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


  • Farmers Savings Bank in Fostoria, Iowa (IA)
  • Show street view No street view available for this location
Farmers Savings Bank routing number info

Farmers Savings Bank - Overview

  • General
  • FDIC Certificate #: 18284
    Status: Active
    Federal Reserve ID: 624648
    Bank Holding Company (Regulatory Top Holder): Fostoria Bankshares, Inc. (RSSDID: 1416569, Location: Fostoria, IA)
    Date Established: August 24, 1916
    WWW: http://www.fsbfostoria.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 12200
    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: August 04, 1960
    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: 10 Highway Avenue Northwest, Fostoria, IA 51340
    County: Clay
    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
    Core Based Statistical Area (CBSA): Spencer, IA (#43980)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $75.7 mil
    Equity capital: $11.3 mil
    Deposits held in domestic offices: $62.3 mil
    Return on assets (ROA): 1.08% ($0.8 mil)
    Quarterly return on assets: 0.97% ($0.7 mil)
    Return on Equity (ROE): 7.19% ($0.8 mil)
    Quarterly return on equity: 6.51% ($0.7 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.49% ($1,128.1 mil)
    Quarterly Pretax return on assets: 1.14% ($863.1 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
  • 14Total employees (full-time equivalent)
  • $75,712Total assets
  • $629Cash and due from depository institutions
  • $32Interest-bearing balances
  • $22,149Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $49,662Net loans & leases
  • $1,027Loan loss allowance
  • $0Trading account assets
  • $1,002Bank premises and fixed assets
  • $1,005Other real estate owned
  • $0Goodwill and other intangibles
  • $75,712Life insurance assets
  • $1,265All other assets
  • $64,378Total liabilities and capital
  • $62,257Total liabilities
  • $51,032Total deposits
  • $62,257Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 1295.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $727Trading liabilities
  • $0Other borrowed funds
  • $99Subordinated debt
  • $11,334All other liabilities
  • $11,334Total equity capital
  • $11,334Total bank equity capital
  • $0Perpetual preferred stock
  • $120Common stock
  • $1,880Surplus
  • $9,334Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $484Income earned, not collected on loans
  • $0Earning assets
  • $496Long-term assets (5+ years)
  • $71,843Average Assets, year-to-date
  • $11,265Average Assets, quarterly
  • $72,875Volatile liabilities
  • $75,511Insider loans
  • $58,000FHLB advances
  • $73,996Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,342Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,374Restructured Loans and leases
  • $683Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,278Total interest income
  • $556Total interest expense
  • $2,722Net interest income
  • $154Provision for loan and lease losses
  • $200Total noninterest income
  • $5Fiduciary activities
  • $80Service charges on deposit accounts
  • $0Trading account gains & fees
  • $115Additional noninterest income
  • $1,678Total noninterest expense
  • $1,093Salaries and employee benefits
  • $155Premises and equipment expense
  • $430Additional noninterest expense
  • $1,090Pre-tax net operating income
  • -$3Securities gains (losses)
  • $299Applicable income taxes
  • $788Income before extraordinary items
  • $0Extraordinary gains - net
  • $788Net income attributable to bank
  • $0Net charge-offs
  • $788Cash dividends
  • $181Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 3.92%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.42%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 7.19%Return on equity (ROE)
  • 7.19%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 85.08%Credit loss provision to net charge-offs
  • 6.87%Efficiency ratio
  • 57,426Assets per employee
  • 5.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.03%Loss allowance to noncurrent loans
  • 212.19%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 0.95%Net loans and leases to deposits
  • 79.77%Net loans and leases to core deposits
  • 82.08%Equity capital to assets
  • 14.97%Core capital (leverage) ratio
  • 15.33%Tier 1 risk-based capital ratio
  • 19.56%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $72,875Average earning assets
  • $10,952Average equity
  • $69,365Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7,776Managed Assets
  • 1Number of Accounts
  • $7,755Personal trust and agency accounts
  • $7,755Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 11Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $21Other retirement accounts
  • $21Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    012200Farmers Savings Bank10 Highway Avenue Northwest, Fostoria, IA 51340August 24, 1916Full Service Brick and Mortar
    1423488Milford Branch2121 Okoboji Avenue, Milford, IA 51351June 10, 2002Full 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 Farmers Savings Bank.
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