Community First National Bank in Decorah, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 29, 2000

  • Community First National Bank in Decorah, Iowa (IA)
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Community First National Bank - Overview

  • General
  • FDIC Certificate #: 9292
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First National Bank (#3924)
    Federal Reserve ID: 225540
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 10274
    FDIC's unique #: 5947
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 29, 2000
    Last Structure Change Process Date: September 25, 2000
    Last Data Update: September 25, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 West Water Street, Decorah, IA 52101
    County: Winneshiek
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $172.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $174,119Total assets
  • $6,757Cash and due from depository institutions
  • $24Interest-bearing balances
  • $42,565Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $113,870Net loans & leases
  • $1,640Loan loss allowance
  • $0Trading account assets
  • $1,831Bank premises and fixed assets
  • $0Other real estate owned
  • $2Goodwill and other intangibles
  • $0Life insurance assets
  • $9,094All other assets
  • $174,119Total liabilities and capital
  • $161,900Total liabilities
  • $131,651Total deposits
  • $115,677Interest-bearing deposits
  • $131,651Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $16,453Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,000Other borrowed funds
  • $0Subordinated debt
  • $1,796All other liabilities
  • $12,219Total equity capital
  • $12,219Total bank equity capital
  • $12,219Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $6,219Noncurrent loans and leases
  • $23,946Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $174Earning assets
  • $21Long-term assets (5+ years)
  • $883Average Assets, year-to-date
  • $156,459Average Assets, quarterly
  • $50,655Volatile liabilities
  • $167,226Insider loans
  • $171,102FHLB advances
  • $48,938Loans and leases held for sale
  • $92Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $149Total risk weighted assets
  • $23,946Total unused commitments
  • $0Restructured Loans and leases
  • $1,596Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $11,703Total interest income
  • $5,819Total interest expense
  • $5,884Net interest income
  • $45Provision for loan and lease losses
  • $1,876Total noninterest income
  • $291Fiduciary activities
  • $706Service charges on deposit accounts
  • $0Trading account gains & fees
  • $879Additional noninterest income
  • $3,673Total noninterest expense
  • $1,938Salaries and employee benefits
  • $414Premises and equipment expense
  • $1,321Additional noninterest expense
  • $4,042Pre-tax net operating income
  • $30Securities gains (losses)
  • $1,234Applicable income taxes
  • $2,838Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,838Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $2,275Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.75%Yield on earning assets
  • 3.85%Cost of funding earning assets
  • 3.90%Net interest margin
  • 1.24%Noninterest income to earning assets
  • 2.43%Noninterest expense to earning assets
  • 1.68%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 2.44%Pretax return on assets
  • 22.30%Return on equity (ROE)
  • 4.42%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 900.00%Credit loss provision to net charge-offs
  • 817.40%Efficiency ratio
  • 47,320Assets per employee
  • 4.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 80.16%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 942.53%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.15%Net loans and leases to deposits
  • 86.49%Net loans and leases to core deposits
  • 103.36%Equity capital to assets
  • 7.02%Core capital (leverage) ratio
  • 7.76%Tier 1 risk-based capital ratio
  • 10.31%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $167,226Average earning assets
  • $12,729Average equity
  • $151,050Average loans

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