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

First Security State Bank in Evansdale, Iowa (IA)
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First Security State Bank routing number info

First Security State Bank - Overview

General
FDIC Certificate #: 18508
Status: Active
Federal Reserve ID: 681043
Bank Holding Company (Regulatory Top Holder): Evans Bancshares, Inc. (RSSDID: 1130726, Location: Evansdale, IA)
Date Established: April 23, 1962
WWW: http://www.fssbonline.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 10143
FDIC's unique #: 12400
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: April 23, 1962
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: 3600 Lafayette Road, Evansdale, IA 50707
County: Black Hawk
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
Metropolitan Statistical Area (MSA): Waterloo-Cedar Falls, IA (#8920)
Core Based Statistical Area (CBSA): Waterloo-Cedar Falls, IA (#47940)
CBSA Metro Statistical Area: Waterloo-Cedar Falls, IA (#47940)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $83.8 mil
Equity capital: $8.2 mil
Deposits held in domestic offices: $70.1 mil
Return on assets (ROA): 1.54% ($1.3 mil)
Quarterly return on assets: 1.27% ($1.1 mil)
Return on Equity (ROE): 14.63% ($1.2 mil)
Quarterly return on equity: 11.84% ($0.9 mil)
Net income: $1.3 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.62% ($1,357.9 mil)
Quarterly Pretax return on assets: 1.33% ($1,114.8 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)
$83,819Total assets
$7,451Cash and due from depository institutions
$6,308Interest-bearing balances
$9,048Securities
$1,036Federal funds sold & reverse repurchase agreements
$62,827Net loans & leases
$890Loan loss allowance
$0Trading account assets
$1,740Bank premises and fixed assets
$805Other real estate owned
$0Goodwill and other intangibles
$83,819Life insurance assets
$912All other assets
$75,570Total liabilities and capital
$70,059Total liabilities
$58,789Total deposits
$70,059Interest-bearing deposits
$87Deposits held in domestic offices
3480.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,733Trading liabilities
$0Other borrowed funds
$298Subordinated debt
$8,249All other liabilities
$8,249Total equity capital
$8,249Total bank equity capital
$0Perpetual preferred stock
$197Common stock
$2,253Surplus
$5,799Undivided profits
Memoranda
$0Noncurrent loans and leases
$216Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$269Income earned, not collected on loans
$0Earning assets
$277Long-term assets (5+ years)
$79,219Average Assets, year-to-date
$13,128Average Assets, quarterly
$81,693Volatile liabilities
$81,864Insider loans
$67,191FHLB advances
$80,929Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,125Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,544Restructured Loans and leases
$257Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,290Total interest income
$929Total interest expense
$3,361Net interest income
$0Provision for loan and lease losses
$275Total noninterest income
$0Fiduciary activities
$106Service charges on deposit accounts
$0Trading account gains & fees
$169Additional noninterest income
$2,411Total noninterest expense
$1,340Salaries and employee benefits
$419Premises and equipment expense
$652Additional noninterest expense
$1,225Pre-tax net operating income
$102Securities gains (losses)
$67Applicable income taxes
$1,260Income before extraordinary items
$0Extraordinary gains - net
$1,260Net income attributable to bank
$0Net charge-offs
$1,260Cash dividends
$120Sale, conversion, retirement of capital stock, net
$1,250Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.59%Yield on earning assets
1.21%Cost of funding earning assets
4.38%Net interest margin
0.36%Noninterest income to earning assets
3.14%Noninterest expense to earning assets
1.42%Net operating income to assets
1.54%Return on assets (ROA)
1.62%Pretax return on assets
14.63%Return on equity (ROE)
0.12%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
10.21%Efficiency ratio
66,309Assets per employee
3.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.21%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
330.86%Noncurrent assets plus other real estate owned to assets
1.28%Noncurrent loans to loans
0.42%Net loans and leases to deposits
89.68%Net loans and leases to core deposits
92.15%Equity capital to assets
9.84%Core capital (leverage) ratio
10.04%Tier 1 risk-based capital ratio
12.09%Total risk-based capital ratio
Memoranda
$13Average assets
$81,693Average earning assets
$8,615Average equity
$76,806Average loans

Total Fiduciary and Related Assets (December 31, 2003)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$13,454Managed Assets
1Number of Accounts
$9,055Personal trust and agency accounts
$4,785Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$576Corporate trust and agency accounts
$0Investment management agency accounts
$3,694Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
127Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$4,399Other retirement accounts
$2,683Corporate trust and agency accounts
$0Other fiduciary accounts
$1,716Fiduciary 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	12400	First Security State Bank	3600 Lafayette Road, Evansdale, IA 50707	April 23, 1962	Full Service Brick and Mortar
2	362311	Cedar Falls Branch	3229 Greenhill Circle, Cedar Falls, IA 50613	October 08, 2001	Full Service Brick and Mortar

First Security State Bank in Evansdale, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Security 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, 2003)

List of branches

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

First Security State Bank in Evansdale, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Security 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, 2003)

List of branches

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

First Security State Bank in Evansdale, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches