Iowa State Bank
Remsen, IA — Domestic Branch of a Domestic Bank
Acquired Jan 2014
Vitals
-
Total Assets117.6M -9.2 %
-
Total Deposits94.8M -13.6 %
-
Total Net Loans84.3M 1.2 %
-
Net Income1.8M 9.3 %
-
Book Value19.8M 4.0 %
-
Book Value x239.6M 4.0 %
-
Book Value x359.5M 4.0 %
Balance Sheet Highlights
Financial Highlights | Iowa State Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 117,632 | 162,559 |
Total Net Loans | 84,290 | 101,430 |
Total Deposits | 94,834 | 134,837 |
Total Equity | 19,822 | 16,939 |
Profitability | ||
Net Income | 1,761 | 1,839 |
Return on Average Assets | 1.459 | 1.091 |
Return on Average Equity | 9.072 | 10.182 |
Net Interest Margin | 3.521 | 3.538 |
Efficiency Ratio | 30.942 | 61.468 |
Noninterest Income/Revenue | 5.63 | 14.045 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 88.882 | 70.709 |
Securities/Assets | .215 | .248 |
Total Equity/Total Assets | .169 | .104 |
Tangible Equity/Tangible Assets | .136 | .1 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 16,386 | 16,258 |
Tier 2 Capital | 1,131 | 1,260 |
Total Capital | 17,517 | 17,516 |
Total Risk Weighted Assets | 94,548 | 116,693 |
Leverage Ratio | 14.47 | 10.22 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 17.33 | 15.179 |
Total Capital Ratio | 18.53 | 16.223 |
Timeline for Iowa State Bank
Vogel Bancshares, Inc.
Vogel Bancshares, Inc. became a new parent organization for Iowa State Bank.
View Profile Jan 01 2011Iowa State Bank
Iowa State Bank was established 111 years ago and is currently headquartered in Remsen, IA.
Jan 01 1913Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Iowa State Bank | Buyer | 551,487 | Pooling of Interests | Discontinued | 1/1/2014 |
Relationships | Role | Relationship Start | Relationship End |
Vogel Bancshares, Inc. | Parent | 1/1/2011 | 12/31/2013 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Bcbank, Inc.
|
Philippi | WV | 117.6M |
Century Bank Of Kentucky, Inc.
|
Lawrenceburg | KY | 118.1M |
The Farmers Bank
|
Nicholasville | KY | 118.4M |
Brickyard Bank
|
Lincolnwood | IL | 116.7M |
State Savings Bank, Frankfort, Mich.
|
Frankfort | MI | 118.8M |
Federation Bank
|
Washington | IA | 116.2M |
Southwind Bank
|
Natoma | KS | 116.2M |
Citizens Bank & Trust Company
|
Covington | LA | 119.1M |
Acb Bank
|
Cherokee | OK | 115.4M |
Bank Of Gleason
|
Gleason | TN | 120.0M |