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

First Community Bank in Newell, Iowa (IA)
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First Community Bank - Overview

General
FDIC Certificate #: 14904
Status: Active
Federal Reserve ID: 233246
Bank Holding Company (Regulatory Top Holder): Newell Bancshares, Inc. (RSSDID: 2382335, Location: Newell, IA)
Date Established: January 01, 1912
WWW: http://www.fcb4u.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 3, Interstate: No)
FDIC's unique #: 9333
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: December 04, 1934
Last Structure Change Effective Date: March 24, 2012
Last Structure Change Process Date: March 30, 2012
Last Data Update: March 30, 2012
Data Source Date: April 05, 2012
Location
Address: Second And Fulton, Newell, IA 50568
County: Buena Vista
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
Core Based Statistical Area (CBSA): Storm Lake, IA (#44740)
CBSA Micro Statistical Area: Yes
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $57.9 mil
Equity capital: $7.3 mil
Deposits held in domestic offices: $44.6 mil
Return on assets (ROA): 1.54% ($0.9 mil)
Quarterly return on assets: 1.51% ($0.9 mil)
Return on Equity (ROE): 12.35% ($0.9 mil)
Quarterly return on equity: 11.61% ($0.8 mil)
Net income: $0.9 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.61% ($931.7 mil)
Quarterly Pretax return on assets: 1.58% ($914.3 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
16Total employees (full-time equivalent)
$57,868Total assets
$9,579Cash and due from depository institutions
$8,480Interest-bearing balances
$9,409Securities
$35Federal funds sold & reverse repurchase agreements
$34,733Net loans & leases
$357Loan loss allowance
$0Trading account assets
$504Bank premises and fixed assets
$0Other real estate owned
$1,174Goodwill and other intangibles
$57,868Life insurance assets
$2,434All other assets
$50,549Total liabilities and capital
$44,566Total liabilities
$33,854Total deposits
$44,566Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,772Trading liabilities
$0Other borrowed funds
$211Subordinated debt
$7,319All other liabilities
$7,319Total equity capital
$7,319Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$4,350Surplus
$2,869Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$41Income earned, not collected on loans
$41Earning assets
$699Long-term assets (5+ years)
$52,657Average Assets, year-to-date
$18,629Average Assets, quarterly
$57,454Volatile liabilities
$56,292Insider loans
$44,418FHLB advances
$56,411Loans and leases held for sale
$1,154Unused loan commitments
$1,154Tier 1 (core) risk-based capital
$6,080Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,335Restructured Loans and leases
$436Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,528Total interest income
$509Total interest expense
$2,019Net interest income
$2Provision for loan and lease losses
$182Total noninterest income
$0Fiduciary activities
$103Service charges on deposit accounts
$0Trading account gains & fees
$79Additional noninterest income
$1,272Total noninterest expense
$765Salaries and employee benefits
$176Premises and equipment expense
$331Additional noninterest expense
$927Pre-tax net operating income
-$1Securities gains (losses)
$43Applicable income taxes
$883Income before extraordinary items
$0Extraordinary gains - net
$883Net income attributable to bank
$0Net charge-offs
$883Cash dividends
$1Sale, conversion, retirement of capital stock, net
$700Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.82%Yield on earning assets
0.97%Cost of funding earning assets
3.85%Net interest margin
0.35%Noninterest income to earning assets
2.43%Noninterest expense to earning assets
1.54%Net operating income to assets
1.54%Return on assets (ROA)
1.61%Pretax return on assets
12.35%Return on equity (ROE)
2.56%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
929.00%Efficiency ratio
56,792Assets per employee
3.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.28%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
870.73%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.12%Net loans and leases to deposits
77.94%Net loans and leases to core deposits
80.26%Equity capital to assets
12.65%Core capital (leverage) ratio
10.78%Tier 1 risk-based capital ratio
13.69%Total risk-based capital ratio
Memoranda
$14Average assets
$57,454Average earning assets
$7,152Average equity
$52,426Average loans

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9333	First Community Bank	Second And Fulton, Newell, IA 50568	January 01, 1912	Full Service Brick and Mortar
1	203725	Fonda Branch	212 Main Street, Fonda, IA 50540	November 13, 1992	Full Service Brick and Mortar
2	9355	Pomeroy Branch	118 West Main Street, Pomeroy, IA 50575	January 01, 1892	Full Service Brick and Mortar
3	5424	Union-Rockwell City Branch	400 Main Street, Rockwell City, IA 50579	January 01, 1929	Full Service Brick and Mortar

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

First Community Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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