The First State Bank Of Thornton, Iowa
Thornton, IA — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Vitals
-
Total Assets23.0M 1.7 %
-
Total Deposits20.9M 1.2 %
-
Total Net Loans9.2M 3.2 %
-
Net Income71000.0000 -12.3 %
-
Book Value2.0M 7.1 %
-
Book Value x24.0M 7.1 %
-
Book Value x36.0M 7.1 %
Balance Sheet Highlights
Financial Highlights | The First State Bank Of Thornton, Iowa | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 22,967 | 107,404 |
Total Net Loans | 9,241 | 74,342 |
Total Deposits | 20,904 | 86,993 |
Total Equity | 2,005 | 10,896 |
Profitability | ||
Net Income | 71 | 1,502 |
Return on Average Assets | .32 | 1.136 |
Return on Average Equity | 3.722 | 10.891 |
Net Interest Margin | 3.498 | 3.674 |
Efficiency Ratio | 90.729 | 62.773 |
Noninterest Income/Revenue | 7.595 | 9.061 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 44.207 | 81.677 |
Securities/Assets | .324 | .334 |
Total Equity/Total Assets | .087 | .101 |
Tangible Equity/Tangible Assets | .087 | .071 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,045 | 10,208 |
Tier 2 Capital | 127 | 823 |
Total Capital | 2,172 | 11,026 |
Total Risk Weighted Assets | 11,688 | 80,276 |
Leverage Ratio | 8.95 | 10.036 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 17.5 | 14.02 |
Total Capital Ratio | 18.58 | 15.03 |
Timeline for The First State Bank Of Thornton, Iowa
First State Bank
The First State Bank Of Thornton, Iowa was acquired by First State Bank 16 years
View Profile Mar 01 2008Thornton Bancshares, Inc.
Thornton Bancshares, Inc. became a new parent organization for The First State Bank Of Thornton, Iowa.
View Profile Aug 31 1983The First State Bank Of Thornton, Iowa
The First State Bank Of Thornton, Iowa was established 118 years ago and is currently headquartered in Thornton, IA.
Jan 01 1906Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First State Bank | Buyer | 86,322 | Acquisition | Discontinued | 3/1/2008 |
Relationships | Role | Relationship Start | Relationship End |
Thornton Bancshares, Inc. | Parent | 5/18/1994 | 2/29/2008 |
Thornton Bancshares, Inc. | Parent | 8/31/1983 | 5/17/1994 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The Lorraine State Bank
|
Lorraine | KS | 23.2M |
Sebree Deposit Bank
|
Sebree | KY | 23.3M |
Eagle Community Bank
|
Maple Grove | MN | 23.0M |
First State Bank
|
Waynoka | OK | 22.9M |
The Bank Of Fairport
|
Maysville | MO | 23.2M |
Dewey Bank
|
Dewey | IL | 23.3M |
Campus State Bank
|
Campus | IL | 22.7M |
Red Rock Bank
|
Sanborn | MN | 23.3M |
First State Bank Of Grove City
|
Grove City | MN | 23.4M |
Elgin State Bank
|
Elgin | IA | 21.9M |