The Clinton National Bank in Clinton, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Clinton National Bank - Overview

  • General
  • FDIC Certificate #: 4439
    Status: Active
    Federal Reserve ID: 773443
    Bank Holding Company (Regulatory Top Holder): W. J. Young & Co. (RSSDID: 1234491, Location: Clinton, IA)
    Date Established: May 01, 1865
    WWW: http://www.clintonnational.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 13625
    FDIC's unique #: 2932
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 23, 2007
    Last Structure Change Process Date: April 02, 2007
    Last Data Update: April 02, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 235 Sixth Avenue, South, Clinton, IA 52732
    County: Clinton
    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
    Core Based Statistical Area (CBSA): Clinton, IA (#17540)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $369.6 mil
    Equity capital: $48.8 mil
    Deposits held in domestic offices: $301.9 mil
    Return on assets (ROA): 0.66% ($2.4 mil)
    Quarterly return on assets: 0.70% ($2.6 mil)
    Return on Equity (ROE): 5.30% ($2.6 mil)
    Quarterly return on equity: 5.35% ($2.6 mil)
    Net income: $2.4 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.69% ($2,550.1 mil)
    Quarterly Pretax return on assets: 0.74% ($2,734.8 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
  • 99Total employees (full-time equivalent)
  • $369,574Total assets
  • $29,450Cash and due from depository institutions
  • $26,898Interest-bearing balances
  • $143,174Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $176,390Net loans & leases
  • $1,762Loan loss allowance
  • $0Trading account assets
  • $5,489Bank premises and fixed assets
  • $620Other real estate owned
  • $4,069Goodwill and other intangibles
  • $369,574Life insurance assets
  • $5,382All other assets
  • $320,779Total liabilities and capital
  • $301,916Total liabilities
  • $266,088Total deposits
  • $301,916Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 17437.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,426Subordinated debt
  • $48,795All other liabilities
  • $48,795Total equity capital
  • $48,795Total bank equity capital
  • $0Perpetual preferred stock
  • $963Common stock
  • $963Surplus
  • $46,869Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,342Income earned, not collected on loans
  • $0Earning assets
  • $2,345Long-term assets (5+ years)
  • $351,462Average Assets, year-to-date
  • $161,330Average Assets, quarterly
  • $363,511Volatile liabilities
  • $371,681Insider loans
  • $207,495FHLB advances
  • $357,582Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $39,397Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $49,610Restructured Loans and leases
  • $273Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,429Total interest income
  • $2,727Total interest expense
  • $11,702Net interest income
  • $675Provision for loan and lease losses
  • $2,474Total noninterest income
  • $649Fiduciary activities
  • $639Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,186Additional noninterest income
  • $11,235Total noninterest expense
  • $6,487Salaries and employee benefits
  • $1,304Premises and equipment expense
  • $3,444Additional noninterest expense
  • $2,266Pre-tax net operating income
  • $232Securities gains (losses)
  • $110Applicable income taxes
  • $2,388Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,388Net income attributable to bank
  • $0Net charge-offs
  • $2,388Cash dividends
  • $546Sale, conversion, retirement of capital stock, net
  • $557Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 3.40%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.26%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 5.30%Return on equity (ROE)
  • 4.07%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 123.63%Credit loss provision to net charge-offs
  • 5.39%Efficiency ratio
  • 78,471Assets per employee
  • 3.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.32%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 75.23%Noncurrent assets plus other real estate owned to assets
  • 0.80%Noncurrent loans to loans
  • 1.31%Net loans and leases to deposits
  • 58.42%Net loans and leases to core deposits
  • 59.37%Equity capital to assets
  • 13.20%Core capital (leverage) ratio
  • 11.02%Tier 1 risk-based capital ratio
  • 18.99%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $363,511Average earning assets
  • $45,022Average equity
  • $344,545Average 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
  • $175,781Managed Assets
  • 1Number of Accounts
  • $123,690Personal trust and agency accounts
  • $73,857Employee benefit-defined contribution accounts
  • $19,148Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7,486Corporate trust and agency accounts
  • $1,538Investment management agency accounts
  • $18,684Other fiduciary accounts
  • $2,977Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 431Number of Accounts
  • $0Personal trust and agency accounts
  • $7,329Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $52,091Other retirement accounts
  • $1,967Corporate trust and agency accounts
  • $44,765Other fiduciary accounts
  • $3,385Fiduciary accounts held in foreign offices

List of branches

  • 9 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02932The Clinton National Bank235 Sixth Avenue, South, Clinton, IA 52732May 01, 1865Full Service Brick and Mortar
    1203696Lincolnway Branch2350 Lincolnway, Clinton, IA 52732July 20, 1970Full Service Brick and Mortar
    212747Camanche Branch817 9th Street, Camanche, IA 52730October 01, 1963Full Service Brick and Mortar
    3203697Lyons Branch1912 North 2nd Street, Clinton, IA 52732July 15, 1998Full Service Brick and Mortar
    4193Preston Community Branch1 West White Street, Preston, IA 52069January 01, 1914Full Service Brick and Mortar
    53982Andover Branch4330 140th Street, Andover, IA 52701October 10, 1906Full Service Brick and Mortar
    6208214Sabula Branch404 Sycamore, Sabula, IA 52070January 02, 1936Full Service Brick and Mortar
    71020329 Ferry Road Branch329 Ferry Road, Miles, IA 52064January 01, 1905Full Service Brick and Mortar
    8181390Delmar Branch301 Western Avenue, Delmar, IA 52037August 02, 1996Full Service Brick and Mortar

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