FDIC Certificate #: 8514 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Community Bank (#14904) Federal Reserve ID: 409649 Bank Holding Company (Regulatory Top Holder): Union-Calhoun Investments, Ltd. (RSSDID: 1207507, Location: Rockwell City, IA) Date Established: January 01, 1929 WWW:http://www.union-bankrc.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 11383 FDIC's unique #: 5424 Numeric code: 13 Regulator: FED 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 01, 1934 Last Structure Change Effective Date: March 24, 2012 Last Structure Change Process Date: March 30, 2012 Last Data Update: March 30, 2012 Data Source Date: April 05, 2012
Location
Address: 400 Main Street, Rockwell City, IA 50579 County: Calhoun 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
Financial Summary
Total assets: $38.2 mil Equity capital: $5.5 mil Deposits held in domestic offices: $32.1 mil Return on assets (ROA): 1.49% ($0.6 mil) Quarterly return on assets: 1.49% ($0.6 mil) Return on Equity (ROE): 10.42% ($0.6 mil) Quarterly return on equity: 10.19% ($0.6 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.56% ($595.5 mil) Quarterly Pretax return on assets: 1.55% ($591.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$38,172Total assets
$1,840Cash and due from depository institutions
$0Interest-bearing balances
$14,385Securities
$970Federal funds sold & reverse repurchase agreements
$18,465Net loans & leases
$323Loan loss allowance
$0Trading account assets
$196Bank premises and fixed assets
$481Other real estate owned
$0Goodwill and other intangibles
$38,172Life insurance assets
$1,835All other assets
$32,672Total liabilities and capital
$32,135Total liabilities
$25,863Total deposits
$32,135Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$500Trading liabilities
$0Other borrowed funds
$37Subordinated debt
$5,500All other liabilities
$5,500Total equity capital
$5,500Total bank equity capital
$0Perpetual preferred stock
$96Common stock
$1,404Surplus
$4,000Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$31Income earned, not collected on loans
$0Earning assets
$251Long-term assets (5+ years)
$33,820Average Assets, year-to-date
$13,188Average Assets, quarterly
$37,463Volatile liabilities
$37,818Insider loans
$23,107FHLB advances
$37,896Loans and leases held for sale
$1,307Unused loan commitments
$1,307Tier 1 (core) risk-based capital
$5,406Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,824Restructured Loans and leases
$57Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,344Total interest income
$171Total interest expense
$1,173Net interest income
$0Provision for loan and lease losses
$284Total noninterest income
$6Fiduciary activities
$120Service charges on deposit accounts
$0Trading account gains & fees
$158Additional noninterest income
$893Total noninterest expense
$554Salaries and employee benefits
$76Premises and equipment expense
$263Additional noninterest expense
$564Pre-tax net operating income
$21Securities gains (losses)
$26Applicable income taxes
$559Income before extraordinary items
$0Extraordinary gains - net
$559Net income attributable to bank
$0Net charge-offs
$559Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$326Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.98%Yield on earning assets
0.51%Cost of funding earning assets
3.48%Net interest margin
0.84%Noninterest income to earning assets
2.65%Noninterest expense to earning assets
1.44%Net operating income to assets
1.49%Return on assets (ROA)
1.56%Pretax return on assets
10.42%Return on equity (ROE)
4.34%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,290Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.32%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
1041.94%Noncurrent assets plus other real estate owned to assets
1.34%Noncurrent loans to loans
0.16%Net loans and leases to deposits
57.46%Net loans and leases to core deposits
60.43%Equity capital to assets
14.41%Core capital (leverage) ratio
14.27%Tier 1 risk-based capital ratio
23.40%Total risk-based capital ratio
Memoranda
$25Average assets
$37,463Average earning assets
$5,366Average equity
$33,727Average 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
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