Vitals
  • Total Assets
    138.7M -3.1 %
  • Total Deposits
    118.8M -3.8 %
  • Total Net Loans
    95.5M -1.2 %
  • Net Income
    2.0M 5.0 %
  • Book Value
    15.3M 1.5 %
  • Book Value x2
    30.7M 1.5 %
  • Book Value x3
    46.0M 1.5 %
ROAA

1.498

ROAE

12.829

Efficiency Ratio

57.824

Net Interest Margin

4.218

Balance Sheet Highlights
Financial Highlights First State Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 138,739 198,346
Total Net Loans 95,490 133,864
Total Deposits 118,779 165,124
Total Equity 15,345 22,060
Profitability
Net Income 2,019 2,310
Return on Average Assets 1.498 1.15
Return on Average Equity 12.829 9.92
Net Interest Margin 4.218 3.587
Efficiency Ratio 57.824 60.34
Noninterest Income/Revenue 5.425 13.494
Balance Sheet Ratios
Loan-to-Deposit 80.393 77.091
Securities/Assets .234 .197
Total Equity/Total Assets .111 .111
Tangible Equity/Tangible Assets .111 .107
Capital Adequacy
Tier 1 Common Capital 15,816 21,135
Tier 1 Capital 15,816 21,140
Tier 2 Capital 1,259 1,625
Total Capital 17,075 22,777
Total Risk Weighted Assets 109,722 151,308
Leverage Ratio 11.75 10.944
Common Equity Tier 1 Capital Ratio 14.41 15.631
Tier 1 Capital Ratio 14.41 15.631
Total Capital Ratio 15.56 16.675

Timeline for First State Bank

Odebolt State Bank

Acquisition: First State Bank acquired a new subsidiary, Odebolt State Bank, 16 years

View Profile Feb 08 2008

First State Bancshares, Inc.

First State Bancshares, Inc. became a new parent organization for First State Bank.

View Profile Nov 24 1997

Ida Holding Company, Inc.

Ida Holding Company, Inc. became a new parent organization for First State Bank.

View Profile Apr 04 1980

First State Bank

First State Bank was established 91 years ago and is currently headquartered in Ida Grove, IA.

Jan 01 1933
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Odebolt State Bank Seller 5,806 Acquisition Discontinued 2/8/2008
Relationships Role Relationship Start Relationship End
First State Bancshares, Inc. Parent 11/24/1997
Ida Holding Company, Inc. Parent 4/4/1980 3/4/1985
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