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

First National Bank of Muscatine in Muscatine, Iowa (IA)
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First National Bank of Muscatine routing number info

First National Bank of Muscatine - Overview

General
FDIC Certificate #: 961
Status: Active
Federal Reserve ID: 893248
Bank Holding Company (Regulatory Top Holder): Iowa First Bancshares Corp. (RSSDID: 1245385, Location: Muscatine, IA)
Date Established: January 01, 1934
WWW: http://www.fnbmusc.com
Trust Powers Granted: Yes
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 #: 12434
FDIC's unique #: 629
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: 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: 300 East Second Street, Muscatine, IA 52761
County: Muscatine
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
Core Based Statistical Area (CBSA): Muscatine, IA (#34700)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $292.0 mil
Equity capital: $29.6 mil
Deposits held in domestic offices: $252.7 mil
Return on assets (ROA): 0.88% ($2.6 mil)
Quarterly return on assets: 0.83% ($2.4 mil)
Return on Equity (ROE): 8.83% ($2.6 mil)
Quarterly return on equity: 8.21% ($2.5 mil)
Net income: $2.6 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.31% ($3,825.0 mil)
Quarterly Pretax return on assets: 1.19% ($3,474.6 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
78Total employees (full-time equivalent)
$291,985Total assets
$44,251Cash and due from depository institutions
$39,039Interest-bearing balances
$19,391Securities
$0Federal funds sold & reverse repurchase agreements
$215,847Net loans & leases
$4,148Loan loss allowance
$0Trading account assets
$4,278Bank premises and fixed assets
$85Other real estate owned
$563Goodwill and other intangibles
$291,985Life insurance assets
$7,570All other assets
$262,432Total liabilities and capital
$252,699Total liabilities
$214,546Total deposits
$252,699Interest-bearing deposits
$83Deposits held in domestic offices
6578.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,453Trading liabilities
$0Other borrowed funds
$1,702Subordinated debt
$29,553All other liabilities
$29,553Total equity capital
$29,553Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$2,000Surplus
$25,553Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$7,744Income earned, not collected on loans
$0Earning assets
$1,090Long-term assets (5+ years)
$274,277Average Assets, year-to-date
$59,530Average Assets, quarterly
$293,280Volatile liabilities
$291,267Insider loans
$204,759FHLB advances
$295,312Loans and leases held for sale
$3,958Unused loan commitments
$3,958Tier 1 (core) risk-based capital
$29,243Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$36,813Restructured Loans and leases
$6,932Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,787Total interest income
$2,794Total interest expense
$8,993Net interest income
$945Provision for loan and lease losses
$2,979Total noninterest income
$465Fiduciary activities
$857Service charges on deposit accounts
$0Trading account gains & fees
$1,657Additional noninterest income
$7,172Total noninterest expense
$3,724Salaries and employee benefits
$1,148Premises and equipment expense
$2,300Additional noninterest expense
$3,855Pre-tax net operating income
-$3Securities gains (losses)
$1,260Applicable income taxes
$2,592Income before extraordinary items
$0Extraordinary gains - net
$2,592Net income attributable to bank
$0Net charge-offs
$2,592Cash dividends
$478Sale, conversion, retirement of capital stock, net
$2,400Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.28%Yield on earning assets
1.01%Cost of funding earning assets
3.26%Net interest margin
1.08%Noninterest income to earning assets
2.60%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
1.31%Pretax return on assets
8.83%Return on equity (ROE)
0.65%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
197.70%Credit loss provision to net charge-offs
10.04%Efficiency ratio
59,906Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.59%Loss allowance to loans
1.89%Loss allowance to noncurrent loans
53.56%Noncurrent assets plus other real estate owned to assets
2.68%Noncurrent loans to loans
3.52%Net loans and leases to deposits
85.42%Net loans and leases to core deposits
88.43%Equity capital to assets
10.12%Core capital (leverage) ratio
9.90%Tier 1 risk-based capital ratio
14.28%Total risk-based capital ratio
Memoranda
$16Average assets
$293,280Average earning assets
$29,340Average equity
$275,536Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$55,997Managed Assets
1Number of Accounts
$34,612Personal trust and agency accounts
$28,916Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,158Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$4,538Fiduciary accounts held in foreign offices
$0Non-managed Assets
182Number of Accounts
$0Personal trust and agency accounts
$1,158Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$21,385Other retirement accounts
$1,611Corporate trust and agency accounts
$7,610Other fiduciary accounts
$8,408Fiduciary accounts held in foreign offices

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	629	First National Bank Of Muscatine	300 East Second Street, Muscatine, IA 52761	January 01, 1934	Full Service Brick and Mortar
2	186746	Oakview North Branch	3107 Highway 61 North, Muscatine, IA 52761	June 14, 1971	Full Service Brick and Mortar
4	186747	The South-End Branch	608 Grandview Avenue, Muscatine, IA 52761	June 01, 1981	Full Service Brick and Mortar
5	186748	Wal-Mart Branch	3003 North Highway 61, Muscatine, IA 52761	June 15, 1997	Full Service Retail
6	434104	Westside Branch	2017 Cedar Plaza Drive, Muscatine, IA 52761	December 08, 2004	Full Service Brick and Mortar

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

First National Bank of Muscatine - 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, 2011)

List of branches

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

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

First National Bank of Muscatine - 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, 2011)

List of branches

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

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