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

First State Bank - Overview

  • General
  • FDIC Certificate #: 57910
    Status: Active
    Federal Reserve ID: 3285246
    Bank Holding Company (Regulatory Top Holder): Fnsb Bancorporation Corp. (RSSDID: 3285219, Location: Nashua, IA)
    Date Established: Febuary 21, 2005
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 430301
    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: Febuary 21, 2005
    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: 401 Main Street, Nashua, IA 50658
    County: Chickasaw
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $45.1 mil
    Equity capital: $4.4 mil
    Deposits held in domestic offices: $37.8 mil
    Return on assets (ROA): 1.18% ($0.5 mil)
    Quarterly return on assets: 1.74% ($0.8 mil)
    Return on Equity (ROE): 12.28% ($0.5 mil)
    Quarterly return on equity: 17.77% ($0.7 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.77% ($797.7 mil)
    Quarterly Pretax return on assets: 2.66% ($1,198.8 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
  • 6Total employees (full-time equivalent)
  • $45,069Total assets
  • $4,958Cash and due from depository institutions
  • $4,106Interest-bearing balances
  • $10,863Securities
  • $1,058Federal funds sold & reverse repurchase agreements
  • $26,667Net loans & leases
  • $331Loan loss allowance
  • $0Trading account assets
  • $671Bank premises and fixed assets
  • $120Other real estate owned
  • $67Goodwill and other intangibles
  • $45,069Life insurance assets
  • $665All other assets
  • $40,664Total liabilities and capital
  • $37,792Total liabilities
  • $34,287Total deposits
  • $37,792Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 403.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,332Trading liabilities
  • $0Other borrowed funds
  • $137Subordinated debt
  • $4,405All other liabilities
  • $4,405Total equity capital
  • $4,405Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $2,700Surplus
  • $1,405Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $332Long-term assets (5+ years)
  • $42,694Average Assets, year-to-date
  • $4,527Average Assets, quarterly
  • $43,851Volatile liabilities
  • $44,591Insider loans
  • $30,599FHLB advances
  • $45,749Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,235Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,329Restructured Loans and leases
  • $2,164Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,753Total interest income
  • $635Total interest expense
  • $1,118Net interest income
  • -$70Provision for loan and lease losses
  • $324Total noninterest income
  • $0Fiduciary activities
  • $80Service charges on deposit accounts
  • $0Trading account gains & fees
  • $244Additional noninterest income
  • $734Total noninterest expense
  • $373Salaries and employee benefits
  • $112Premises and equipment expense
  • $249Additional noninterest expense
  • $778Pre-tax net operating income
  • $0Securities gains (losses)
  • $259Applicable income taxes
  • $519Income before extraordinary items
  • $0Extraordinary gains - net
  • $519Net income attributable to bank
  • $0Net charge-offs
  • $519Cash dividends
  • -$88Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 2.72%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 12.28%Return on equity (ROE)
  • 7.55%Retained earnings to average equity (YTD only)
  • -0.35%Net charge-offs to loans
  • 79.55%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 49,376Assets per employee
  • 7.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.54%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.27%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 70.56%Net loans and leases to core deposits
  • 79.27%Equity capital to assets
  • 9.77%Core capital (leverage) ratio
  • 9.26%Tier 1 risk-based capital ratio
  • 13.84%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $43,851Average earning assets
  • $4,226Average equity
  • $41,176Average 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
  • $436Managed Assets
  • 1Number of Accounts
  • $436Personal trust and agency accounts
  • $436Employee 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
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0430301First State Bank401 Main Street, Nashua, IA 50658Febuary 21, 2005Full Service Brick and Mortar

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