Vitals
  • Total Assets
    155.2M 7.6 %
  • Total Deposits
    137.5M 7.6 %
  • Total Net Loans
    68.7M -4.9 %
  • Net Income
    1.2M 25.9 %
  • Book Value
    15.8M 1.7 %
  • Book Value x2
    31.6M 1.7 %
  • Book Value x3
    47.4M 1.7 %
ROAA

1.522

ROAE

13.628

Efficiency Ratio

59.675

Net Interest Margin

3.312

Balance Sheet Highlights
Financial Highlights First State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 155,222 148,241
Total Net Loans 68,730 88,551
Total Deposits 137,472 123,196
Total Equity 15,787 16,404
Profitability
Net Income 1,156 917
Return on Average Assets 1.522 1.215
Return on Average Equity 13.628 11.033
Net Interest Margin 3.312 3.729
Efficiency Ratio 59.675 59.46
Noninterest Income/Revenue 8.118 12.852
Balance Sheet Ratios
Loan-to-Deposit 49.996 68.059
Securities/Assets .371 .257
Total Equity/Total Assets .102 .111
Tangible Equity/Tangible Assets .102 .107
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 14,027 14,601
Tier 2 Capital 695 1,142
Total Capital 14,722 15,738
Total Risk Weighted Assets 86,310 102,589
Leverage Ratio 9.06 10.034
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 16.25 15.503
Total Capital Ratio 17.06 16.585

Timeline for First State Bank

Gnb Bank

First State Bank was acquired by Gnb Bank 11 years

View Profile Jul 03 2012

Delaware Investment Company Of Manchester, Inc.

Delaware Investment Company Of Manchester, Inc. became a new subsidiary organization for First State Bank.

View Profile Jan 02 1995

Delaware Service Company

Delaware Service Company became a new parent organization for First State Bank.

View Profile Dec 31 1970

First State Bank

First State Bank was established 79 years ago and is currently headquartered in Manchester, IA.

Jan 02 1945
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Gnb Bank Buyer 524,679 Acquisition Discontinued 7/3/2012
Relationships Role Relationship Start Relationship End
Delaware Service Company Parent 7/15/1997 7/2/2012
Delaware Service Company Parent 1/17/1989 7/14/1997
Delaware Service Company Parent 4/1/1986 1/16/1989
Delaware Service Company Parent 12/31/1984 3/31/1986
Delaware Service Company Parent 12/31/1983 12/30/1984
Delaware Service Company Parent 12/31/1982 12/30/1983
Delaware Service Company Parent 12/31/1979 12/30/1982
Delaware Service Company Parent 12/31/1970 12/30/1979
Delaware Investment Company Of Manchester, Inc. Subsidary 1/2/1995 6/30/1995
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