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This institution is no longer active

Operations ceased on February 29, 2008. CRA examination history below reflects the period it was active.

THE FIRST STATE BANK OF THORNTON, IOWA

THORNTON, IA · Supervised by FDIC

Est. 1906FDIC #15,768RSSD: FDIC-15768FIRST STB THORNTON IA ESOP
Satisfactory

Current rating · Exam: March 2004

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Institution Profile

FDIC BankFind

Address

Main Street, THORNTON, IA

County

Cerro Gordo County

Established

January 1, 1906

Total Assets

$23M(latest call report)

Financial Snapshot

As of Q4 2007Call Report / FDIC

Total Assets

$23M

Total Deposits

$21M

Net Loans

$9M

Net Income

$71K

ROA

0.32%

ROE

3.72%

Risk-Based Capital

18.58%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

March 1, 2004

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

5 previous ratings locked — dating back to 1990

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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