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

First American Bank in Sioux City, Iowa (IA)
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First American Bank - Overview

General
FDIC Certificate #: 35167
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American Bank (#14808)
Federal Reserve ID: 2769039
Date Established: April 27, 1999
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 75640
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: April 27, 1999
Last Structure Change Effective Date: June 15, 2002
Last Structure Change Process Date: July 30, 2002
Last Data Update: July 30, 2002
Data Source Date: April 05, 2012
Location
Address: 800 Gordon Drive, Sioux City, IA 51101
County: Woodbury
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
Metropolitan Statistical Area (MSA): Sioux City, IA-NE (#7720)
Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
Financial Summary
Total assets: $55.1 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, 2001)

Dollar figures in thousands
13Total employees (full-time equivalent)
$51,042Total assets
$2,900Cash and due from depository institutions
$0Interest-bearing balances
$6,041Securities
$1,320Federal funds sold & reverse repurchase agreements
$39,650Net loans & leases
$860Loan loss allowance
$0Trading account assets
$391Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$740All other assets
$51,042Total liabilities and capital
$46,495Total liabilities
$43,635Total deposits
$36,856Interest-bearing deposits
$43,635Deposits held in domestic offices
0.00%% insured (estimated)
$392Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$468All other liabilities
$4,547Total equity capital
$4,547Total bank equity capital
$4,547Perpetual preferred stock
$0Common stock
$2,500Surplus
$2,500Undivided profits
Memoranda
$-453Noncurrent loans and leases
$6,895Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$305Earning assets
$0Long-term assets (5+ years)
$215Average Assets, year-to-date
$47,011Average Assets, quarterly
$2,401Volatile liabilities
$48,673Insider loans
$52,366FHLB advances
$15,452Loans and leases held for sale
$1,871Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$646Total risk weighted assets
$6,895Total unused commitments
$0Restructured Loans and leases
$552Derivatives

Income and Expense (December 31, 2001)

Dollar figures in thousands
$3,566Total interest income
$1,956Total interest expense
$1,610Net interest income
$508Provision for loan and lease losses
$549Total noninterest income
$0Fiduciary activities
$153Service charges on deposit accounts
$0Trading account gains & fees
$396Additional noninterest income
$1,587Total noninterest expense
$819Salaries and employee benefits
$325Premises and equipment expense
$443Additional noninterest expense
$64Pre-tax net operating income
$0Securities gains (losses)
$31Applicable income taxes
$33Income before extraordinary items
$0Extraordinary gains - net
$33Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$18Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2001)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.75%Yield on earning assets
4.25%Cost of funding earning assets
3.50%Net interest margin
1.19%Noninterest income to earning assets
3.45%Noninterest expense to earning assets
0.07%Net operating income to assets
0.07%Return on assets (ROA)
0.13%Pretax return on assets
0.71%Return on equity (ROE)
0.71%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
2822.22%Credit loss provision to net charge-offs
31.78%Efficiency ratio
73,506Assets per employee
3.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.12%Loss allowance to noncurrent loans
281.97%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
0.75%Net loans and leases to deposits
90.87%Net loans and leases to core deposits
138.76%Equity capital to assets
8.91%Core capital (leverage) ratio
8.36%Tier 1 risk-based capital ratio
9.79%Total risk-based capital ratio
Memoranda
$11Average assets
$48,673Average earning assets
$4,619Average equity
$46,013Average loans

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

First American Bank - Overview

Assets and Liabilities (December 31, 2001)

Income and Expense (December 31, 2001)

Performance and Condition Ratios (December 31, 2001)

Comment about this bank, ask questions, or add new information about it:

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

First American Bank - Overview

Assets and Liabilities (December 31, 2001)

Income and Expense (December 31, 2001)

Performance and Condition Ratios (December 31, 2001)

Comment about this bank, ask questions, or add new information about it:

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