Kerndt Brothers Savings Bank

Iowa – Allamakee – Lansing

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

8761

1908

FDIC Certificate Number: 8761
FDIC's unique number: 5577
The FDIC Field Office where an institution is physically located: Cedar Rapids

Federal Reserve ID Number: 665146
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: 2009-02-25

1908-01-14 Institution established. Original name: Kerndt Brothers Savings Bank.
2003-08-08 Acquired Farmers Savings Bank in West Union, Iowa.
2009-01-01 Acquired Family Merchants Bank in Cedar Rapids, Iowa.

Total assets: $220,159,000
Total deposits: $167,743,000
Deposits held in domestic offices: $167,743,000
Equity capital: $28,442,000

Net income: $1,506,000

Return on Assets: 1.37
Return on Equity: 10.93
Last updated on: 2011-10-20

Bank Holding Company: Kerndt Bank Services, Inc.

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Profile ID: LFUS-BAB-P-24240

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