First Trust and Savings Bank

Wheatland, IA
IDRSSD: 640442
Total Assets
$294.18M
Latest filing
Total Deposits
$243.76M
Latest filing
Net Interest Margin
4.14%
Profitability

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 11/14/2025Established 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 Employees50
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 Updated11/14/2025
CERT8752
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$294.18M
Total Deposits$243.76M
Total Liabilities$263.95M
Total Equity Capital$30.23M
Net Income$1.02M
Net Loans and Leases$259.50M
Assets Per Employee ($Millions)$6M
Bank Premises and Fixed Assets$4.05M
Cash and Balances due from Depository Institutions$3.56M
Deposits Held in Domestic Offices$243.76M

Key Performance Ratios

Return on Assets (ROA)1.43%
Return on Equity (ROE)13.77%
Net Interest Margin4.14%
Efficiency Ratio58.77%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.25%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.276%
Earning Assets to total Assets94.73%

Income and Expense

Total Interest Income$4.46M
Total Noninterest Income$191.00k
Total Interest Expense$1.64M
Total Noninterest Expense$1.77M
Net Interest Income$2.82M
Pre-tax Net Operating Income$1.06M
Provision for Credit Losses$180.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$10.79M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$6.42M
All Other Liabilities$2.98M
Total Liabilities and Capital$294.18M

Securities

Securities$18.72M
Available-for-sale debt securities$18.72M
Equity securities with readily determinable fair values not held for trading$0
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?
$294.18M as of the latest filing.
How much are First Trust and Savings Bank's total deposits?
$243.76M in total deposits.
Where is First Trust and Savings Bank located?
Wheatland, IA.
What is the Net Interest Margin?
4.14%.
How many domestic offices does it operate?
8.
When was it established?
01/01/1905.
What is the Return on Assets (ROA)?
1.43%.
How much are total loans and leases?
$259.50M (latest filing).
What is the total interest income (latest filing)?
$4.46M.