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

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

First State Bank - Overview

General
FDIC Certificate #: 11634
Status: Active
Federal Reserve ID: 548641
Bank Holding Company (Regulatory Top Holder): Psb Corporation (RSSDID: 1210468, Location: Wellsburg, IA)
Date Established: January 01, 1900
WWW: http://www.fsbsumner.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 11637
FDIC's unique #: 7438
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: 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: 106 West First Street, Sumner, IA 50674
County: Bremer
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): 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: $106.1 mil
Equity capital: $12.4 mil
Deposits held in domestic offices: $79.3 mil
Return on assets (ROA): 0.88% ($0.9 mil)
Quarterly return on assets: 0.62% ($0.7 mil)
Return on Equity (ROE): 7.66% ($0.9 mil)
Quarterly return on equity: 5.25% ($0.6 mil)
Net income: $0.9 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.13% ($1,198.8 mil)
Quarterly Pretax return on assets: 0.71% ($753.2 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
22Total employees (full-time equivalent)
$106,089Total assets
$5,919Cash and due from depository institutions
$3,100Interest-bearing balances
$49,509Securities
$4,200Federal funds sold & reverse repurchase agreements
$39,854Net loans & leases
$263Loan loss allowance
$0Trading account assets
$941Bank premises and fixed assets
$623Other real estate owned
$1,430Goodwill and other intangibles
$106,089Life insurance assets
$3,613All other assets
$93,665Total liabilities and capital
$79,268Total liabilities
$67,303Total deposits
$79,268Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$12,900Trading liabilities
$0Other borrowed funds
$1,497Subordinated debt
$12,424All other liabilities
$12,424Total equity capital
$12,424Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$2,820Surplus
$9,104Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$49Income earned, not collected on loans
$0Earning assets
$727Long-term assets (5+ years)
$96,663Average Assets, year-to-date
$42,013Average Assets, quarterly
$101,601Volatile liabilities
$104,785Insider loans
$54,119FHLB advances
$103,451Loans and leases held for sale
$1,656Unused loan commitments
$1,656Tier 1 (core) risk-based capital
$9,781Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,116Restructured Loans and leases
$1,141Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,214Total interest income
$1,125Total interest expense
$3,089Net interest income
$75Provision for loan and lease losses
$391Total noninterest income
$25Fiduciary activities
$203Service charges on deposit accounts
$0Trading account gains & fees
$163Additional noninterest income
$2,259Total noninterest expense
$1,200Salaries and employee benefits
$222Premises and equipment expense
$837Additional noninterest expense
$1,146Pre-tax net operating income
$0Securities gains (losses)
$251Applicable income taxes
$895Income before extraordinary items
$0Extraordinary gains - net
$895Net income attributable to bank
$0Net charge-offs
$895Cash dividends
$9Sale, conversion, retirement of capital stock, net
$207Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.56%Yield on earning assets
1.22%Cost of funding earning assets
3.35%Net interest margin
0.42%Noninterest income to earning assets
2.45%Noninterest expense to earning assets
0.88%Net operating income to assets
0.88%Return on assets (ROA)
1.13%Pretax return on assets
7.66%Return on equity (ROE)
5.89%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
833.33%Credit loss provision to net charge-offs
135.67%Efficiency ratio
63,017Assets per employee
4.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
23.13%Loss allowance to loans
0.66%Loss allowance to noncurrent loans
536.73%Noncurrent assets plus other real estate owned to assets
0.63%Noncurrent loans to loans
0.12%Net loans and leases to deposits
50.28%Net loans and leases to core deposits
58.23%Equity capital to assets
11.71%Core capital (leverage) ratio
9.45%Tier 1 risk-based capital ratio
18.07%Total risk-based capital ratio
Memoranda
$19Average assets
$101,601Average earning assets
$11,686Average equity
$92,338Average 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
$7,009Managed Assets
1Number of Accounts
$7,009Personal trust and agency accounts
$7,009Employee 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
5Number 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	7438	First State Bank	106 West First Street, Sumner, IA 50674	January 01, 1900	Full Service Brick and Mortar
2	6711	Fayette Branch	200 Main Street, Fayette, IA 52142	April 01, 1901	Full Service Brick and Mortar

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

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

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