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


Sibley State Bank - Overview

  • General
  • FDIC Certificate #: 11764
    Status: Active
    Federal Reserve ID: 598543
    Bank Holding Company (Regulatory Top Holder): Cypress Corporation (RSSDID: 1199808, Location: Omaha, NE)
    Date Established: January 01, 1894
    WWW: http://www.sibleystatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 15826
    FDIC's unique #: 7524
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 05, 2006
    Last Structure Change Process Date: October 05, 2006
    Last Data Update: October 05, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 803 Fourth Avenue, Sibley, IA 51249
    County: Osceola
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $98.2 mil
    Equity capital: $6.7 mil
    Deposits held in domestic offices: $71.6 mil
    Return on assets (ROA): 1.19% ($1.2 mil)
    Quarterly return on assets: 0.92% ($0.9 mil)
    Return on Equity (ROE): 14.36% ($1.0 mil)
    Quarterly return on equity: 12.04% ($0.8 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.84% ($1,806.4 mil)
    Quarterly Pretax return on assets: 1.43% ($1,403.9 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)
  • $98,175Total assets
  • $11,859Cash and due from depository institutions
  • $198Interest-bearing balances
  • $22,184Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $61,723Net loans & leases
  • $744Loan loss allowance
  • $0Trading account assets
  • $829Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $98,175Life insurance assets
  • $1,580All other assets
  • $91,469Total liabilities and capital
  • $71,605Total liabilities
  • $61,642Total deposits
  • $71,605Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 19513.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $351Subordinated debt
  • $6,706All other liabilities
  • $6,706Total equity capital
  • $6,706Total bank equity capital
  • $0Perpetual preferred stock
  • $419Common stock
  • $4,377Surplus
  • $1,910Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6Income earned, not collected on loans
  • $0Earning assets
  • $1,212Long-term assets (5+ years)
  • $84,105Average Assets, year-to-date
  • $8,119Average Assets, quarterly
  • $82,931Volatile liabilities
  • $89,333Insider loans
  • $63,351FHLB advances
  • $83,739Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,601Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,953Restructured Loans and leases
  • $48Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,331Total interest income
  • $465Total interest expense
  • $2,866Net interest income
  • $22Provision for loan and lease losses
  • $329Total noninterest income
  • $1Fiduciary activities
  • $221Service charges on deposit accounts
  • $0Trading account gains & fees
  • $107Additional noninterest income
  • $1,756Total noninterest expense
  • $1,086Salaries and employee benefits
  • $174Premises and equipment expense
  • $496Additional noninterest expense
  • $1,417Pre-tax net operating income
  • $110Securities gains (losses)
  • $542Applicable income taxes
  • $985Income before extraordinary items
  • $0Extraordinary gains - net
  • $985Net income attributable to bank
  • $0Net charge-offs
  • $985Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $900Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.43%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 2.34%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.19%Return on assets (ROA)
  • 1.84%Pretax return on assets
  • 14.36%Return on equity (ROE)
  • 1.24%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -2200.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 54,961Assets per employee
  • 7.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 91.37%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 12400.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 86.20%Net loans and leases to core deposits
  • 95.42%Equity capital to assets
  • 6.83%Core capital (leverage) ratio
  • 7.88%Tier 1 risk-based capital ratio
  • 10.42%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $82,931Average earning assets
  • $6,859Average equity
  • $75,177Average 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
  • $187Managed Assets
  • 1Number of Accounts
  • $187Personal trust and agency accounts
  • $187Employee 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
  • 8Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07524Sibley State Bank803 Fourth Avenue, Sibley, IA 51249January 01, 1894Full Service Brick and Mortar

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