First State Bank, Brooklyn Branch

Iowa, Poweshiek County, Brooklyn
104 Jackson Street 52211, IA

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First State Bank

EstablishedJan 1912
Number of domestic offices5
Agriculture bank

About First State Bank

First State Bank was chartered August 13, 1912 and has operated from the corner of East and First Streets in Lynnville, Iowa since 1980. First State offers the services of a modern financial institution while maintaining the "small town" features of a locally-owned community bank. The bank has operated continuously since its inception.

The main office of First State Bank is located at 413 East St, Lynnville, IA 50153. First State currently has fifteen full time employees and has approximately $105 million in assets.

First State Bank's mission is to remain a strong and viable financial institution as a result of serving the financial needs of its customers in a professional manner. The banks financial services include competitive loan and deposit rates, telephone banking and internet banking.

First State Bank
P. O. Box 187
413 East Street
Lynnville, IA 50153 USA

Telephone: 641-527-2535
Toll Free: 888-527-2534
Fax: 641-527-2534
24 Hour Dial A Bank: 641-527-2265

Mon. - Thurs. 8:00 a.m. - 4:00 p.m.
Friday 8:00 a.m. - 5:00 p.m.
Saturday 8:00 a.m. - 11:00 a.m.

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Source: | author: Bank Branch Locator | 345 | 24/06/16 09:30

Financial information

Total assets$176M
Net income$2M
Net income, quarterly$1M
Total deposits$139M
Domestic deposits$139M
Equity capital$23M
ROAQ, quarterly1.71%
ROA, pretax1.71%
ROAQ, quarterly, pretax1.8%
ROEQ, quarterly13.11%
UpdatedJan 11, 2018

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.