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

  • Rolfe State Bank in Rolfe, Iowa (IA)
  • Show street view No street view available for this location

Rolfe State Bank - Overview

  • General
  • FDIC Certificate #: 15575
    Status: Active
    Federal Reserve ID: 533740
    Bank Holding Company (Regulatory Top Holder): Dixon Bancshares, Inc. (RSSDID: 1969485, Location: Rolfe, IA)
    Date Established: September 24, 1934
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15859
    FDIC's unique #: 9864
    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 19, 1938
    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: 316 Garfield, Rolfe, IA 50581
    County: Pocahontas
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $42.9 mil
    Equity capital: $4.5 mil
    Deposits held in domestic offices: $34.4 mil
    Return on assets (ROA): 1.49% ($0.6 mil)
    Quarterly return on assets: 1.67% ($0.7 mil)
    Return on Equity (ROE): 14.26% ($0.6 mil)
    Quarterly return on equity: 15.91% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.56% ($668.9 mil)
    Quarterly Pretax return on assets: 1.72% ($737.6 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
  • 13Total employees (full-time equivalent)
  • $42,881Total assets
  • $1,627Cash and due from depository institutions
  • $172Interest-bearing balances
  • $14,980Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,293Net loans & leases
  • $317Loan loss allowance
  • $0Trading account assets
  • $228Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $42,881Life insurance assets
  • $753All other assets
  • $38,413Total liabilities and capital
  • $34,365Total liabilities
  • $26,652Total deposits
  • $34,365Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 3595.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $348Trading liabilities
  • $0Other borrowed funds
  • $105Subordinated debt
  • $4,468All other liabilities
  • $4,468Total equity capital
  • $4,468Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $1,200Surplus
  • $3,068Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $132Income earned, not collected on loans
  • $0Earning assets
  • $510Long-term assets (5+ years)
  • $40,445Average Assets, year-to-date
  • $10,186Average Assets, quarterly
  • $40,692Volatile liabilities
  • $42,220Insider loans
  • $28,848FHLB advances
  • $41,727Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,209Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,495Restructured Loans and leases
  • $175Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,872Total interest income
  • $277Total interest expense
  • $1,595Net interest income
  • $60Provision for loan and lease losses
  • $236Total noninterest income
  • $20Fiduciary activities
  • $132Service charges on deposit accounts
  • $0Trading account gains & fees
  • $84Additional noninterest income
  • $1,135Total noninterest expense
  • $836Salaries and employee benefits
  • $71Premises and equipment expense
  • $228Additional noninterest expense
  • $636Pre-tax net operating income
  • $0Securities gains (losses)
  • $30Applicable income taxes
  • $606Income before extraordinary items
  • $0Extraordinary gains - net
  • $606Net income attributable to bank
  • $0Net charge-offs
  • $606Cash dividends
  • $16Sale, conversion, retirement of capital stock, net
  • $375Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.96%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 14.26%Return on equity (ROE)
  • 5.44%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 375.00%Credit loss provision to net charge-offs
  • 43.50%Efficiency ratio
  • 61,988Assets per employee
  • 3.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 61.88%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 240.15%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.52%Net loans and leases to deposits
  • 73.60%Net loans and leases to core deposits
  • 73.60%Equity capital to assets
  • 10.42%Core capital (leverage) ratio
  • 10.09%Tier 1 risk-based capital ratio
  • 14.59%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $40,692Average earning assets
  • $4,249Average equity
  • $38,315Average 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
  • $4,617Managed Assets
  • 1Number of Accounts
  • $3,639Personal trust and agency accounts
  • $3,639Employee 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
  • 31Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $978Other retirement accounts
  • $153Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09864Rolfe State Bank316 Garfield, Rolfe, IA 50581September 24, 1934Full Service Brick and Mortar
    1362825Pocahontas Branch202 West Elm Avenue, Pocahontas, IA 50574October 22, 2001Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Rolfe State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents