First Iowa Bank
Monticello, IA — Domestic Branch of a Domestic Bank
Acquired Jan 2003
Vitals
-
Total Assets22.5M
-
Total Deposits20.1M
-
Total Net Loans11.6M
-
Net Income32000.0000
-
Book Value2.2M
-
Book Value x24.4M
-
Book Value x36.6M
Balance Sheet Highlights
Financial Highlights | First Iowa Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 22,469 | 79,003 |
Total Net Loans | 11,630 | 49,425 |
Total Deposits | 20,125 | 64,530 |
Total Equity | 2,201 | 8,186 |
Profitability | ||
Net Income | 32 | 1,173 |
Return on Average Assets | .153 | 1.272 |
Return on Average Equity | 1.486 | 12.602 |
Net Interest Margin | 4.062 | 4.074 |
Efficiency Ratio | 69.497 | 59.278 |
Noninterest Income/Revenue | 8.699 | 9.084 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 57.789 | 74.211 |
Securities/Assets | .181 | .471 |
Total Equity/Total Assets | .098 | .104 |
Tangible Equity/Tangible Assets | .098 | .05 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,123 | 7,403 |
Tier 2 Capital | 111 | 597 |
Total Capital | 2,234 | 8,001 |
Total Risk Weighted Assets | 12,766 | 53,731 |
Leverage Ratio | 9.7 | 9.683 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 16.63 | 14.522 |
Total Capital Ratio | 17.5 | 15.616 |
Timeline for First Iowa Bank
Ohnward Bank & Trust
First Iowa Bank was acquired by Ohnward Bank & Trust 21 years
View Profile Jan 23 2003Eastern Iowa Bancshares, Ltd.
Acquisition: First Iowa Bank acquired a new subsidiary, Eastern Iowa Bancshares, Ltd. , 21 years
View Profile Jan 22 2003Eastern Iowa Bancshares, Ltd.
Eastern Iowa Bancshares, Ltd. became a new parent organization for First Iowa Bank.
View Profile Oct 25 1988Bbhc, Ltd.
Bbhc, Ltd. became a new parent organization for First Iowa Bank.
View Profile Apr 26 1975First Iowa Bank
First Iowa Bank was established 120 years ago and is currently headquartered in Monticello, IA.
Sep 01 1903Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Ohnward Bank & Trust | Buyer | 242,259 | Acquisition | Discontinued | 1/23/2003 |
Eastern Iowa Bancshares, Ltd. | Seller | Acquisition | Discontinued | 1/22/2003 |
Relationships | Role | Relationship Start | Relationship End |
Eastern Iowa Bancshares, Ltd. | Parent | 10/25/1988 | 1/21/2003 |
Bbhc, Ltd. | Parent | 4/26/1975 | 10/24/1988 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Elgin State Bank
|
Elgin | IA | 21.9M |
The Lorraine State Bank
|
Lorraine | KS | 23.2M |
Campus State Bank
|
Campus | IL | 22.7M |
Sebree Deposit Bank
|
Sebree | KY | 23.3M |
Vantage Bank
|
Kent | MN | 22.2M |
First State Bank
|
Waynoka | OK | 22.9M |
The Farmers State Bank
|
Fairview | KS | 22.5M |
Eagle Community Bank
|
Maple Grove | MN | 23.0M |
State Bank
|
Gresham | WI | 21.8M |
The Bank Of Fairport
|
Maysville | MO | 23.2M |