Vitals
  • Total Assets
    86.0M -7.1 %
  • Total Deposits
    76.7M -9.4 %
  • Total Net Loans
    45.1M -15.3 %
  • Net Income
    -612000.0000 -43.0 %
  • Book Value
    3.9M 6.1 %
  • Book Value x2
    7.7M 6.1 %
  • Book Value x3
    11.6M 6.1 %
ROAA

-1.452

ROAE

-31.382

Efficiency Ratio

116.501

Net Interest Margin

3.723

Balance Sheet Highlights
Financial Highlights First Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 85,993 164,488
Total Net Loans 45,092 102,954
Total Deposits 76,739 136,507
Total Equity 3,856 18,062
Profitability
Net Income -612 958
Return on Average Assets -1.452 1.109
Return on Average Equity -31.382 10.37
Net Interest Margin 3.723 3.525
Efficiency Ratio 116.501 61.172
Noninterest Income/Revenue 13.871 12.947
Balance Sheet Ratios
Loan-to-Deposit 58.76 70.666
Securities/Assets .128 .247
Total Equity/Total Assets .045 .11
Tangible Equity/Tangible Assets .045 .106
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 3,855 16,821
Tier 2 Capital 561 1,282
Total Capital 4,416 18,101
Total Risk Weighted Assets 44,075 117,960
Leverage Ratio 4.55 10.319
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 8.75 15.66
Total Capital Ratio 10.02 16.72

Timeline for First Bank

First National Bank, Ames, Iowa

First Bank was acquired by First National Bank, Ames, Iowa 9 years

View Profile Aug 30 2014

Fnb Holding Co

Fnb Holding Co became a new parent organization for First Bank.

View Profile Mar 11 1983

Continental Western Insurance Company

Continental Western Insurance Company became a new parent organization for First Bank.

View Profile Dec 31 1970

Continental Western Industries, Inc.

Continental Western Industries, Inc. became a new parent organization for First Bank.

View Profile Dec 31 1970

First Bank

First Bank was established 122 years ago and is currently headquartered in West Des Moines, IA.

Jul 08 1901
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First National Bank, Ames, Iowa Buyer 733,632 Acquisition Discontinued 8/30/2014
Relationships Role Relationship Start Relationship End
Fnb Holding Co Parent 3/11/1983 6/30/2013
Continental Western Insurance Company Parent 12/31/1970 9/1/1973
Continental Western Industries, Inc. Parent 12/31/1970 9/1/1973
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