First National Bank, Ames, Iowa in city_name, state_name - Detailed Financial Reports, Location

First National Bank, Ames, Iowa in Ames, Iowa (IA)
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First National Bank, Ames, Iowa routing number info

First National Bank, Ames, Iowa - Overview

General
FDIC Certificate #: 1545
Status: Active
Federal Reserve ID: 820048
Bank Holding Company (Regulatory Top Holder): Ames National Corporation (RSSDID: 1202258, Location: Ames, IA)
Date Established: May 22, 1903
WWW: http://www.fnbames.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 15907
FDIC's unique #: 1014
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
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: 405 Fifth Street, Ames, IA 50010
County: Story
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
Combined Statistical Area (CSA): Ames-Boone, IA (#112)
Core Based Statistical Area (CBSA): Ames, IA (#11180)
CBSA Metro Statistical Area: Ames, IA (#11180)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $560.8 mil
Equity capital: $61.7 mil
Deposits held in domestic offices: $461.4 mil
Return on assets (ROA): 1.40% ($7.9 mil)
Quarterly return on assets: 1.33% ($7.5 mil)
Return on Equity (ROE): 13.07% ($8.1 mil)
Quarterly return on equity: 12.00% ($7.4 mil)
Net income: $7.5 mil
Quarterly Net income: $1.8 mil
Pretax return on assets: 1.84% ($10,317.9 mil)
Quarterly Pretax return on assets: 1.69% ($9,476.7 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
94Total employees (full-time equivalent)
$560,753Total assets
$20,092Cash and due from depository institutions
$1,551Interest-bearing balances
$310,244Securities
$8,900Federal funds sold & reverse repurchase agreements
$203,646Net loans & leases
$3,378Loan loss allowance
$0Trading account assets
$6,321Bank premises and fixed assets
$5,479Other real estate owned
$0Goodwill and other intangibles
$560,753Life insurance assets
$6,071All other assets
$499,012Total liabilities and capital
$461,430Total liabilities
$380,010Total deposits
$461,430Interest-bearing deposits
$74Deposits held in domestic offices
9701.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$25,000Trading liabilities
$0Other borrowed funds
$2,881Subordinated debt
$61,741All other liabilities
$61,741Total equity capital
$61,741Total bank equity capital
$0Perpetual preferred stock
$3,804Common stock
$12,046Surplus
$45,891Undivided profits
Memoranda
$0Noncurrent loans and leases
$479Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,463Income earned, not collected on loans
$0Earning assets
$2,816Long-term assets (5+ years)
$524,341Average Assets, year-to-date
$196,052Average Assets, quarterly
$538,475Volatile liabilities
$554,422Insider loans
$413,699FHLB advances
$545,591Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$55,906Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$44,912Restructured Loans and leases
$427Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$18,192Total interest income
$2,977Total interest expense
$15,215Net interest income
$178Provision for loan and lease losses
$3,769Total noninterest income
$1,454Fiduciary activities
$675Service charges on deposit accounts
$0Trading account gains & fees
$1,640Additional noninterest income
$9,412Total noninterest expense
$5,278Salaries and employee benefits
$1,007Premises and equipment expense
$3,127Additional noninterest expense
$9,394Pre-tax net operating income
$534Securities gains (losses)
$2,411Applicable income taxes
$7,517Income before extraordinary items
$0Extraordinary gains - net
$7,517Net income attributable to bank
$0Net charge-offs
$7,517Cash dividends
$56Sale, conversion, retirement of capital stock, net
$2,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.61%Yield on earning assets
0.59%Cost of funding earning assets
3.02%Net interest margin
0.75%Noninterest income to earning assets
1.87%Noninterest expense to earning assets
1.32%Net operating income to assets
1.40%Return on assets (ROA)
1.84%Pretax return on assets
13.07%Return on equity (ROE)
9.60%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
317.86%Credit loss provision to net charge-offs
170.93%Efficiency ratio
49,579Assets per employee
5.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.61%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
75.69%Noncurrent assets plus other real estate owned to assets
1.77%Noncurrent loans to loans
2.16%Net loans and leases to deposits
44.13%Net loans and leases to core deposits
47.17%Equity capital to assets
11.01%Core capital (leverage) ratio
10.25%Tier 1 risk-based capital ratio
13.51%Total risk-based capital ratio
Memoranda
$14Average assets
$538,475Average earning assets
$57,496Average equity
$504,163Average 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
$164,976Managed Assets
1Number of Accounts
$148,950Personal trust and agency accounts
$66,553Employee benefit-defined contribution accounts
$8,973Employee benefit-defined benefit accounts
$0Other retirement accounts
$3,989Corporate trust and agency accounts
$0Investment management agency accounts
$65,528Other fiduciary accounts
$3,907Fiduciary accounts held in foreign offices
$0Non-managed Assets
254Number of Accounts
$0Personal trust and agency accounts
$3,811Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$16,026Other retirement accounts
$2,835Corporate trust and agency accounts
$13,191Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1014	First National Bank, Ames, Iowa	405 Fifth Street, Ames, IA 50010	May 22, 1903	Full Service Brick and Mortar
1	189770	University Branch	2330 Lincoln Way, Ames, IA 50010	August 29, 1967	Full Service Brick and Mortar
4	189772	North Grand Branch	24th Street & Grand Ave, Ames, IA 50010	August 06, 1997	Full Service Brick and Mortar
5	463396	First National Bank, Ankeny Office	1205 North Ankeny Boulevard, Ankeny, IA 50021	April 16, 2007	Full Service Brick and Mortar

First National Bank, Ames, Iowa in Ames, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank, Ames, Iowa - 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 National Bank, Ames, Iowa in Ames, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank, Ames, Iowa - 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 National Bank, Ames, Iowa in Ames, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches