Bank · FDIC insured
First National Bank
A $1.1B bank headquartered in Ames, IA, with 9 branches in Iowa. Best rates: CDs 3.91% and savings 0.55% APY.
First National Bank Carrot Score
72
Carrot Score
Higher than 31% of U.S. banks and credit unions
#39 of 53 in Des Moines, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First National Bank
First National Bank was established in 1903 and operates as a local, full-service bank.
The bank serves the Ames, Ankeny, Osceola, and West Des Moines communities in Iowa from eight locations.
- Headquarters
- 405 5th St, Ames, IA 50010
- FDIC certificate
- 1545 ↗
Branches
9 branches in Iowa
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Iowa
9 branches
Des Moines area · 4
- Ankeny Branch1205 N Ankeny Blvd, Ankeny, IA 50023Directions
- Edgewater Wesleylife Community Branch9225 Cascade Ave, West Des Moines, IA 50266Directions
- Valley Junction Branch301 5th St, West Des Moines, IA 50265Directions
- West Glen Branch5625 Mills Civic Pkwy, West Des Moines, IA 50266Directions
Ames area · 3
- First National Bank, Ames, IowaMain office405 5th St, Ames, IA 50010Directions
- North Grand Branch2406 Grand Ave, Ames, IA 50010Directions
- West Ames Branch3334 Lincoln Way, Ames, IA 50014Directions
Osceola area · 2
- Osceola Br139 S Main St, Osceola, IA 50213Directions
- Osceola Branch1320 Jeffreys Drive, Osceola, IA 50213Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.86% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 1.41% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.23% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $69 | $88 | — |
- CapitalLeverage ratio9.86%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent1.41%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.23%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$69Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First National Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.