First Trust and Savings Bank

Wheatland, IA
IDRSSD: 640442
Total Assets
$300.11M
Latest filing
Total Deposits
$252.91M
Latest filing
Net Interest Margin
3.98%
Profitability

Key People

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Locations

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Main Office
First Trust and Savings Bank
123 S Main St
Wheatland, IA 52777
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1905FDIC Certificate 5569

Branches (7)

Page 1 of 1
NameAddressCity / State
First Trust and Savings Bank (Main)123 S Main StWheatland, IA
DIXON BRANCH506 Davenport StDixon, IA
LOST NATION BRANCH200 Long AveLost Nation, IA
CALAMUS BRANCH195 2nd StCalamus, IA
DONAHUE BRANCH104 E 1st AveDonahue, IA
ELDRIDGE BRANCH100 S 4th AveEldridge, IA
FIRST TRUST AND SAVINGS BANK - WALCOTT BRANCH123 W Walcott RdWalcott, IA
GRAND MOUND BRANCH601 Smith StGrand Mound, 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1905
Community BankYes
Ownership TypeNot Mutual
ZIP52777
State and County Number19045
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameClinton, IA

Operational Info

Number of Employees49
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.firsttrust.bank
Data Updated01/30/2026
CERT8752
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$300.11M
Total Deposits$252.91M
Total Liabilities$269.35M
Total Equity Capital$30.76M
Net Income$499.00k
Net Loans and Leases$261.30M
Assets Per Employee ($Millions)$6.39M
Bank Premises and Fixed Assets$3.95M
Cash and Balances due from Depository Institutions$4.68M
Deposits Held in Domestic Offices$252.91M

Key Performance Ratios

Return on Assets (ROA)0.67%
Return on Equity (ROE)6.55%
Net Interest Margin3.98%
Efficiency Ratio61.41%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.87%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.248%
Earning Assets to total Assets94.69%

Income and Expense

Total Interest Income$4.43M
Total Noninterest Income$256.00k
Total Interest Expense$1.63M
Total Noninterest Expense$1.88M
Net Interest Income$2.80M
Pre-tax Net Operating Income$536.00k
Provision for Credit Losses$643.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$11.79M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$1.60M
All Other Liabilities$3.05M
Total Liabilities and Capital$300.11M

Securities

Securities$22.32M
Available-for-sale debt securities$22.32M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Trust and Savings Bank?
$300.11M as of the latest filing.
How much are First Trust and Savings Bank's total deposits?
$252.91M in total deposits.
Where is First Trust and Savings Bank located?
Wheatland, IA.
What is the Net Interest Margin?
3.98%.
How many domestic offices does it operate?
8.
When was it established?
01/01/1905.
What is the Return on Assets (ROA)?
0.67%.
How much are total loans and leases?
$261.30M (latest filing).
What is the total interest income (latest filing)?
$4.43M.