Premier Bank in Dubuque, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Premier Bank - Overview

  • General
  • FDIC Certificate #: 34849
    Status: Active
    Federal Reserve ID: 2687133
    Bank Holding Company (Regulatory Top Holder): Premier Financial Corp. (RSSDID: 2687124, Location: Dubuque, IA)
    Date Established: October 13, 1998
    WWW: http://www.premierbanking.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 61808
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 13, 1998
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2625 Northwest Arterial, Dubuque, IA 52002
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $267.1 mil
    Equity capital: $23.0 mil
    Deposits held in domestic offices: $200.9 mil
    Return on assets (ROA): 0.15% ($0.4 mil)
    Quarterly return on assets: -0.79% (-$2.1 mil)
    Return on Equity (ROE): 1.79% ($0.4 mil)
    Quarterly return on equity: -8.86% (-$2.0 mil)
    Net income: $0.4 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: 0.16% ($427.4 mil)
    Quarterly Pretax return on assets: -0.82% (-$2,190.4 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
  • 62Total employees (full-time equivalent)
  • $267,126Total assets
  • $21,063Cash and due from depository institutions
  • $9,629Interest-bearing balances
  • $70,156Securities
  • $281Federal funds sold & reverse repurchase agreements
  • $162,270Net loans & leases
  • $2,678Loan loss allowance
  • $0Trading account assets
  • $4,796Bank premises and fixed assets
  • $2,682Other real estate owned
  • $0Goodwill and other intangibles
  • $267,126Life insurance assets
  • $5,878All other assets
  • $244,118Total liabilities and capital
  • $200,907Total liabilities
  • $174,969Total deposits
  • $200,907Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 15377.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $25,435Trading liabilities
  • $0Other borrowed funds
  • $2,399Subordinated debt
  • $23,008All other liabilities
  • $23,008Total equity capital
  • $23,008Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $19,871Surplus
  • $3,127Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,550Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,061Income earned, not collected on loans
  • $0Earning assets
  • $882Long-term assets (5+ years)
  • $242,336Average Assets, year-to-date
  • $54,896Average Assets, quarterly
  • $275,535Volatile liabilities
  • $266,424Insider loans
  • $214,149FHLB advances
  • $266,735Loans and leases held for sale
  • $1,979Unused loan commitments
  • $1,979Tier 1 (core) risk-based capital
  • $25,797Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,441Restructured Loans and leases
  • $3,953Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,572Total interest income
  • $3,493Total interest expense
  • $9,079Net interest income
  • $27Provision for loan and lease losses
  • -$1,822Total noninterest income
  • $0Fiduciary activities
  • $166Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,988Additional noninterest income
  • $7,426Total noninterest expense
  • $3,910Salaries and employee benefits
  • $853Premises and equipment expense
  • $2,663Additional noninterest expense
  • -$196Pre-tax net operating income
  • $636Securities gains (losses)
  • $17Applicable income taxes
  • $423Income before extraordinary items
  • $0Extraordinary gains - net
  • $423Net income attributable to bank
  • $0Net charge-offs
  • $423Cash dividends
  • $307Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 3.60%Net interest margin
  • -0.72%Noninterest income to earning assets
  • 2.94%Noninterest expense to earning assets
  • -0.07%Net operating income to assets
  • 0.15%Return on assets (ROA)
  • 0.16%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 1.79%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 8.79%Credit loss provision to net charge-offs
  • -0.55%Efficiency ratio
  • 102,329Assets per employee
  • 4.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 252.40%Noncurrent assets plus other real estate owned to assets
  • 1.40%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 80.77%Net loans and leases to core deposits
  • 90.22%Equity capital to assets
  • 8.61%Core capital (leverage) ratio
  • 9.67%Tier 1 risk-based capital ratio
  • 12.05%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $275,535Average earning assets
  • $23,632Average equity
  • $252,444Average loans

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061808Premier Bank2625 Northwest Arterial, Dubuque, IA 52002October 13, 1998Full Service Brick and Mortar
    1360812Ninth Street Branch140 W. 9th Street, Dubuque, IA 52001April 30, 2001Full Service Brick and Mortar
    3447377Jfk Branch1975 Jfk Road, Dubuque, IA 52002January 17, 2006Full Service Brick and Mortar

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