Iowa First Bancshares Corp. Resources | BNET
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Iowa First Bancshares Corp. (IOFB) is in the Financial Services Industry

Revenue
Dec 31 2005
$23.0M
Profit
Dec 31 2005
$3.3M
Market Cap
Jul 23 2008
$47.0K

Latest News and Analysis

  • Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported operating results for the three month period ended March 31, 2008. Consolidated net income for the quarter totaled $981,000 or $.84 per share. This compared to $1,000,000 or $.81 per share for the same period last year. The increase of...

    Articles 2008-04-28

  • Iowa First Bancshares Corp. Reports Record Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported record net income of $4,029,000, exceeding the $4 million earnings mark for only the second time in the Company's history. This represents only a modest increase of $24,000 or 0.6% compared to the prior year, but earnings per share of...

    Articles 2008-01-30

  • Iowa First Bancshares Corp. Reports Third Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported net income of $987,000 for the quarter ended September 30, 2007, compared to net income of $1,025,000 for the quarter ended September 30, 2006, a decrease of $38,000 or 3.7%. Basic and diluted earnings per share were $.83...

    Articles 2007-10-23

  • Iowa First Bancshares Corp. Reports Record Second Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported net income of $1,136,000 for the quarter ended June 30, 2007, compared to net income of $987,000 for the quarter ended June 30, 2006, an increase of $149,000 or 15.1%. This was a new record high for second quarter net...

    Articles 2007-07-20

  • Iowa First Bancshares Corp. Achieves National Recognition

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB), the parent company of First National Bank in Fairfield, Iowa, and First National Bank of Muscatine, Iowa, has gained national recognition for financial performance. The banking industry magazine, USBANKER, named Iowa First Bancshares Corp. in its June 2007 issue as one of...

    Articles 2007-06-27

  • Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported operating results for the three month period ended March 31, 2007. Consolidated net income for the quarter totaled $1,000,000 or $.81 per share. This compared to $918,000 or $.70 per share for the same period last year. The increase of...

    Articles 2007-04-20

  • Iowa First Bancshares Corp. Reports Fourth Quarter and Full Year Financial Results

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported the achievement of several important corporate milestones during 2006. A new record high for earnings was achieved in 2006, with net income exceeding $4 million for the first time in the Company's history. Iowa First also reached new all-time highs...

    Articles 2007-02-13

  • Iowa First Bancshares Corp. Reports Record Third Quarter Financial Results

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported record high net income of $1,025,000 for the quarter ended September 30, 2006, compared to net income of $842,000 for the quarter ended September 30, 2005, an increase of $183,000 or 21.7%. This increase in net income resulted primarily from...

    Articles 2006-10-26

  • Iowa First Bancshares Corp. Reports Second Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported net income of $987,000 for the quarter ended June 30, 2006, compared to net income of $923,000 for the quarter ended June 30, 2005, an increase of $64,000 or 6.9%. This increase in net income resulted from growth in net...

    Articles 2006-07-27

  • Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported operating results for the three month period ended March 31, 2006. Consolidated net income for the quarter totaled $918,000 or $.70 per share. This compared to $766,000 or $.55 per share for the same period last year. The increase of...

    Articles 2006-04-21

  • Iowa First Bancshares Corp. Announces Stock Repurchase Plan

    MUSCATINE, Iowa -- The Iowa First Bancshares Corp. (OTCBB:IOFB) board of directors has authorized a new stock repurchase plan for up to two percent of the Company's outstanding common stock. As of February 21, 2006, the Company has 1,308,473 shares of common stock outstanding. Based on recently quoted prices on...

    Articles 2006-02-22

  • Iowa First Bancshares Corp. Reports Fourth Quarter and Full Year Financial Results

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IOFB) today reported the achievement of several important corporate milestones during 2005. New record highs were set as of year-end 2005 in total assets at over $382 million, net loans at nearly $302 million, as well as deposits and securities sold under agreements...

    Articles 2006-02-01

  • Iowa First Bancshares Corp. Reports Second Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IFST) today reported net income of $923,000 for the quarter ended June 30, 2005, compared to net income of $988,000 for the quarter ended June 30, 2004, a decrease of $65,000 or 6.6%. This decrease in net income resulted from increased operating expenses...

    Articles 2005-07-26

  • Iowa First Bancshares Corp. Announces Plan to End SEC Reporting

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. announced today that its Board of Directors has approved a plan to proceed with a going private transaction. If the proposed transaction is completed, Iowa First expects to have fewer than 300 shareholders of record. As a result, Iowa First Bancshares Corp. would...

    Articles 2005-07-22

  • Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IFST) today reported operating results for the three month period ended March 31, 2005. Consolidated net income for the quarter totaled $766,000 or $.55 per share. This compared to $823,000 or $.58 per share for the same period last year. The decrease of...

    Articles 2005-04-22

  • Iowa First Bancshares Corp. Reports Fourth Quarter and Full Year Financial Results

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IFST) today reported net income of $922,000 for the quarter ended December 31, 2004, compared to net income of $719,000 for the quarter ended December 31, 2003, an increase of $203,000 or 28.2%. This increase in net income primarily resulted from higher net...

    Articles 2005-02-01

  • Iowa First Bancshares Corp. Reports Third Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IFST) today reported net income of $970,000 for the quarter ended September 30, 2004, compared to net income of $940,000 for the quarter ended September 30, 2003, an increase of $30,000 or 3.2%. This increase in net income primarily resulted from higher net...

    Articles 2004-10-26

  • Iowa First Bancshares Corp. Reports Second Quarter Financial Results and Dividend Payment

    MUSCATINE, Iowa -- Iowa First Bancshares Corp. (OTCBB:IFST) today reported net income of $988,000 for the quarter ended June 30, 2004, compared to net income of $944,000 for the quarter ended June 30, 2003, an increase of $44,000 or 4.7%. This increase in net income resulted from higher net interest...

    Articles 2004-07-22

  • Iowa First Bancshares Corp. Reports First Quarter Financial Results and Dividend Payment

    Business Editors MUSCATINE, Iowa--BUSINESS WIRE--April 22, 2004 Iowa First Bancshares Corp. (OTCBB:IFST) today reported operating results for the three month period ended March 31, 2004. Consolidated net income for the quarter totaled $823,000 or $.58 per share. This compared to $617,000 or $.43 per share for...

    Articles 2004-04-22

  • Iowa First Bancshares Corp. Reports Fourth Quarter and Full Year Financial Results

    Business Editors MUSCATINE, Iowa--BUSINESS WIRE--Jan. 28, 2004 Iowa First Bancshares Corp. (OTCBB:IFST) today reported net income of $719,000 for the quarter ended December 31, 2003, compared to net income of $861,000 for the quarter ended December 31, 2002, a decrease of $142,000 or 16.5%. This decrease...

    Articles 2004-01-28

  • Incorporated: 1983
  • Employees: 130

Iowa First Bancshares is a bank holding company. Co. owns all the outstanding stock of two national banks in Iowa, First National Bank of Muscatine and First National Bank in Fairfield.

Each bank is engaged in the general commercial banking business and provides full service banking to individuals and businesses, including checking, savings, money market and time deposit accounts, commercial loans, consumer loans, real estate loans, safe deposit facilities, transmitting of funds, trust services, and such other banking services as are usual and customary for commercial banks.

Key Competitors

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Iowa First Bancshares Corp. Company Info

Board of Directors

D. Scott Ingstad

Chmn.

John "Jay" S. McKee

Richard L. Shepley

Beverly J. White

Kim K. Bartling

Roy J. Carver Jr.

Stephen R. Cracker

Larry L. Emmert

Craig R. Foss

Donald R. Heckman

David R. Housley

Victor G. McAvoy

Contact Information

300 East Second Street

Muscatine, IA

http://www.fnbmusc.com

563 263-4221

NAICS Code

Commercial Banking: 522110
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