First Citizens Bank
Mason City, IA — State Member Bank
-
Total Assets1.2B 5.9 %
-
Total Deposits996.2M 9.6 %
-
Total Net Loans744.6M 6.0 %
-
Net Income17.7M 1.5 %
-
Book Value140.9M 2.1 %
-
Book Value x2281.8M 2.1 %
-
Book Value x3422.7M 2.1 %
Financial Highlights | First Citizens Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 1,238,947 | 198,346 |
Total Net Loans | 744,562 | 133,864 |
Total Deposits | 996,174 | 165,124 |
Total Equity | 140,891 | 22,060 |
Profitability | ||
Net Income | 17,659 | 2,310 |
Return on Average Assets | 1.466 | 1.15 |
Return on Average Equity | 12.421 | 9.92 |
Net Interest Margin | 3.154 | 3.587 |
Efficiency Ratio | 53.15 | 60.34 |
Noninterest Income/Revenue | 17.483 | 13.494 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 74.742 | 77.091 |
Securities/Assets | .296 | .197 |
Total Equity/Total Assets | .114 | .111 |
Tangible Equity/Tangible Assets | .112 | .107 |
Capital Adequacy | ||
Tier 1 Common Capital | 139,867 | 21,135 |
Tier 1 Capital | 139,867 | 21,140 |
Tier 2 Capital | 10,773 | 1,625 |
Total Capital | 150,640 | 22,777 |
Total Risk Weighted Assets | 962,575 | 151,308 |
Leverage Ratio | 11.13 | 10.944 |
Common Equity Tier 1 Capital Ratio | 14.53 | 15.631 |
Tier 1 Capital Ratio | 14.53 | 15.631 |
Total Capital Ratio | 15.65 | 16.675 |
Timeline for First Citizens Bank
Kanabec State Bank
Acquisition: First Citizens Bank acquired a new subsidiary, Kanabec State Bank, 10 years
View Profile Jul 01 2014First Citizens Trust Company, Na
Acquisition: First Citizens Bank acquired a new subsidiary, First Citizens Trust Company, Na , 11 years
View Profile Jan 01 2013Grant Village Senior Housing, Llc
Grant Village Senior Housing, Llc became a new subsidiary organization for First Citizens Bank.
View Profile Dec 16 2004Heritage Clubs International, Inc.
Heritage Clubs International, Inc. became a new subsidiary organization for First Citizens Bank.
View Profile Jan 27 1998First Citizens Trust Company, Na
First Citizens Trust Company, Na became a new subsidiary organization for First Citizens Bank.
View Profile Jul 01 1996Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Kanabec State Bank | Seller | 138,125 | Pooling of Interests | Discontinued | 7/1/2014 |
First Citizens Trust Company, Na | Seller | Pooling of Interests | Discontinued | 1/1/2013 | |
Citizens National Bank | Seller | 37,002 | Discontinued | 12/5/1994 | |
First National Bank | Seller | 132,110 | Discontinued | 12/5/1994 | |
Osage Farmers National Bank | Seller | 76,011 | Discontinued | 12/5/1994 | |
Commercial Trust And Savings Bank | Seller | 35,757 | Discontinued | 10/9/1987 |
Relationships | Role | Relationship Start | Relationship End |
First Citizens Financial Corp. | Parent | 12/1/1994 | |
First Citizens Financial Corp. | Parent | 12/31/1984 | 11/30/1994 |
First Citizens Financial Corp. | Parent | 12/31/1981 | 12/30/1984 |
First Citizens Financial Corp. | Parent | 12/31/1980 | 12/30/1981 |
First Citizens Financial Corp. | Parent | 4/16/1979 | 12/30/1980 |
Grant Village Senior Housing, Llc | Subsidary | 12/16/2004 | |
First Citizens Trust Company, Na | Subsidary | 6/30/2007 | 12/31/2012 |
First Citizens Trust Company, Na | Subsidary | 7/1/1996 | 6/29/2007 |
Heritage Clubs International, Inc. | Subsidary | 1/27/1998 | 9/3/2002 |
Organization | City | State | Total Assets |
---|---|---|---|
Alpine Bank & Trust Co.
|
Rockford | IL | 1.3B |
Central Bank Of The Ozarks
|
Springfield | MO | 1.3B |
Bank Independent
|
Sheffield | AL | 1.3B |
Watertown Savings Bank
|
Watertown | MA | 1.1B |
Wheaton Bank & Trust
|
Wheaton | IL | 1.3B |
Veritex Community Bank
|
Dallas | TX | 1.3B |
First Florida Integrity Bank
|
Naples | FL | 1.2B |
Whitaker Bank
|
Lexington | KY | 1.3B |
Texas Community Bank
|
Laredo | TX | 1.2B |
Orrstown Bank
|
Shippensburg | PA | 1.4B |