Peoples State Bank in Manchester, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 04, 2001

  • Peoples State Bank in Manchester, Iowa (IA)
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Peoples State Bank - Overview

  • General
  • FDIC Certificate #: 17497
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Citizens State Bank (#9047)
    Federal Reserve ID: 384540
    Date Established: October 03, 1955
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 9890
    FDIC's unique #: 11478
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 03, 1955
    Last Structure Change Effective Date: September 04, 2001
    Last Structure Change Process Date: September 19, 2001
    Last Data Update: September 19, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1218 West Main Street, Manchester, IA 52057
    County: Delaware
    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
  • Financial Summary
  • Total assets: $42.7 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $43,008Total assets
  • $3,110Cash and due from depository institutions
  • $2,486Interest-bearing balances
  • $3,578Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $33,496Net loans & leases
  • $578Loan loss allowance
  • $0Trading account assets
  • $1,211Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,613All other assets
  • $43,008Total liabilities and capital
  • $40,473Total liabilities
  • $33,977Total deposits
  • $29,451Interest-bearing deposits
  • $33,977Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,300Other borrowed funds
  • $0Subordinated debt
  • $196All other liabilities
  • $2,535Total equity capital
  • $2,535Total bank equity capital
  • $2,535Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,150Undivided profits
  • Memoranda
  • $285Noncurrent loans and leases
  • $4,341Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $694Earning assets
  • $0Long-term assets (5+ years)
  • $485Average Assets, year-to-date
  • $39,560Average Assets, quarterly
  • $6,498Volatile liabilities
  • $42,416Insider loans
  • $42,656FHLB advances
  • $2,297Loans and leases held for sale
  • $475Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,341Total unused commitments
  • $0Restructured Loans and leases
  • $411Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $3,243Total interest income
  • $1,723Total interest expense
  • $1,520Net interest income
  • $1,845Provision for loan and lease losses
  • $301Total noninterest income
  • $0Fiduciary activities
  • $240Service charges on deposit accounts
  • $0Trading account gains & fees
  • $61Additional noninterest income
  • $1,417Total noninterest expense
  • $777Salaries and employee benefits
  • $188Premises and equipment expense
  • $452Additional noninterest expense
  • -$1,441Pre-tax net operating income
  • $0Securities gains (losses)
  • -$593Applicable income taxes
  • -$848Income before extraordinary items
  • $0Extraordinary gains - net
  • -$848Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,807Sale, conversion, retirement of capital stock, net
  • $120Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.24%Yield on earning assets
  • 4.38%Cost of funding earning assets
  • 3.86%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • -2.00%Net operating income to assets
  • -2.00%Return on assets (ROA)
  • -3.40%Pretax return on assets
  • -30.12%Return on equity (ROE)
  • -34.38%Retained earnings to average equity (YTD only)
  • 5.18%Net charge-offs to loans
  • 102.10%Credit loss provision to net charge-offs
  • 0.22%Efficiency ratio
  • 77,814Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -14.15%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 83.29%Noncurrent assets plus other real estate owned to assets
  • 1.61%Noncurrent loans to loans
  • 2.04%Net loans and leases to deposits
  • 98.58%Net loans and leases to core deposits
  • 105.73%Equity capital to assets
  • 5.89%Core capital (leverage) ratio
  • 5.81%Tier 1 risk-based capital ratio
  • 7.73%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $42,416Average earning assets
  • $2,815Average equity
  • $39,367Average loans

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