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

First Bank in West Des Moines, Iowa (IA)
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First Bank - Overview

General
FDIC Certificate #: 4516
Status: Active
Federal Reserve ID: 378549
Bank Holding Company (Regulatory Top Holder): Fnb Holding Company (RSSDID: 1208568, Location: West Des Moines, IA)
Date Established: July 08, 1901
WWW: http://www.firstbankdm.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 14000
FDIC's unique #: 2984
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: October 13, 2009
Last Structure Change Process Date: October 13, 2009
Last Data Update: October 13, 2009
Data Source Date: April 05, 2012
Location
Address: 5625 Mills Civic Parkway, West Des Moines, IA 50266
County: Polk
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
Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
Financial Summary
Total assets: $93.4 mil
Equity capital: $4.7 mil
Deposits held in domestic offices: $84.1 mil
Return on assets (ROA): 0.09% ($0.1 mil)
Quarterly return on assets: 0.27% ($0.3 mil)
Return on Equity (ROE): 1.88% ($0.1 mil)
Quarterly return on equity: 5.62% ($0.3 mil)
Net income: $0.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.09% ($84.0 mil)
Quarterly Pretax return on assets: 0.27% ($252.1 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
23Total employees (full-time equivalent)
$93,354Total assets
$2,156Cash and due from depository institutions
$148Interest-bearing balances
$19,211Securities
$460Federal funds sold & reverse repurchase agreements
$58,980Net loans & leases
$2,942Loan loss allowance
$0Trading account assets
$5,356Bank premises and fixed assets
$5,781Other real estate owned
$0Goodwill and other intangibles
$93,354Life insurance assets
$1,410All other assets
$88,702Total liabilities and capital
$84,123Total liabilities
$70,313Total deposits
$84,123Interest-bearing deposits
$98Deposits held in domestic offices
3883.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$696Subordinated debt
$4,652All other liabilities
$4,652Total equity capital
$4,652Total bank equity capital
$0Perpetual preferred stock
$270Common stock
$8,770Surplus
$-4,388Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,853Income earned, not collected on loans
$0Earning assets
$319Long-term assets (5+ years)
$78,799Average Assets, year-to-date
$19,355Average Assets, quarterly
$100,165Volatile liabilities
$95,857Insider loans
$63,503FHLB advances
$97,296Loans and leases held for sale
$452Unused loan commitments
$452Tier 1 (core) risk-based capital
$4,640Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,083Restructured Loans and leases
$171Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,655Total interest income
$1,304Total interest expense
$3,351Net interest income
$654Provision for loan and lease losses
$707Total noninterest income
$0Fiduciary activities
$245Service charges on deposit accounts
$0Trading account gains & fees
$462Additional noninterest income
$3,612Total noninterest expense
$1,553Salaries and employee benefits
$619Premises and equipment expense
$1,440Additional noninterest expense
-$208Pre-tax net operating income
$300Securities gains (losses)
$0Applicable income taxes
$92Income before extraordinary items
$0Extraordinary gains - net
$92Net income attributable to bank
$0Net charge-offs
$92Cash dividends
$1,020Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.45%Yield on earning assets
1.53%Cost of funding earning assets
3.92%Net interest margin
0.83%Noninterest income to earning assets
4.23%Noninterest expense to earning assets
-0.21%Net operating income to assets
0.09%Return on assets (ROA)
0.09%Pretax return on assets
1.88%Return on equity (ROE)
1.88%Retained earnings to average equity (YTD only)
1.49%Net charge-offs to loans
64.12%Credit loss provision to net charge-offs
0.44%Efficiency ratio
89,009Assets per employee
4.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.75%Loss allowance to noncurrent loans
60.62%Noncurrent assets plus other real estate owned to assets
11.66%Noncurrent loans to loans
7.84%Net loans and leases to deposits
70.11%Net loans and leases to core deposits
70.55%Equity capital to assets
4.98%Core capital (leverage) ratio
4.77%Tier 1 risk-based capital ratio
7.31%Total risk-based capital ratio
Memoranda
$9Average assets
$100,165Average earning assets
$4,899Average equity
$85,410Average loans

List of branches

3 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	2984	First Bank	5625 Mills Civic Parkway, West Des Moines, IA 50266	July 08, 1901	Full Service Brick and Mortar
1	203771	Fifth Street Branch	301 Fifth Street, West Des Moines, IA 50265	March 06, 1972	Full Service Brick and Mortar
3	425151	Johnston/86th Street Branch	8430 Birchwood Court, Suite 1100, Johnston, IA 50131	October 15, 2003	Full Service Brick and Mortar

First Bank in West Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Bank in West Des Moines, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First Bank in West Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches