State Federal Savings and Loan Association of Des Moines in Clive, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 11, 2004

  • State Federal Savings and Loan Association of Des Moines in Clive, Iowa (IA)
  • Show street view No street view available for this location

State Federal Savings and Loan Association of Des Moines - Overview

  • General
  • FDIC Certificate #: 27855
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Liberty Bank, F.S.B. (#20594)
    Federal Reserve ID: 644477
    Date Established: January 01, 1926
    WWW: http://www.statefederal.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 394
    FDIC's unique #: 40689
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 25, 1951
    Last Structure Change Effective Date: March 11, 2004
    Last Structure Change Process Date: March 12, 2004
    Last Data Update: March 12, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 13523 University Avenue, Clive, IA 50325
    County: Polk
    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
    Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • Financial Summary
  • Total assets: $89.3 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, 2003)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $89,295Total assets
  • $8,515Cash and due from depository institutions
  • $2,736Interest-bearing balances
  • $773Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $75,151Net loans & leases
  • $772Loan loss allowance
  • $0Trading account assets
  • $3,211Bank premises and fixed assets
  • $141Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,504All other assets
  • $89,295Total liabilities and capital
  • $81,378Total liabilities
  • $71,975Total deposits
  • $67,111Interest-bearing deposits
  • $71,975Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,000Other borrowed funds
  • $0Subordinated debt
  • $403All other liabilities
  • $7,917Total equity capital
  • $7,917Total bank equity capital
  • $7,917Perpetual preferred stock
  • $0Common stock
  • $9Surplus
  • $4,942Undivided profits
  • Memoranda
  • $2,966Noncurrent loans and leases
  • $3,203Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,499Earning assets
  • $0Long-term assets (5+ years)
  • $376Average Assets, year-to-date
  • $78,660Average Assets, quarterly
  • $0Volatile liabilities
  • $92,321Insider loans
  • $89,811FHLB advances
  • $26,205Loans and leases held for sale
  • $605Unused loan commitments
  • $9,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,203Total unused commitments
  • $1,214Restructured Loans and leases
  • $712Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $5,735Total interest income
  • $2,818Total interest expense
  • $2,917Net interest income
  • $699Provision for loan and lease losses
  • $744Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $744Additional noninterest income
  • $3,284Total noninterest expense
  • $1,845Salaries and employee benefits
  • $675Premises and equipment expense
  • $764Additional noninterest expense
  • -$322Pre-tax net operating income
  • $195Securities gains (losses)
  • -$167Applicable income taxes
  • $40Income before extraordinary items
  • $0Extraordinary gains - net
  • $40Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $630Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.82%Yield on earning assets
  • 3.35%Cost of funding earning assets
  • 3.47%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 3.91%Noninterest expense to earning assets
  • -0.09%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • 0.51%Return on equity (ROE)
  • 0.51%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 110.95%Credit loss provision to net charge-offs
  • 0.60%Efficiency ratio
  • 89,702Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 17.16%Noncurrent assets plus other real estate owned to assets
  • 5.20%Noncurrent loans to loans
  • 5.93%Net loans and leases to deposits
  • 104.41%Net loans and leases to core deposits
  • 137.21%Equity capital to assets
  • 8.87%Core capital (leverage) ratio
  • 8.86%Tier 1 risk-based capital ratio
  • 13.87%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $92,321Average earning assets
  • $7,850Average equity
  • $84,061Average loans

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 State Federal Savings and Loan Association of Des Moines.
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.
Table of Contents