First National Bank in Fairfield

First National Bank in Fairfield is headquartered in Fairfield and is the 148^th largest bank in the state of Iowa. It is also the 4,372^nd largest bank in the nation. It was established in 1934 and as of September of 2011, it had grown to 33 employees at 2 locations. First National Bank in Fairfield's savings rates are 3X the national average, and it boasts a 5-star health rating.

First National Bank in Fairfield Routing Number: 073901877

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Data for Q3 2011

Institution Statistics First National Bank in Fairfield FDIC Certificate # 13853 BankRate Report View Year Established 1934 Employees 33 Primary Regulator OCC Assets and Liabilities Assets $123.60 million Loans $94.33 million Deposits $107.74 million Equity Capital $10.17 million Loan Loss Allowance $1.50 million Unbacked Noncurrent Loans $603,000 Real Estate Owned $185,000 Historic Data - September 2010 Assets $116.29 million Equity Capital $9.77 million Loan Loss Allowance $1.42 million Unbacked Noncurrent Loans $639,000 Real Estate Owned $200,000 Profit Margin - Quarterly Net Interest Margin 4.16% Return on Assets 1.12% Return on Equity 14.08% Interest Income $4.07 million

Institution Health Overall Score: 5 out of 5 Texas Ratio 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 September 30, 2011 First National Bank in Fairfield had $788,000 in non-current loans and owned real-estate with $11.67 million in equity and loan loss allowances on hand to cover it. This gives First National Bank in Fairfield a Texas Ratio of 6.75% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First National Bank in Fairfield held steady from 7.50% as of September 30, 2010 to 6.75% as of September 30, 2011, resulting in a positive change of 9.92%.This indicates that the balance sheet and financial strength for First National Bank in Fairfield has held steady in recent periods. Deposit Growth In the past year, First National Bank in Fairfield has increased its total deposits by $8.06 million, resulting in 8.08% 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 in Fairfield has shown is excellent. Capitalization 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 in Fairfield has $123.6 million in assets with $11.67 million in equity, resulting in a capitalization level of 9.44%, which is average.

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