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First Bank
Waverly, IA · FDIC Certificate #4519 · Chartered 01/0
Total assets
$739.90M
Total deposits
$619.77M
Total equity
$96.57M
Net loans
$558.04M
Branches (offices)
8
Net income (YTD)
$5.68M
Rank: #1,319 of 4,213 U.S. banks by assets · #38 of 225 in Iowa. Assets changed 1.8% and deposits 3.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.54% |
| Return on equity | 12.11% |
| Net interest margin (YTD) | 3.82% |
| Equity to assets | 13.05% |
| Tier 1 leverage ratio | 12.72% |
| Uninsured deposits (share of deposits) | 24.4% |
| Noncurrent loans (share of loans) | 0.54% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 90.0% |
| Real estate loans (share of loans) | 69.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $388.27M | 69.6% | |
| Commercial & industrial | $56.53M | 10.1% | |
| Consumer / individual | $7.21M | 1.3% | |
| Construction & development | $20.67M | 3.7% | |
| Agricultural | $106.88M | 19.2% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $640.61M | $569.59M | $2.91M | $66.95M |
| Jun 2023 | $693.61M | $580.78M | $2.93M | $69.39M |
| Jun 2024 | $715.63M | $592.04M | $2.95M | $76.41M |
| Jun 2025 | $726.79M | $601.32M | $4.36M | $86.40M |
| Jun 2026 | $739.90M | $619.77M | $5.68M | $96.57M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Iowa | $619.77M | 8 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $619.77M.
Similar-sized banks
The National Capital Bank Of Washington ($742.18M) · Commencement Bank ($739.60M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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