FDIC Certificate #: 8597 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank & Trust Company (#5394) Federal Reserve ID: 256450 Date Established: January 01, 1887 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 5493 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: November 19, 2004 Last Structure Change Process Date: November 23, 2004 Last Data Update: November 23, 2004 Data Source Date: April 05, 2012
Location
Address: 100 North Main Street, Eustis, NE 69028 County: Frontier 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: $28.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
8Total employees (full-time equivalent)
$29,473Total assets
$1,151Cash and due from depository institutions
$0Interest-bearing balances
$7,198Securities
$3,700Federal funds sold & reverse repurchase agreements
$16,527Net loans & leases
$280Loan loss allowance
$0Trading account assets
$54Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$843All other assets
$29,473Total liabilities and capital
$26,108Total liabilities
$25,577Total deposits
$22,845Interest-bearing deposits
$25,577Deposits held in domestic offices
0.00%% insured (estimated)
$1Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$530All other liabilities
$3,365Total equity capital
$3,365Total bank equity capital
$3,365Perpetual preferred stock
$0Common stock
$300Surplus
$1,000Undivided profits
Memoranda
$2,065Noncurrent loans and leases
$3,043Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$82Earning assets
$52Long-term assets (5+ years)
$373Average Assets, year-to-date
$27,425Average Assets, quarterly
$2,067Volatile liabilities
$28,917Insider loans
$29,030FHLB advances
$3,714Loans and leases held for sale
$43Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,043Total unused commitments
$0Restructured Loans and leases
$257Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$1,518Total interest income
$552Total interest expense
$966Net interest income
$0Provision for loan and lease losses
$123Total noninterest income
$0Fiduciary activities
$89Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$801Total noninterest expense
$580Salaries and employee benefits
$54Premises and equipment expense
$167Additional noninterest expense
$288Pre-tax net operating income
$28Securities gains (losses)
$84Applicable income taxes
$232Income before extraordinary items
$0Extraordinary gains - net
$232Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$35Sale, conversion, retirement of capital stock, net
$165Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.63%Yield on earning assets
2.05%Cost of funding earning assets
3.58%Net interest margin
0.46%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
0.73%Net operating income to assets
0.80%Return on assets (ROA)
1.09%Pretax return on assets
6.70%Return on equity (ROE)
1.94%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
8.23%Efficiency ratio
73,554Assets per employee
3.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.12%Loss allowance to loans
1.67%Loss allowance to noncurrent loans
341.46%Noncurrent assets plus other real estate owned to assets
0.28%Noncurrent loans to loans
0.49%Net loans and leases to deposits
64.62%Net loans and leases to core deposits
75.59%Equity capital to assets
11.42%Core capital (leverage) ratio
11.10%Tier 1 risk-based capital ratio
16.12%Total risk-based capital ratio
Memoranda
$17Average assets
$28,917Average earning assets
$3,462Average equity
$26,952Average loans
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 State 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.
Comment about this bank, ask questions, or add new information about it: