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

First National Bank Iowa in Iowa City, Iowa (IA)
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First National Bank Iowa - Overview

General
FDIC Certificate #: 4469
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Trust Company, National Association (#33854)
Federal Reserve ID: 833141
Date Established: March 28, 1932
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 9 (Interstate: No)
OTS Docket #: 10014
FDIC's unique #: 2952
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 13, 1998
Last Structure Change Process Date: Febuary 01, 1999
Last Data Update: Febuary 01, 1999
Data Source Date: April 05, 2012
Location
Address: 204 East Washington Street, Iowa City, IA 52240
County: Johnson
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): Iowa City, IA (#3500)
Core Based Statistical Area (CBSA): Iowa City, IA (#26980)
CBSA Metro Statistical Area: Iowa City, IA (#26980)
Financial Summary
Total assets: $558.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
238Total employees (full-time equivalent)
$544,254Total assets
$21,449Cash and due from depository institutions
$0Interest-bearing balances
$107,011Securities
$27,925Federal funds sold & reverse repurchase agreements
$359,712Net loans & leases
$4,589Loan loss allowance
$0Trading account assets
$12,884Bank premises and fixed assets
$61Other real estate owned
$2,776Goodwill and other intangibles
$0Life insurance assets
$12,436All other assets
$544,254Total liabilities and capital
$497,106Total liabilities
$469,562Total deposits
$399,563Interest-bearing deposits
$469,562Deposits held in domestic offices
0.00%% insured (estimated)
$10,028Federal funds purchased & repurchase agreements
$0Trading liabilities
$12,735Other borrowed funds
$0Subordinated debt
$4,781All other liabilities
$47,148Total equity capital
$47,148Total bank equity capital
$47,148Perpetual preferred stock
$0Common stock
$1,444Surplus
$17,485Undivided profits
Memoranda
$28,219Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,014Earning assets
$40Long-term assets (5+ years)
$2,669Average Assets, year-to-date
$494,648Average Assets, quarterly
$63,096Volatile liabilities
$526,406Insider loans
$537,456FHLB advances
$46,802Loans and leases held for sale
$1,927Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$53Total risk weighted assets
$64,805Total unused commitments
$0Restructured Loans and leases
$347,222Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$36,618Total interest income
$18,470Total interest expense
$18,148Net interest income
$589Provision for loan and lease losses
$8,002Total noninterest income
$3,290Fiduciary activities
$2,058Service charges on deposit accounts
$0Trading account gains & fees
$2,654Additional noninterest income
$15,769Total noninterest expense
$7,547Salaries and employee benefits
$2,754Premises and equipment expense
$5,468Additional noninterest expense
$9,792Pre-tax net operating income
$63Securities gains (losses)
$2,998Applicable income taxes
$6,857Income before extraordinary items
$0Extraordinary gains - net
$6,857Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$459Sale, conversion, retirement of capital stock, net
$15,329Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.63%Yield on earning assets
3.85%Cost of funding earning assets
3.78%Net interest margin
1.67%Noninterest income to earning assets
3.29%Noninterest expense to earning assets
1.29%Net operating income to assets
1.30%Return on assets (ROA)
1.87%Pretax return on assets
12.90%Return on equity (ROE)
-15.93%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
128.32%Credit loss provision to net charge-offs
22.62%Efficiency ratio
59,254Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
223.55%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
227.86%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.55%Net loans and leases to deposits
76.61%Net loans and leases to core deposits
81.90%Equity capital to assets
8.66%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$526,406Average earning assets
$53,169Average equity
$479,734Average loans

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

First National Bank Iowa - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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

First National Bank Iowa - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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