FDIC Certificate #: 5825 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank (#14649) Federal Reserve ID: 432348 Date Established: Febuary 18, 1927 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 3 (Interstate: No) FDIC's unique #: 3983 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: December 15, 2001 Last Structure Change Process Date: January 04, 2002 Last Data Update: January 04, 2002 Data Source Date: April 05, 2012
Location
Address: Main Street, Ute, IA 51060 County: Monona 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: $18.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
9Total employees (full-time equivalent)
$20,727Total assets
$944Cash and due from depository institutions
$97Interest-bearing balances
$4,954Securities
$3,575Federal funds sold & reverse repurchase agreements
$9,160Net loans & leases
$126Loan loss allowance
$0Trading account assets
$440Bank premises and fixed assets
$0Other real estate owned
$1,189Goodwill and other intangibles
$0Life insurance assets
$465All other assets
$20,727Total liabilities and capital
$17,523Total liabilities
$17,182Total deposits
$15,521Interest-bearing deposits
$17,182Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$341All other liabilities
$3,204Total equity capital
$3,204Total bank equity capital
$3,204Perpetual preferred stock
$0Common stock
$100Surplus
$3,071Undivided profits
Memoranda
$33Noncurrent loans and leases
$1,892Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$11Earning assets
$0Long-term assets (5+ years)
$293Average Assets, year-to-date
$17,786Average Assets, quarterly
$490Volatile liabilities
$17,218Insider loans
$20,466FHLB advances
$889Loans and leases held for sale
$91Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,892Total unused commitments
$0Restructured Loans and leases
$126Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$444Total interest income
$211Total interest expense
$233Net interest income
$0Provision for loan and lease losses
$28Total noninterest income
$0Fiduciary activities
$24Service charges on deposit accounts
$0Trading account gains & fees
$4Additional noninterest income
$203Total noninterest expense
$94Salaries and employee benefits
$27Premises and equipment expense
$82Additional noninterest expense
$58Pre-tax net operating income
$0Securities gains (losses)
$29Applicable income taxes
$29Income before extraordinary items
$0Extraordinary gains - net
$29Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$1,050Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.84%Yield on earning assets
1.35%Cost of funding earning assets
1.49%Net interest margin
0.18%Noninterest income to earning assets
1.30%Noninterest expense to earning assets
0.17%Net operating income to assets
0.17%Return on assets (ROA)
0.34%Pretax return on assets
0.96%Return on equity (ROE)
-33.96%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
19.33%Efficiency ratio
67,816Assets per employee
2.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
3620.69%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
1145.45%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.12%Net loans and leases to deposits
53.31%Net loans and leases to core deposits
56.22%Equity capital to assets
15.46%Core capital (leverage) ratio
10.38%Tier 1 risk-based capital ratio
17.64%Total risk-based capital ratio
Memoranda
$19Average assets
$17,218Average earning assets
$3,007Average equity
$15,614Average loans
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