FDIC Certificate #: 4477 Status: Active Federal Reserve ID: 818540 Bank Holding Company (Regulatory Top Holder): Manning Financial Services, Inc. (RSSDID: 1491838, Location: Manning, IA) Date Established: January 01, 1886 WWW:http://www.fnbmanning.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15806 FDIC's unique #: 2957 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 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: 401 Main Street, Manning, IA 51455 County: Carroll 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: $88.9 mil Equity capital: $10.7 mil Deposits held in domestic offices: $77.7 mil Return on assets (ROA): 0.74% ($0.7 mil) Quarterly return on assets: 0.75% ($0.7 mil) Return on Equity (ROE): 5.77% ($0.6 mil) Quarterly return on equity: 5.64% ($0.6 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.91% ($808.9 mil) Quarterly Pretax return on assets: 0.90% ($800.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$88,889Total assets
$14,238Cash and due from depository institutions
$5,592Interest-bearing balances
$22,276Securities
$16,650Federal funds sold & reverse repurchase agreements
$33,455Net loans & leases
$701Loan loss allowance
$0Trading account assets
$725Bank premises and fixed assets
$635Other real estate owned
$0Goodwill and other intangibles
$88,889Life insurance assets
$910All other assets
$78,203Total liabilities and capital
$77,723Total liabilities
$70,327Total deposits
$77,723Interest-bearing deposits
$64Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$480Subordinated debt
$10,686All other liabilities
$10,686Total equity capital
$10,686Total bank equity capital
$0Perpetual preferred stock
$75Common stock
$150Surplus
$10,461Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$607Long-term assets (5+ years)
$77,973Average Assets, year-to-date
$12,041Average Assets, quarterly
$81,888Volatile liabilities
$81,020Insider loans
$41,670FHLB advances
$76,343Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,373Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,728Restructured Loans and leases
$1,938Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,508Total interest income
$465Total interest expense
$2,043Net interest income
$0Provision for loan and lease losses
$82Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$40Additional noninterest income
$1,377Total noninterest expense
$845Salaries and employee benefits
$130Premises and equipment expense
$402Additional noninterest expense
$748Pre-tax net operating income
$0Securities gains (losses)
$141Applicable income taxes
$607Income before extraordinary items
$0Extraordinary gains - net
$607Net income attributable to bank
$0Net charge-offs
$607Cash dividends
$6Sale, conversion, retirement of capital stock, net
$405Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.37%Yield on earning assets
0.62%Cost of funding earning assets
2.74%Net interest margin
0.11%Noninterest income to earning assets
1.85%Noninterest expense to earning assets
0.74%Net operating income to assets
0.74%Return on assets (ROA)
0.91%Pretax return on assets
5.77%Return on equity (ROE)
1.92%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
124.67%Efficiency ratio
64,800Assets per employee
6.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
66.72%Loss allowance to loans
2.05%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
0.00%Net loans and leases to deposits
43.04%Net loans and leases to core deposits
44.36%Equity capital to assets
12.02%Core capital (leverage) ratio
13.59%Tier 1 risk-based capital ratio
24.89%Total risk-based capital ratio
Memoranda
$26Average assets
$81,888Average earning assets
$10,511Average equity
$74,460Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2957
The First National Bank Of Manning
401 Main Street, Manning, IA 51455
January 01, 1886
Full Service Brick and Mortar
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