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

This bank is inactive as of December 09, 2006

Farmers State Bank in Big Springs, Nebraska (NE)
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Farmers State Bank - Overview

General
FDIC Certificate #: 18712
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Farmers State Bank (#15907)
Federal Reserve ID: 69650
Date Established: January 22, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 12581
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 27, 1963
Last Structure Change Effective Date: December 09, 2006
Last Structure Change Process Date: December 14, 2006
Last Data Update: December 14, 2006
Data Source Date: April 05, 2012
Location
Address: 306 Pine Street, Big Springs, NE 69122
County: Deuel
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
Financial Summary
Total assets: $18.7 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, 2005)

Dollar figures in thousands
5Total employees (full-time equivalent)
$19,425Total assets
$2,491Cash and due from depository institutions
$1,585Interest-bearing balances
$10,239Securities
$0Federal funds sold & reverse repurchase agreements
$5,147Net loans & leases
$83Loan loss allowance
$0Trading account assets
$254Bank premises and fixed assets
$0Other real estate owned
$971Goodwill and other intangibles
$0Life insurance assets
$323All other assets
$19,425Total liabilities and capital
$16,581Total liabilities
$16,072Total deposits
$13,194Interest-bearing deposits
$16,072Deposits held in domestic offices
0.00%% insured (estimated)
$500Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$9All other liabilities
$2,844Total equity capital
$2,844Total bank equity capital
$2,844Perpetual preferred stock
$0Common stock
$300Surplus
$2,498Undivided profits
Memoranda
$46Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$271Average Assets, year-to-date
$16,971Average Assets, quarterly
$2,094Volatile liabilities
$19,737Insider loans
$19,670FHLB advances
$1,737Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$83Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$825Total interest income
$307Total interest expense
$518Net interest income
$0Provision for loan and lease losses
$45Total noninterest income
$0Fiduciary activities
$37Service charges on deposit accounts
$0Trading account gains & fees
$8Additional noninterest income
$494Total noninterest expense
$270Salaries and employee benefits
$34Premises and equipment expense
$190Additional noninterest expense
$69Pre-tax net operating income
$0Securities gains (losses)
$3Applicable income taxes
$66Income before extraordinary items
$0Extraordinary gains - net
$66Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.72%Yield on earning assets
1.76%Cost of funding earning assets
2.96%Net interest margin
0.26%Noninterest income to earning assets
2.83%Noninterest expense to earning assets
0.33%Net operating income to assets
0.33%Return on assets (ROA)
0.35%Pretax return on assets
2.32%Return on equity (ROE)
2.32%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
34.50%Efficiency ratio
87,744Assets per employee
3.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.59%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
32.02%Net loans and leases to core deposits
34.69%Equity capital to assets
14.64%Core capital (leverage) ratio
10.25%Tier 1 risk-based capital ratio
25.29%Total risk-based capital ratio
Memoranda
$26Average assets
$19,737Average earning assets
$2,846Average equity
$17,474Average loans

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