First Newton National Bank

First Newton National Bank is headquartered in Newton and is the 234^th largest bank in the state of Iowa. It is also the 5,490^th largest bank in the nation. It was established in 1932 and as of March of 2012, it had grown to 22 employees at 2 locations. First Newton National Bank has a 5-star health rating.

First Newton National Bank Routing Number: 073902096

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Data for Q1 2012

Institution Statistics First Newton National Bank FDIC Certificate # 4482 BankRate Report View Year Established 1932 Employees 22 Primary Regulator OCC Assets and Liabilities Assets $79.62 million Loans $37.56 million Deposits $72.20 million Equity Capital $7.07 million Loan Loss Allowance $454,000 Unbacked Noncurrent Loans $253,000 Real Estate Owned $125,000 Historic Data - March 2011 Assets $74.05 million Equity Capital $6.74 million Loan Loss Allowance $525,000 Unbacked Noncurrent Loans $78,000 Real Estate Owned $69,000 Profit Margin - Quarterly Net Interest Margin 3.31% Return on Assets 0.45% Return on Equity 5.01% Interest Income $672,000

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 March 31, 2012 First Newton National Bank had $378,000 in non-current loans and owned real-estate with $7.52 million in equity and loan loss allowances on hand to cover it. This gives First Newton National Bank a Texas Ratio of 5.03% 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 Newton National Bank held steady from 2.02% as of March 31, 2011 to 5.03% as of March 31, 2012, resulting in a negative change of 148.36%. This indicates that the balance sheet and financial strength for First Newton National Bank has held steady in recent periods. Deposit Growth In the past year, First Newton National Bank has increased its total deposits by $5.81 million, resulting in 8.75% 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 Newton National Bank 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 Newton National Bank has $79.62 million in assets with $7.52 million in equity, resulting in a capitalization level of 9.45%, which is average.

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