First Bank
Waverly, IA
IDRSSD: 376442
Total Assets
$729.54M
Latest filing
Total Deposits
$598.88M
Latest filing
Net Interest Margin
3.71%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
073902766WAVERLY, IA
Key People
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Locations
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Main Office
First Bank
316 E Bremer Ave
Waverly, IA 50677
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1864FDIC Certificate 2987
Branches (7)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First Bank (Main) | 316 E Bremer Ave | Waverly, IA |
| WAVERLY BRANCH | 921 W Bremer Ave | Waverly, IA |
| PLAINFIELD BRANCH | 620 1st St | Plainfield, IA |
| CLARION BRANCH | 322 Central Ave E | Clarion, IA |
| EAGLE GROVE BRANCH | 201 W Broadway St | Eagle Grove, IA |
| BARTELS BRANCH | 1922 5th Ave Nw | Waverly, IA |
| CEDAR FALLS BRANCH | 602 Main St | Cedar Falls, IA |
| GOLDFIELD BRANCH | 435 N Main St | Goldfield, IA |
Showing 7 of 7
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/01/1864 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50677 |
| State and County Number | 19017 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Waterloo-Cedar Falls, IA |
Operational Info
| Number of Employees | 81 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.FirstIowa.bank |
| Data Updated | 01/30/2026 |
| CERT | 4519 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $729.54M |
| Total Deposits | $598.88M |
| Total Liabilities | $638.21M |
| Total Equity Capital | $91.33M |
| Net Income | $2.37M |
| Net Loans and Leases | $534.33M |
| Assets Per Employee ($Millions) | $9.23M |
| Bank Premises and Fixed Assets | $6.63M |
| Cash and Balances due from Depository Institutions | $9.39M |
| Deposits Held in Domestic Offices | $598.88M |
Key Performance Ratios
| Return on Assets (ROA) | 1.29% |
| Return on Equity (ROE) | 10.47% |
| Net Interest Margin | 3.71% |
| Efficiency Ratio | 53.77% |
| Tier 1 Risk-Based Capital Ratio | 17.044% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.14% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.519% |
| Earning Assets to total Assets | 94.58% |
Income and Expense
| Total Interest Income | $9.59M |
| Total Noninterest Income | $674.00k |
| Total Interest Expense | $3.17M |
| Total Noninterest Expense | $3.82M |
| Net Interest Income | $6.42M |
| Pre-tax Net Operating Income | $3.03M |
| Provision for Credit Losses | $253.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $345.00k |
| Other borrowed funds | $34.75M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $4.58M |
| Total Liabilities and Capital | $729.54M |
Securities
| Securities | $153.22M |
| Available-for-sale debt securities | $152.43M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $595.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Bank?
$729.54M as of the latest filing.
How much are First Bank's total deposits?
$598.88M in total deposits.
Where is First Bank located?
Waverly, IA.
What is the Net Interest Margin?
3.71%.
How many domestic offices does it operate?
8.
When was it established?
01/01/1864.
What is the Return on Assets (ROA)?
1.29%.
How much are total loans and leases?
$534.33M (latest filing).
What is the total interest income (latest filing)?
$9.59M.