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

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

First State Bank - Overview

General
FDIC Certificate #: 5821
Status: Active
Federal Reserve ID: 677448
Bank Holding Company (Regulatory Top Holder): First State Bank Holding Company (RSSDID: 1207114, Location: Lynnville, IA)
Date Established: January 01, 1912
WWW: http://www.lynnvillebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 3979
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: Yes
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: 413 East Street, Lynnville, IA 50153
County: Jasper
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): Des Moines-Newton-Pella, IA (#218)
Core Based Statistical Area (CBSA): Newton, IA (#35500)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $99.3 mil
Equity capital: $10.2 mil
Deposits held in domestic offices: $79.5 mil
Return on assets (ROA): 1.69% ($1.7 mil)
Quarterly return on assets: 1.86% ($1.8 mil)
Return on Equity (ROE): 16.72% ($1.7 mil)
Quarterly return on equity: 18.01% ($1.8 mil)
Net income: $1.6 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.77% ($1,757.4 mil)
Quarterly Pretax return on assets: 1.95% ($1,936.2 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
15Total employees (full-time equivalent)
$99,290Total assets
$5,720Cash and due from depository institutions
$2,628Interest-bearing balances
$17,377Securities
$0Federal funds sold & reverse repurchase agreements
$71,846Net loans & leases
$1,350Loan loss allowance
$0Trading account assets
$514Bank premises and fixed assets
$241Other real estate owned
$0Goodwill and other intangibles
$99,290Life insurance assets
$3,592All other assets
$89,054Total liabilities and capital
$79,486Total liabilities
$70,639Total deposits
$79,486Interest-bearing deposits
$91Deposits held in domestic offices
4465.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,949Trading liabilities
$0Other borrowed funds
$154Subordinated debt
$10,236All other liabilities
$10,236Total equity capital
$10,236Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,300Surplus
$7,836Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$391Income earned, not collected on loans
$0Earning assets
$1,543Long-term assets (5+ years)
$91,851Average Assets, year-to-date
$11,964Average Assets, quarterly
$96,575Volatile liabilities
$99,009Insider loans
$79,750FHLB advances
$99,386Loans and leases held for sale
$1,338Unused loan commitments
$1,049Tier 1 (core) risk-based capital
$9,772Tier 2 risk-based capital
$0Total risk weighted assets
$289Total unused commitments
$11,053Restructured Loans and leases
$898Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,117Total interest income
$1,254Total interest expense
$3,863Net interest income
$480Provision for loan and lease losses
$247Total noninterest income
$0Fiduciary activities
$118Service charges on deposit accounts
$0Trading account gains & fees
$129Additional noninterest income
$1,914Total noninterest expense
$1,106Salaries and employee benefits
$305Premises and equipment expense
$503Additional noninterest expense
$1,716Pre-tax net operating income
-$4Securities gains (losses)
$83Applicable income taxes
$1,629Income before extraordinary items
$0Extraordinary gains - net
$1,629Net income attributable to bank
$0Net charge-offs
$1,629Cash dividends
$105Sale, conversion, retirement of capital stock, net
$710Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.72%Yield on earning assets
1.40%Cost of funding earning assets
4.32%Net interest margin
0.28%Noninterest income to earning assets
2.14%Noninterest expense to earning assets
1.69%Net operating income to assets
1.69%Return on assets (ROA)
1.77%Pretax return on assets
16.72%Return on equity (ROE)
9.44%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
457.14%Credit loss provision to net charge-offs
20.91%Efficiency ratio
46,569Assets per employee
6.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.59%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
345.27%Noncurrent assets plus other real estate owned to assets
0.69%Noncurrent loans to loans
0.53%Net loans and leases to deposits
90.39%Net loans and leases to core deposits
98.61%Equity capital to assets
10.31%Core capital (leverage) ratio
9.83%Tier 1 risk-based capital ratio
12.25%Total risk-based capital ratio
Memoranda
$14Average assets
$96,575Average earning assets
$9,740Average equity
$89,437Average loans

List of branches

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	3979	First State Bank	413 East Street, Lynnville, IA 50153	January 01, 1912	Full Service Brick and Mortar
1	443027	Sully Branch	301 7th Avenue, Sully, IA 50251	May 02, 2005	Full Service Brick and Mortar

First State Bank in Lynnville, 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)

List of branches

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First State Bank in Lynnville, 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)

List of branches

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

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