FDIC Certificate #: 1642 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Great Western Bank (#8327) Federal Reserve ID: 337658 Date Established: January 01, 1905 WWW:http://www.farmersbankport.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 10777 FDIC's unique #: 1078 Numeric code: 21 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: January 01, 1934 Last Structure Change Effective Date: December 09, 2004 Last Structure Change Process Date: December 23, 2004 Last Data Update: December 23, 2004 Data Source Date: April 05, 2012
Location
Address: 301 East Third Street, Portageville, MO 63873 County: New Madrid Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $48.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
16Total employees (full-time equivalent)
$52,567Total assets
$2,165Cash and due from depository institutions
$15Interest-bearing balances
$16,114Securities
$870Federal funds sold & reverse repurchase agreements
$31,329Net loans & leases
$396Loan loss allowance
$0Trading account assets
$350Bank premises and fixed assets
$0Other real estate owned
$57Goodwill and other intangibles
$0Life insurance assets
$1,682All other assets
$52,567Total liabilities and capital
$46,867Total liabilities
$46,653Total deposits
$35,960Interest-bearing deposits
$46,653Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$214All other liabilities
$5,700Total equity capital
$5,700Total bank equity capital
$5,700Perpetual preferred stock
$0Common stock
$400Surplus
$5,167Undivided profits
Memoranda
$133Noncurrent loans and leases
$4,487Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$176Earning assets
$0Long-term assets (5+ years)
$344Average Assets, year-to-date
$48,328Average Assets, quarterly
$2,327Volatile liabilities
$50,880Insider loans
$50,591FHLB advances
$10,183Loans and leases held for sale
$301Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,487Total unused commitments
$0Restructured Loans and leases
$396Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$2,930Total interest income
$717Total interest expense
$2,213Net interest income
$48Provision for loan and lease losses
$345Total noninterest income
$0Fiduciary activities
$226Service charges on deposit accounts
$0Trading account gains & fees
$119Additional noninterest income
$1,319Total noninterest expense
$891Salaries and employee benefits
$149Premises and equipment expense
$279Additional noninterest expense
$1,191Pre-tax net operating income
$1Securities gains (losses)
$427Applicable income taxes
$765Income before extraordinary items
$0Extraordinary gains - net
$765Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$80Sale, conversion, retirement of capital stock, net
$689Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.24%Yield on earning assets
1.53%Cost of funding earning assets
4.71%Net interest margin
0.73%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
1.50%Net operating income to assets
1.50%Return on assets (ROA)
2.34%Pretax return on assets
13.12%Return on equity (ROE)
1.30%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
60.00%Credit loss provision to net charge-offs
15.49%Efficiency ratio
50,586Assets per employee
3.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
90.07%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
225.00%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.55%Net loans and leases to deposits
67.15%Net loans and leases to core deposits
85.90%Equity capital to assets
10.84%Core capital (leverage) ratio
10.49%Tier 1 risk-based capital ratio
16.05%Total risk-based capital ratio
Memoranda
$17Average assets
$50,880Average earning assets
$5,832Average equity
$46,987Average loans
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