FDIC Certificate #: 13931 Status: Active Federal Reserve ID: 534242 Bank Holding Company (Regulatory Top Holder): Century Bancshares, Inc. (RSSDID: 2598118, Location: Schaller, IA) Date Established: January 01, 1898 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 8715 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 24, 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: 100 West Second, Schaller, IA 51053 County: Sac 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $25.8 mil Equity capital: $2.7 mil Deposits held in domestic offices: $21.6 mil Return on assets (ROA): 1.64% ($0.4 mil) Quarterly return on assets: 1.58% ($0.4 mil) Return on Equity (ROE): 15.72% ($0.5 mil) Quarterly return on equity: 14.64% ($0.4 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 2.07% ($534.6 mil) Quarterly Pretax return on assets: 2.04% ($526.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$25,824Total assets
$990Cash and due from depository institutions
$398Interest-bearing balances
$16,288Securities
$0Federal funds sold & reverse repurchase agreements
$8,086Net loans & leases
$221Loan loss allowance
$0Trading account assets
$3Bank premises and fixed assets
$71Other real estate owned
$0Goodwill and other intangibles
$25,824Life insurance assets
$386All other assets
$23,090Total liabilities and capital
$21,563Total liabilities
$18,926Total deposits
$21,563Interest-bearing deposits
$94Deposits held in domestic offices
1400.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$127Subordinated debt
$2,734All other liabilities
$2,734Total equity capital
$2,734Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$500Surplus
$2,034Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$128Income earned, not collected on loans
$0Earning assets
$221Long-term assets (5+ years)
$24,772Average Assets, year-to-date
$9,086Average Assets, quarterly
$25,737Volatile liabilities
$25,899Insider loans
$13,262FHLB advances
$26,110Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,686Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$938Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,066Total interest income
$189Total interest expense
$877Net interest income
$20Provision for loan and lease losses
$450Total noninterest income
$66Fiduciary activities
$62Service charges on deposit accounts
$0Trading account gains & fees
$322Additional noninterest income
$773Total noninterest expense
$373Salaries and employee benefits
$73Premises and equipment expense
$327Additional noninterest expense
$534Pre-tax net operating income
$0Securities gains (losses)
$112Applicable income taxes
$422Income before extraordinary items
$0Extraordinary gains - net
$422Net income attributable to bank
$0Net charge-offs
$422Cash dividends
-$40Sale, conversion, retirement of capital stock, net
$200Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.41%Yield on earning assets
0.78%Cost of funding earning assets
3.63%Net interest margin
1.86%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
1.64%Net operating income to assets
1.64%Return on assets (ROA)
2.07%Pretax return on assets
15.72%Return on equity (ROE)
8.27%Retained earnings to average equity (YTD only)
-0.50%Net charge-offs to loans
-50.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
58,252Assets per employee
3.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.39%Loss allowance to loans
2.66%Loss allowance to noncurrent loans
172.66%Noncurrent assets plus other real estate owned to assets
0.77%Noncurrent loans to loans
1.54%Net loans and leases to deposits
37.50%Net loans and leases to core deposits
38.50%Equity capital to assets
10.59%Core capital (leverage) ratio
10.29%Tier 1 risk-based capital ratio
20.25%Total risk-based capital ratio
Memoranda
$22Average assets
$25,737Average earning assets
$2,684Average equity
$24,174Average 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
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank of Schaller.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: