FDIC Certificate #: 8086 Status: Active Federal Reserve ID: 847540 Date Established: January 01, 1893 WWW:http://www.fsbkeota.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 5143 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: January 01, 1934 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: 225-7 East Broadway, Keota, IA 52248 County: Keokuk Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Cedar Rapids Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $87.7 mil Equity capital: $12.3 mil Deposits held in domestic offices: $60.6 mil Return on assets (ROA): 1.47% ($1.3 mil) Quarterly return on assets: 2.89% ($2.5 mil) Return on Equity (ROE): 10.37% ($1.2 mil) Quarterly return on equity: 19.74% ($2.4 mil) Net income: $1.2 mil Quarterly Net income: $0.6 mil Pretax return on assets: 1.86% ($1,632.0 mil) Quarterly Pretax return on assets: 3.89% ($3,413.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
13Total employees (full-time equivalent)
$87,744Total assets
$2,576Cash and due from depository institutions
$10Interest-bearing balances
$44,901Securities
$6,709Federal funds sold & reverse repurchase agreements
$29,668Net loans & leases
$526Loan loss allowance
$0Trading account assets
$474Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$87,744Life insurance assets
$3,416All other assets
$75,456Total liabilities and capital
$60,574Total liabilities
$51,496Total deposits
$60,574Interest-bearing deposits
$93Deposits held in domestic offices
9592.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,540Trading liabilities
$0Other borrowed funds
$1,750Subordinated debt
$12,288All other liabilities
$12,288Total equity capital
$12,288Total bank equity capital
$0Perpetual preferred stock
$317Common stock
$604Surplus
$11,367Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$319Income earned, not collected on loans
$0Earning assets
$897Long-term assets (5+ years)
$81,288Average Assets, year-to-date
$47,896Average Assets, quarterly
$79,305Volatile liabilities
$84,105Insider loans
$44,891FHLB advances
$84,239Loans and leases held for sale
$1,929Unused loan commitments
$1,635Tier 1 (core) risk-based capital
$11,439Tier 2 risk-based capital
$294Total risk weighted assets
$0Total unused commitments
$4,211Restructured Loans and leases
$751Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,385Total interest income
$979Total interest expense
$2,406Net interest income
$0Provision for loan and lease losses
$247Total noninterest income
$0Fiduciary activities
$125Service charges on deposit accounts
$0Trading account gains & fees
$122Additional noninterest income
$1,756Total noninterest expense
$1,018Salaries and employee benefits
$226Premises and equipment expense
$512Additional noninterest expense
$897Pre-tax net operating income
$578Securities gains (losses)
$307Applicable income taxes
$1,168Income before extraordinary items
$0Extraordinary gains - net
$1,168Net income attributable to bank
$0Net charge-offs
$1,168Cash dividends
$5Sale, conversion, retirement of capital stock, net
$48Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.58%Yield on earning assets
1.32%Cost of funding earning assets
3.25%Net interest margin
0.33%Noninterest income to earning assets
2.37%Noninterest expense to earning assets
0.90%Net operating income to assets
1.47%Return on assets (ROA)
1.86%Pretax return on assets
10.37%Return on equity (ROE)
9.94%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
179.40%Efficiency ratio
66,189Assets per employee
6.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
4.11%Loss allowance to loans
1.74%Loss allowance to noncurrent loans
164.89%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
1.06%Net loans and leases to deposits
48.98%Net loans and leases to core deposits
48.98%Equity capital to assets
14.00%Core capital (leverage) ratio
13.58%Tier 1 risk-based capital ratio
25.48%Total risk-based capital ratio
Memoranda
$27Average assets
$79,305Average earning assets
$11,269Average equity
$73,973Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5143
Farmers Savings Bank
225-7 East Broadway, Keota, IA 52248
January 01, 1893
Full Service Brick and Mortar
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