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

Community First Bank in Keosauqua, Iowa (IA)
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Community First Bank routing number info

Community First Bank - Overview

General
FDIC Certificate #: 11348
Status: Active
Federal Reserve ID: 845443
Bank Holding Company (Regulatory Top Holder): Van Buren Bancorporation Employee Stock Ownership Plan (RSSDID: 2139708, Location: Keosauqua, IA)
Date Established: January 01, 1931
WWW: http://www.cfirst.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 12478
FDIC's unique #: 7249
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: 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: 714 First Street, Keosauqua, IA 52565
County: Van Buren
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
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $138.9 mil
Equity capital: $18.8 mil
Deposits held in domestic offices: $113.8 mil
Return on assets (ROA): 1.59% ($2.2 mil)
Quarterly return on assets: 0.98% ($1.4 mil)
Return on Equity (ROE): 13.10% ($2.5 mil)
Quarterly return on equity: 7.12% ($1.4 mil)
Net income: $2.2 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.68% ($2,334.0 mil)
Quarterly Pretax return on assets: 1.06% ($1,472.7 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
35Total employees (full-time equivalent)
$138,931Total assets
$7,126Cash and due from depository institutions
$1,031Interest-bearing balances
$49,330Securities
$272Federal funds sold & reverse repurchase agreements
$73,897Net loans & leases
$1,684Loan loss allowance
$0Trading account assets
$1,325Bank premises and fixed assets
$59Other real estate owned
$69Goodwill and other intangibles
$138,931Life insurance assets
$6,853All other assets
$120,154Total liabilities and capital
$113,848Total liabilities
$98,716Total deposits
$113,848Interest-bearing deposits
$91Deposits held in domestic offices
901.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$405Subordinated debt
$18,777All other liabilities
$18,777Total equity capital
$18,777Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$2,700Surplus
$15,577Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$84Income earned, not collected on loans
$0Earning assets
$1,723Long-term assets (5+ years)
$124,530Average Assets, year-to-date
$78,227Average Assets, quarterly
$139,630Volatile liabilities
$139,025Insider loans
$88,975FHLB advances
$140,092Loans and leases held for sale
$4,211Unused loan commitments
$1,474Tier 1 (core) risk-based capital
$15,948Tier 2 risk-based capital
$1,500Total risk weighted assets
$1,237Total unused commitments
$9,085Restructured Loans and leases
$189Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,562Total interest income
$1,476Total interest expense
$6,086Net interest income
$100Provision for loan and lease losses
$904Total noninterest income
$42Fiduciary activities
$385Service charges on deposit accounts
$0Trading account gains & fees
$477Additional noninterest income
$4,503Total noninterest expense
$2,789Salaries and employee benefits
$461Premises and equipment expense
$1,253Additional noninterest expense
$2,387Pre-tax net operating income
-$42Securities gains (losses)
$126Applicable income taxes
$2,219Income before extraordinary items
$0Extraordinary gains - net
$2,219Net income attributable to bank
$0Net charge-offs
$2,219Cash dividends
$3Sale, conversion, retirement of capital stock, net
$1,025Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.88%Yield on earning assets
1.15%Cost of funding earning assets
4.73%Net interest margin
0.70%Noninterest income to earning assets
3.50%Noninterest expense to earning assets
1.62%Net operating income to assets
1.59%Return on assets (ROA)
1.68%Pretax return on assets
13.10%Return on equity (ROE)
7.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
3333.33%Credit loss provision to net charge-offs
829.00%Efficiency ratio
63,062Assets per employee
3.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.19%Loss allowance to loans
2.23%Loss allowance to noncurrent loans
2004.76%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.11%Net loans and leases to deposits
64.91%Net loans and leases to core deposits
66.21%Equity capital to assets
13.52%Core capital (leverage) ratio
11.38%Tier 1 risk-based capital ratio
17.92%Total risk-based capital ratio
Memoranda
$19Average assets
$139,630Average earning assets
$16,935Average equity
$128,615Average 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
$2,511Managed Assets
1Number of Accounts
$2,511Personal trust and agency accounts
$2,511Employee 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
4Number 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

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7249	Community First Bank	714 First Street, Keosauqua, IA 52565	January 01, 1931	Full Service Brick and Mortar
1	224395	Birmingham Branch	Cedar Street, Birmingham, IA 52535	April 23, 1931	Full Service Brick and Mortar
2	3969	Cantril Branch	Main Street, Cantril, IA 52542	April 03, 1930	Full Service Brick and Mortar
5	274216	North Washington Branch	110 North Washington, Bloomfield, IA 52537	January 01, 1934	Full Service Brick and Mortar

Community First Bank in Keosauqua, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community First 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:

Community First Bank in Keosauqua, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Community First 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:

Community First Bank in Keosauqua, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches