Vitals
  • Total Assets
    104.3M -0.3 %
  • Total Deposits
    77.1M -0.4 %
  • Total Net Loans
    54.5M 8.4 %
  • Net Income
    771000.0000 -14.8 %
  • Book Value
    14.5M 1.3 %
  • Book Value x2
    29.0M 1.3 %
  • Book Value x3
    43.5M 1.3 %
ROAA

.75

ROAE

5.287

Efficiency Ratio

68.428

Net Interest Margin

3.6

Balance Sheet Highlights
Financial Highlights First State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 104,267 198,346
Total Net Loans 54,512 133,864
Total Deposits 77,058 165,124
Total Equity 14,494 22,060
Profitability
Net Income 771 2,310
Return on Average Assets .75 1.15
Return on Average Equity 5.287 9.92
Net Interest Margin 3.6 3.587
Efficiency Ratio 68.428 60.34
Noninterest Income/Revenue 9.174 13.494
Balance Sheet Ratios
Loan-to-Deposit 70.742 77.091
Securities/Assets .308 .197
Total Equity/Total Assets .139 .111
Tangible Equity/Tangible Assets .128 .107
Capital Adequacy
Tier 1 Common Capital 13,607 21,135
Tier 1 Capital 13,607 21,140
Tier 2 Capital 546 1,625
Total Capital 14,153 22,777
Total Risk Weighted Assets 68,604 151,308
Leverage Ratio 13.21 10.944
Common Equity Tier 1 Capital Ratio 19.83 15.631
Tier 1 Capital Ratio 19.83 15.631
Total Capital Ratio 20.63 16.675

Timeline for First State Bank

First State Investment Company

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

View Profile Oct 01 1994

Psb Corporation

Psb Corporation became a new parent organization for First State Bank.

View Profile Dec 29 1992

Statesman Federal Savings Bank

Acquisition: First State Bank acquired a new subsidiary, Statesman Federal Savings Bank, 33 years

View Profile Mar 02 1991

Midwestone Financial Group, Inc

Midwestone Financial Group, Inc became a new parent organization for First State Bank.

View Profile Jun 12 1974

First State Bank

First State Bank was established 124 years ago and is currently headquartered in Sumner, IA.

Jan 01 1900
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Statesman Federal Savings Bank Seller 422,121 Failure 3/2/1991
Relationships Role Relationship Start Relationship End
Psb Corporation Parent 12/29/1992
Midwestone Financial Group, Inc Parent 6/12/1974 12/28/1992
First State Investment Company Subsidary 10/1/1994 6/30/1995
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