The First National Bank Of Akron
Akron, IA — Domestic Branch of a Domestic Bank
Acquired Apr 2010
Vitals
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Total Assets42.4M -2.6 %
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Total Deposits37.1M 2.4 %
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Total Net Loans25.7M -3.0 %
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Net Income150000.0000 7.1 %
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Book Value3.1M -24.0 %
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Book Value x26.2M -24.0 %
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Book Value x39.3M -24.0 %
Balance Sheet Highlights
| Financial Highlights | The First National Bank Of Akron | All Insured Commercial Banks in Iowa |
| Financial Highlights | The First National Bank Of Akron | All Insured Commercial Banks in Iowa |
| Balance Sheet $(000) | ||
| Total Assets | 42,425 | 126,988 |
| Total Net Loans | 25,728 | 82,244 |
| Total Deposits | 37,096 | 104,079 |
| Total Equity | 3,114 | 13,086 |
| Profitability | ||
| Net Income | 150 | 321 |
| Return on Average Assets | 1.379 | 1.068 |
| Return on Average Equity | 15.821 | 10.112 |
| Net Interest Margin | 3.129 | 3.922 |
| Efficiency Ratio | 49.254 | 61.058 |
| Noninterest Income/Revenue | 18.883 | 10.163 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 69.355 | 75.474 |
| Securities/Assets | .196 | .346 |
| Total Equity/Total Assets | .073 | .103 |
| Tangible Equity/Tangible Assets | .073 | .073 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 2,981 | 12,025 |
| Tier 2 Capital | 313 | 1,032 |
| Total Capital | 3,294 | 13,039 |
| Total Risk Weighted Assets | 24,586 | 91,002 |
| Leverage Ratio | 6.85 | 9.898 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 12.12 | 14.401 |
| Total Capital Ratio | 13.4 | 15.49 |
Timeline for The First National Bank Of Akron
The Security National Bank Of Sioux City, Iowa
The First National Bank Of Akron was acquired by The Security National Bank Of Sioux City, Iowa 15 years
View Profile Apr 26 2010
Akron Building Company
Acquisition: The First National Bank Of Akron acquired a new subsidiary, Akron Building Company , 34 years
View Profile Jan 01 1991
Akron Savings Bank
Acquisition: The First National Bank Of Akron acquired a new subsidiary, Akron Savings Bank, 41 years
View Profile Jun 17 1983
Akron Building Company
Akron Building Company became a new subsidiary organization for The First National Bank Of Akron.
View Profile Sep 30 1982
Security National Corporation
Security National Corporation became a new parent organization for The First National Bank Of Akron.
View Profile Sep 30 1981
Want to see more?
Complete timeline for The First National Bank Of Akron is available.
View Complete Timeline| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| The Security National Bank Of Sioux City, Iowa | Buyer | 990,485 | Pooling of Interests | Discontinued | 4/26/2010 |
| Akron Building Company | Seller | Discontinued | 1/1/1991 | ||
| Akron Savings Bank | Seller | 8,644 | Discontinued | 6/17/1983 |
| Relationships | Role | Relationship Start | Relationship End |
| Relationships | Role | Relationship Start | Relationship End |
| Security National Corporation | Parent | 9/30/1981 | 4/25/2010 |
| Akron Building Company | Subsidary | 9/30/1982 | 12/31/1990 |
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