FDIC Certificate #: 9106 Status: Active Federal Reserve ID: 507349 Bank Holding Company (Regulatory Top Holder): Yale Bancorporation (RSSDID: 1491810, Location: Yale, IA) Date Established: March 21, 1921 WWW:http://www.yalebankiowa.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 5832 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: 201 Main Street, Yale, IA 50277 County: Guthrie Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Des Moines Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218) Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780) CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $44.5 mil Equity capital: $4.0 mil Deposits held in domestic offices: $40.0 mil Return on assets (ROA): 1.03% ($0.5 mil) Quarterly return on assets: 1.35% ($0.6 mil) Return on Equity (ROE): 11.47% ($0.5 mil) Quarterly return on equity: 14.60% ($0.6 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.07% ($475.7 mil) Quarterly Pretax return on assets: 1.40% ($622.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$44,462Total assets
$3,062Cash and due from depository institutions
$1,418Interest-bearing balances
$15,697Securities
$684Federal funds sold & reverse repurchase agreements
$23,076Net loans & leases
$251Loan loss allowance
$0Trading account assets
$354Bank premises and fixed assets
$347Other real estate owned
$0Goodwill and other intangibles
$44,462Life insurance assets
$1,242All other assets
$40,472Total liabilities and capital
$40,000Total liabilities
$32,596Total deposits
$40,000Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$472Subordinated debt
$3,990All other liabilities
$3,990Total equity capital
$3,990Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$380Surplus
$3,370Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$42Income earned, not collected on loans
$0Earning assets
$429Long-term assets (5+ years)
$40,875Average Assets, year-to-date
$10,655Average Assets, quarterly
$42,568Volatile liabilities
$42,829Insider loans
$27,388FHLB advances
$43,233Loans and leases held for sale
$207Unused loan commitments
$207Tier 1 (core) risk-based capital
$3,545Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,138Restructured Loans and leases
$60Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,829Total interest income
$387Total interest expense
$1,442Net interest income
$10Provision for loan and lease losses
$63Total noninterest income
$0Fiduciary activities
$49Service charges on deposit accounts
$0Trading account gains & fees
$14Additional noninterest income
$1,055Total noninterest expense
$564Salaries and employee benefits
$69Premises and equipment expense
$422Additional noninterest expense
$440Pre-tax net operating income
$16Securities gains (losses)
$18Applicable income taxes
$438Income before extraordinary items
$0Extraordinary gains - net
$438Net income attributable to bank
$0Net charge-offs
$438Cash dividends
-$4Sale, conversion, retirement of capital stock, net
$200Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.64%Yield on earning assets
0.98%Cost of funding earning assets
3.66%Net interest margin
0.16%Noninterest income to earning assets
2.68%Noninterest expense to earning assets
0.99%Net operating income to assets
1.03%Return on assets (ROA)
1.07%Pretax return on assets
11.47%Return on equity (ROE)
6.23%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-250.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,100Assets per employee
5.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.66%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
597.62%Noncurrent assets plus other real estate owned to assets
0.87%Noncurrent loans to loans
0.18%Net loans and leases to deposits
57.69%Net loans and leases to core deposits
59.03%Equity capital to assets
8.97%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
12.94%Total risk-based capital ratio
Memoranda
$14Average assets
$42,568Average earning assets
$3,819Average equity
$39,397Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5832
Farmers State Bank
201 Main Street, Yale, IA 50277
March 21, 1921
Full Service Brick and Mortar
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