities gains (losses)
$3Applicable income taxes
$278Income before extraordinary items
$629Extraordinary gains - net
$0Net income attributable to bank
$629Net charge-offs
$48Cash dividends
$125Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.58%Cost of funding earning assets
3.84%Net interest margin
2.75%Noninterest income to earning assets
0.36%Noninterest expense to earning assets
1.87%Net operating income to assets
0.80%Return on assets (ROA)
0.80%Pretax return on assets
1.15%Return on equity (ROE)
8.25%Retained earnings to average equity (YTD only)
6.61%Net charge-offs to loans
0.26%Credit loss provision to net charge-offs
68.75%Efficiency ratio
60,060Assets per employee
3.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.87%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
152.21%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.53%Net loans and leases to deposits
32.56%Net loans and leases to core deposits
35.13%Equity capital to assets
9.71%Core capital (leverage) ratio
9.81%Tier 1 risk-based capital ratio
25.86%Total risk-based capital ratio
Memoranda
$26Average assets
$78,571Average earning assets
$7,621Average equity
$75,421Average loans

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 Osage Farmers National 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.