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

This bank is inactive as of July 01, 1996

First State Bank in Greene, Iowa (IA)
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First State Bank - Overview

General
FDIC Certificate #: 17223
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Lincoln Savings Bank (#14207)
Federal Reserve ID: 782744
Date Established: November 07, 1887
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 11250
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 11, 1953
Last Structure Change Effective Date: July 01, 1996
Last Structure Change Process Date: September 25, 1996
Last Data Update: September 25, 1996
Data Source Date: April 05, 2012
Location
Address: 111 East Traer, Greene, IA 50636
County: Butler
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
Financial Summary
Total assets: $36.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$37,936Cash and due from depository institutions
$941Interest-bearing balances
$0Securities
$19,378Federal funds sold & reverse repurchase agreements
$3,350Net loans & leases
$13,554Loan loss allowance
$141Trading account assets
$0Bank premises and fixed assets
$71Other real estate owned
$0Goodwill and other intangibles
$642Life insurance assets
$0All other assets
$0Total liabilities and capital
$37,936Total liabilities
$32,691Total deposits
$32,478Interest-bearing deposits
$29,639Deposits held in domestic offices
32478.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$213Total equity capital
$213Total bank equity capital
$5,245Perpetual preferred stock
$0Common stock
$100Surplus
$700Undivided profits
Memoranda
$4,445Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$46Income earned, not collected on loans
$350Earning assets
$36,282Long-term assets (5+ years)
$1,541Average Assets, year-to-date
$37,076Average Assets, quarterly
$37,382Volatile liabilities
$1,000Insider loans
$15FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,279Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,235Total risk weighted assets
$17,451Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,567Total interest expense
$1,266Net interest income
$1,301Provision for loan and lease losses
$15Total noninterest income
$127Fiduciary activities
$0Service charges on deposit accounts
$78Trading account gains & fees
$0Additional noninterest income
$49Total noninterest expense
$876Salaries and employee benefits
$538Premises and equipment expense
$79Additional noninterest expense
$259Pre-tax net operating income
$537Securities gains (losses)
$0Applicable income taxes
$127Income before extraordinary items
$410Extraordinary gains - net
$0Net income attributable to bank
$410Net charge-offs
$17Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.25%Cost of funding earning assets
3.58%Net interest margin
3.67%Noninterest income to earning assets
0.36%Noninterest expense to earning assets
2.47%Net operating income to assets
1.11%Return on assets (ROA)
1.11%Pretax return on assets
1.45%Return on equity (ROE)
8.09%Retained earnings to average equity (YTD only)
6.12%Net charge-offs to loans
0.13%Credit loss provision to net charge-offs
88.24%Efficiency ratio
61,345Assets per employee
3.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.39%Loss allowance to loans
1.03%Loss allowance to noncurrent loans
306.52%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.34%Net loans and leases to deposits
41.73%Net loans and leases to core deposits
43.06%Equity capital to assets
13.83%Core capital (leverage) ratio
13.77%Tier 1 risk-based capital ratio
30.00%Total risk-based capital ratio
Memoranda
$31Average assets
$37,076Average earning assets
$5,065Average equity
$35,412Average loans

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