To see your bank's quarterly reports to the Federal Deposit Insurance Corp., go to the FDIC's Institution Directory, fill in the bank's name, pick Nebraska or Iowa as the state, scroll to the bottom and click on the “FIND” box.
(Remember that deposits at all the banks listed here are covered by the FDIC's insurance. If you have larger deposits at the bank and have a question about whether they are insured, check with your banker.)
Click on the bank's “Cert” number at the left. When the ID Report Selections box open the drop-down box and choose “All Summary Information,” then click “Generate Report.”
The bank's latest quarterly report appears, with year-to-date income figures and the year-ago report in the next column to the right. You can choose earlier by clicking on the date box in the upper right side of the chart. You can compare how the numbers have changed since the year-ago report. If you click on the blue number for each line, you can see a definition of each item in the table.
Key numbers to watch include assets (Line 2), net loans (Line 7), deposits (Line 17), net income or profit (Line 70), non-peforming assets (Line 97) and capital (Line 104).
Banks with a capital ratio of more than 10 percent are considered “well-capitalized,” although most banks are increasing their capital to 12 percent or more at the urging of federal regulators. If a bank is losing money or having to write off bad loans, its capital can be depleted.
Non-performing assets include overdue loans, loans that aren't accumulating interest, repossessed real estate and other property. Banks try to keep this figure as low as possible.
If you have questions about the report, contact an officer of your bank.
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