The Citizens First National Bank of Storm Lake

The Citizens First National Bank of Storm Lake is headquartered in Storm Lake and is the 81^st largest bank in the state of Iowa. It is also the 2,936^th largest bank in the nation. It was established in 1902 and as of March of 2012, it had grown to 47 employees at 4 locations. The Citizens First National Bank of Storm Lake has a 5-star health rating.

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The Citizens First National Bank of Storm Lake CD Rates

Data for Q1 2012

Institution Statistics The Citizens First National Bank of Storm Lake FDIC Certificate # 4511 BankRate Report View Year Established 1902 Employees 47 Primary Regulator OCC Assets and Liabilities Assets $216.80 million Loans $91.41 million Deposits $193.13 million Equity Capital $22.95 million Loan Loss Allowance $910,000 Unbacked Noncurrent Loans $200,000 Historic Data - March 2011 Assets $202.14 million Equity Capital $23.21 million Loan Loss Allowance $893,000 Unbacked Noncurrent Loans $285,000 Profit Margin - Quarterly Net Interest Margin 3.14% Return on Assets 1.59% Return on Equity 14.56% Interest Income $1.84 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 March 31, 2012 The Citizens First National Bank of Storm Lake had $200,000 in non-current loans and owned real-estate with $23.86 million in equity and loan loss allowances on hand to cover it. This gives The Citizens First National Bank of Storm Lake a Texas Ratio of 0.84% 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 The Citizens First National Bank of Storm Lake decreased slightly from 1.18% as of March 31, 2011 to 0.84% as of March 31, 2012, resulting in a positive change of 29.09%.This indicates that the balance sheet and financial strength for The Citizens First National Bank of Storm Lake has improved slightly in recent periods. Deposit Growth In the past year, The Citizens First National Bank of Storm Lake has increased its total deposits by $15.03 million, resulting in 8.44% 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 The Citizens First National Bank of Storm Lake 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. The Citizens First National Bank of Storm Lake has $216.8 million in assets with $23.86 million in equity, resulting in a capitalization level of 11.00%, which is above average.

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