The Citizens First National Bank of Storm Lake in city_name, state_name

The Citizens First National Bank of Storm Lake in Storm Lake, Iowa (IA)
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The Citizens First National Bank of Storm Lake routing number info

The Citizens First National Bank of Storm Lake - Overview

General
FDIC Certificate #: 4511
Status: Active
Federal Reserve ID: 424240
Bank Holding Company (Regulatory Top Holder): Fnc., Inc. (RSSDID: 2511322, Location: Storm Lake, IA)
Date Established: Febuary 01, 1902
WWW: http://www.citizensfnb.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: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 11217
FDIC's unique #: 2982
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
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: East 5th And Lake Avenue, Storm Lake, IA 50588
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: $198.9 mil
Equity capital: $22.4 mil
Deposits held in domestic offices: $175.8 mil
Return on assets (ROA): 1.90% ($3.8 mil)
Quarterly return on assets: 2.31% ($4.6 mil)
Return on Equity (ROE): 16.24% ($3.6 mil)
Quarterly return on equity: 19.64% ($4.3 mil)
Net income: $3.8 mil
Quarterly Net income: $1.2 mil
Pretax return on assets: 1.99% ($3,957.5 mil)
Quarterly Pretax return on assets: 2.41% ($4,792.8 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
46Total employees (full-time equivalent)
$198,871Total assets
$7,030Cash and due from depository institutions
$67Interest-bearing balances
$86,050Securities
$4,453Federal funds sold & reverse repurchase agreements
$97,741Net loans & leases
$907Loan loss allowance
$0Trading account assets
$1,064Bank premises and fixed assets
$25Other real estate owned
$0Goodwill and other intangibles
$198,871Life insurance assets
$2,508All other assets
$176,488Total liabilities and capital
$175,826Total liabilities
$152,194Total deposits
$175,826Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$662Subordinated debt
$22,383All other liabilities
$22,383Total equity capital
$22,383Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$1,000Surplus
$20,383Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$262Income earned, not collected on loans
$0Earning assets
$1,682Long-term assets (5+ years)
$188,311Average Assets, year-to-date
$14,976Average Assets, quarterly
$201,604Volatile liabilities
$203,574Insider loans
$117,877FHLB advances
$207,068Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,366Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,302Restructured Loans and leases
$1,128Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,062Total interest income
$1,402Total interest expense
$6,660Net interest income
$72Provision for loan and lease losses
$1,593Total noninterest income
$293Fiduciary activities
$280Service charges on deposit accounts
$0Trading account gains & fees
$1,020Additional noninterest income
$4,158Total noninterest expense
$2,565Salaries and employee benefits
$435Premises and equipment expense
$1,158Additional noninterest expense
$4,023Pre-tax net operating income
-$2Securities gains (losses)
$191Applicable income taxes
$3,830Income before extraordinary items
$0Extraordinary gains - net
$3,830Net income attributable to bank
$0Net charge-offs
$3,830Cash dividends
$50Sale, conversion, retirement of capital stock, net
$4,100Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.18%Yield on earning assets
0.73%Cost of funding earning assets
3.46%Net interest margin
0.83%Noninterest income to earning assets
2.16%Noninterest expense to earning assets
1.90%Net operating income to assets
1.90%Return on assets (ROA)
1.99%Pretax return on assets
16.24%Return on equity (ROE)
-1.15%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
144.00%Credit loss provision to net charge-offs
81.90%Efficiency ratio
50,382Assets per employee
4.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
107.05%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
346.18%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.27%Net loans and leases to deposits
55.59%Net loans and leases to core deposits
56.74%Equity capital to assets
11.26%Core capital (leverage) ratio
9.84%Tier 1 risk-based capital ratio
17.28%Total risk-based capital ratio
Memoranda
$18Average assets
$201,604Average earning assets
$23,578Average equity
$192,688Average 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
$85,295Managed Assets
1Number of Accounts
$85,169Personal trust and agency accounts
$59,374Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$20,097Other fiduciary accounts
$5,698Fiduciary accounts held in foreign offices
$0Non-managed Assets
183Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$126Other retirement accounts
$8Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	2982	The Citizens First National Bank Of	East 5th And Lake Avenue, Storm Lake, IA 50588	Febuary 01, 1902	Full Service Brick and Mortar
1	203769	East Branch	333 Flindt Drive, Storm Lake, IA 50588	December 12, 1972	Limited Service Facility
2	6470	Early Branch	W Main Street, Early, IA 50535	June 01, 1927	Full Service Brick and Mortar
3	428550	North Branch	1821 North Lake Avenue, Storm Lake, IA 50588	May 01, 2004	Full Service Brick and Mortar

The Citizens First National Bank of Storm Lake in Storm Lake, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Citizens First National Bank of Storm Lake - 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:

The Citizens First National Bank of Storm Lake in Storm Lake, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

The Citizens First National Bank of Storm Lake - 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:

The Citizens First National Bank of Storm Lake in Storm Lake, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches