Raccoon Valley Bank in Perry, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Raccoon Valley Bank - Overview

  • General
  • FDIC Certificate #: 245
    Status: Active
    Federal Reserve ID: 102342
    Bank Holding Company (Regulatory Top Holder): Perry Investment Company (RSSDID: 1200290, Location: Perry, IA)
    Date Established: January 01, 1927
    WWW: http://www.raccoonvalleybank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13420
    FDIC's unique #: 196
    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: January 01, 1934
    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: 1202 2nd Street, Perry, IA 50220
    County: Dallas
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $186.1 mil
    Equity capital: $16.1 mil
    Deposits held in domestic offices: $168.0 mil
    Return on assets (ROA): 1.22% ($2.3 mil)
    Quarterly return on assets: 1.77% ($3.3 mil)
    Return on Equity (ROE): 13.90% ($2.2 mil)
    Quarterly return on equity: 19.85% ($3.2 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.29% ($2,400.1 mil)
    Quarterly Pretax return on assets: 1.87% ($3,479.2 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
  • 40Total employees (full-time equivalent)
  • $186,056Total assets
  • $18,082Cash and due from depository institutions
  • $11,760Interest-bearing balances
  • $57,255Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $102,890Net loans & leases
  • $1,900Loan loss allowance
  • $0Trading account assets
  • $2,903Bank premises and fixed assets
  • $1,492Other real estate owned
  • $0Goodwill and other intangibles
  • $186,056Life insurance assets
  • $3,434All other assets
  • $169,954Total liabilities and capital
  • $168,011Total liabilities
  • $143,880Total deposits
  • $168,011Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 170.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,144Trading liabilities
  • $0Other borrowed funds
  • $629Subordinated debt
  • $16,102All other liabilities
  • $16,102Total equity capital
  • $16,102Total bank equity capital
  • $0Perpetual preferred stock
  • $1,075Common stock
  • $7,310Surplus
  • $7,717Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,029Income earned, not collected on loans
  • $0Earning assets
  • $1,254Long-term assets (5+ years)
  • $171,905Average Assets, year-to-date
  • $25,746Average Assets, quarterly
  • $180,959Volatile liabilities
  • $180,729Insider loans
  • $169,924FHLB advances
  • $186,864Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,612Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,413Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,667Total interest income
  • $1,022Total interest expense
  • $5,645Net interest income
  • $120Provision for loan and lease losses
  • $1,091Total noninterest income
  • $68Fiduciary activities
  • $426Service charges on deposit accounts
  • $0Trading account gains & fees
  • $597Additional noninterest income
  • $4,281Total noninterest expense
  • $2,354Salaries and employee benefits
  • $668Premises and equipment expense
  • $1,259Additional noninterest expense
  • $2,335Pre-tax net operating income
  • $0Securities gains (losses)
  • $119Applicable income taxes
  • $2,216Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,216Net income attributable to bank
  • $0Net charge-offs
  • $2,216Cash dividends
  • -$2Sale, conversion, retirement of capital stock, net
  • $1,944Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.01%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 3.40%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 2.58%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 13.90%Return on equity (ROE)
  • 1.71%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -6000.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,554Assets per employee
  • 4.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.73%Loss allowance to loans
  • 1.81%Loss allowance to noncurrent loans
  • 184.65%Noncurrent assets plus other real estate owned to assets
  • 1.35%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 61.24%Net loans and leases to core deposits
  • 62.84%Equity capital to assets
  • 8.65%Core capital (leverage) ratio
  • 8.35%Tier 1 risk-based capital ratio
  • 9.19%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $180,959Average earning assets
  • $15,938Average equity
  • $166,148Average 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
  • $12,135Managed Assets
  • 1Number of Accounts
  • $12,005Personal trust and agency accounts
  • $12,005Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 106Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $130Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 5 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0196Raccoon Valley Bank1202 2nd Street, Perry, IA 50220January 01, 1927Full Service Brick and Mortar
    1181393Bagley BranchMain Street, Bagley, IA 50026September 18, 1935Full Service Brick and Mortar
    4176Adel Branch1009 Court Street, Adel, IA 50003October 05, 1914Full Service Brick and Mortar
    5181371Minburn Branch305 Baker Street, Minburn, IA 50167September 03, 1974Full Service Brick and Mortar
    6361689Dallas Center Branch590 Sugar Grove, Dallas Center, IA 50063March 29, 2001Full Service Brick and Mortar

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