Exhibit 24





                                POWER OF ATTORNEY

We, the undersigned  directors of Iowa First Bancshares  Corp.  hereby severally
constitute  George A. Shepley and Kim Bartling,  and each of them,  our true and
lawful  attorneys  with full power to them, and each of them, to sign for us and
in our name, the capacities  indicated  below, the Annual Report on Form 10-K of
Iowa First  Bancshares  Corp. for the fiscal year ended December 31, 2002, to be
filed herewith and any  amendments to said Annual  Report,  and generally do all
such things in our name and behalf in our capacities as directors to enable Iowa
First Bancshares Corp. to comply with the provisions of the Securities  Exchange
Act of 1934 as amended,  and all  requirements  of the  Securities  and Exchange
Commission, hereby ratifying and confirming our signatures as they may be signed
by our said attorneys, or either of them, to said Annual Report on Form 10-K and
any and all amendments thereto.

Signature                        Title                           Date
- --------------------------------------------------------------------------------


/s/ Roy J. Carver, Jr.          Director                 February 20, 2003
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Roy J. Carver, Jr.

/s/ Stephen R. Cracker          Director                 February 20, 2003
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Stephen R. Cracker

/s/ Larry L. Emmert             Director                 February 20, 2003
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Larry L. Emmert

/s/ Craig R. Foss               Director                 February 20, 2003
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Craig R. Foss

/s/ Donald R. Heckman           Director                 February 20, 2003
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Donald R. Heckman

/s/ David R. Housley            Director                 February 20, 2003
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David R. Housley

/s/ D. Scott Ingstad            Director                 February 20, 2003
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D. Scott Ingstad

/s/ Victor G. McAvoy            Director                 February 20, 2003
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Victor G. McAvoy

/s/ John "Jay" S. McKee         Director                 February 20, 2003
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John "Jay" S. McKee

/s/ Beverly J. White            Director                 February 20, 2003
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Beverly J. White


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