First State Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (3.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Fair (4.4) profitability.
Other Rating Factors:
Very Weak liquidity 0.4, driven by a liquidity ratio of 14.8 percent and a “hot money” ratio of 25.3 percent. A current level of 1.8 percent of nonperforming loans to core capital combined with 6.0 percent from a year earlier contributes to the Excellent asset quality (7.4).
Asset Mix:
Home mtgs (13%), comm re (12%), securities (11%), comm loans (7%), cash (3%), home eq lns (1%), consumer loans (0%), other (53%)
States with Branches:
IA
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Van Diest Investment Company
Investment Rating
--
Address
505 Second Street
Webster City, IA 50595
Webster City, IA 50595
Phone Number
(515) 832-2520
Year Founded
1935
FDIC Number
Website
Largest Affiliates
No affiliate information available.