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

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

First State Bank - Overview

General
FDIC Certificate #: 15369
Status: Active
Federal Reserve ID: 358149
Bank Holding Company (Regulatory Top Holder): Little Sioux Bancshares, Inc. (RSSDID: 2652887, Location: Sioux Rapids, IA)
Date Established: July 12, 1930
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 9696
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: March 24, 1936
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: 123 Main Street, Sioux Rapids, IA 50585
County: Buena Vista
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
Core Based Statistical Area (CBSA): Storm Lake, IA (#44740)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $32.6 mil
Equity capital: $4.8 mil
Deposits held in domestic offices: $25.5 mil
Return on assets (ROA): 0.86% ($0.3 mil)
Quarterly return on assets: 0.35% ($0.1 mil)
Return on Equity (ROE): 5.66% ($0.3 mil)
Quarterly return on equity: 2.35% ($0.1 mil)
Net income: $0.3 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.98% ($319.4 mil)
Quarterly Pretax return on assets: 0.20% ($65.2 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
7Total employees (full-time equivalent)
$32,596Total assets
$5,319Cash and due from depository institutions
$4,387Interest-bearing balances
$18,062Securities
$0Federal funds sold & reverse repurchase agreements
$8,722Net loans & leases
$110Loan loss allowance
$0Trading account assets
$106Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$32,596Life insurance assets
$387All other assets
$27,824Total liabilities and capital
$25,536Total liabilities
$20,345Total deposits
$25,536Interest-bearing deposits
$98Deposits held in domestic offices
2187.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$101Subordinated debt
$4,772All other liabilities
$4,772Total equity capital
$4,772Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$1,000Surplus
$3,712Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5Income earned, not collected on loans
$0Earning assets
$248Long-term assets (5+ years)
$31,171Average Assets, year-to-date
$10,123Average Assets, quarterly
$30,969Volatile liabilities
$31,724Insider loans
$14,567FHLB advances
$31,968Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,772Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,836Restructured Loans and leases
$124Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,093Total interest income
$191Total interest expense
$902Net interest income
$0Provision for loan and lease losses
$143Total noninterest income
$0Fiduciary activities
$60Service charges on deposit accounts
$0Trading account gains & fees
$83Additional noninterest income
$752Total noninterest expense
$547Salaries and employee benefits
$40Premises and equipment expense
$165Additional noninterest expense
$293Pre-tax net operating income
$12Securities gains (losses)
$39Applicable income taxes
$266Income before extraordinary items
$0Extraordinary gains - net
$266Net income attributable to bank
$0Net charge-offs
$266Cash dividends
$0Sale, conversion, retirement of capital stock, net
$60Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.69%Yield on earning assets
0.64%Cost of funding earning assets
3.04%Net interest margin
0.48%Noninterest income to earning assets
2.54%Noninterest expense to earning assets
0.83%Net operating income to assets
0.86%Return on assets (ROA)
0.98%Pretax return on assets
5.66%Return on equity (ROE)
4.39%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
71,962Assets per employee
4.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.56%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
2200.00%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.06%Net loans and leases to deposits
34.16%Net loans and leases to core deposits
35.02%Equity capital to assets
14.64%Core capital (leverage) ratio
14.93%Tier 1 risk-based capital ratio
32.76%Total risk-based capital ratio
Memoranda
$34Average assets
$30,969Average earning assets
$4,696Average equity
$29,627Average 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
$92Managed Assets
1Number of Accounts
$30Personal trust and agency accounts
$30Employee 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
10Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$62Other retirement accounts
$62Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	9696	First State Bank	123 Main Street, Sioux Rapids, IA 50585	July 12, 1930	Full Service Brick and Mortar
1	233781	Linn Grove Branch	Main Street, Linn Grove, IA 51033	April 04, 1936	Full Service Brick and Mortar

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

First 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, 2011)

List of branches

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

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

First 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, 2011)

List of branches

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

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