First National Bank, Cedar Rapids, Iowa in city_name, state_name

First National Bank, Cedar Rapids, Iowa in Cedar Rapids, Iowa (IA)
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First National Bank, Cedar Rapids, Iowa - Overview

General
FDIC Certificate #: 33333
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First National Bank Iowa (#4469)
Federal Reserve ID: 1845413
Date Established: Febuary 08, 1991
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
OTS Docket #: 11301
FDIC's unique #: 46911
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 08, 1991
Last Structure Change Effective Date: March 15, 1997
Last Structure Change Process Date: March 27, 1997
Last Data Update: March 27, 1997
Data Source Date: April 05, 2012
Location
Address: 200 First Street, S.W., Cedar Rapids, IA 52404
County: Linn
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360)
Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
Financial Summary
Total assets: $72.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$25Total assets
$71,953Cash and due from depository institutions
$1,988Interest-bearing balances
$11Securities
$14,139Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$52,856Loan loss allowance
$427Trading account assets
$0Bank premises and fixed assets
$1,007Other real estate owned
$0Goodwill and other intangibles
$1,339Life insurance assets
$624All other assets
$0Total liabilities and capital
$71,953Total liabilities
$65,889Total deposits
$63,611Interest-bearing deposits
$58,161Deposits held in domestic offices
63611.00%% insured (estimated)
$94Federal funds purchased & repurchase agreements
$275Trading liabilities
$0Other borrowed funds
$1,450Subordinated debt
$0All other liabilities
$553Total equity capital
$553Total bank equity capital
$6,064Perpetual preferred stock
$0Common stock
$1,350Surplus
$4,739Undivided profits
Memoranda
$-25Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$102Income earned, not collected on loans
$357Earning assets
$67,006Long-term assets (5+ years)
$7,832Average Assets, year-to-date
$69,359Average Assets, quarterly
$71,623Volatile liabilities
$4,500Insider loans
$290FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,386Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,444Total risk weighted assets
$48,959Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,324Total interest expense
$2,930Net interest income
$2,394Provision for loan and lease losses
$116Total noninterest income
$663Fiduciary activities
$0Service charges on deposit accounts
$185Trading account gains & fees
$0Additional noninterest income
$478Total noninterest expense
$2,676Salaries and employee benefits
$1,052Premises and equipment expense
$332Additional noninterest expense
$1,292Pre-tax net operating income
$265Securities gains (losses)
$0Applicable income taxes
$89Income before extraordinary items
$176Extraordinary gains - net
$0Net income attributable to bank
$176Net charge-offs
$78Cash dividends
$0Sale, conversion, retirement of capital stock, net
$7Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.27%Cost of funding earning assets
4.55%Net interest margin
3.72%Noninterest income to earning assets
1.03%Noninterest expense to earning assets
4.16%Net operating income to assets
0.25%Return on assets (ROA)
0.25%Pretax return on assets
0.38%Return on equity (ROE)
2.94%Retained earnings to average equity (YTD only)
2.94%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
148.72%Efficiency ratio
82,466Assets per employee
2.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
418.63%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.19%Net loans and leases to deposits
83.09%Net loans and leases to core deposits
88.19%Equity capital to assets
8.43%Core capital (leverage) ratio
7.79%Tier 1 risk-based capital ratio
11.12%Total risk-based capital ratio
Memoranda
$12Average assets
$69,359Average earning assets
$5,978Average equity
$64,373Average loans

First National Bank, Cedar Rapids, Iowa in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank, Cedar Rapids, Iowa - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First National Bank, Cedar Rapids, Iowa in Cedar Rapids, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank, Cedar Rapids, Iowa - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First National Bank, Cedar Rapids, Iowa in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches