Vitals
  • Total Assets
    23.7M
  • Total Deposits
    20.9M
  • Total Net Loans
    11.0M
  • Net Income
    53000.0000
  • Book Value
    2.5M
  • Book Value x2
    5.1M
  • Book Value x3
    7.6M
ROAA

.438

ROAE

4.247

Efficiency Ratio

78.817

Net Interest Margin

3.365

Balance Sheet Highlights
Financial Highlights Corwith State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 23,695 81,738
Total Net Loans 11,026 50,890
Total Deposits 20,895 66,531
Total Equity 2,531 8,586
Profitability
Net Income 53 623
Return on Average Assets .438 1.288
Return on Average Equity 4.247 12.402
Net Interest Margin 3.365 3.885
Efficiency Ratio 78.817 59.565
Noninterest Income/Revenue 8.964 10.279
Balance Sheet Ratios
Loan-to-Deposit 52.769 74.176
Securities/Assets .451 .456
Total Equity/Total Assets .107 .105
Tangible Equity/Tangible Assets .105 .051
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 2,362 7,687
Tier 2 Capital 165 618
Total Capital 2,527 8,303
Total Risk Weighted Assets 13,050 55,359
Leverage Ratio 9.81 9.67
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 18.1 14.719
Total Capital Ratio 19.36 15.824

Timeline for Corwith State Bank

Iowa State Bank

Corwith State Bank was acquired by Iowa State Bank 20 years

View Profile Aug 30 2003

Corwith State Bancshares, Inc.

Acquisition: Corwith State Bank acquired a new subsidiary, Corwith State Bancshares, Inc. , 20 years

View Profile Aug 29 2003

Corwith State Bancshares, Inc.

Corwith State Bancshares, Inc. became a new parent organization for Corwith State Bank.

View Profile Apr 01 1978

Corwith State Bank

Corwith State Bank was established 75 years ago and is currently headquartered in Corwith, IA.

Jul 17 1948
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Iowa State Bank Buyer 289,958 Acquisition Discontinued 8/30/2003
Corwith State Bancshares, Inc. Seller Acquisition Discontinued 8/29/2003
Relationships Role Relationship Start Relationship End
Corwith State Bancshares, Inc. Parent 6/17/1998 8/28/2003
Corwith State Bancshares, Inc. Parent 12/29/1995 6/16/1998
Corwith State Bancshares, Inc. Parent 12/31/1981 12/28/1995
Corwith State Bancshares, Inc. Parent 12/31/1980 12/30/1981
Corwith State Bancshares, Inc. Parent 4/1/1978 12/30/1980
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