Houghton State Bank

Iowa – Montgomery – Red Oak

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

15405

1879

FDIC Certificate Number: 15405
FDIC's unique number: 9722
The FDIC Field Office where an institution is physically located: Omaha

Federal Reserve ID Number: 528241
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 5
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1879-01-01 Institution established. Original name: Houghton State Bank.
1920-12-28 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Grandfathered.
1975-07-01 Acquired The Cumberland Savings Bank in Cumberland, Iowa.
1997-09-30 Acquired Emerson State Bank in Emerson, Iowa.

Total assets: $146,744,000
Total deposits: $130,160,000
Deposits held in domestic offices: $130,160,000
Equity capital: $16,139,000

Net income: $1,029,000

Return on Assets: 1.4
Return on Equity: 12.81
Last updated on: 2011-10-20

Bank Holding Company: Lauritzen Corporation

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Profile ID: LFUS-BAB-P-23123

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