First National Bank in Fairfield

100 East Burlington Avenue
Fairfield, IA 52556

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 13853
Date Established 1934
Assets $0.17 billion
Loans $0.13 billion
Deposits $0.15 billion
Capital $0.01 billion

First National Bank in Fairfield is an FDIC insured institution located in Fairfield, IA. It was founded in 1934 and has approximately $0.17 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of First National Bank in Fairfield's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in First National Bank in Fairfield’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks, First National Bank in Fairfield’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 17.68
Multifamily
Mortgages
0.47
Credit Card Loans 0.00
Consumer Auto Loans 0.67
Small Business Loans 3.54
Construction and Development Loans 1.25
Commercial Real Estate 10.75
Commercial and Industrial Loans 18.05
Farm Loans 22.59

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.05% $10,000 $19,999 Learn MoreShow Less
3 Mo CD 100K
0.15% $50,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.25% $1,000 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.50% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.10% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $999 Learn MoreShow Less
Int Ckg 2.5K
0.05% $2,500 $9,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First National Bank in Fairfield

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.436% 4.375% 0.38 $1,912 $1,249 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More

Note to First National Bank in Fairfield
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First National Bank in Fairfield branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First National Bank in Fairfield Locations

Financial Details

First National Bank in Fairfield Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First National Bank in Fairfield. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First National Bank in Fairfield U.S. Bank Average
24.47% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, First National Bank in Fairfield had $3,713,000 in non-current loans and $19,000 in owned real estate. To cover these potential losses it had $13,438,000 in equity and $1,814,000 in loans loss reserves. That gives it a Texas Ratio of 24.47%.

Return on Equity
First National Bank in Fairfield U.S. Bank Average
0.91% 8.84%

First National Bank in Fairfield has a Return on Equity of 0.91% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First National Bank in Fairfield U.S. Bank Average
8.12% 12.21%

First National Bank in Fairfield has a Capitalization of 8.12% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First National Bank in Fairfield Balance Sheet Analysis

As of December 31, 2017, First National Bank in Fairfield had assets of $165,540,000, loans of $132,291,000, and deposits of $145,339,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.13 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.15 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.11 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 81.50%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.15 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About First National Bank In Fairfield

Branches and Savings

Is First National Bank In Fairfield FDIC insured?

Yes. It is covered under FDIC Certificate #13853.

Why does First National Bank In Fairfield pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First National Bank In Fairfield CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First National Bank In Fairfield a commercial bank?

Yes

Where are First National Bank In Fairfield locations?

See branch locations nearby.

Is First National Bank In Fairfield open on Saturdays?

Is First National Bank In Fairfield open on Sundays?

What time does First National Bank In Fairfield open?

What time does First National Bank In Fairfield close?

Are First National Bank In Fairfield ATMs Open 24/7?

Do First National Bank In Fairfield ATMs accept cash deposits?

Can First National Bank In Fairfield customers use other ATMs?

Do First National Bank In Fairfield branches have notaries?

Will First National Bank In Fairfield notarize my document?

What address for First National Bank In Fairfield should I put for incoming ACH transfers?

Will the First National Bank In Fairfield branch print checks?

Do First National Bank In Fairfield checks expire?

Does First National Bank In Fairfield require US citizenship to open account?

Can First National Bank In Fairfield close my account?

Does First National Bank In Fairfield Report to credit bureaus?

Does First National Bank In Fairfield Use Equifax?

What is First National Bank In Fairfield's ACH Routing Number?

What is First National Bank In Fairfield's SWIFT code?

Products

Does First National Bank In Fairfield offer mortgages?

Compare mortgage rates here.

Does First National Bank In Fairfield offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank In Fairfield offer personal loans?

Compare personal loan rates here.

Does First National Bank In Fairfield offer student loans?

Will First National Bank In Fairfield cash a check?

Will First National Bank In Fairfield redeem a savings bond?

Does First National Bank In Fairfield cash savings bonds?

Will First National Bank In Fairfield cash money orders?

Can First National Bank In Fairfield issue a money order?

Does First National Bank In Fairfield do currency exchange?

Background on The Bank

Who owns First National Bank In Fairfield?

How long has First National Bank In Fairfield been around?

Can First National Bank In Fairfield transfer to other banks?

Does First National Bank In Fairfield have quick pay?

Does First National Bank In Fairfield accept rolled coins?

Will First National Bank In Fairfield accept loose change?

Where is First National Bank In Fairfield headquarters?

Customer Reviews for First National Bank in Fairfield

There are currently no comments for First National Bank in Fairfield. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →