Vitals
  • Total Assets
    86.3M 11.9 %
  • Total Deposits
    72.8M 15.1 %
  • Total Net Loans
    52.6M 5.7 %
  • Net Income
    677000.0000 0.1 %
  • Book Value
    9.2M 9.8 %
  • Book Value x2
    18.4M 9.8 %
  • Book Value x3
    27.6M 9.8 %
ROAA

1.112

ROAE

10.083

Efficiency Ratio

57.756

Net Interest Margin

4.01

Balance Sheet Highlights
Financial Highlights First State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 86,322 123,090
Total Net Loans 52,636 81,644
Total Deposits 72,776 99,446
Total Equity 9,184 12,825
Profitability
Net Income 677 1,199
Return on Average Assets 1.112 1.115
Return on Average Equity 10.083 10.552
Net Interest Margin 4.01 3.829
Efficiency Ratio 57.756 62.568
Noninterest Income/Revenue 7.428 11.863
Balance Sheet Ratios
Loan-to-Deposit 72.326 78.381
Securities/Assets .26 .345
Total Equity/Total Assets .106 .104
Tangible Equity/Tangible Assets .078 .074
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 6,156 11,676
Tier 2 Capital 658 1,025
Total Capital 6,814 12,650
Total Risk Weighted Assets 54,334 89,953
Leverage Ratio 7.48 9.917
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.33 14.211
Total Capital Ratio 12.54 15.285

Timeline for First State Bank

First Security Bank And Trust Company

First State Bank was acquired by First Security Bank And Trust Company 14 years

View Profile Nov 07 2009

The First State Bank Of Thornton, Iowa

Acquisition: First State Bank acquired a new subsidiary, The First State Bank Of Thornton, Iowa, 16 years

View Profile Mar 01 2008

Nora Springs Investment Company

Nora Springs Investment Company became a new subsidiary organization for First State Bank.

View Profile Oct 01 1994

Cedar Valley Bankshares, Ltd.

Cedar Valley Bankshares, Ltd. became a new parent organization for First State Bank.

View Profile Jul 31 1991

Nora Springs Investment Company

Nora Springs Investment Company became a new parent organization for First State Bank.

View Profile Dec 31 1970

Want to see more?

Complete timeline for First State Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Security Bank And Trust Company Buyer 499,379 Pooling of Interests Discontinued 11/7/2009
The First State Bank Of Thornton, Iowa Seller 22,967 Acquisition Discontinued 3/1/2008
Relationships Role Relationship Start Relationship End
Cedar Valley Bankshares, Ltd. Parent 7/31/1991 11/6/2009
Nora Springs Investment Company Parent 12/31/1970 7/30/1991
Nora Springs Investment Company Subsidary 10/1/1994 6/30/1995
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