First Iowa State Bank, Financial Information

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.

Community First Bank was originally organized as Farmers State Bank of Keosauqua and Birmingham in March of 1931. There were 70 original share-holders with controlling shares held by B.J. Howland of Pleasantville, Iowa. Most of the shareholders were local residents who invested $120 to $240 in the new bank.

Farmers State and State Savings Bank merged into one bank in 1996, creating a Community First Bank. On December 31, 2006, total deposits of Community First Bank were $86,000,000 dollars and total assets were $110,000,000.

Internet Banking allows customers to view the following information online: balance inquires on checking, savings, CDs, loans accounts, Inquires by check number or amount, transaction search by multiple criteria, and more.

Keosauqua
714 First Street
Keosauqua IA 52565
phone : 319-293-3794
fax : 319-293-6151

Bloomfield
110 North Washington
Bloomfiled IA 52537
phone : 641-664-1362
fax : 641-664-1569

Cantril
102 Division St.
Cantril IA 52542
phone : 319-397-2401
fax : 319-397-2402

Birmingham
230 East Cedar
Birmingham IA 52535
phone : 319-498-4500
fax : 319-498-4501