First National Bank in city_name, state_name - Detailed Financial Reports, Location

First National Bank in Sioux Center, Iowa (IA)
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First National Bank routing number info

First National Bank - Overview

General
FDIC Certificate #: 4503
Status: Active
Federal Reserve ID: 307745
Bank Holding Company (Regulatory Top Holder): Northwest Financial Corp. (RSSDID: 1978713, Location: Arnolds Park, IA)
Date Established: January 01, 1904
WWW: http://www.firstnationalbankiowa.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 11983
FDIC's unique #: 2975
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 20, 2007
Last Structure Change Process Date: September 13, 2007
Last Data Update: September 13, 2007
Data Source Date: April 05, 2012
Location
Address: 242 North Main Avenue, Sioux Center, IA 51250
County: Sioux
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Participated in Absorption/Consolidation/Merger
Name Change
Financial Summary
Total assets: $260.0 mil
Equity capital: $30.6 mil
Deposits held in domestic offices: $224.7 mil
Return on assets (ROA): 0.40% ($1.0 mil)
Quarterly return on assets: 0.60% ($1.6 mil)
Return on Equity (ROE): 3.35% ($1.0 mil)
Quarterly return on equity: 5.05% ($1.6 mil)
Net income: $1.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 0.49% ($1,273.9 mil)
Quarterly Pretax return on assets: 0.73% ($1,897.8 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
72Total employees (full-time equivalent)
$259,977Total assets
$24,121Cash and due from depository institutions
$11,109Interest-bearing balances
$56,538Securities
$4,900Federal funds sold & reverse repurchase agreements
$154,902Net loans & leases
$2,602Loan loss allowance
$0Trading account assets
$5,734Bank premises and fixed assets
$24Other real estate owned
$6,804Goodwill and other intangibles
$259,977Life insurance assets
$6,954All other assets
$229,368Total liabilities and capital
$224,690Total liabilities
$185,687Total deposits
$224,690Interest-bearing deposits
$87Deposits held in domestic offices
597.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,800Trading liabilities
$0Other borrowed funds
$1,281Subordinated debt
$30,609All other liabilities
$30,609Total equity capital
$30,609Total bank equity capital
$0Perpetual preferred stock
$720Common stock
$25,782Surplus
$4,107Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,875Income earned, not collected on loans
$0Earning assets
$1,229Long-term assets (5+ years)
$227,449Average Assets, year-to-date
$43,035Average Assets, quarterly
$253,090Volatile liabilities
$257,953Insider loans
$161,520FHLB advances
$250,115Loans and leases held for sale
$2,859Unused loan commitments
$2,859Tier 1 (core) risk-based capital
$23,213Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$37,969Restructured Loans and leases
$2,340Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,693Total interest income
$2,440Total interest expense
$8,253Net interest income
$775Provision for loan and lease losses
$1,370Total noninterest income
$0Fiduciary activities
$514Service charges on deposit accounts
$0Trading account gains & fees
$856Additional noninterest income
$7,724Total noninterest expense
$4,615Salaries and employee benefits
$938Premises and equipment expense
$2,171Additional noninterest expense
$1,124Pre-tax net operating income
$125Securities gains (losses)
$242Applicable income taxes
$1,007Income before extraordinary items
$0Extraordinary gains - net
$1,007Net income attributable to bank
$0Net charge-offs
$1,007Cash dividends
$796Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.72%Yield on earning assets
1.08%Cost of funding earning assets
3.64%Net interest margin
0.60%Noninterest income to earning assets
3.41%Noninterest expense to earning assets
0.36%Net operating income to assets
0.40%Return on assets (ROA)
0.49%Pretax return on assets
3.35%Return on equity (ROE)
3.35%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
97.36%Credit loss provision to net charge-offs
2.39%Efficiency ratio
79,061Assets per employee
3.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
90.50%Noncurrent assets plus other real estate owned to assets
1.12%Noncurrent loans to loans
1.83%Net loans and leases to deposits
68.94%Net loans and leases to core deposits
70.36%Equity capital to assets
11.77%Core capital (leverage) ratio
9.28%Tier 1 risk-based capital ratio
14.37%Total risk-based capital ratio
Memoranda
$16Average assets
$253,090Average earning assets
$30,029Average equity
$226,496Average loans

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	2975	First National Bank	242 North Main Avenue, Sioux Center, IA 51250	January 01, 1904	Full Service Brick and Mortar
2	9204	Sioux City Branch	5801 Sunnybrrok Drive, Sioux City, IA 51101	August 27, 1934	Full Service Brick and Mortar
3	231977	North Branch	111 Central Avenue Nw, Le Mars, IA 51031	July 20, 1998	Full Service Brick and Mortar
4	231978	Midtown Branch	1703 Pierce Street, Sioux City, IA 51105	December 17, 1999	Limited Service Facility
6	453014	South Branch	1321 Hawkeye Ave Sw, Le Mars, IA 51031	May 20, 2006	Full Service Brick and Mortar

First National Bank in Sioux Center, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First National Bank in Sioux Center, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First National Bank in Sioux Center, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches