FDIC Certificate #: 8097 Status: Active Federal Reserve ID: 431846 Bank Holding Company (Regulatory Top Holder): Fsb Of Victor, Inc. (RSSDID: 1404753, Location: Victor, IA) Date Established: January 29, 1891 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 5150 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: Yes 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: 606 Third Street, Victor, IA 52347 County: Iowa 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: $35.1 mil Equity capital: $5.9 mil Deposits held in domestic offices: $29.2 mil Return on assets (ROA): 1.51% ($0.5 mil) Quarterly return on assets: 1.33% ($0.5 mil) Return on Equity (ROE): 8.99% ($0.5 mil) Quarterly return on equity: 8.10% ($0.5 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.59% ($558.9 mil) Quarterly Pretax return on assets: 1.39% ($488.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$35,148Total assets
$4,596Cash and due from depository institutions
$3,000Interest-bearing balances
$3,109Securities
$4,184Federal funds sold & reverse repurchase agreements
$23,014Net loans & leases
$124Loan loss allowance
$0Trading account assets
$8Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$35,148Life insurance assets
$237All other assets
$29,261Total liabilities and capital
$29,217Total liabilities
$24,718Total deposits
$29,217Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$44Subordinated debt
$5,887All other liabilities
$5,887Total equity capital
$5,887Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$1,000Surplus
$4,587Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$179Long-term assets (5+ years)
$33,307Average Assets, year-to-date
$3,640Average Assets, quarterly
$34,628Volatile liabilities
$35,732Insider loans
$28,486FHLB advances
$36,202Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,887Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,002Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,480Total interest income
$221Total interest expense
$1,259Net interest income
$0Provision for loan and lease losses
$18Total noninterest income
$0Fiduciary activities
$10Service charges on deposit accounts
$0Trading account gains & fees
$8Additional noninterest income
$726Total noninterest expense
$588Salaries and employee benefits
$41Premises and equipment expense
$97Additional noninterest expense
$551Pre-tax net operating income
$0Securities gains (losses)
$27Applicable income taxes
$524Income before extraordinary items
$0Extraordinary gains - net
$524Net income attributable to bank
$0Net charge-offs
$524Cash dividends
$0Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.54%Yield on earning assets
0.68%Cost of funding earning assets
3.86%Net interest margin
0.06%Noninterest income to earning assets
2.23%Noninterest expense to earning assets
1.51%Net operating income to assets
1.51%Return on assets (ROA)
1.59%Pretax return on assets
8.99%Return on equity (ROE)
2.13%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
56,852Assets per employee
5.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.34%Loss allowance to loans
0.54%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
78.77%Net loans and leases to core deposits
82.67%Equity capital to assets
16.75%Core capital (leverage) ratio
16.26%Tier 1 risk-based capital ratio
20.67%Total risk-based capital ratio
Memoranda
$21Average assets
$34,628Average earning assets
$5,828Average equity
$32,607Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5150
Farmers Savings Bank
606 Third Street, Victor, IA 52347
January 29, 1891
Full Service Brick and Mortar
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