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 Kerndt Brothers Savings Bank
Kerndt Brothers Savings Bank
| RSSD ID 665146 | CERTIFICATE 8761 | ABA NUMBER 73904696 |
| 370 Main St |
Quarter Ended : |
2025-03-31 |
| Lansing, Iowa, 52151 |
Updated : |
2025-04-18 |
| www.kerndtbrothers.com |
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| Institution Profile |
| Year Opened : |
1908 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
58 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 337,489 |
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Total Interest Income | 4,288 |
| Total Liabilities | 304,430 |
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Total NonInterest Income | 333 |
| Total Bank Equity Capital | 33,059 |
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Total Interest Expense | 1,786 |
| Total Deposits | 271,148 |
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Total NonInterest Expense | 2,309 |
| Net Loans & Leases | 232,062 |
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Net Income | 119 |
| Loan Loss Allowance | 2,051 |
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Net Charge Offs | 989 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 235,736 |
| Total assets for the leverage ratio | 337,780 |
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Loans secured by real estate: | 183,633 |
| Tier 1 Leverage Ratio | 10.12 |
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Commercial and industrial loans | 16,387 |
| Off Balance Sheet Exposures (%) | 12.88 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,397 |
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:· Kerndt Brothers Savings Bank
