Vitals
  • Total Assets
    58.4M -10.6 %
  • Total Deposits
    51.0M -6.1 %
  • Total Net Loans
    46.1M -18.8 %
  • Net Income
    -1271000.0000
  • Book Value
    4.5M -23.5 %
  • Book Value x2
    8.9M -23.5 %
  • Book Value x3
    13.4M -23.5 %
ROAA

-2.499

ROAE

-32.696

Efficiency Ratio

95.532

Net Interest Margin

3.622

Balance Sheet Highlights
Financial Highlights Corridor State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 58,395 127,859
Total Net Loans 46,082 82,015
Total Deposits 51,032 104,485
Total Equity 4,466 13,822
Profitability
Net Income -1,271 996
Return on Average Assets -2.499 1.082
Return on Average Equity -32.696 10.099
Net Interest Margin 3.622 3.957
Efficiency Ratio 95.532 60.344
Noninterest Income/Revenue -2.69 10.76
Balance Sheet Ratios
Loan-to-Deposit 90.3 75.761
Securities/Assets .019 .215
Total Equity/Total Assets .076 .108
Tangible Equity/Tangible Assets .076 .104
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,453 12,437
Tier 2 Capital 591 1,042
Total Capital 5,044 13,479
Total Risk Weighted Assets 46,685 92,174
Leverage Ratio 7.17 10.102
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.54 14.655
Total Capital Ratio 10.8 15.75

Timeline for Corridor State Bank

Central State Bank

Corridor State Bank was acquired by Central State Bank 13 years

View Profile Oct 23 2010

Corridor State Bank

Corridor State Bank was established 18 years ago and is currently headquartered in Coralville, IA.

Feb 22 2006

Ajj Bancorp, Inc.

Ajj Bancorp, Inc. became a new parent organization for Corridor State Bank.

View Profile Feb 22 2006
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Central State Bank Buyer 228,576 Pooling of Interests Discontinued 10/23/2010
Relationships Role Relationship Start Relationship End
Ajj Bancorp, Inc. Parent 2/22/2006 10/22/2010
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