First State Bank

215 North Division Street
Stuart, IA 50250

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16177
Date Established 1934
Assets $0.10 billion
Loans $0.06 billion
Deposits $0.09 billion
Capital $0.01 billion

First State Bank is an FDIC insured institution located in Stuart, IA. It was founded in 1934 and has approximately $0.1 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of First State Bank'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 State Bank’s loan portfolio are Farm Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Iowa, First State Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 14.76
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.61
Small Business Loans 13.47
Construction and Development Loans 2.15
Commercial Real Estate 15.12
Commercial and Industrial Loans 13.82
Farm Loans 23.63

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.45% $500 $14,999 Learn MoreShow Less
3 Mo CD 100K
0.45% $15,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.65% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.45% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.50% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First State Bank

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 State Bank
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Branches

First State Bank 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 State Bank Locations

Financial Details

First State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank. 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 State Bank U.S. Bank Average
1.37% 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 State Bank had $149,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $9,859,000 in equity and $1,018,000 in loans loss reserves. That gives it a Texas Ratio of 1.37%.

Return on Equity
First State Bank U.S. Bank Average
3.81% 8.84%

First State Bank has a Return on Equity of 3.81% 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 State Bank U.S. Bank Average
9.42% 12.21%

First State Bank has a Capitalization of 9.42% 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 State Bank Balance Sheet Analysis

As of December 31, 2017, First State Bank had assets of $104,694,000, loans of $56,901,000, and deposits of $94,761,000. 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 $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 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 $0.00 billion
     Total Assets $0.09 billion
LIABILITIES
Total deposits $0.09 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.09 billion
      % insured (estimated) 80.92%
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 $0.09 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 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 State Bank

Branches and Savings

Is First State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16177.

Why does First State Bank pay such low interest on savings accounts?

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

Why are First State Bank CD rates not competitive?

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

Is First State Bank a commercial bank?

Yes

Where are First State Bank locations?

See branch locations nearby.

Is First State Bank open on Saturdays?

Is First State Bank open on Sundays?

What time does First State Bank open?

What time does First State Bank close?

Are First State Bank ATMs Open 24/7?

Do First State Bank ATMs accept cash deposits?

Can First State Bank customers use other ATMs?

Do First State Bank branches have notaries?

Will First State Bank notarize my document?

What address for First State Bank should I put for incoming ACH transfers?

Will the First State Bank branch print checks?

Do First State Bank checks expire?

Does First State Bank require US citizenship to open account?

Can First State Bank close my account?

Does First State Bank Report to credit bureaus?

Does First State Bank Use Equifax?

What is First State Bank's ACH Routing Number?

What is First State Bank's SWIFT code?

Products

Does First State Bank offer mortgages?

Compare mortgage rates here.

Does First State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank offer personal loans?

Compare personal loan rates here.

Does First State Bank offer student loans?

Will First State Bank cash a check?

Will First State Bank redeem a savings bond?

Does First State Bank cash savings bonds?

Will First State Bank cash money orders?

Can First State Bank issue a money order?

Does First State Bank do currency exchange?

Background on The Bank

Who owns First State Bank?

How long has First State Bank been around?

Can First State Bank transfer to other banks?

Does First State Bank have quick pay?

Does First State Bank accept rolled coins?

Will First State Bank accept loose change?

Where is First State Bank headquarters?

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