United Community Bank in Hartley, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1998

United Community Bank in Hartley, Iowa (IA)
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United Community Bank - Overview

General
FDIC Certificate #: 11769
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Community Bank (#13656)
Federal Reserve ID: 261744
Date Established: January 01, 1892
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 7526
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 1998
Last Structure Change Process Date: Febuary 19, 1998
Last Data Update: Febuary 19, 1998
Data Source Date: April 05, 2012
Location
Address: 91 Third Street N.W., Hartley, IA 51346
County: O'brien
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $25.4 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
11Total employees (full-time equivalent)
$25,370Total assets
$1,194Cash and due from depository institutions
$0Interest-bearing balances
$1,892Securities
$0Federal funds sold & reverse repurchase agreements
$20,651Net loans & leases
$179Loan loss allowance
$0Trading account assets
$762Bank premises and fixed assets
$0Other real estate owned
$311Goodwill and other intangibles
$0Life insurance assets
$560All other assets
$25,370Total liabilities and capital
$23,410Total liabilities
$22,515Total deposits
$19,495Interest-bearing deposits
$22,515Deposits held in domestic offices
0.00%% insured (estimated)
$600Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$295All other liabilities
$1,960Total equity capital
$1,960Total bank equity capital
$1,960Perpetual preferred stock
$0Common stock
$100Surplus
$750Undivided profits
Memoranda
$1,110Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$519Average Assets, year-to-date
$22,543Average Assets, quarterly
$1,798Volatile liabilities
$22,798Insider loans
$24,328FHLB advances
$2,901Loans and leases held for sale
$549Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$500Total unused commitments
$0Restructured Loans and leases
$20,356Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$1,820Total interest income
$933Total interest expense
$887Net interest income
$8Provision for loan and lease losses
$128Total noninterest income
$0Fiduciary activities
$64Service charges on deposit accounts
$0Trading account gains & fees
$64Additional noninterest income
$790Total noninterest expense
$423Salaries and employee benefits
$103Premises and equipment expense
$264Additional noninterest expense
$217Pre-tax net operating income
-$1Securities gains (losses)
$65Applicable income taxes
$151Income before extraordinary items
$0Extraordinary gains - net
$151Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$25Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.92%Yield on earning assets
4.57%Cost of funding earning assets
4.35%Net interest margin
0.63%Noninterest income to earning assets
3.87%Noninterest expense to earning assets
0.67%Net operating income to assets
0.66%Return on assets (ROA)
0.95%Pretax return on assets
7.96%Return on equity (ROE)
6.64%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
114.29%Credit loss provision to net charge-offs
32.14%Efficiency ratio
74,581Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.56%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
91.72%Net loans and leases to core deposits
102.16%Equity capital to assets
7.73%Core capital (leverage) ratio
6.80%Tier 1 risk-based capital ratio
8.01%Total risk-based capital ratio
Memoranda
$9Average assets
$22,798Average earning assets
$1,898Average equity
$20,400Average loans

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