Vitals
  • Total Assets
    173.2M -0.8 %
  • Total Deposits
    152.2M -1.5 %
  • Total Net Loans
    112.4M -1.0 %
  • Net Income
    1.6M -0.6 %
  • Book Value
    20.6M 5.2 %
  • Book Value x2
    41.3M 5.2 %
  • Book Value x3
    61.9M 5.2 %
ROAA

.911

ROAE

7.825

Efficiency Ratio

58.318

Net Interest Margin

3.494

Balance Sheet Highlights
Financial Highlights Houghton State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 173,226 198,346
Total Net Loans 112,418 133,864
Total Deposits 152,174 165,124
Total Equity 20,627 22,060
Profitability
Net Income 1,585 2,310
Return on Average Assets .911 1.15
Return on Average Equity 7.825 9.92
Net Interest Margin 3.494 3.587
Efficiency Ratio 58.318 60.34
Noninterest Income/Revenue 10.825 13.494
Balance Sheet Ratios
Loan-to-Deposit 73.875 77.091
Securities/Assets .124 .197
Total Equity/Total Assets .119 .111
Tangible Equity/Tangible Assets .09 .107
Capital Adequacy
Tier 1 Common Capital 15,667 21,135
Tier 1 Capital 15,667 21,140
Tier 2 Capital 1,359 1,625
Total Capital 17,026 22,777
Total Risk Weighted Assets 121,968 151,308
Leverage Ratio 9.44 10.944
Common Equity Tier 1 Capital Ratio 12.85 15.631
Tier 1 Capital Ratio 12.85 15.631
Total Capital Ratio 13.96 16.675

Timeline for Houghton State Bank

Red Oak Financial Corporation

Red Oak Financial Corporation became a new parent organization for Houghton State Bank.

View Profile Jan 01 2015

Emerson State Bank

Acquisition: Houghton State Bank acquired a new subsidiary, Emerson State Bank, 26 years

View Profile Oct 01 1997

Southwest Financial Group Of Iowa, Inc.

Acquisition: Houghton State Bank acquired a new subsidiary, Southwest Financial Group Of Iowa, Inc. , 26 years

View Profile Oct 01 1997

Lauritzen Corporation

Lauritzen Corporation became a new parent organization for Houghton State Bank.

View Profile Oct 01 1997

Southwest Financial Group Of Iowa, Inc.

Southwest Financial Group Of Iowa, Inc. became a new parent organization for Houghton State Bank.

View Profile Dec 29 1987

Want to see more?

Complete timeline for Houghton State Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Emerson State Bank Seller 16,017 Pooling of Interests Discontinued 10/1/1997
Southwest Financial Group Of Iowa, Inc. Seller Acquisition Discontinued 10/1/1997
The Cumberland Savings Bank Seller 4,290 Discontinued 7/1/1975
Relationships Role Relationship Start Relationship End
Red Oak Financial Corporation Parent 1/1/2015
Lauritzen Corporation Parent 2/12/2001 12/31/2014
Lauritzen Corporation Parent 10/1/1997 2/11/2001
Southwest Financial Group Of Iowa, Inc. Parent 12/29/1987 9/30/1997
Hawkeye Bancorporation Parent 1/5/1968 12/28/1987
Hawkeye Agricultural Credit Corporation Subsidary 12/31/1976 9/30/1987
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