First American Bank (IA)

Overview / Commentary
1207 Central Avenue
Fort Dodge, IA 50501

First American Bank (IA) is headquartered in Fort Dodge and is the 22nd largest bank in the state of Iowa. It is also the 926th largest bank in the nation. It was established in 1934 and as of June of 2019, it had grown to 148 employees at 13 locations. First American Bank (IA) has a B+ health rating.

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Health Grade Components

FDIC Certificate #14808
Year Established1934
Primary RegulatorFED
Profit Margin
Return on Assets - YTD4.26%
Return on Equity - YTD36.18%
Annual Interest Income$15.6MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$855.8MM$951.2MM
LoansQ2 2019vs Q2 2018$448.2MM$538.7MM
DepositsQ2 2019vs Q2 2018$645.5MM$734.6MM
Equity CapitalQ2 2019vs Q2 2018$122.2MM$95.2MM
Loan Loss AllowanceQ2 2019vs Q2 2018$6.1MM$8.5MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$325.00K$9.5MM
Real Estate OwnedQ2 2019vs Q2 2018$2.3MM$2.9MM
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First American Bank (IA) Checking Account Rates

1.25%$25k-Physicians Checking


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