The Rock Island Bank, National Association in Bettendorf, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1998

  • The Rock Island Bank, National Association in Bettendorf, Iowa (IA)
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The Rock Island Bank, National Association - Overview

  • General
  • FDIC Certificate #: 12119
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Trust Company, National Association (#33854)
    Federal Reserve ID: 1003642
    Date Established: January 11, 1932
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    OTS Docket #: 12928
    FDIC's unique #: 7700
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 13, 1998
    Last Structure Change Process Date: Febuary 01, 1999
    Last Data Update: Febuary 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 3120 Middle Road, Bettendorf, IA 52722
    County: Scott
    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
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • Financial Summary
  • Total assets: $514.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 203Total employees (full-time equivalent)
  • $493,911Total assets
  • $22,387Cash and due from depository institutions
  • $5,047Interest-bearing balances
  • $129,724Securities
  • $9,000Federal funds sold & reverse repurchase agreements
  • $317,712Net loans & leases
  • $6,829Loan loss allowance
  • $0Trading account assets
  • $5,437Bank premises and fixed assets
  • $214Other real estate owned
  • $8Goodwill and other intangibles
  • $0Life insurance assets
  • $9,429All other assets
  • $493,911Total liabilities and capital
  • $454,934Total liabilities
  • $414,470Total deposits
  • $376,627Interest-bearing deposits
  • $414,470Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $31,584Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,000Other borrowed funds
  • $0Subordinated debt
  • $6,880All other liabilities
  • $38,977Total equity capital
  • $38,977Total bank equity capital
  • $38,977Perpetual preferred stock
  • $0Common stock
  • $7,500Surplus
  • $9,250Undivided profits
  • Memoranda
  • $22,227Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,567Earning assets
  • $0Long-term assets (5+ years)
  • $2,197Average Assets, year-to-date
  • $461,483Average Assets, quarterly
  • $66,042Volatile liabilities
  • $460,550Insider loans
  • $486,656FHLB advances
  • $92,929Loans and leases held for sale
  • $5,589Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,861Total risk weighted assets
  • $63,694Total unused commitments
  • $0Restructured Loans and leases
  • $357,021Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $37,749Total interest income
  • $19,130Total interest expense
  • $18,619Net interest income
  • $3,310Provision for loan and lease losses
  • $4,220Total noninterest income
  • $552Fiduciary activities
  • $1,211Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,457Additional noninterest income
  • $10,321Total noninterest expense
  • $5,497Salaries and employee benefits
  • $2,003Premises and equipment expense
  • $2,821Additional noninterest expense
  • $9,208Pre-tax net operating income
  • -$48Securities gains (losses)
  • $3,055Applicable income taxes
  • $6,105Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,105Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,989Sale, conversion, retirement of capital stock, net
  • $2,250Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.86%Yield on earning assets
  • 4.49%Cost of funding earning assets
  • 4.37%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 2.42%Noninterest expense to earning assets
  • 1.33%Net operating income to assets
  • 1.33%Return on assets (ROA)
  • 1.99%Pretax return on assets
  • 16.65%Return on equity (ROE)
  • 10.51%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 166.42%Credit loss provision to net charge-offs
  • 6.29%Efficiency ratio
  • 45,168Assets per employee
  • 2.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.86%Loss allowance to loans
  • 2.10%Loss allowance to noncurrent loans
  • 191.45%Noncurrent assets plus other real estate owned to assets
  • 0.77%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 76.66%Net loans and leases to core deposits
  • 89.46%Equity capital to assets
  • 7.89%Core capital (leverage) ratio
  • 8.08%Tier 1 risk-based capital ratio
  • 10.85%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $460,550Average earning assets
  • $36,663Average equity
  • $426,167Average loans

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