Perpetual Savings Bank, FSB in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 30, 1998

  • Perpetual Savings Bank, FSB in Cedar Rapids, Iowa (IA)
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Perpetual Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 27624
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commercial Federal Bank, a Federal Savings Bank (#30341)
    Federal Reserve ID: 187778
    Date Established: January 01, 1875
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 13
    FDIC's unique #: 40458
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 26, 1956
    Last Structure Change Effective Date: May 30, 1998
    Last Structure Change Process Date: June 11, 1998
    Last Data Update: June 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 700 1st Avenue, N.E., Cedar Rapids, IA 52401
    County: Linn
    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): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • Financial Summary
  • Total assets: $401.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 100Total employees (full-time equivalent)
  • $390,814Total assets
  • $13,260Cash and due from depository institutions
  • $6,301Interest-bearing balances
  • $23,455Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $338,039Net loans & leases
  • $2,577Loan loss allowance
  • $0Trading account assets
  • $7,035Bank premises and fixed assets
  • $0Other real estate owned
  • $148Goodwill and other intangibles
  • $0Life insurance assets
  • $8,877All other assets
  • $390,814Total liabilities and capital
  • $358,804Total liabilities
  • $315,509Total deposits
  • $306,041Interest-bearing deposits
  • $315,509Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $39,335Other borrowed funds
  • $0Subordinated debt
  • $3,960All other liabilities
  • $32,010Total equity capital
  • $32,010Total bank equity capital
  • $32,010Perpetual preferred stock
  • $0Common stock
  • $21Surplus
  • $13,779Undivided profits
  • Memoranda
  • $18,210Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,453Earning assets
  • $0Long-term assets (5+ years)
  • $2,219Average Assets, year-to-date
  • $367,795Average Assets, quarterly
  • $0Volatile liabilities
  • $393,816Insider loans
  • $395,638FHLB advances
  • $64,093Loans and leases held for sale
  • $931Unused loan commitments
  • $38,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $56,454Total unused commitments
  • $0Restructured Loans and leases
  • $282,961Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $30,014Total interest income
  • $19,229Total interest expense
  • $10,785Net interest income
  • $1,133Provision for loan and lease losses
  • $1,931Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,931Additional noninterest income
  • $8,179Total noninterest expense
  • $3,854Salaries and employee benefits
  • $2,218Premises and equipment expense
  • $2,107Additional noninterest expense
  • $3,404Pre-tax net operating income
  • $251Securities gains (losses)
  • $1,433Applicable income taxes
  • $2,222Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,222Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $419Sale, conversion, retirement of capital stock, net
  • $863Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.09%Yield on earning assets
  • 5.18%Cost of funding earning assets
  • 2.91%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 2.20%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.93%Pretax return on assets
  • 7.09%Return on equity (ROE)
  • 4.34%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 270.41%Credit loss provision to net charge-offs
  • 10.83%Efficiency ratio
  • 64,321Assets per employee
  • 3.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.84%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 177.36%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 107.14%Net loans and leases to core deposits
  • 116.26%Equity capital to assets
  • 8.19%Core capital (leverage) ratio
  • 8.19%Tier 1 risk-based capital ratio
  • 11.32%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $393,816Average earning assets
  • $31,333Average equity
  • $371,154Average loans

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