The First National Bank of West Union in city_name, state_name

The First National Bank of West Union in West Union, Iowa (IA)
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The First National Bank of West Union routing number info

The First National Bank of West Union - Overview

General
FDIC Certificate #: 13816
Status: Active
Federal Reserve ID: 142049
Bank Holding Company (Regulatory Top Holder): Fnb Banshares, Inc. (RSSDID: 1204092, Location: West Union, IA)
Date Established: January 01, 1934
WWW: http://www.fnbwu.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 8638
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 31, 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: 115 North Vine Street, West Union, IA 52175
County: Fayette
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $111.6 mil
Equity capital: $10.0 mil
Deposits held in domestic offices: $100.7 mil
Return on assets (ROA): 1.29% ($1.4 mil)
Quarterly return on assets: 1.33% ($1.5 mil)
Return on Equity (ROE): 14.58% ($1.5 mil)
Quarterly return on equity: 14.97% ($1.5 mil)
Net income: $1.4 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.36% ($1,517.6 mil)
Quarterly Pretax return on assets: 1.42% ($1,584.5 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
26Total employees (full-time equivalent)
$111,587Total assets
$3,796Cash and due from depository institutions
$1,322Interest-bearing balances
$35,749Securities
$806Federal funds sold & reverse repurchase agreements
$68,761Net loans & leases
$855Loan loss allowance
$0Trading account assets
$973Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$111,587Life insurance assets
$1,502All other assets
$101,631Total liabilities and capital
$100,733Total liabilities
$86,158Total deposits
$100,733Interest-bearing deposits
$88Deposits held in domestic offices
363.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$535Subordinated debt
$9,956All other liabilities
$9,956Total equity capital
$9,956Total bank equity capital
$0Perpetual preferred stock
$550Common stock
$1,030Surplus
$8,376Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$197Income earned, not collected on loans
$0Earning assets
$797Long-term assets (5+ years)
$106,638Average Assets, year-to-date
$25,138Average Assets, quarterly
$108,431Volatile liabilities
$111,322Insider loans
$86,694FHLB advances
$112,561Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,243Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,954Restructured Loans and leases
$2,863Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,829Total interest income
$986Total interest expense
$3,843Net interest income
$40Provision for loan and lease losses
$449Total noninterest income
$0Fiduciary activities
$304Service charges on deposit accounts
$0Trading account gains & fees
$145Additional noninterest income
$2,809Total noninterest expense
$1,691Salaries and employee benefits
$411Premises and equipment expense
$707Additional noninterest expense
$1,443Pre-tax net operating income
$36Securities gains (losses)
$79Applicable income taxes
$1,400Income before extraordinary items
$0Extraordinary gains - net
$1,400Net income attributable to bank
$0Net charge-offs
$1,400Cash dividends
$124Sale, conversion, retirement of capital stock, net
$797Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.66%Yield on earning assets
0.95%Cost of funding earning assets
3.71%Net interest margin
0.43%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
1.26%Net operating income to assets
1.29%Return on assets (ROA)
1.36%Pretax return on assets
14.58%Return on equity (ROE)
6.28%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
32.26%Credit loss provision to net charge-offs
11.96%Efficiency ratio
65,447Assets per employee
4.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.93%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
434.01%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.28%Net loans and leases to deposits
68.26%Net loans and leases to core deposits
70.21%Equity capital to assets
8.92%Core capital (leverage) ratio
8.21%Tier 1 risk-based capital ratio
10.66%Total risk-based capital ratio
Memoranda
$12Average assets
$108,431Average earning assets
$9,600Average equity
$103,540Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,941Managed Assets
1Number of Accounts
$2,756Personal trust and agency accounts
$2,756Employee 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
21Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$185Other retirement accounts
$185Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

3 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8638	The First National Bank Of West Unio	115 North Vine Street, West Union, IA 52175	January 01, 1934	Full Service Brick and Mortar
1	230294	Drive-In Branch	302 West Bradford Street, West Union, IA 52175	March 11, 1966	Limited Service Facility
2	230295	St. Lucas Branch	1st North Main, Saint Lucas, IA 52166	November 08, 1977	Full Service Brick and Mortar

The First National Bank of West Union in West Union, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of West Union - 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, 2009)

List of branches

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

The First National Bank of West Union in West Union, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of West Union - 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, 2009)

List of branches

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

The First National Bank of West Union in West Union, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches