Farmers National Bank in Bayard, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 07, 1994

  • Farmers National Bank in Bayard, Iowa (IA)
  • Show street view No street view available for this location

Farmers National Bank - Overview

  • General
  • FDIC Certificate #: 8081
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Iowa Savings Bank (#14690)
    Federal Reserve ID: 823348
    Date Established: April 26, 1926
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 5138
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 07, 1994
    Last Structure Change Process Date: December 05, 1994
    Last Data Update: December 05, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Bayard, IA 50029
    County: Guthrie
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • Financial Summary
  • Total assets: $10.5 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6Total assets
  • $10,735Cash and due from depository institutions
  • $491Interest-bearing balances
  • $0Securities
  • $3,044Federal funds sold & reverse repurchase agreements
  • $625Net loans & leases
  • $6,216Loan loss allowance
  • $57Trading account assets
  • $0Bank premises and fixed assets
  • $98Other real estate owned
  • $0Goodwill and other intangibles
  • $261Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $10,735Total liabilities
  • $10,025Total deposits
  • $9,980Interest-bearing deposits
  • $9,173Deposits held in domestic offices
  • 9980.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $45Total equity capital
  • $45Total bank equity capital
  • $710Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $400Undivided profits
  • Memoranda
  • $260Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32Income earned, not collected on loans
  • $192Earning assets
  • $9,885Long-term assets (5+ years)
  • $485Average Assets, year-to-date
  • $10,340Average Assets, quarterly
  • $10,466Volatile liabilities
  • $300Insider loans
  • $118FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $889Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $710Total risk weighted assets
  • $6,764Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $678Total interest expense
  • $291Net interest income
  • $387Provision for loan and lease losses
  • $0Total noninterest income
  • $76Fiduciary activities
  • $0Service charges on deposit accounts
  • $58Trading account gains & fees
  • $0Additional noninterest income
  • $18Total noninterest expense
  • $345Salaries and employee benefits
  • $156Premises and equipment expense
  • $41Additional noninterest expense
  • $148Pre-tax net operating income
  • $118Securities gains (losses)
  • $0Applicable income taxes
  • $34Income before extraordinary items
  • $84Extraordinary gains - net
  • $0Net income attributable to bank
  • $84Net charge-offs
  • $3Cash dividends
  • $85Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.12%Cost of funding earning assets
  • 3.06%Net interest margin
  • 4.06%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 3.62%Net operating income to assets
  • 0.81%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 1.14%Return on equity (ROE)
  • 11.92%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,514Assets per employee
  • 1.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 101.19%Loss allowance to loans
  • 0.91%Loss allowance to noncurrent loans
  • 178.13%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 62.28%Net loans and leases to core deposits
  • 64.21%Equity capital to assets
  • 6.61%Core capital (leverage) ratio
  • 6.76%Tier 1 risk-based capital ratio
  • 10.50%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $10,340Average earning assets
  • $705Average equity
  • $9,521Average loans

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