First Trust and Savings Bank in Coralville, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Trust and Savings Bank - Overview

  • General
  • FDIC Certificate #: 10123
    Status: Active
    Federal Reserve ID: 84046
    Date Established: April 15, 1931
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 14540
    FDIC's unique #: 6476
    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: 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: 1831 Second Street, Coralville, IA 52241
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $49.8 mil
    Equity capital: $5.2 mil
    Deposits held in domestic offices: $40.0 mil
    Return on assets (ROA): 0.52% ($0.3 mil)
    Quarterly return on assets: 0.89% ($0.4 mil)
    Return on Equity (ROE): 5.14% ($0.3 mil)
    Quarterly return on equity: 8.39% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.52% ($259.1 mil)
    Quarterly Pretax return on assets: 0.89% ($443.5 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
  • 12Total employees (full-time equivalent)
  • $49,836Total assets
  • $1,068Cash and due from depository institutions
  • $50Interest-bearing balances
  • $26,930Securities
  • $430Federal funds sold & reverse repurchase agreements
  • $17,119Net loans & leases
  • $469Loan loss allowance
  • $0Trading account assets
  • $1,818Bank premises and fixed assets
  • $965Other real estate owned
  • $0Goodwill and other intangibles
  • $49,836Life insurance assets
  • $1,506All other assets
  • $44,686Total liabilities and capital
  • $40,038Total liabilities
  • $34,248Total deposits
  • $40,038Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,500Trading liabilities
  • $0Other borrowed funds
  • $148Subordinated debt
  • $5,150All other liabilities
  • $5,150Total equity capital
  • $5,150Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $725Surplus
  • $4,225Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $838Income earned, not collected on loans
  • $0Earning assets
  • $412Long-term assets (5+ years)
  • $44,529Average Assets, year-to-date
  • $20,221Average Assets, quarterly
  • $48,295Volatile liabilities
  • $48,788Insider loans
  • $31,649FHLB advances
  • $48,173Loans and leases held for sale
  • $605Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,606Tier 2 risk-based capital
  • $605Total risk weighted assets
  • $0Total unused commitments
  • $4,631Restructured Loans and leases
  • $317Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,194Total interest income
  • $588Total interest expense
  • $1,606Net interest income
  • $115Provision for loan and lease losses
  • $80Total noninterest income
  • $0Fiduciary activities
  • $80Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,526Total noninterest expense
  • $804Salaries and employee benefits
  • $273Premises and equipment expense
  • $449Additional noninterest expense
  • $45Pre-tax net operating income
  • $208Securities gains (losses)
  • $0Applicable income taxes
  • $253Income before extraordinary items
  • $0Extraordinary gains - net
  • $253Net income attributable to bank
  • $0Net charge-offs
  • $253Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.09%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 5.14%Return on equity (ROE)
  • 5.14%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
  • 90,510Assets per employee
  • 4.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.67%Loss allowance to noncurrent loans
  • 55.97%Noncurrent assets plus other real estate owned to assets
  • 3.62%Noncurrent loans to loans
  • 4.76%Net loans and leases to deposits
  • 42.76%Net loans and leases to core deposits
  • 44.16%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 9.56%Tier 1 risk-based capital ratio
  • 14.55%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $48,295Average earning assets
  • $4,925Average equity
  • $43,453Average 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
  • $746Managed Assets
  • 1Number 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
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 14Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $746Other retirement accounts
  • $0Corporate trust and agency accounts
  • $746Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06476First Trust And Savings Bank1831 Second Street, Coralville, IA 52241April 15, 1931Full Service Brick and Mortar
    1291945Oxford Branch102 Augusta Avenue, Oxford, IA 52322December 27, 1999Full Service Brick and Mortar

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