Webster City Federal Savings Bank in Webster City, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Webster City Federal Savings Bank in Webster City, Iowa (IA)
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Webster City Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28989
    Status: Active
    Federal Reserve ID: 935577
    Date Established: June 01, 1934
    WWW: http://www.webcityfed.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 2731
    FDIC's unique #: 41823
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: April 11, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 820 Des Moines St, Webster City, IA 50595
    County: Hamilton
    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
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $90.0 mil
    Equity capital: $11.4 mil
    Deposits held in domestic offices: $74.4 mil
    Return on assets (ROA): 0.08% ($0.1 mil)
    Quarterly return on assets: -1.33% (-$1.2 mil)
    Return on Equity (ROE): 0.65% ($0.1 mil)
    Quarterly return on equity: -10.42% (-$1.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: 0.02% ($18.0 mil)
    Quarterly Pretax return on assets: -2.21% (-$1,987.9 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
  • 19Total employees (full-time equivalent)
  • $89,952Total assets
  • $8,284Cash and due from depository institutions
  • $6,271Interest-bearing balances
  • $23,541Securities
  • $2,739Federal funds sold & reverse repurchase agreements
  • $51,886Net loans & leases
  • $419Loan loss allowance
  • $0Trading account assets
  • $1,429Bank premises and fixed assets
  • $144Other real estate owned
  • $0Goodwill and other intangibles
  • $89,952Life insurance assets
  • $1,929All other assets
  • $78,548Total liabilities and capital
  • $74,433Total liabilities
  • $70,547Total deposits
  • $74,433Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,500Trading liabilities
  • $0Other borrowed funds
  • $1,615Subordinated debt
  • $11,404All other liabilities
  • $11,404Total equity capital
  • $11,404Total bank equity capital
  • $0Perpetual preferred stock
  • $212Common stock
  • $9,088Surplus
  • $2,104Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $223Income earned, not collected on loans
  • $0Earning assets
  • $450Long-term assets (5+ years)
  • $84,437Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $92,797Volatile liabilities
  • $90,719Insider loans
  • $42,600FHLB advances
  • $89,676Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,128Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $66Restructured Loans and leases
  • $433Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,172Total interest income
  • $1,189Total interest expense
  • $2,983Net interest income
  • $174Provision for loan and lease losses
  • $189Total noninterest income
  • $0Fiduciary activities
  • $167Service charges on deposit accounts
  • $0Trading account gains & fees
  • $22Additional noninterest income
  • $2,990Total noninterest expense
  • $1,730Salaries and employee benefits
  • $456Premises and equipment expense
  • $804Additional noninterest expense
  • $8Pre-tax net operating income
  • $13Securities gains (losses)
  • -$54Applicable income taxes
  • $75Income before extraordinary items
  • $0Extraordinary gains - net
  • $75Net income attributable to bank
  • $0Net charge-offs
  • $75Cash dividends
  • -$30Sale, conversion, retirement of capital stock, net
  • $235Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.40%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • 0.07%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • 0.02%Pretax return on assets
  • 0.65%Return on equity (ROE)
  • -1.39%Retained earnings to average equity (YTD only)
  • -0.06%Net charge-offs to loans
  • -580.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 94,262Assets per employee
  • 4.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 313.33%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 187.89%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 69.71%Net loans and leases to core deposits
  • 74.87%Equity capital to assets
  • 12.68%Core capital (leverage) ratio
  • 12.41%Tier 1 risk-based capital ratio
  • 26.12%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $92,797Average earning assets
  • $11,480Average equity
  • $87,615Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041823Webster City Federal Savings Bank820 Des Moines St, Webster City, IA 50595June 01, 1934Full Service Brick and Mortar

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