FDIC Certificate #: 11350 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank (#4519) Federal Reserve ID: 2721475 Date Established: May 23, 1917 WWW:http://www.fnbcedarfalls.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 7251 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 19, 2005 Last Structure Change Process Date: September 06, 2005 Last Data Update: September 06, 2005 Data Source Date: April 05, 2012
Location
Address: 602 Main Street, Cedar Falls, IA 50613 County: Black Hawk 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 Metropolitan Statistical Area (MSA): Waterloo-Cedar Falls, IA (#8920) Core Based Statistical Area (CBSA): Waterloo-Cedar Falls, IA (#47940) CBSA Metro Statistical Area: Waterloo-Cedar Falls, IA (#47940)
Financial Summary
Total assets: $52.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
15Total employees (full-time equivalent)
$51,996Total assets
$1,261Cash and due from depository institutions
$0Interest-bearing balances
$6,176Securities
$0Federal funds sold & reverse repurchase agreements
$41,073Net loans & leases
$464Loan loss allowance
$0Trading account assets
$2,472Bank premises and fixed assets
$295Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$719All other assets
$51,996Total liabilities and capital
$47,912Total liabilities
$47,098Total deposits
$40,035Interest-bearing deposits
$47,098Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$650Other borrowed funds
$0Subordinated debt
$164All other liabilities
$4,084Total equity capital
$4,084Total bank equity capital
$4,084Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,950Undivided profits
Memoranda
$134Noncurrent loans and leases
$17,011Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$366Average Assets, year-to-date
$47,249Average Assets, quarterly
$2,743Volatile liabilities
$51,575Insider loans
$51,695FHLB advances
$6,099Loans and leases held for sale
$86Unused loan commitments
$650Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,011Total unused commitments
$0Restructured Loans and leases
$464Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$2,684Total interest income
$1,084Total interest expense
$1,600Net interest income
$24Provision for loan and lease losses
$168Total noninterest income
$0Fiduciary activities
$88Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$1,584Total noninterest expense
$738Salaries and employee benefits
$439Premises and equipment expense
$407Additional noninterest expense
$160Pre-tax net operating income
$0Securities gains (losses)
$60Applicable income taxes
$100Income before extraordinary items
$0Extraordinary gains - net
$100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$7Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.69%Yield on earning assets
2.30%Cost of funding earning assets
3.39%Net interest margin
0.36%Noninterest income to earning assets
3.36%Noninterest expense to earning assets
0.19%Net operating income to assets
0.19%Return on assets (ROA)
0.31%Pretax return on assets
2.48%Return on equity (ROE)
2.48%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-342.86%Credit loss provision to net charge-offs
0.00%Efficiency ratio
89,593Assets per employee
3.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.00%Net loans and leases to deposits
87.21%Net loans and leases to core deposits
99.82%Equity capital to assets
7.85%Core capital (leverage) ratio
7.96%Tier 1 risk-based capital ratio
10.06%Total risk-based capital ratio
Memoranda
$11Average assets
$51,575Average earning assets
$4,035Average equity
$47,188Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Cedar Falls.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: