First American Bank in Jewell, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 2000

First American Bank in Jewell, Iowa (IA)
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First American Bank - Overview

General
FDIC Certificate #: 13954
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American Bank (#14808)
Federal Reserve ID: 744041
Date Established: March 01, 1913
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
FDIC's unique #: 8728
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 28, 1934
Last Structure Change Effective Date: September 18, 2000
Last Structure Change Process Date: November 07, 2000
Last Data Update: November 07, 2000
Data Source Date: April 05, 2012
Location
Address: Main And King Streets Northeast, Jewell, IA 50130
County: Hamilton
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $28.2 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
11Total employees (full-time equivalent)
$31,501Total assets
$1,297Cash and due from depository institutions
$15Interest-bearing balances
$4,961Securities
$5,070Federal funds sold & reverse repurchase agreements
$18,481Net loans & leases
$381Loan loss allowance
$0Trading account assets
$609Bank premises and fixed assets
$0Other real estate owned
$493Goodwill and other intangibles
$0Life insurance assets
$590All other assets
$31,501Total liabilities and capital
$28,607Total liabilities
$27,437Total deposits
$22,787Interest-bearing deposits
$27,437Deposits held in domestic offices
0.00%% insured (estimated)
$466Federal funds purchased & repurchase agreements
$0Trading liabilities
$400Other borrowed funds
$0Subordinated debt
$304All other liabilities
$2,894Total equity capital
$2,894Total bank equity capital
$2,894Perpetual preferred stock
$0Common stock
$202Surplus
$2,369Undivided profits
Memoranda
$323Noncurrent loans and leases
$2,813Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$377Average Assets, year-to-date
$28,527Average Assets, quarterly
$2,387Volatile liabilities
$30,097Insider loans
$30,149FHLB advances
$2,501Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,813Total unused commitments
$0Restructured Loans and leases
$268Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$2,048Total interest income
$955Total interest expense
$1,093Net interest income
$0Provision for loan and lease losses
$335Total noninterest income
$0Fiduciary activities
$140Service charges on deposit accounts
$0Trading account gains & fees
$195Additional noninterest income
$962Total noninterest expense
$394Salaries and employee benefits
$123Premises and equipment expense
$445Additional noninterest expense
$466Pre-tax net operating income
$0Securities gains (losses)
$201Applicable income taxes
$265Income before extraordinary items
$0Extraordinary gains - net
$265Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$122Sale, conversion, retirement of capital stock, net
$370Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.58%Yield on earning assets
3.53%Cost of funding earning assets
4.05%Net interest margin
1.24%Noninterest income to earning assets
3.56%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
1.55%Pretax return on assets
8.97%Return on equity (ROE)
-3.55%Retained earnings to average equity (YTD only)
-0.68%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
65,616Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
139.62%Loss allowance to loans
2.02%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
67.36%Net loans and leases to core deposits
72.75%Equity capital to assets
9.19%Core capital (leverage) ratio
8.16%Tier 1 risk-based capital ratio
11.38%Total risk-based capital ratio
Memoranda
$13Average assets
$30,097Average earning assets
$2,956Average equity
$27,021Average loans

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