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

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

First National Bank in Fairfield - Overview

General
FDIC Certificate #: 13853
Status: Active
Federal Reserve ID: 616148
Bank Holding Company (Regulatory Top Holder): Iowa First Bancshares Corp. (RSSDID: 1245385, Location: Muscatine, IA)
Date Established: Febuary 07, 1934
WWW: http://www.fnbfairfieldiowa.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: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 13109
FDIC's unique #: 8662
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: Febuary 07, 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: 100 East Burlington Avenue, Fairfield, IA 52556
County: Jefferson
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $121.4 mil
Equity capital: $10.3 mil
Deposits held in domestic offices: $106.6 mil
Return on assets (ROA): 1.11% ($1.3 mil)
Quarterly return on assets: 1.07% ($1.3 mil)
Return on Equity (ROE): 13.75% ($1.4 mil)
Quarterly return on equity: 12.78% ($1.3 mil)
Net income: $1.4 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.66% ($2,015.6 mil)
Quarterly Pretax return on assets: 1.77% ($2,149.2 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
34Total employees (full-time equivalent)
$121,423Total assets
$10,550Cash and due from depository institutions
$4,615Interest-bearing balances
$10,083Securities
$0Federal funds sold & reverse repurchase agreements
$94,627Net loans & leases
$1,493Loan loss allowance
$0Trading account assets
$1,948Bank premises and fixed assets
$185Other real estate owned
$0Goodwill and other intangibles
$121,423Life insurance assets
$4,030All other assets
$111,131Total liabilities and capital
$106,579Total liabilities
$81,739Total deposits
$106,579Interest-bearing deposits
$90Deposits held in domestic offices
1739.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,965Trading liabilities
$0Other borrowed funds
$848Subordinated debt
$10,292All other liabilities
$10,292Total equity capital
$10,292Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$600Surplus
$9,092Undivided profits
Memoranda
$0Noncurrent loans and leases
$376Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$643Income earned, not collected on loans
$0Earning assets
$1,153Long-term assets (5+ years)
$109,325Average Assets, year-to-date
$11,692Average Assets, quarterly
$123,377Volatile liabilities
$122,510Insider loans
$96,846FHLB advances
$124,919Loans and leases held for sale
$1,965Unused loan commitments
$1,797Tier 1 (core) risk-based capital
$10,128Tier 2 risk-based capital
$0Total risk weighted assets
$168Total unused commitments
$16,223Restructured Loans and leases
$3,319Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,417Total interest income
$816Total interest expense
$4,601Net interest income
$0Provision for loan and lease losses
$763Total noninterest income
$18Fiduciary activities
$298Service charges on deposit accounts
$0Trading account gains & fees
$447Additional noninterest income
$3,314Total noninterest expense
$1,697Salaries and employee benefits
$519Premises and equipment expense
$1,098Additional noninterest expense
$2,050Pre-tax net operating income
$0Securities gains (losses)
$680Applicable income taxes
$1,370Income before extraordinary items
$0Extraordinary gains - net
$1,370Net income attributable to bank
$0Net charge-offs
$1,370Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$800Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.89%Yield on earning assets
0.74%Cost of funding earning assets
4.15%Net interest margin
0.69%Noninterest income to earning assets
2.99%Noninterest expense to earning assets
1.11%Net operating income to assets
1.11%Return on assets (ROA)
1.66%Pretax return on assets
13.75%Return on equity (ROE)
5.72%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
61,782Assets per employee
3.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.39%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
232.19%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
0.67%Net loans and leases to deposits
88.79%Net loans and leases to core deposits
93.68%Equity capital to assets
8.48%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
10.46%Total risk-based capital ratio
Memoranda
$12Average assets
$123,377Average earning assets
$9,961Average equity
$110,770Average 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
$6,651Managed Assets
1Number of Accounts
$6,651Personal trust and agency accounts
$6,651Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
15Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	8662	First National Bank In Fairfield	100 East Burlington Avenue, Fairfield, IA 52556	Febuary 07, 1934	Full Service Brick and Mortar
1	230347	Fairfield Branch	1900 West Burlington Avenue, Fairfield, IA 52556	April 21, 1997	Full Service Brick and Mortar

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

First National Bank in Fairfield - 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

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

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