Get First National Bank Personal Financial Statement

Completing the First National Bank Personal Financial Statement online is an essential step in applying for credit. This guide provides a detailed overview of the components of the form and step-by-step instructions to help you fill it out accurately and efficiently.

Follow the steps to complete your personal financial statement online.

1. Click ‘Get Form’ button to access the form and open it in the editor.
2. Indicate the type of credit you are applying for by checking the appropriate box in Section I. Choose 'Individual' if you are providing financial information only for yourself, or check 'Joint' if you are applying with another person and provide their relationship and social security number.
3. Fill out your personal information in the 'Personal Financial Statement of' section, including your name, address, phone number, social security number, date of birth, occupation, and number of dependents.
4. In Section I, begin detailing your assets. Start with cash in hand and in banks, life insurance cash value, U.S. government securities, and marketable securities. Follow the instructions to itemize other assets that are readily convertible to cash.
5. Next, provide details on real estate owned, any mortgages or contracts, and notes accountable from relatives and friends, ensuring to itemize other non-readily marketable securities and personal property.
6. Once you've outlined total assets, proceed to report your annual income, itemizing salary, bonuses, commissions, dividends, rental income, and other income sources. If applying jointly, include the other person's income information.
7. In the liabilities section, document notes due to banks, relatives, and others, as well as accounts payable and unpaid taxes. Ensure that all obligations due within a year are included.
8. Calculate your total liabilities and net worth by subtracting total liabilities from total assets. Clearly display the final totals.
9. Estimate your annual expenses, including income and other taxes, insurance premiums, mortgage payments, and miscellaneous expenses.
10. Complete any general information, such as asset pledges and legal questions. Review the document thoroughly for accuracy.
11. Finally, sign and date the form, ensuring that all details are correct. Save your changes, and proceed to download or print the form as necessary.

Complete your First National Bank Personal Financial Statement online today to take the next step in your credit application.