1st Whitney Bank IA Financial Summary and Performance Review

1st Whitney Bank, a community bank based in Iowa, has consistently demonstrated a strong financial performance. The bank's assets have grown significantly over the years, reaching $1.3 billion in 2020.

The bank's net income has also shown a steady increase, reaching $10.4 million in 2020. This growth can be attributed to the bank's efficient operations and strategic lending practices.

The bank's loan portfolio has expanded, with a significant portion of loans being commercial and industrial loans. As of 2020, commercial and industrial loans accounted for 55% of the bank's total loans.

The bank's deposit base has also grown, with a total of $1.1 billion in deposits as of 2020. This growth in deposits has helped the bank to maintain a strong liquidity position.

First Whitney Bank was established on January 1, 1907, and is categorized as a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC).

The bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence. It has 2 domestic offices, providing a physical footprint in the community.

First Whitney Bank is directly owned by another bank (CERT) is no, and it is a community bank, yes. The bank's primary regulator is the FDIC, and it has a Federal Reserve ID Number of 7.

Here's a breakdown of the bank's loan portfolio:

The bank's assets total $260.13 million, with $247.33 million in total deposits and $193.86 million in interest-bearing deposits. Shareholders’ Equity is $25.41 million.

First Whitney Bank has a substantial scale and market presence, with total assets valued at $287,939k.

The bank's financial stability is reflected in its Tier 1 Risk-Based Capital Ratio, which stands at 13.1018.

First Whitney Bank has a strong focus on community banking, with 2 domestic offices and a local market presence.

The bank's asset size is approximately $287,939k, indicating its substantial scale and market presence.

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First Whitney Bank's Return on Equity is 13.1%, which is higher than the U.S. Bank Average of 10.02%.

The bank's Capitalization is 8.9%, which is lower than the U.S. Bank Average of 11.29%.

Here's a breakdown of the bank's financial metrics:

First Whitney Bank's financial performance is reflected in its ability to raise funds to grow its loans and assets, with long-term increases in deposits of $247,334,000.

The bank's asset growth may rise or fall depending on its strategy for growth, but sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards or financial distress.

The bank's financial stability is also reflected in its Texas Ratio, which is 0%, indicating that it has sufficient capital and reserves to cover potential loan losses.

First Whitney Bank has a strong financial foundation, with total assets valued at $287,939k and a network of 2 domestic offices.

The bank's asset size reflects its scale and market presence, making it a significant player in the financial sector.

First Whitney Bank's Tier 1 Risk-Based Capital Ratio is 13.1018, indicating a high level of financial stability and capital adequacy.

This ratio is higher than the U.S. Bank Average of 10.02%, demonstrating the bank's ability to manage risk effectively.

First Whitney Bank has a Return on Equity (ROE) of 13.1%, which is higher than the BestCashCow average of 10.02%. This suggests that the bank is efficiently making money from its capital.

However, the bank's Capitalization is 8.9%, which is lower than the BestCashCow average of 11.29%. This may indicate that the bank has a relatively lower level of equity capital to underpin its loans and assets.

Here's a summary of the bank's financial details:

First Whitney Bank's financial performance is reflected in its ability to maintain a strong asset base and manage risk effectively.

First Whitney Bank and Trust has a substantial scale with total assets valued at $287,939k.

The bank's financial structure is stable, with total liabilities standing at $263,701k and total equity capital at $24,238k.

First Whitney Bank and Trust boasts a strong community focus and local market presence, with a network of 2 domestic offices.

The bank's asset size reflects its scale and market presence, with a total of $287,939k in assets.

First Whitney Bank and Trust has a Tier 1 Risk-Based Capital Ratio of 13.1018, indicating a high level of capital adequacy and risk management.

The bank's Return on Assets is 0.95, providing valuable insights into its profitability.

Here's a breakdown of the bank's key financial metrics:

First Whitney Bank and Trust has a Texas Ratio of 0%, indicating that it has a strong foundation to absorb potential loan losses.

The bank's Return on Equity is 13.1%, which is higher than the U.S. Bank Average of 10.02%.

First Whitney Bank and Trust's Capitalization is 8.9%, which is lower than the U.S. Bank Average of 11.29%.

The bank's financial data suggests that it is a well-run institution with a strong risk management strategy.

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