Vitals
  • Total Assets
    274.8M 1.6 %
  • Total Deposits
    220.5M 1.1 %
  • Total Net Loans
    186.5M -0.1 %
  • Net Income
    2.3M 3.9 %
  • Book Value
    29.4M -0.6 %
  • Book Value x2
    58.8M -0.6 %
  • Book Value x3
    88.1M -0.6 %
ROAA

.873

ROAE

7.839

Efficiency Ratio

73.253

Net Interest Margin

3.639

Balance Sheet Highlights
Financial Highlights Kerndt Brothers Savings Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 274,766 198,346
Total Net Loans 186,455 133,864
Total Deposits 220,529 165,124
Total Equity 29,375 22,060
Profitability
Net Income 2,349 2,310
Return on Average Assets .873 1.15
Return on Average Equity 7.839 9.92
Net Interest Margin 3.639 3.587
Efficiency Ratio 73.253 60.34
Noninterest Income/Revenue 9.522 13.494
Balance Sheet Ratios
Loan-to-Deposit 84.549 77.091
Securities/Assets .201 .197
Total Equity/Total Assets .107 .111
Tangible Equity/Tangible Assets .093 .107
Capital Adequacy
Tier 1 Common Capital 26,450 21,135
Tier 1 Capital 26,450 21,140
Tier 2 Capital 2,078 1,625
Total Capital 28,528 22,777
Total Risk Weighted Assets 228,046 151,308
Leverage Ratio 9.78 10.944
Common Equity Tier 1 Capital Ratio 11.6 15.631
Tier 1 Capital Ratio 11.6 15.631
Total Capital Ratio 12.51 16.675

Timeline for Kerndt Brothers Savings Bank

Family Merchants Bank

Acquisition: Kerndt Brothers Savings Bank acquired a new subsidiary, Family Merchants Bank, 15 years

View Profile Jan 01 2009

Farmers Savings Bank

Acquisition: Kerndt Brothers Savings Bank acquired a new subsidiary, Farmers Savings Bank, 20 years

View Profile Aug 08 2003

Kerndt Bank Services, Inc.

Kerndt Bank Services, Inc. became a new parent organization for Kerndt Brothers Savings Bank.

View Profile Jul 03 1979

Kerndt Brothers Savings Bank

Kerndt Brothers Savings Bank was established 116 years ago and is currently headquartered in Lansing, IA.

Jan 14 1908
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Family Merchants Bank Seller 37,265 Pooling of Interests Discontinued 1/1/2009
Farmers Savings Bank Seller 49,200 Pooling of Interests Discontinued 8/8/2003
Relationships Role Relationship Start Relationship End
Kerndt Bank Services, Inc. Parent 7/3/1979
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