State Bank & Trust Company in New Hampton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • State Bank & Trust Company in New Hampton, Iowa (IA)
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State Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15503
    Status: Active
    Federal Reserve ID: 231149
    Bank Holding Company (Regulatory Top Holder): Rigler Investment Company (RSSDID: 1210730, Location: New Hampton, IA)
    Date Established: January 01, 1937
    WWW: http://www.ssbank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 15412
    FDIC's unique #: 9803
    Numeric code: 13
    Regulator: FED
    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: June 05, 1937
    Last Structure Change Effective Date: September 24, 2011
    Last Structure Change Process Date: October 04, 2011
    Last Data Update: October 04, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 25 North Chestnut Avenue, New Hampton, IA 50659
    County: Chickasaw
    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
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
    Name Change
  • Financial Summary
  • Total assets: $337.3 mil
    Equity capital: $38.5 mil
    Deposits held in domestic offices: $279.9 mil
    Return on assets (ROA): 1.10% ($3.7 mil)
    Quarterly return on assets: 0.95% ($3.2 mil)
    Return on Equity (ROE): 9.43% ($3.7 mil)
    Quarterly return on equity: 8.09% ($3.2 mil)
    Net income: $3.6 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.15% ($3,878.9 mil)
    Quarterly Pretax return on assets: 0.98% ($3,305.5 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
  • 70Total employees (full-time equivalent)
  • $337,297Total assets
  • $22,693Cash and due from depository institutions
  • $5,722Interest-bearing balances
  • $149,874Securities
  • $626Federal funds sold & reverse repurchase agreements
  • $141,107Net loans & leases
  • $1,112Loan loss allowance
  • $0Trading account assets
  • $5,922Bank premises and fixed assets
  • $793Other real estate owned
  • $8,602Goodwill and other intangibles
  • $337,297Life insurance assets
  • $7,680All other assets
  • $298,747Total liabilities and capital
  • $279,905Total liabilities
  • $232,246Total deposits
  • $279,905Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 9353.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,931Trading liabilities
  • $0Other borrowed funds
  • $1,558Subordinated debt
  • $38,550All other liabilities
  • $38,550Total equity capital
  • $38,550Total bank equity capital
  • $0Perpetual preferred stock
  • $520Common stock
  • $25,387Surplus
  • $12,643Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $493Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,171Income earned, not collected on loans
  • $125Earning assets
  • $2,161Long-term assets (5+ years)
  • $297,329Average Assets, year-to-date
  • $99,032Average Assets, quarterly
  • $325,792Volatile liabilities
  • $332,244Insider loans
  • $189,559FHLB advances
  • $326,295Loans and leases held for sale
  • $3,531Unused loan commitments
  • $2,106Tier 1 (core) risk-based capital
  • $26,514Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,425Total unused commitments
  • $29,769Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,734Total interest income
  • $2,973Total interest expense
  • $9,761Net interest income
  • $290Provision for loan and lease losses
  • $1,719Total noninterest income
  • $233Fiduciary activities
  • $568Service charges on deposit accounts
  • $0Trading account gains & fees
  • $918Additional noninterest income
  • $7,632Total noninterest expense
  • $3,850Salaries and employee benefits
  • $1,357Premises and equipment expense
  • $2,425Additional noninterest expense
  • $3,558Pre-tax net operating income
  • $190Securities gains (losses)
  • $169Applicable income taxes
  • $3,579Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,579Net income attributable to bank
  • $0Net charge-offs
  • $3,579Cash dividends
  • $684Sale, conversion, retirement of capital stock, net
  • $4,250Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.39%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 9.43%Return on equity (ROE)
  • -1.77%Retained earnings to average equity (YTD only)
  • 0.47%Net charge-offs to loans
  • 42.40%Credit loss provision to net charge-offs
  • 5.63%Efficiency ratio
  • 66,481Assets per employee
  • 4.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 118.75%Loss allowance to loans
  • 0.78%Loss allowance to noncurrent loans
  • 94.96%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.82%Net loans and leases to deposits
  • 50.41%Net loans and leases to core deposits
  • 51.36%Equity capital to assets
  • 11.43%Core capital (leverage) ratio
  • 8.13%Tier 1 risk-based capital ratio
  • 13.99%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $325,792Average earning assets
  • $37,942Average equity
  • $290,109Average 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
  • $87,120Managed Assets
  • 1Number of Accounts
  • $24,504Personal trust and agency accounts
  • $21,601Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,903Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 380Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $62,616Other retirement accounts
  • $8,444Corporate trust and agency accounts
  • $2,011Other fiduciary accounts
  • $3,018Fiduciary accounts held in foreign offices

List of branches

  • 10 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09803State Bank & Trust Company25 North Chestnut Avenue, New Hampton, IA 50659January 01, 1937Full Service Brick and Mortar
    16973Security State Calmar Branch102 West Main, Calmar, IA 52132July 18, 1929Full Service Brick and Mortar
    26981Ossian Branch106 E. Main Street, Ossian, IA 52161Febuary 08, 1880Full Service Brick and Mortar
    3465221Security State Bank Branch610 Gilbert St, Charles City, IA 50616June 30, 2007Full Service Brick and Mortar
    45155State Bank & Trust Branch Waverly124 1st Street, Se, Waverly, IA 50677January 01, 1889Full Service Brick and Mortar
    5217923Janesville Branch326 Main, Janesville, IA 50647July 10, 1959Full Service Brick and Mortar
    6217925South 218 Branch1503 Fourth Street S.W., Waverly, IA 50677June 05, 1989Full Service Brick and Mortar
    7217926Village Square Wal-Mart Store Branch1201 Fourth Street S. W., Waverly, IA 50677August 01, 1994Limited Service Retail
    89948Dike Branch561 Main Street, Dike, IA 50624July 19, 1939Full Service Brick and Mortar
    9234939New Hartford Branch716 Main Street, New Hartford, IA 50660August 01, 1987Full Service Brick and Mortar

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