Farmers Savings Bank in Kingsley, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 07, 1997

Farmers Savings Bank in Kingsley, Iowa (IA)
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Farmers Savings Bank - Overview

General
FDIC Certificate #: 14700
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Western Bank & Trust National Association (#10894)
Federal Reserve ID: 281041
Date Established: December 08, 1908
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 9195
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: August 15, 1934
Last Structure Change Effective Date: January 07, 1997
Last Structure Change Process Date: January 23, 1997
Last Data Update: January 23, 1997
Data Source Date: April 05, 2012
Location
Address: 119 Main Street, Kingsley, IA 51028
County: Plymouth
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $15.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$15,508Cash and due from depository institutions
$902Interest-bearing balances
$0Securities
$12,197Federal funds sold & reverse repurchase agreements
$650Net loans & leases
$1,474Loan loss allowance
$40Trading account assets
$0Bank premises and fixed assets
$17Other real estate owned
$0Goodwill and other intangibles
$268Life insurance assets
$0All other assets
$0Total liabilities and capital
$15,508Total liabilities
$12,750Total deposits
$12,514Interest-bearing deposits
$10,280Deposits held in domestic offices
12514.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$236Total equity capital
$236Total bank equity capital
$2,758Perpetual preferred stock
$0Common stock
$200Surplus
$700Undivided profits
Memoranda
$1,858Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$32Earning assets
$14,321Long-term assets (5+ years)
$0Average Assets, year-to-date
$15,260Average Assets, quarterly
$15,461Volatile liabilities
$936Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,710Total risk weighted assets
$2,061Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$936Total interest expense
$457Net interest income
$479Provision for loan and lease losses
-$47Total noninterest income
$66Fiduciary activities
$0Service charges on deposit accounts
$18Trading account gains & fees
$0Additional noninterest income
$48Total noninterest expense
$459Salaries and employee benefits
$376Premises and equipment expense
$14Additional noninterest expense
$69Pre-tax net operating income
$133Securities gains (losses)
$0Applicable income taxes
$40Income before extraordinary items
$93Extraordinary gains - net
$0Net income attributable to bank
$93Net charge-offs
-$41Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.53%Cost of funding earning assets
3.19%Net interest margin
3.34%Noninterest income to earning assets
0.46%Noninterest expense to earning assets
3.20%Net operating income to assets
0.61%Return on assets (ROA)
0.61%Pretax return on assets
0.87%Return on equity (ROE)
3.41%Retained earnings to average equity (YTD only)
3.41%Net charge-offs to loans
-2.93%Credit loss provision to net charge-offs
114.63%Efficiency ratio
84,220Assets per employee
1.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.64%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
11.78%Net loans and leases to core deposits
12.73%Equity capital to assets
17.78%Core capital (leverage) ratio
17.88%Tier 1 risk-based capital ratio
131.49%Total risk-based capital ratio
Memoranda
$133Average assets
$15,260Average earning assets
$2,726Average equity
$14,334Average loans

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