The Libertyville Savings Bank in Fairfield, Iowa (IA)



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The Libertyville Savings Bank routing number info

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The Libertyville Savings Bank
GeneralFDIC Certificate #: 13712
Status: Active
Federal Reserve ID: 857745
Bank Holding Company (Regulatory Top Holder): Village Investment Company (RSSDID: 2260376, Location: Libertyville, IA)
Date Established: September 16, 1901
WWW: http://www.libertyvillesavingsbank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 10669
FDIC's unique #: 8570
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: January 15, 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
LocationAddress: 2000 West Jefferson, Fairfield, IA 52556
County: Jefferson
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $196.7 mil
Equity capital: $21.1 mil
Deposits held in domestic offices: $164.1 mil
Return on assets (ROA): 1.65% ($3.3 mil)
Quarterly return on assets: 1.22% ($2.4 mil)
Return on Equity (ROE): 15.98% ($3.4 mil)
Quarterly return on equity: 11.36% ($2.4 mil)
Net income: $3.0 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.74% ($3,422.6 mil)
Quarterly Pretax return on assets: 1.29% ($2,537.4 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)
Total employees (full-time equivalent)33
Total assets$196,701
Cash and due from depository institutions$20,156
Interest-bearing balances$5,316
Securities$49,237
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$120,214
Loan loss allowance $1,530
Trading account assets$0
Bank premises and fixed assets$2,272
Other real estate owned$951
Goodwill and other intangibles$0
All other assets$3,871
Life insurance assets$196,701
Total liabilities and capital$175,596
Total liabilities$164,138
Total deposits$137,556
Interest-bearing deposits$164,138
Deposits held in domestic offices$88
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$10,900
Other borrowed funds $0
Subordinated debt $558
All other liabilities $21,105
Total equity capital$21,105
Total bank equity capital$21,105
Perpetual preferred stock$0
Common stock$155
Surplus$6,140
Undivided profits $14,810
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $3,955
Earning assets $0
Long-term assets (5+ years) $1,991
Average Assets, year-to-date $174,767
Average Assets, quarterly $44,637
Volatile liabilities $184,906
Insider loans $194,376
FHLB advances $136,739
Loans and leases held for sale $193,224
Unused loan commitments $719
Tier 1 (core) risk-based capital $719
Tier 2 risk-based capital $19,559
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $14,930
Derivatives$1,009
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,214
Total interest expense $2,072
Net interest income $7,142
Provision for loan and lease losses $600
Total noninterest income $716
Fiduciary activities $1
Service charges on deposit accounts $504
Trading account gains & fees $0
Additional noninterest income $211
Total noninterest expense $4,348
Salaries and employee benefits $2,314
Premises and equipment expense $792
Additional noninterest expense $1,242
Pre-tax net operating income $2,910
Securities gains (losses) $299
Applicable income taxes $165
Income before extraordinary items $3,044
Extraordinary gains - net $0
Net income attributable to bank $3,044
Net charge-offs $0
Cash dividends $3,044
Sale, conversion, retirement of capital stock, net $953
Net operating income $770
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.54%
Cost of funding earning assets 1.24%
Net interest margin 4.29%
Noninterest income to earning assets 0.43%
Noninterest expense to earning assets 2.61%
Net operating income to assets 1.49%
Return on assets (ROA) 1.65%
Pretax return on assets 1.74%
Return on equity (ROE) 15.98%
Retained earnings to average equity (YTD only) 11.94%
Net charge-offs to loans 0.77%
Credit loss provision to net charge-offs 62.96%
Efficiency ratio3.68%
Assets per employee$55,332
Cash dividends to net income (YTD only)5.96%
Condition Ratios (%)
Loss allowance to loans 25.30%
Loss allowance to noncurrent loans 1.26%
Noncurrent assets plus other real estate owned to assets 38.69%
Noncurrent loans to loans 2.49%
Net loans and leases to deposits3.25%
Net loans and leases to core deposits 73.24%
Equity capital to assets 75.70%
Core capital (leverage) ratio 10.73%
Tier 1 risk-based capital ratio 10.12%
Total risk-based capital ratio 14.30%
Memoranda
Average assets$15
Average earning assets$184,906
Average equity $19,048
Average loans $166,429
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$523
Number of Accounts1
Personal trust and agency accounts$523
Employee benefit-defined contribution accounts$523
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts1
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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4 Iowa Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08570The Libertyville Savings Bank2000 West Jefferson, Fairfield, IA 52556September 16, 1901Full Service Brick and Mortar
2229895Libertyville Branch106 West Maple, Libertyville, IA 52567April 22, 1996Full Service Brick and Mortar
3229896Eldon Branch403 West Elm, Eldon, IA 52554July 24, 1997Full Service Brick and Mortar
4463378Keosauqua Branch20390 Highway 1 North, Keosauqua, IA 52565April 27, 2007Full Service Brick and Mortar
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