Vitals
  • Total Assets
    66.3M 7.1 %
  • Total Deposits
    52.4M 10.4 %
  • Total Net Loans
    39.3M -1.1 %
  • Net Income
    537000.0000 21.5 %
  • Book Value
    6.6M 7.0 %
  • Book Value x2
    13.3M 7.0 %
  • Book Value x3
    19.9M 7.0 %
ROAA

1.121

ROAE

11.548

Efficiency Ratio

73.106

Net Interest Margin

4.217

Balance Sheet Highlights
Financial Highlights Hedrick Savings Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 66,263 140,378
Total Net Loans 39,257 86,562
Total Deposits 52,443 115,449
Total Equity 6,629 15,535
Profitability
Net Income 537 1,202
Return on Average Assets 1.121 1.18
Return on Average Equity 11.548 10.942
Net Interest Margin 4.217 3.865
Efficiency Ratio 73.106 60.207
Noninterest Income/Revenue 19.495 11.587
Balance Sheet Ratios
Loan-to-Deposit 74.857 71.5
Securities/Assets .311 .242
Total Equity/Total Assets .1 .111
Tangible Equity/Tangible Assets .1 .107
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 6,177 13,849
Tier 2 Capital 565 1,118
Total Capital 6,742 14,962
Total Risk Weighted Assets 44,656 98,577
Leverage Ratio 9.62 10.211
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.83 15.271
Total Capital Ratio 15.1 16.374

Timeline for Hedrick Savings Bank

South Ottumwa Savings Bank

Hedrick Savings Bank was acquired by South Ottumwa Savings Bank 12 years

View Profile Dec 17 2011

Hedrick Bancorp, Inc.

Hedrick Bancorp, Inc. became a new parent organization for Hedrick Savings Bank.

View Profile Oct 31 1994

Hedrick Savings Bank

Hedrick Savings Bank was established 90 years ago and is currently headquartered in Ottumwa, IA.

Jan 01 1934
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
South Ottumwa Savings Bank Buyer 400,521 Acquisition Discontinued 12/17/2011
Relationships Role Relationship Start Relationship End
Hedrick Bancorp, Inc. Parent 12/31/2004 12/16/2011
Hedrick Bancorp, Inc. Parent 10/31/1994 12/30/2004
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