Bank of Farmington in Farmington, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bank of Farmington in Farmington, Illinois (IL)
  • Show street view No street view available for this location
Bank of Farmington routing number info

Bank of Farmington - Overview

  • General
  • FDIC Certificate #: 11732
    Status: Active
    Federal Reserve ID: 976534
    Bank Holding Company (Regulatory Top Holder): Farmington Bancorp, Inc. (RSSDID: 1491717, Location: Farmington, IL)
    Date Established: January 01, 1903
    WWW: http://www.bankoffarmington.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7503
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 16 North Main Street, Farmington, IL 61531
    County: Fulton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Canton, IL (#15900)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $112.8 mil
    Equity capital: $12.9 mil
    Deposits held in domestic offices: $97.1 mil
    Return on assets (ROA): 1.38% ($1.6 mil)
    Quarterly return on assets: 1.16% ($1.3 mil)
    Return on Equity (ROE): 12.16% ($1.6 mil)
    Quarterly return on equity: 9.96% ($1.3 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.89% ($2,132.4 mil)
    Quarterly Pretax return on assets: 1.87% ($2,109.8 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $112,826Total assets
  • $5,552Cash and due from depository institutions
  • $1,561Interest-bearing balances
  • $34,297Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $68,275Net loans & leases
  • $824Loan loss allowance
  • $0Trading account assets
  • $1,487Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $112,826Life insurance assets
  • $3,215All other assets
  • $99,946Total liabilities and capital
  • $97,054Total liabilities
  • $86,522Total deposits
  • $97,054Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 1000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $600Trading liabilities
  • $0Other borrowed funds
  • $1,292Subordinated debt
  • $12,880All other liabilities
  • $12,880Total equity capital
  • $12,880Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $850Surplus
  • $11,630Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,113Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $139Income earned, not collected on loans
  • $0Earning assets
  • $1,009Long-term assets (5+ years)
  • $104,133Average Assets, year-to-date
  • $36,509Average Assets, quarterly
  • $105,883Volatile liabilities
  • $110,115Insider loans
  • $75,286FHLB advances
  • $108,802Loans and leases held for sale
  • $1,793Unused loan commitments
  • $1,793Tier 1 (core) risk-based capital
  • $12,094Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,531Restructured Loans and leases
  • $1,324Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,176Total interest income
  • $1,169Total interest expense
  • $4,007Net interest income
  • $181Provision for loan and lease losses
  • $334Total noninterest income
  • $0Fiduciary activities
  • $177Service charges on deposit accounts
  • $0Trading account gains & fees
  • $157Additional noninterest income
  • $2,243Total noninterest expense
  • $1,195Salaries and employee benefits
  • $223Premises and equipment expense
  • $825Additional noninterest expense
  • $1,917Pre-tax net operating income
  • $83Securities gains (losses)
  • $541Applicable income taxes
  • $1,459Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,459Net income attributable to bank
  • $0Net charge-offs
  • $1,459Cash dividends
  • $63Sale, conversion, retirement of capital stock, net
  • $378Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.34%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 4.13%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 2.31%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.89%Pretax return on assets
  • 12.16%Return on equity (ROE)
  • 9.01%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 287.30%Credit loss provision to net charge-offs
  • 33.30%Efficiency ratio
  • 51,670Assets per employee
  • 5.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.91%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 592.81%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 70.35%Net loans and leases to core deposits
  • 73.40%Equity capital to assets
  • 11.42%Core capital (leverage) ratio
  • 11.12%Tier 1 risk-based capital ratio
  • 16.06%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $105,883Average earning assets
  • $11,999Average equity
  • $97,008Average loans

List of branches

  • 2 Illinois Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    07503Bank Of Farmington16 North Main Street, Farmington, IL 61531January 01, 1903Full Service Brick and Mortar
    1477853Bank Of Farmington At Canton Branch2115 N Main St, Canton, IL 61520September 15, 2007Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Farmington.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents