Walker State Bank in Walker, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Walker State Bank - Overview

  • General
  • FDIC Certificate #: 16432
    Status: Active
    Federal Reserve ID: 617341
    Bank Holding Company (Regulatory Top Holder): Country Bancorporation (RSSDID: 1203910, Location: Crawfordsville, IA)
    Date Established: May 20, 1946
    WWW: http://www.walkerbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10603
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: May 20, 1946
    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
  • Location
  • Address: 116 Greene Street, Walker, IA 52352
    County: Linn
    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): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $39.2 mil
    Equity capital: $3.2 mil
    Deposits held in domestic offices: $34.2 mil
    Return on assets (ROA): 1.10% ($0.4 mil)
    Quarterly return on assets: 1.22% ($0.5 mil)
    Return on Equity (ROE): 14.06% ($0.4 mil)
    Quarterly return on equity: 15.52% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.67% ($655.4 mil)
    Quarterly Pretax return on assets: 1.90% ($745.7 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
  • 8Total employees (full-time equivalent)
  • $39,248Total assets
  • $1,899Cash and due from depository institutions
  • $1,411Interest-bearing balances
  • $12,786Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $22,411Net loans & leases
  • $341Loan loss allowance
  • $0Trading account assets
  • $293Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $39,248Life insurance assets
  • $1,859All other assets
  • $36,094Total liabilities and capital
  • $34,159Total liabilities
  • $30,059Total deposits
  • $34,159Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 1763.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $172Subordinated debt
  • $3,154All other liabilities
  • $3,154Total equity capital
  • $3,154Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $525Surplus
  • $2,529Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $486Long-term assets (5+ years)
  • $36,608Average Assets, year-to-date
  • $18,773Average Assets, quarterly
  • $38,555Volatile liabilities
  • $40,051Insider loans
  • $29,098FHLB advances
  • $42,744Loans and leases held for sale
  • $1,240Unused loan commitments
  • $1,240Tier 1 (core) risk-based capital
  • $2,999Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,315Restructured Loans and leases
  • $84Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,877Total interest income
  • $447Total interest expense
  • $1,430Net interest income
  • $74Provision for loan and lease losses
  • $111Total noninterest income
  • $0Fiduciary activities
  • $26Service charges on deposit accounts
  • $0Trading account gains & fees
  • $85Additional noninterest income
  • $825Total noninterest expense
  • $567Salaries and employee benefits
  • $101Premises and equipment expense
  • $157Additional noninterest expense
  • $642Pre-tax net operating income
  • $0Securities gains (losses)
  • $219Applicable income taxes
  • $423Income before extraordinary items
  • $0Extraordinary gains - net
  • $423Net income attributable to bank
  • $0Net charge-offs
  • $423Cash dividends
  • $31Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.30%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.33%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 14.06%Return on equity (ROE)
  • 7.41%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 238.71%Credit loss provision to net charge-offs
  • 23.10%Efficiency ratio
  • 53,537Assets per employee
  • 4.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.28%Loss allowance to loans
  • 1.50%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
  • 65.61%Net loans and leases to core deposits
  • 66.10%Equity capital to assets
  • 8.04%Core capital (leverage) ratio
  • 7.02%Tier 1 risk-based capital ratio
  • 10.31%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $38,555Average earning assets
  • $3,008Average equity
  • $35,440Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $59Managed Assets
  • 1Number of Accounts
  • $59Personal trust and agency accounts
  • $59Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010603Walker State Bank116 Greene Street, Walker, IA 52352May 20, 1946Full Service Brick and Mortar

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