Farmers Bank in city_name, state_name - Detailed Financial Reports, Location

Farmers Bank in Ault, Colorado (CO)
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Farmers Bank - Overview

General
FDIC Certificate #: 91048
Status: Inactive
Closing history: Office Sold
Acquiring institution: Kirkpatrick Bank (#20156)
Federal Reserve ID: 145657
Date Established: January 05, 1981
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 14143
FDIC's unique #: 18208
Numeric code: 23
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: November 06, 1987
Last Structure Change Effective Date: December 28, 2001
Last Structure Change Process Date: January 25, 2002
Last Data Update: January 25, 2002
Data Source Date: April 05, 2012
Location
Address: 119 First Street, Ault, CO 80610
County: Weld
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Denver
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Greeley, CO (#3060)
Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
Core Based Statistical Area (CBSA): Greeley, CO (#24540)
CBSA Metro Statistical Area: Greeley, CO (#24540)
History of Changes
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $55.7 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
9Total employees (full-time equivalent)
$39,341Total assets
$2,948Cash and due from depository institutions
$0Interest-bearing balances
$8,941Securities
$0Federal funds sold & reverse repurchase agreements
$25,385Net loans & leases
$777Loan loss allowance
$0Trading account assets
$703Bank premises and fixed assets
$0Other real estate owned
$303Goodwill and other intangibles
$0Life insurance assets
$1,061All other assets
$39,341Total liabilities and capital
$29,689Total liabilities
$26,937Total deposits
$23,287Interest-bearing deposits
$26,937Deposits held in domestic offices
0.00%% insured (estimated)
$2,620Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$132All other liabilities
$9,652Total equity capital
$9,652Total bank equity capital
$9,652Perpetual preferred stock
$0Common stock
$100Surplus
$6,600Undivided profits
Memoranda
$2,952Noncurrent loans and leases
$7,023Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,131Earning assets
$2,000Long-term assets (5+ years)
$534Average Assets, year-to-date
$34,326Average Assets, quarterly
$4,508Volatile liabilities
$62,136Insider loans
$48,125FHLB advances
$6,260Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,023Total unused commitments
$273Restructured Loans and leases
$382Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$4,909Total interest income
$2,472Total interest expense
$2,437Net interest income
$970Provision for loan and lease losses
$376Total noninterest income
$0Fiduciary activities
$263Service charges on deposit accounts
$0Trading account gains & fees
$113Additional noninterest income
$1,390Total noninterest expense
$642Salaries and employee benefits
$140Premises and equipment expense
$608Additional noninterest expense
$453Pre-tax net operating income
$0Securities gains (losses)
$164Applicable income taxes
$289Income before extraordinary items
$0Extraordinary gains - net
$289Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$777Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.62%Yield on earning assets
4.34%Cost of funding earning assets
4.28%Net interest margin
0.66%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
0.47%Net operating income to assets
0.47%Return on assets (ROA)
0.73%Pretax return on assets
3.60%Return on equity (ROE)
3.60%Retained earnings to average equity (YTD only)
1.68%Net charge-offs to loans
124.84%Credit loss provision to net charge-offs
1.83%Efficiency ratio
48,560Assets per employee
4.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.97%Loss allowance to noncurrent loans
24.82%Noncurrent assets plus other real estate owned to assets
7.96%Noncurrent loans to loans
11.97%Net loans and leases to deposits
94.24%Net loans and leases to core deposits
108.96%Equity capital to assets
24.53%Core capital (leverage) ratio
23.02%Tier 1 risk-based capital ratio
31.34%Total risk-based capital ratio
Memoranda
$33Average assets
$62,136Average earning assets
$8,035Average equity
$56,919Average loans

Farmers Bank in Ault, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers Bank - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

Farmers Bank in Ault, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers Bank - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

Farmers Bank in Ault, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches