Farmers State Bank in Wallace, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Farmers State Bank in Wallace, Nebraska (NE)
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Farmers State Bank routing number info

Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 13257
    Status: Active
    Federal Reserve ID: 727156
    Bank Holding Company (Regulatory Top Holder): Nebanco, Inc. (RSSDID: 1052369, Location: Wallace, NE)
    Date Established: May 18, 1918
    WWW: http://www.fsbwallace.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10934
    FDIC's unique #: 8389
    Numeric code: 13
    Regulator: FED
    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: 234 S Commercial Ave, Wallace, NE 69169
    County: Lincoln
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Island
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): North Platte, NE (#35820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $43.5 mil
    Equity capital: $3.8 mil
    Deposits held in domestic offices: $39.6 mil
    Return on assets (ROA): 0.46% ($0.2 mil)
    Quarterly return on assets: 0.20% ($0.1 mil)
    Return on Equity (ROE): 5.31% ($0.2 mil)
    Quarterly return on equity: 2.23% ($0.1 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.77% ($335.0 mil)
    Quarterly Pretax return on assets: 0.71% ($308.9 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
  • 11Total employees (full-time equivalent)
  • $43,507Total assets
  • $5,279Cash and due from depository institutions
  • $3,169Interest-bearing balances
  • $16,423Securities
  • $990Federal funds sold & reverse repurchase agreements
  • $19,518Net loans & leases
  • $275Loan loss allowance
  • $0Trading account assets
  • $266Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $43,507Life insurance assets
  • $1,031All other assets
  • $39,733Total liabilities and capital
  • $39,591Total liabilities
  • $33,022Total deposits
  • $39,591Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $142Subordinated debt
  • $3,774All other liabilities
  • $3,774Total equity capital
  • $3,774Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $2,400Surplus
  • $1,174Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2Income earned, not collected on loans
  • $0Earning assets
  • $361Long-term assets (5+ years)
  • $40,100Average Assets, year-to-date
  • $4,736Average Assets, quarterly
  • $42,802Volatile liabilities
  • $42,826Insider loans
  • $25,434FHLB advances
  • $43,230Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,774Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,301Restructured Loans and leases
  • $218Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,666Total interest income
  • $532Total interest expense
  • $1,134Net interest income
  • -$33Provision for loan and lease losses
  • $67Total noninterest income
  • $0Fiduciary activities
  • $53Service charges on deposit accounts
  • $0Trading account gains & fees
  • $14Additional noninterest income
  • $906Total noninterest expense
  • $475Salaries and employee benefits
  • $71Premises and equipment expense
  • $360Additional noninterest expense
  • $328Pre-tax net operating income
  • $0Securities gains (losses)
  • $132Applicable income taxes
  • $196Income before extraordinary items
  • $0Extraordinary gains - net
  • $196Net income attributable to bank
  • $0Net charge-offs
  • $196Cash dividends
  • -$69Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 2.85%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 5.31%Return on equity (ROE)
  • 5.31%Retained earnings to average equity (YTD only)
  • -0.36%Net charge-offs to loans
  • 47.83%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,437Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 13750.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 49.30%Net loans and leases to core deposits
  • 50.01%Equity capital to assets
  • 8.67%Core capital (leverage) ratio
  • 8.73%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $42,802Average earning assets
  • $3,692Average equity
  • $39,742Average loans

List of branches

  • 2 Nebraska Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    08389Farmers State Bank234 S Commercial Ave, Wallace, NE 69169May 18, 1918Full Service Brick and Mortar
    1419202North Platte Branch418 North Dewey, North Platte, NE 69101October 01, 2002Full Service Brick and Mortar

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