Iowa – Montgomery – Red Oak
(NM) Commercial bank, state charter and Fed nonmember
active
www.houghtonstatebank.com
Iowa
Montgomery
Red Oak
(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