State Bank & Trust Co. in city_name, state_name - Detailed Financial Reports, Location

State Bank & Trust Co. in Nevada, Iowa (IA)
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State Bank & Trust Co. routing number info

State Bank & Trust Co. - Overview

General
FDIC Certificate #: 15651
Status: Active
Federal Reserve ID: 229342
Bank Holding Company (Regulatory Top Holder): Ames National Corporation (RSSDID: 1202258, Location: Ames, IA)
Date Established: Febuary 25, 1939
WWW: http://www.banksbt.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 16029
FDIC's unique #: 9929
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: Febuary 25, 1939
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: 1025 Sixth Street, Nevada, IA 50201
County: Story
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
Combined Statistical Area (CSA): Ames-Boone, IA (#112)
Core Based Statistical Area (CBSA): Ames, IA (#11180)
CBSA Metro Statistical Area: Ames, IA (#11180)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $148.8 mil
Equity capital: $15.7 mil
Deposits held in domestic offices: $116.8 mil
Return on assets (ROA): 1.40% ($2.1 mil)
Quarterly return on assets: 1.64% ($2.4 mil)
Return on Equity (ROE): 13.75% ($2.2 mil)
Quarterly return on equity: 16.09% ($2.6 mil)
Net income: $2.1 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.88% ($2,798.2 mil)
Quarterly Pretax return on assets: 2.19% ($3,259.6 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
22Total employees (full-time equivalent)
$148,839Total assets
$18,091Cash and due from depository institutions
$14,459Interest-bearing balances
$45,150Securities
$0Federal funds sold & reverse repurchase agreements
$81,256Net loans & leases
$1,531Loan loss allowance
$0Trading account assets
$1,464Bank premises and fixed assets
$1,024Other real estate owned
$0Goodwill and other intangibles
$148,839Life insurance assets
$1,854All other assets
$133,143Total liabilities and capital
$116,750Total liabilities
$97,361Total deposits
$116,750Interest-bearing deposits
$85Deposits held in domestic offices
11381.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,500Trading liabilities
$0Other borrowed funds
$512Subordinated debt
$15,696All other liabilities
$15,696Total equity capital
$15,696Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$4,000Surplus
$10,696Undivided profits
Memoranda
$0Noncurrent loans and leases
$79Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,997Income earned, not collected on loans
$0Earning assets
$956Long-term assets (5+ years)
$140,865Average Assets, year-to-date
$41,076Average Assets, quarterly
$146,769Volatile liabilities
$152,544Insider loans
$103,661FHLB advances
$145,987Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,613Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$17,929Restructured Loans and leases
$1,607Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,911Total interest income
$1,121Total interest expense
$4,790Net interest income
$401Provision for loan and lease losses
$730Total noninterest income
$136Fiduciary activities
$358Service charges on deposit accounts
$0Trading account gains & fees
$236Additional noninterest income
$2,423Total noninterest expense
$1,363Salaries and employee benefits
$239Premises and equipment expense
$821Additional noninterest expense
$2,696Pre-tax net operating income
$66Securities gains (losses)
$703Applicable income taxes
$2,059Income before extraordinary items
$0Extraordinary gains - net
$2,059Net income attributable to bank
$0Net charge-offs
$2,059Cash dividends
$38Sale, conversion, retirement of capital stock, net
$1,200Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.31%Yield on earning assets
0.82%Cost of funding earning assets
3.50%Net interest margin
0.53%Noninterest income to earning assets
1.77%Noninterest expense to earning assets
1.37%Net operating income to assets
1.40%Return on assets (ROA)
1.88%Pretax return on assets
13.75%Return on equity (ROE)
5.74%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
1055.26%Credit loss provision to net charge-offs
81.50%Efficiency ratio
43,895Assets per employee
6.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.28%Loss allowance to loans
1.85%Loss allowance to noncurrent loans
76.66%Noncurrent assets plus other real estate owned to assets
2.03%Noncurrent loans to loans
2.41%Net loans and leases to deposits
69.60%Net loans and leases to core deposits
80.91%Equity capital to assets
10.55%Core capital (leverage) ratio
10.01%Tier 1 risk-based capital ratio
14.10%Total risk-based capital ratio
Memoranda
$15Average assets
$146,769Average earning assets
$14,972Average equity
$136,989Average 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
$26,239Managed Assets
1Number of Accounts
$25,131Personal trust and agency accounts
$23,499Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$10Investment management agency accounts
$1,622Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
69Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,108Other retirement accounts
$170Corporate trust and agency accounts
$0Other fiduciary accounts
$938Fiduciary accounts held in foreign offices

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	9929	State Bank & Trust Co.	1025 Sixth Street, Nevada, IA 50201	Febuary 25, 1939	Full Service Brick and Mortar
1	234795	Colo Branch	405 Main Street, Colo, IA 50056	Febuary 25, 1939	Full Service Brick and Mortar

State Bank & Trust Co. in Nevada, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank & Trust Co. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

State Bank & Trust Co. in Nevada, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

State Bank & Trust Co. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

State Bank & Trust Co. in Nevada, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches