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Overview / Commentary
1207 Central Avenue
Fort Dodge, IA 50501

First American Bank (IA) is headquartered in Fort Dodge and is the 18th largest bank in the state of Iowa. It is also the 802nd largest bank in the nation. It was established in 1934 and as of December of 2017, it had grown to 193 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 - YTD1.12%
Return on Equity - YTD10.36%
Annual Interest Income$28.4MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$947.9MM$1.04B
LoansQ4 2017vs Q4 2016$537.5MM$570.1MM
DepositsQ4 2017vs Q4 2016$690.9MM$759.8MM
Equity CapitalQ4 2017vs Q4 2016$94.4MM$101.3MM
Loan Loss AllowanceQ4 2017vs Q4 2016$8.5MM$11.1MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$1.2MM$5.7MM
Real Estate OwnedQ4 2017vs Q4 2016$3.0MM$5.2MM

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