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First State Bank, Financial Information

About First State Bank

 Address:
304 East Main Street
Belmond, IA
Wright County, Iowa
 Established:
Jul 1933
 Number of domestic offices:
1
Total assets$124M
Net income$1M
Net income, quarterly$0M
Total deposits$91M
Domestic deposits$91M
Equity capital$13M
ROA0.85%
ROAQ, quarterly0.58%
ROA, pretax0.58%
ROAQ, quarterly, pretax0.63%
ROE7.34%
ROEQ, quarterly5.34%
UpdatedMay 20, 2021

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.

On July 3, 1933, the First State Bank of Belmond opened its doors for the first time. The First State Bank is owned and managed by people who live and work in the community. The banks focus is the community of Belmond and the surrounding area, the deposits and income stay where they are generated. Local deposits are invested back in the community in various ways.

The First State Bank has been a strong leader and a loyal supporter of the Belmond Community for over 75 years. First State Bank has a rock solid financial foundation and a firm commitment to the whole community. First State Bank have services available for every type of financial situation that you might have.

304 East Main Street
Belmond, IA 50421
Phone: (641) 444-3226

Historical Data