Vitals
  • Total Assets
    417.1M 5.6 %
  • Total Deposits
    334.1M 8.2 %
  • Total Net Loans
    187.0M 13.4 %
  • Net Income
    5.1M 12.1 %
  • Book Value
    47.4M -3.1 %
  • Book Value x2
    94.8M -3.1 %
  • Book Value x3
    142.1M -3.1 %
ROAA

1.281

ROAE

10.152

Efficiency Ratio

55.9

Net Interest Margin

3.234

Balance Sheet Highlights
Financial Highlights South Ottumwa Savings Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 417,132 198,346
Total Net Loans 186,953 133,864
Total Deposits 334,060 165,124
Total Equity 47,379 22,060
Profitability
Net Income 5,109 2,310
Return on Average Assets 1.281 1.15
Return on Average Equity 10.152 9.92
Net Interest Margin 3.234 3.587
Efficiency Ratio 55.9 60.34
Noninterest Income/Revenue 8.739 13.494
Balance Sheet Ratios
Loan-to-Deposit 55.964 77.091
Securities/Assets .481 .197
Total Equity/Total Assets .114 .111
Tangible Equity/Tangible Assets .101 .107
Capital Adequacy
Tier 1 Common Capital 44,849 21,135
Tier 1 Capital 44,849 21,140
Tier 2 Capital 2,696 1,625
Total Capital 47,545 22,777
Total Risk Weighted Assets 228,895 151,308
Leverage Ratio 11.06 10.944
Common Equity Tier 1 Capital Ratio 19.59 15.631
Tier 1 Capital Ratio 19.59 15.631
Total Capital Ratio 20.77 16.675

Timeline for South Ottumwa Savings Bank

West Liberty State Bank

Acquisition: South Ottumwa Savings Bank acquired a new subsidiary, West Liberty State Bank, 8 years

View Profile Jul 01 2015

Hedrick Savings Bank

Acquisition: South Ottumwa Savings Bank acquired a new subsidiary, Hedrick Savings Bank, 12 years

View Profile Dec 17 2011

South Ottumwa Savings Bank Investment Subsidiary, Inc.

South Ottumwa Savings Bank Investment Subsidiary, Inc. became a new subsidiary organization for South Ottumwa Savings Bank.

View Profile Oct 01 1994

Peoples Federal Savings Association

Acquisition: South Ottumwa Savings Bank acquired a new subsidiary, Peoples Federal Savings Association, 32 years

View Profile Mar 21 1992

Cornerstone Financial Services Group, Inc.

Cornerstone Financial Services Group, Inc. became a new parent organization for South Ottumwa Savings Bank.

View Profile Dec 31 1986

Want to see more?

Complete timeline for South Ottumwa Savings Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
West Liberty State Bank Seller 89,692 Pooling of Interests Discontinued 7/1/2015
Hedrick Savings Bank Seller 66,263 Acquisition Discontinued 12/17/2011
Peoples Federal Savings Association Seller 32,229 Failure 3/21/1992
Relationships Role Relationship Start Relationship End
Cornerstone Financial Services Group, Inc. Parent 12/31/1986
South Ottumwa Savings Bank Investment Subsidiary, Inc. Subsidary 10/1/1994 6/30/1995
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