The First National Bank of Manning

Headquarters

401 Main Street
Manning, IA 51455
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.85% 1.10% →
2-Year CD 0.95% 1.26% →
5-Year CD 1.35% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

The First National Bank of Manning is an FDIC insured institution located in Manning, IA. It was founded in 1886 and has approximately $0.07 billion in assets.

FDIC Insured Yes
FDIC Certificate # 4477
Date Established 1886
Assets $ 65.19 million
Loans $ 40.03 million
Deposits $ 52.45 million
Capital $ 12.22 million
 

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

Deposit Rates - July 16, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.40% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.60% $100,000 $199,999 Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.85% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.95% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
1.05% $100,000 $199,999 Learn More
48 Mo CD
0.95% $10,000 $14,999 Learn More
48 Mo CD
1.15% $100,000 $199,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.35% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - July 16, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for The First National Bank of Manning

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.950% 2.875% 1.00 $2,428 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info

Note to The First National Bank of Manning
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Branches

The First National Bank of Manning 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:
Fairfield,Connecticut


The First National Bank of Manning Locations


Financial Details

The First National Bank of Manning Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The First National Bank of Manning. 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
The First National Bank of Manning U.S. Bank Average
0% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, The First National Bank of Manning had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $12,223,000 in equity and $725,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
The First National Bank of Manning U.S. Bank Average
5.54% 7.80%

The First National Bank of Manning has a Return on Equity of 5.54% versus the BestCashCow average of 7.80%. 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
The First National Bank of Manning U.S. Bank Average
18.75% 12.68%

The First National Bank of Manning has a Capitalization of 18.75% versus the BestCashCow average of 12.68. 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.

The First National Bank of Manning Balance Sheet Analysis

As of March 31, 2020, The First National Bank of Manning had assets of $65,190,000, loans of $40,032,000, and deposits of $52,452,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 14.58 million
Interest-bearing balances $ 13.03 million
Total securities $ 9.37 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 40.03 million
Loan loss allowance $ 0.73 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.65 million
     Total Assets $ 52.97 million
LIABILITIES
Total deposits $ 52.45 million
      Interest-bearing deposits $ 45.98 million
      Deposits held in domestic offices $ 52.45 million
      % insured (estimated) 85.91%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.52 million
      Total Liabilities $ 52.97 million
      Shareholders’ Equity $ 12.22 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.61 million
Total Interest Expense $ 0.09 million
Net interest income $ 0.52 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.01 million
Total non interest expense $ 0.32 million
Pre-tax Net Operating Income $ 0.21 million

Bank Loan Profile?

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

Compared to other banks in Iowa, The First National Bank of Manning 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 12.88
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.88
Small Business Loans 9.91
Construction and Development Loans 1.03
Commercial Real Estate 14.62
Commercial and Industrial Loans 9.62
Farm Loans 20.52

Frequently Asked Questions About The First National Bank Of Manning

Branches and Savings

Is The First National Bank Of Manning FDIC insured?

Yes. It is covered under FDIC Certificate #4477.

Why does The First National Bank Of Manning pay such low interest on savings accounts?

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

Why are The First National Bank Of Manning CD rates not competitive?

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

Is The First National Bank Of Manning a commercial bank?

Yes

Where are The First National Bank Of Manning locations?

See branch locations nearby.

Is The First National Bank Of Manning open on Saturdays?

Is The First National Bank Of Manning open on Sundays?

What time does The First National Bank Of Manning open?

What time does The First National Bank Of Manning close?

Are The First National Bank Of Manning ATMs Open 24/7?

Do The First National Bank Of Manning ATMs accept cash deposits?

Can The First National Bank Of Manning customers use other ATMs?

Do The First National Bank Of Manning branches have notaries?

Will The First National Bank Of Manning notarize my document?

What address for The First National Bank Of Manning should I put for incoming ACH transfers?

Will the The First National Bank Of Manning branch print checks?

Do The First National Bank Of Manning checks expire?

Does The First National Bank Of Manning require US citizenship to open account?

Can The First National Bank Of Manning close my account?

Does The First National Bank Of Manning Report to credit bureaus?

Does The First National Bank Of Manning Use Equifax?

What is The First National Bank Of Manning's ACH Routing Number?

What is The First National Bank Of Manning's SWIFT code?

Products

Does The First National Bank Of Manning offer mortgages?

Compare mortgage rates here.

Does The First National Bank Of Manning offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The First National Bank Of Manning offer personal loans?

Compare personal loan rates here.

Does The First National Bank Of Manning offer student loans?

Will The First National Bank Of Manning cash a check?

Will The First National Bank Of Manning redeem a savings bond?

Does The First National Bank Of Manning cash savings bonds?

Will The First National Bank Of Manning cash money orders?

Can The First National Bank Of Manning issue a money order?

Does The First National Bank Of Manning do currency exchange?

Background on The Bank

Who owns The First National Bank Of Manning?

How long has The First National Bank Of Manning been around?

Can The First National Bank Of Manning transfer to other banks?

Does The First National Bank Of Manning have quick pay?

Does The First National Bank Of Manning accept rolled coins?

Will The First National Bank Of Manning accept loose change?

Where is The First National Bank Of Manning headquarters?

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