First Iowa State Bank in city_name, state_name - Detailed Financial Reports, Location

First Iowa State Bank in Albia, Iowa (IA)
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First Iowa State Bank routing number info

First Iowa State Bank - Overview

General
FDIC Certificate #: 14930
Status: Active
Federal Reserve ID: 787842
Bank Holding Company (Regulatory Top Holder): First Iowa State Shares, Inc. (RSSDID: 1894112, Location: Albia, IA)
Date Established: May 12, 1930
WWW: http://www.firstiowastatebank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 9352
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: December 15, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 23 Benton Avenue East, Albia, IA 52531
County: Monroe
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $147.2 mil
Equity capital: $21.1 mil
Deposits held in domestic offices: $120.9 mil
Return on assets (ROA): 1.24% ($1.8 mil)
Quarterly return on assets: 0.15% ($0.2 mil)
Return on Equity (ROE): 8.76% ($1.8 mil)
Quarterly return on equity: 1.01% ($0.2 mil)
Net income: $1.8 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.32% ($1,942.9 mil)
Quarterly Pretax return on assets: 0.24% ($353.2 mil)

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

2000 - 2011 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, 2011)

Dollar figures in thousands
25Total employees (full-time equivalent)
$147,187Total assets
$3,116Cash and due from depository institutions
$41Interest-bearing balances
$40,808Securities
$7,970Federal funds sold & reverse repurchase agreements
$89,063Net loans & leases
$2,566Loan loss allowance
$0Trading account assets
$623Bank premises and fixed assets
$816Other real estate owned
$0Goodwill and other intangibles
$147,187Life insurance assets
$4,791All other assets
$126,122Total liabilities and capital
$120,858Total liabilities
$104,567Total deposits
$120,858Interest-bearing deposits
$86Deposits held in domestic offices
501.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,000Trading liabilities
$0Other borrowed funds
$763Subordinated debt
$21,065All other liabilities
$21,065Total equity capital
$21,065Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$1,260Surplus
$19,565Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,349Income earned, not collected on loans
$0Earning assets
$1,617Long-term assets (5+ years)
$137,882Average Assets, year-to-date
$30,495Average Assets, quarterly
$144,397Volatile liabilities
$144,143Insider loans
$103,359FHLB advances
$144,929Loans and leases held for sale
$2,362Unused loan commitments
$2,362Tier 1 (core) risk-based capital
$19,408Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,332Restructured Loans and leases
$264Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,491Total interest income
$1,640Total interest expense
$5,851Net interest income
$1,485Provision for loan and lease losses
$735Total noninterest income
$0Fiduciary activities
$491Service charges on deposit accounts
$0Trading account gains & fees
$244Additional noninterest income
$3,275Total noninterest expense
$1,655Salaries and employee benefits
$275Premises and equipment expense
$1,345Additional noninterest expense
$1,826Pre-tax net operating income
$87Securities gains (losses)
$117Applicable income taxes
$1,796Income before extraordinary items
$0Extraordinary gains - net
$1,796Net income attributable to bank
$0Net charge-offs
$1,796Cash dividends
$1,431Sale, conversion, retirement of capital stock, net
$1,400Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.53%Yield on earning assets
1.21%Cost of funding earning assets
4.32%Net interest margin
0.54%Noninterest income to earning assets
2.42%Noninterest expense to earning assets
1.19%Net operating income to assets
1.24%Return on assets (ROA)
1.32%Pretax return on assets
8.76%Return on equity (ROE)
1.93%Retained earnings to average equity (YTD only)
1.49%Net charge-offs to loans
103.77%Credit loss provision to net charge-offs
2.31%Efficiency ratio
49,727Assets per employee
5.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.95%Loss allowance to loans
2.80%Loss allowance to noncurrent loans
190.21%Noncurrent assets plus other real estate owned to assets
1.47%Noncurrent loans to loans
1.47%Net loans and leases to deposits
73.69%Net loans and leases to core deposits
77.14%Equity capital to assets
14.31%Core capital (leverage) ratio
13.39%Tier 1 risk-based capital ratio
18.78%Total risk-based capital ratio
Memoranda
$20Average assets
$144,397Average earning assets
$20,511Average equity
$135,561Average loans

Total Fiduciary and Related Assets (December 31, 2007)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$481Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
101Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$481Other retirement accounts
$481Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9352	First Iowa State Bank	23 Benton Avenue East, Albia, IA 52531	May 12, 1930	Full Service Brick and Mortar
1	232454	Benton Avenue Drive-In Branch	301 Benton Avenue, East, Albia, IA 52531	August 16, 1973	Limited Service Facility
2	232455	Walnut And Third Streets Branch	Walnut And Third Streets, Eddyville, IA 52553	March 12, 1987	Full Service Brick and Mortar

First Iowa State Bank in Albia, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Iowa State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2007)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Iowa State Bank in Albia, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Iowa State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2007)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Iowa State Bank in Albia, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches