Vitals
  • Total Assets
    29.7M 3.7 %
  • Total Deposits
    25.8M 4.6 %
  • Total Net Loans
    20.3M 7.7 %
  • Net Income
    75000.0000 102.7 %
  • Book Value
    3.6M -3.4 %
  • Book Value x2
    7.1M -3.4 %
  • Book Value x3
    10.7M -3.4 %
ROAA

1.01

ROAE

8.571

Efficiency Ratio

58.953

Net Interest Margin

3.969

Balance Sheet Highlights
Financial Highlights Fairbank State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 29,660 111,879
Total Net Loans 20,262 75,709
Total Deposits 25,779 90,572
Total Equity 3,565 11,366
Profitability
Net Income 75 362
Return on Average Assets 1.01 1.188
Return on Average Equity 8.571 11.404
Net Interest Margin 3.969 3.658
Efficiency Ratio 58.953 61.724
Noninterest Income/Revenue 7.114 9.281
Balance Sheet Ratios
Loan-to-Deposit 78.599 79.803
Securities/Assets .203 .324
Total Equity/Total Assets .12 .102
Tangible Equity/Tangible Assets .08 .071
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 2,291 10,464
Tier 2 Capital 198 844
Total Capital 2,489 11,302
Total Risk Weighted Assets 21,868 82,339
Leverage Ratio 8.03 9.953
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.48 13.996
Total Capital Ratio 11.38 15.007

Timeline for Fairbank State Bank

Northeast Security Bank

Fairbank State Bank was acquired by Northeast Security Bank 16 years

View Profile Apr 01 2008

Independence Bancshares, Inc.

Independence Bancshares, Inc. became a new parent organization for Fairbank State Bank.

View Profile Jan 29 2002

Fairbank Bancshares, Inc.

Fairbank Bancshares, Inc. became a new parent organization for Fairbank State Bank.

View Profile Jan 31 1979

Fairbank State Bank

Fairbank State Bank was established 127 years ago and is currently headquartered in Fairbank, IA.

Jan 01 1897
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Northeast Security Bank Buyer 140,386 Pooling of Interests Discontinued 4/1/2008
Relationships Role Relationship Start Relationship End
Independence Bancshares, Inc. Parent 1/29/2002 3/31/2008
Fairbank Bancshares, Inc. Parent 12/31/1980 1/28/2002
Fairbank Bancshares, Inc. Parent 1/31/1979 12/30/1980
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