First National Bank (IA)

First National Bank (IA) Locations
101 Northeast Hayes
Greenfield, IA 50849
www.fnbfontanelle.com

First National Bank (IA) is headquartered in Greenfield and is the 83rd largest bank in the state of Iowa. It is also the 3,016st largest bank in the nation. It was established in 1905 and as of March of 2012, it had grown to 47 employees at 5 locations. First National Bank (IA) has a 5-star health rating.

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Competitive Long-Term CD Rates at First National Bank in Texas - Local Only - 1/25/2011

First National Bank is offering two very competitive long-term CD rates: 2.75% APY for 5 years and 2.37% APY for 4 years. Minimum deposit is $1,000. The Jumbo CD rates for a $100K minimum are 2.86% AP ...

2.78% 24-Month CD & 2.18% 12-Month CD at First National Bank in Texas - Local Only - 11/24/2009

Update 12/18/09: The CD rates have fallen. According to the CSR, the new APYs are 1.58% for 12 months, 2.20% for 24 months, 2.51% for 36 months and 3.27% for 60 months. Please check with the bank for the latest rates.First National Bank continues to...

2.43% 18-Month CD & 2.78% 24-Month CD at First National Bank in Texas - Local Only - 10/20/2009

First National Bank is offering three competitive CD rates: 2.20% APY for 13 months, 2.43% APY for 18 months and 2.78% APY for 24 months. Minimum deposit is $1,000. Higher rates are available for a $100,000 minimum. These include a 2.25% APY for 13...

2.85% 25-Month CD at First National Bank in Texas - Local Only - 7/30/2009

First National Bank is offering a competitive 25-month CD special with a top rate of 2.85% APY. This requires a $100,000 minimum deposit. A lower rate of 2.78% APY is available for a $1,000 minimum deposit. This isn't listed at the bank's website. A...

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Data for Q1 2012


Institution Statistics


First National Bank
FDIC Certificate #954
BankRate ReportView
Year Established1905
Employees47
Primary RegulatorOCC

Assets and Liabilities

Assets$208.70 million
Loans$139.18 million
Deposits$185.06 million
Equity Capital$22.91 million
Loan Loss Allowance$1.98 million
Unbacked Noncurrent Loans$1.85 million
Real Estate Owned$260,000

Historic Data - March 2011

Assets$187.45 million
Equity Capital$21.20 million
Loan Loss Allowance$1.56 million
Unbacked Noncurrent Loans$2.53 million
Real Estate Owned$45,000

Profit Margin - Quarterly

Net Interest Margin3.84%
Return on Assets1.14%
Return on Equity10.43%
Interest Income$2.31 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First National Bank (IA) had $2.11 million in non-current loans and owned real-estate with $24.89 million in equity and loan loss allowances on hand to cover it. This gives First National Bank (IA) a Texas Ratio of 8.47% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for First National Bank (IA) decreased slightly from 10.95% as of March 31, 2011 to 8.47% as of March 31, 2012, resulting in a positive change of 22.72%.This indicates that the balance sheet and financial strength for First National Bank (IA) has improved slightly in recent periods.
Deposit Growth5
In the past year, First National Bank (IA) has increased its total deposits by $24.52 million, resulting in 15.27% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First National Bank (IA) has shown is excellent.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First National Bank (IA) has $208.7 million in assets with $24.89 million in equity, resulting in a capitalization level of 11.93%, which is above average.
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