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

First Central State Bank in De Witt, Iowa (IA)
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First Central State Bank routing number info

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First Central State Bank - Overview

General
FDIC Certificate #: 19716
Status: Active
Federal Reserve ID: 639549
Bank Holding Company (Regulatory Top Holder): Ohnward Bancshares, Inc. (RSSDID: 1200311, Location: Maquoketa, IA)
Date Established: June 12, 1967
WWW: http://www.firstcentralsb.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 #: 9647
FDIC's unique #: 13512
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: June 12, 1967
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: 914 Sixth Avenue, De Witt, IA 52742
County: Clinton
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
Core Based Statistical Area (CBSA): Clinton, IA (#17540)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $268.7 mil
Equity capital: $26.5 mil
Deposits held in domestic offices: $207.2 mil
Return on assets (ROA): 1.08% ($2.9 mil)
Quarterly return on assets: 1.11% ($3.0 mil)
Return on Equity (ROE): 11.31% ($2.9 mil)
Quarterly return on equity: 11.43% ($3.0 mil)
Net income: $2.9 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.56% ($4,192.3 mil)
Quarterly Pretax return on assets: 1.63% ($4,380.4 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
52Total employees (full-time equivalent)
$268,736Total assets
$11,978Cash and due from depository institutions
$4,900Interest-bearing balances
$55,428Securities
$0Federal funds sold & reverse repurchase agreements
$191,944Net loans & leases
$1,841Loan loss allowance
$0Trading account assets
$1,916Bank premises and fixed assets
$880Other real estate owned
$0Goodwill and other intangibles
$268,736Life insurance assets
$6,590All other assets
$242,239Total liabilities and capital
$207,236Total liabilities
$181,173Total deposits
$207,236Interest-bearing deposits
$88Deposits held in domestic offices
10908.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$22,866Trading liabilities
$0Other borrowed funds
$1,229Subordinated debt
$26,497All other liabilities
$26,497Total equity capital
$26,497Total bank equity capital
$0Perpetual preferred stock
$372Common stock
$1,378Surplus
$24,747Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,853Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$623Income earned, not collected on loans
$0Earning assets
$1,776Long-term assets (5+ years)
$252,272Average Assets, year-to-date
$35,507Average Assets, quarterly
$265,243Volatile liabilities
$269,953Insider loans
$204,378FHLB advances
$269,647Loans and leases held for sale
$1,506Unused loan commitments
$1,506Tier 1 (core) risk-based capital
$25,478Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$22,801Restructured Loans and leases
$908Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,605Total interest income
$3,897Total interest expense
$8,708Net interest income
$530Provision for loan and lease losses
$2,198Total noninterest income
$8Fiduciary activities
$570Service charges on deposit accounts
$0Trading account gains & fees
$1,620Additional noninterest income
$6,230Total noninterest expense
$3,572Salaries and employee benefits
$760Premises and equipment expense
$1,898Additional noninterest expense
$4,146Pre-tax net operating income
$0Securities gains (losses)
$1,293Applicable income taxes
$2,853Income before extraordinary items
$0Extraordinary gains - net
$2,853Net income attributable to bank
$0Net charge-offs
$2,853Cash dividends
$312Sale, conversion, retirement of capital stock, net
$834Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.06%Yield on earning assets
1.57%Cost of funding earning assets
3.50%Net interest margin
0.88%Noninterest income to earning assets
2.50%Noninterest expense to earning assets
1.08%Net operating income to assets
1.08%Return on assets (ROA)
1.56%Pretax return on assets
11.31%Return on equity (ROE)
8.01%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
169.87%Credit loss provision to net charge-offs
14.99%Efficiency ratio
57,125Assets per employee
5.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.23%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
295.51%Noncurrent assets plus other real estate owned to assets
0.56%Noncurrent loans to loans
0.32%Net loans and leases to deposits
92.62%Net loans and leases to core deposits
96.20%Equity capital to assets
9.86%Core capital (leverage) ratio
9.45%Tier 1 risk-based capital ratio
12.47%Total risk-based capital ratio
Memoranda
$13Average assets
$265,243Average earning assets
$25,220Average equity
$248,905Average 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
$15,043Managed Assets
1Number of Accounts
$7,862Personal trust and agency accounts
$3,268Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$292Corporate trust and agency accounts
$0Investment management agency accounts
$3,814Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$488Non-managed Assets
35Number of Accounts
$0Personal trust and agency accounts
$292Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$7,181Other retirement accounts
$0Corporate trust and agency accounts
$3,327Other fiduciary accounts
$478Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	13512	First Central State Bank	914 Sixth Avenue, De Witt, IA 52742	June 12, 1967	Full Service Brick and Mortar
2	249301	Long Grove Iowa Branch	119 First Street, Long Grove, IA 52756	Febuary 22, 1993	Full Service Brick and Mortar
3	363536	Le Claire Branch	1291 Eagle Ridge Road, Le Claire, IA 52753	April 16, 2002	Full Service Brick and Mortar
4	424698	Eldridge Branch	100 South Fourth Avenue, Unit 1, Eldridge, IA 52748	December 15, 2003	Full Service Brick and Mortar

First Central State Bank in De Witt, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Central State 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:

First Central State Bank in De Witt, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Central State 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:

First Central State Bank in De Witt, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches