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

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

First State Bank - Overview

General
FDIC Certificate #: 8500
Status: Active
Federal Reserve ID: 822846
Bank Holding Company (Regulatory Top Holder): First State Bancshares, Inc. (RSSDID: 2592705, Location: Ida Grove, IA)
Date Established: January 01, 1933
WWW: http://www.firststbk.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 15780
FDIC's unique #: 5412
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: July 08, 2008
Last Structure Change Process Date: August 28, 2008
Last Data Update: August 28, 2008
Data Source Date: April 05, 2012
Location
Address: 200 Moorehead Avenue, Ida Grove, IA 51445
County: Ida
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Change in Location
Financial Summary
Total assets: $136.4 mil
Equity capital: $12.4 mil
Deposits held in domestic offices: $118.6 mil
Return on assets (ROA): 1.49% ($2.0 mil)
Quarterly return on assets: 0.60% ($0.8 mil)
Return on Equity (ROE): 16.85% ($2.0 mil)
Quarterly return on equity: 6.48% ($0.8 mil)
Net income: $1.9 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.56% ($2,127.5 mil)
Quarterly Pretax return on assets: 0.65% ($886.5 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
31Total employees (full-time equivalent)
$136,381Total assets
$4,208Cash and due from depository institutions
$256Interest-bearing balances
$53,251Securities
$0Federal funds sold & reverse repurchase agreements
$74,408Net loans & leases
$1,246Loan loss allowance
$0Trading account assets
$1,355Bank premises and fixed assets
$0Other real estate owned
$47Goodwill and other intangibles
$136,381Life insurance assets
$3,112All other assets
$123,974Total liabilities and capital
$118,613Total liabilities
$102,070Total deposits
$118,613Interest-bearing deposits
$93Deposits held in domestic offices
65.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$296Subordinated debt
$12,407All other liabilities
$12,407Total equity capital
$12,407Total bank equity capital
$0Perpetual preferred stock
$862Common stock
$1,623Surplus
$9,922Undivided profits
Memoranda
$0Noncurrent loans and leases
$257Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$196Income earned, not collected on loans
$0Earning assets
$1,565Long-term assets (5+ years)
$127,915Average Assets, year-to-date
$47,009Average Assets, quarterly
$127,254Volatile liabilities
$134,512Insider loans
$101,899FHLB advances
$133,754Loans and leases held for sale
$711Unused loan commitments
$711Tier 1 (core) risk-based capital
$10,939Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,434Restructured Loans and leases
$1,335Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,933Total interest income
$1,444Total interest expense
$4,489Net interest income
$180Provision for loan and lease losses
$417Total noninterest income
$116Fiduciary activities
$152Service charges on deposit accounts
$0Trading account gains & fees
$149Additional noninterest income
$2,892Total noninterest expense
$1,718Salaries and employee benefits
$285Premises and equipment expense
$889Additional noninterest expense
$1,834Pre-tax net operating income
$157Securities gains (losses)
$96Applicable income taxes
$1,895Income before extraordinary items
$0Extraordinary gains - net
$1,895Net income attributable to bank
$0Net charge-offs
$1,895Cash dividends
$46Sale, conversion, retirement of capital stock, net
$953Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.99%Yield on earning assets
1.21%Cost of funding earning assets
3.77%Net interest margin
0.35%Noninterest income to earning assets
2.43%Noninterest expense to earning assets
1.37%Net operating income to assets
1.49%Return on assets (ROA)
1.56%Pretax return on assets
16.85%Return on equity (ROE)
8.38%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
391.30%Credit loss provision to net charge-offs
43.78%Efficiency ratio
58,948Assets per employee
4.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.29%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
635.71%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.26%Net loans and leases to deposits
62.73%Net loans and leases to core deposits
66.58%Equity capital to assets
9.10%Core capital (leverage) ratio
8.18%Tier 1 risk-based capital ratio
10.74%Total risk-based capital ratio
Memoranda
$12Average assets
$127,254Average earning assets
$11,246Average equity
$118,919Average 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
$13,491Managed Assets
1Number of Accounts
$13,350Personal trust and agency accounts
$13,350Employee 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
31Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$141Other retirement accounts
$34Corporate trust and agency accounts
$0Other fiduciary accounts
$107Fiduciary accounts held in foreign offices

List of branches

5 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	5412	First State Bank	200 Moorehead Avenue, Ida Grove, IA 51445	January 01, 1933	Full Service Brick and Mortar
1	218613	Battle Creek Branch	202-204 Second Street, Battle Creek, IA 51006	June 19, 1978	Full Service Brick and Mortar
2	364834	Danbury Branch	202-203 Main Street, Danbury, IA 51019	Febuary 01, 2002	Full Service Brick and Mortar
3	452960	Mapleton Branch	414 Main Street, Mapleton, IA 51034	April 03, 2006	Full Service Brick and Mortar
4	9439	Odebolt Branch	100 South Main Street, Odebolt, IA 51458	November 22, 1934	Full Service Brick and Mortar

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