Thrifts and Mortgage Finance
Company Overview of North Central Bancshares, Inc.
North Central Bancshares, Inc. operates as the bank holding company for First Federal Savings Bank of Iowa that offers banking services in the north central, central, and southeastern parts of Iowa. The company offers various deposit products, including noninterest-bearing demand accounts, interest bearing accounts, savings accounts, money market savings, certificates of deposit, and individual retirement accounts. It also provides a loan portfolio of one-to-four family residential real estate mortgages, multifamily residential and commercial real estate loans, second mortgage real estate loans, business and consumer loans, and construction and land development loans. In addition, the compan...
825 Central Avenue
Fort Dodge, IA 50501
Founded in 1995
Key Executives for North Central Bancshares, Inc.
Executive Vice President of First Federal Savings Bank of Iowa
Compensation as of Fiscal Year 2013.
North Central Bancshares, Inc. Key Developments
North Central Bancshares Inc.(NasdaqGM:FFFD) dropped from NASDAQ Composite Index
Jun 24 12
North Central Bancshares Inc. will be removed from NASDAQ Composite Index
North Central Bancshares Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2012
May 10 12
North Central Bancshares Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported interest income of $4.806 million, net interest income of $3.700 million, income from continuing operations before income taxes of $0.487 million, income from continuing operations of $0.082 million and net income available to common shareholders of $0.127 million or $0.09 per basic and diluted share compared to interest income of $5.175 million, net interest income of $3.569 million, income from continuing operations before income taxes of $0.952 million, income from continuing operations of $0.670 million and net income available to common shareholders of $0.558 million or $0.41 per basic and diluted share a year ago. As on March 31, 2012 return on average assets was 0.12% and return on average equity was 1.20% compared to 0.61% and 5.58% respectively as of March 31, 2011. Book value per common share as on March 31, 2012 was $30.58 compared to $31.02 as of March 31, 2011. The decrease in earnings was primarily due to an increase in noninterest expense and provision for income taxes, offset in part by an increase in net interest income and a decrease in provision for loan losses. Net income was significantly impacted by expenses directly related to the Company's pending merger with Great Western Bancorporation Inc. and related transactions. The increase in net interest income was primarily due to an increase in net interest spread and a decrease in the average balance of interest-bearing liabilities, offset in part by a decrease in the average balance of interest-earning assets.
North Central Bancshares Inc., Special/Extraordinary Shareholders Meeting, May 23, 2012
Apr 24 12
North Central Bancshares Inc., Special/Extraordinary Shareholders Meeting, May 23, 2012., at 10:00 Central Standard Time. Location: Best Western Starlite Village. Agenda: To vote on approval of the agreement and plan of merger, by and among North Central, 150, Inc. and Great Western Bancorporation, Inc.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|