Ackley State Bank
Ackley, IA — Domestic Branch of a Domestic Bank
Acquired Jan 2016
Vitals
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Total Assets147.4M -3.5 %
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Total Deposits108.1M -9.7 %
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Total Net Loans100.4M 2.4 %
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Net Income2.1M 10.8 %
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Book Value19.1M 4.9 %
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Book Value x238.2M 4.9 %
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Book Value x357.2M 4.9 %
Balance Sheet Highlights
Financial Highlights | Ackley State Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 147,371 | 185,313 |
Total Net Loans | 100,421 | 123,941 |
Total Deposits | 108,111 | 153,081 |
Total Equity | 19,080 | 20,766 |
Profitability | ||
Net Income | 2,107 | 2,174 |
Return on Average Assets | 1.41 | 1.141 |
Return on Average Equity | 11.383 | 10.149 |
Net Interest Margin | 3.77 | 3.591 |
Efficiency Ratio | 64.102 | 60.496 |
Noninterest Income/Revenue | 22.324 | 13.479 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 92.887 | 76.027 |
Securities/Assets | .199 | .209 |
Total Equity/Total Assets | .129 | .112 |
Tangible Equity/Tangible Assets | .112 | .108 |
Capital Adequacy | ||
Tier 1 Common Capital | 16,249 | 19,423 |
Tier 1 Capital | 16,249 | 19,444 |
Tier 2 Capital | 1,368 | 1,510 |
Total Capital | 17,617 | 20,955 |
Total Risk Weighted Assets | 136,469 | 140,140 |
Leverage Ratio | 11.15 | 10.703 |
Common Equity Tier 1 Capital Ratio | 11.91 | 15.407 |
Tier 1 Capital Ratio | 11.91 | 15.425 |
Total Capital Ratio | 12.91 | 16.463 |
Timeline for Ackley State Bank
Inspired Financial Services, Llc
Inspired Financial Services, Llc became a new subsidiary organization for Ackley State Bank.
View Profile May 20 2011Iowa River Insurance And Realty Inc
Iowa River Insurance And Realty Inc became a new subsidiary organization for Ackley State Bank.
View Profile Feb 01 2001Gnb Insurance Group Inc.
Gnb Insurance Group Inc. became a new subsidiary organization for Ackley State Bank.
View Profile Jan 01 1999Gnb Bancorporation
Gnb Bancorporation became a new parent organization for Ackley State Bank.
View Profile Jan 01 1993Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Gnb Bank | Buyer | 524,679 | Pooling of Interests | Discontinued | 1/1/2016 |
Relationships | Role | Relationship Start | Relationship End |
Gnb Bancorporation | Parent | 1/1/1993 | 12/31/2015 |
Ackley Bancorporation | Parent | 6/30/1983 | 12/31/1992 |
Ackley Bancorporation | Parent | 6/30/1979 | 6/29/1983 |
Ackley Bancorporation | Parent | 12/31/1970 | 6/29/1979 |
Iowa River Insurance And Realty Inc | Subsidary | 6/30/2007 | 12/31/2015 |
Inspired Financial Services, Llc | Subsidary | 5/20/2011 | 12/31/2015 |
Iowa River Insurance And Realty Inc | Subsidary | 2/1/2001 | 6/29/2007 |
Gnb Insurance Group Inc. | Subsidary | 1/1/1999 | 5/30/2002 |
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