The Emmet County State Bank in Estherville, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Emmet County State Bank in Estherville, Iowa (IA)
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The Emmet County State Bank - Overview

  • General
  • FDIC Certificate #: 18347
    Status: Active
    Federal Reserve ID: 680149
    Bank Holding Company (Regulatory Top Holder): Mwa Bancorporation (RSSDID: 1208371, Location: Estherville, IA)
    Date Established: January 01, 1927
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 12261
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: Febuary 02, 1961
    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: 101 North 6th Street, Estherville, IA 51334
    County: Emmet
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $77.2 mil
    Equity capital: $7.1 mil
    Deposits held in domestic offices: $69.8 mil
    Return on assets (ROA): 0.73% ($0.6 mil)
    Quarterly return on assets: 0.84% ($0.6 mil)
    Return on Equity (ROE): 8.10% ($0.6 mil)
    Quarterly return on equity: 9.42% ($0.7 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.77% ($594.1 mil)
    Quarterly Pretax return on assets: 0.91% ($702.2 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)
  • $77,161Total assets
  • $15,266Cash and due from depository institutions
  • $13,358Interest-bearing balances
  • $16,666Securities
  • $794Federal funds sold & reverse repurchase agreements
  • $41,716Net loans & leases
  • $551Loan loss allowance
  • $0Trading account assets
  • $1,032Bank premises and fixed assets
  • $110Other real estate owned
  • $0Goodwill and other intangibles
  • $77,161Life insurance assets
  • $1,577All other assets
  • $70,086Total liabilities and capital
  • $69,829Total liabilities
  • $53,604Total deposits
  • $69,829Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $130Trading liabilities
  • $0Other borrowed funds
  • $127Subordinated debt
  • $7,075All other liabilities
  • $7,075Total equity capital
  • $7,075Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $2,750Surplus
  • $3,825Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $479Income earned, not collected on loans
  • $60Earning assets
  • $879Long-term assets (5+ years)
  • $72,534Average Assets, year-to-date
  • $11,704Average Assets, quarterly
  • $74,859Volatile liabilities
  • $78,470Insider loans
  • $50,873FHLB advances
  • $78,832Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,998Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,224Restructured Loans and leases
  • $516Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,657Total interest income
  • $301Total interest expense
  • $2,356Net interest income
  • $0Provision for loan and lease losses
  • $210Total noninterest income
  • $18Fiduciary activities
  • $108Service charges on deposit accounts
  • $0Trading account gains & fees
  • $84Additional noninterest income
  • $2,016Total noninterest expense
  • $1,153Salaries and employee benefits
  • $313Premises and equipment expense
  • $550Additional noninterest expense
  • $550Pre-tax net operating income
  • $28Securities gains (losses)
  • $34Applicable income taxes
  • $544Income before extraordinary items
  • $0Extraordinary gains - net
  • $544Net income attributable to bank
  • $0Net charge-offs
  • $544Cash dividends
  • $152Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.82%Yield on earning assets
  • 0.43%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 8.10%Return on equity (ROE)
  • 8.10%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 3.62%Efficiency ratio
  • 78,566Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 115.03%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 59.74%Net loans and leases to core deposits
  • 59.96%Equity capital to assets
  • 9.17%Core capital (leverage) ratio
  • 8.88%Tier 1 risk-based capital ratio
  • 13.76%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $74,859Average earning assets
  • $6,719Average equity
  • $69,642Average 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
  • $9,357Managed Assets
  • 1Number of Accounts
  • $7,975Personal trust and agency accounts
  • $6,986Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $989Non-managed Assets
  • 68Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,382Other retirement accounts
  • $483Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $899Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012261The Emmet County State Bank101 North 6th Street, Estherville, IA 51334January 01, 1927Full Service Brick and Mortar
    1244988Parking Lot Branch501 First Avenue, Estherville, IA 51334October 23, 1961Limited Service Facility
    2244989Ringsted Branch114 Maple Street, Ringsted, IA 50578November 01, 1931Full Service Brick and Mortar

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