Peoples Bank in Rock Valley, Iowa (IA), MN
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Peoples Bank in Rock Valley, Iowa (IA), MN
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Peoples Bank - Overview

  • General
  • FDIC Certificate #: 16265
    Status: Active
    Federal Reserve ID: 998844
    Bank Holding Company (Regulatory Top Holder): Peoples Bancorp (RSSDID: 1249646, Location: Rock Valley, IA)
    Date Established: June 01, 1945
    WWW: http://www.peoples-ebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: Yes)
    OTS Docket #: 15434
    FDIC's unique #: 10457
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: June 01, 1945
    Last Structure Change Effective Date: January 10, 2008
    Last Structure Change Process Date: March 27, 2008
    Last Data Update: March 27, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1230 Valley Drive, Rock Valley, IA 51247
    County: Sioux
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $362.4 mil
    Equity capital: $43.5 mil
    Deposits held in domestic offices: $309.2 mil
    Return on assets (ROA): 1.92% ($7.0 mil)
    Quarterly return on assets: 1.81% ($6.6 mil)
    Return on Equity (ROE): 16.62% ($7.1 mil)
    Quarterly return on equity: 15.01% ($6.5 mil)
    Net income: $6.8 mil
    Quarterly Net income: $1.6 mil
    Pretax return on assets: 2.01% ($7,285.1 mil)
    Quarterly Pretax return on assets: 1.90% ($6,886.4 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
  • 83Total employees (full-time equivalent)
  • $362,443Total assets
  • $40,243Cash and due from depository institutions
  • $31,909Interest-bearing balances
  • $25,641Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $277,195Net loans & leases
  • $4,045Loan loss allowance
  • $0Trading account assets
  • $6,353Bank premises and fixed assets
  • $588Other real estate owned
  • $4,992Goodwill and other intangibles
  • $362,443Life insurance assets
  • $7,431All other assets
  • $318,963Total liabilities and capital
  • $309,178Total liabilities
  • $264,693Total deposits
  • $309,178Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 432.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $2,353Subordinated debt
  • $43,480All other liabilities
  • $43,480Total equity capital
  • $43,480Total bank equity capital
  • $0Perpetual preferred stock
  • $284Common stock
  • $13,448Surplus
  • $29,748Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $965Income earned, not collected on loans
  • $0Earning assets
  • $2,919Long-term assets (5+ years)
  • $334,745Average Assets, year-to-date
  • $57,529Average Assets, quarterly
  • $353,533Volatile liabilities
  • $357,065Insider loans
  • $277,894FHLB advances
  • $356,105Loans and leases held for sale
  • $2,407Unused loan commitments
  • $1,655Tier 1 (core) risk-based capital
  • $37,055Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $752Total unused commitments
  • $85,034Restructured Loans and leases
  • $4,881Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,759Total interest income
  • $3,455Total interest expense
  • $13,304Net interest income
  • $420Provision for loan and lease losses
  • $2,907Total noninterest income
  • $584Fiduciary activities
  • $981Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,342Additional noninterest income
  • $8,674Total noninterest expense
  • $4,872Salaries and employee benefits
  • $1,620Premises and equipment expense
  • $2,182Additional noninterest expense
  • $7,117Pre-tax net operating income
  • $1Securities gains (losses)
  • $341Applicable income taxes
  • $6,777Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,777Net income attributable to bank
  • $0Net charge-offs
  • $6,777Cash dividends
  • $515Sale, conversion, retirement of capital stock, net
  • $1,890Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.11%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 1.92%Net operating income to assets
  • 1.92%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 16.62%Return on equity (ROE)
  • 11.99%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 81.55%Credit loss provision to net charge-offs
  • 14.63%Efficiency ratio
  • 53,266Assets per employee
  • 4.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.89%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 419.17%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 89.66%Net loans and leases to core deposits
  • 92.32%Equity capital to assets
  • 12.00%Core capital (leverage) ratio
  • 10.41%Tier 1 risk-based capital ratio
  • 13.33%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $353,533Average earning assets
  • $40,775Average equity
  • $327,818Average 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
  • $159,464Managed Assets
  • 1Number of Accounts
  • $76,779Personal trust and agency accounts
  • $62,489Employee benefit-defined contribution accounts
  • $1,240Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $568Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $12,482Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 677Number of Accounts
  • $0Personal trust and agency accounts
  • $568Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $82,685Other retirement accounts
  • $41,389Corporate trust and agency accounts
  • $14,937Other fiduciary accounts
  • $21,645Fiduciary accounts held in foreign offices

List of branches

  • 6 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010457Peoples Bank1230 Valley Drive, Rock Valley, IA 51247June 01, 1945Full Service Brick and Mortar
    1237782Lester Branch501 Thomas St, Lester, IA 51242May 09, 1977Full Service Brick and Mortar
    2274220Sioux Center Location806 N Main Ave, Sioux Center, IA 51250January 01, 1934Full Service Brick and Mortar
    4364144Akron Location71 Hardy St, Akron, IA 51001March 11, 1999Full Service Brick and Mortar
    6445252Sheldon Location2400 Park Street, Sheldon, IA 51201October 05, 2005Full Service Brick and Mortar
    8180Hawarden Location801 Central St, Hawarden, IA 51023June 30, 1917Full Service Brick and Mortar
  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    76764Jasper Location121 Wall St W, Jasper, MN 56144May 01, 1908Full Service Brick and Mortar

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