First Whitney Bank and Trust in city_name, state_name - Detailed Financial Reports, Location

First Whitney Bank and Trust in Atlantic, Iowa (IA)
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First Whitney Bank and Trust routing number info

First Whitney Bank and Trust - Overview

General
FDIC Certificate #: 254
Status: Active
Federal Reserve ID: 740249
Bank Holding Company (Regulatory Top Holder): Whitney Corporation Of Iowa (RSSDID: 1200571, Location: Atlantic, IA)
Date Established: January 01, 1907
WWW: http://www.firstwhitneybank.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 203
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: 223 Chestnut Street, Atlantic, IA 50022
County: Cass
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $166.4 mil
Equity capital: $19.7 mil
Deposits held in domestic offices: $146.4 mil
Return on assets (ROA): 2.18% ($3.6 mil)
Quarterly return on assets: 1.96% ($3.3 mil)
Return on Equity (ROE): 19.54% ($3.9 mil)
Quarterly return on equity: 16.61% ($3.3 mil)
Net income: $3.5 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 2.30% ($3,826.1 mil)
Quarterly Pretax return on assets: 2.07% ($3,443.5 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
21Total employees (full-time equivalent)
$166,354Total assets
$8,193Cash and due from depository institutions
$4,061Interest-bearing balances
$57,198Securities
$534Federal funds sold & reverse repurchase agreements
$97,279Net loans & leases
$436Loan loss allowance
$0Trading account assets
$476Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$166,354Life insurance assets
$2,674All other assets
$146,627Total liabilities and capital
$146,393Total liabilities
$119,334Total deposits
$146,393Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$234Subordinated debt
$19,727All other liabilities
$19,727Total equity capital
$19,727Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$4,400Surplus
$14,727Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$231Income earned, not collected on loans
$0Earning assets
$1,595Long-term assets (5+ years)
$159,072Average Assets, year-to-date
$42,622Average Assets, quarterly
$158,671Volatile liabilities
$163,173Insider loans
$124,589FHLB advances
$156,729Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,435Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$29,862Restructured Loans and leases
$127Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,694Total interest income
$1,110Total interest expense
$5,584Net interest income
$0Provision for loan and lease losses
$377Total noninterest income
$12Fiduciary activities
$234Service charges on deposit accounts
$0Trading account gains & fees
$131Additional noninterest income
$2,308Total noninterest expense
$1,553Salaries and employee benefits
$240Premises and equipment expense
$515Additional noninterest expense
$3,653Pre-tax net operating income
$0Securities gains (losses)
$201Applicable income taxes
$3,452Income before extraordinary items
$0Extraordinary gains - net
$3,452Net income attributable to bank
$0Net charge-offs
$3,452Cash dividends
$0Sale, conversion, retirement of capital stock, net
$1,800Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.41%Yield on earning assets
0.73%Cost of funding earning assets
3.68%Net interest margin
0.25%Noninterest income to earning assets
1.52%Noninterest expense to earning assets
2.18%Net operating income to assets
2.18%Return on assets (ROA)
2.30%Pretax return on assets
19.54%Return on equity (ROE)
9.35%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
38,718Assets per employee
7.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.14%Loss allowance to loans
0.45%Loss allowance to noncurrent loans
188.74%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.24%Net loans and leases to deposits
66.45%Net loans and leases to core deposits
67.68%Equity capital to assets
11.86%Core capital (leverage) ratio
11.12%Tier 1 risk-based capital ratio
13.99%Total risk-based capital ratio
Memoranda
$14Average assets
$158,671Average earning assets
$17,667Average equity
$151,910Average 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
$6,086Managed Assets
1Number of Accounts
$5,313Personal trust and agency accounts
$2,621Employee benefit-defined contribution accounts
$2,692Employee 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
146Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$773Other retirement accounts
$773Corporate 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	203	First Whitney Bank And Trust	223 Chestnut Street, Atlantic, IA 50022	January 01, 1907	Full Service Brick and Mortar
1	181403	Drive-In Branch	700 Chestnut Street, Atlantic, IA 50022	November 01, 1982	Limited Service Facility

First Whitney Bank and Trust in Atlantic, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Whitney Bank and Trust - 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 Whitney Bank and Trust in Atlantic, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Whitney Bank and Trust - 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 Whitney Bank and Trust in Atlantic, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches