Clear Lake Bank and Trust Company

Clear Lake, IA
IDRSSD: 865544
Total Assets
$638.60M
Latest filing
Total Deposits
$575.24M
Latest filing
Net Interest Margin
3.98%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1934
Community BankYes
Ownership TypeNot Mutual
ZIP50428
State and County Number19033
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameMason City, IA

Operational Info

Number of Employees91
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance11/10/1939
Primary Insurance AgencyDIF
Websitewww.clearlakebank.bank
Data Updated11/14/2025
CERT15690
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$638.60M
Total Deposits$575.24M
Total Liabilities$585.80M
Total Equity Capital$52.80M
Net Income$2.86M
Net Loans and Leases$479.79M
Assets Per Employee ($Millions)$7.18M
Bank Premises and Fixed Assets$9.09M
Cash and Balances due from Depository Institutions$50.48M
Deposits Held in Domestic Offices$575.24M

Key Performance Ratios

Return on Assets (ROA)1.84%
Return on Equity (ROE)22.03%
Net Interest Margin3.98%
Efficiency Ratio55.76%
Tier 1 Risk-Based Capital Ratio10.85%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.268%
Earning Assets to total Assets94.14%

Income and Expense

Total Interest Income$8.62M
Total Noninterest Income$1.20M
Total Interest Expense$2.80M
Total Noninterest Expense$3.91M
Net Interest Income$5.81M
Pre-tax Net Operating Income$2.98M
Provision for Credit Losses$120.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$423.00k
Other borrowed funds$1.44M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$9.12M
Total Liabilities and Capital$638.60M

Securities

Securities$77.14M
Available-for-sale debt securities$77.08M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Clear Lake Bank and Trust Company?
$638.60M as of the latest filing.
How much are Clear Lake Bank and Trust Company's total deposits?
$575.24M in total deposits.
Where is Clear Lake Bank and Trust Company located?
Clear Lake, IA.
What is the Net Interest Margin?
3.98%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1934.
What is the Return on Assets (ROA)?
1.84%.
How much are total loans and leases?
$479.79M (latest filing).
What is the total interest income (latest filing)?
$8.62M.