Farmers State Bank of Crosby, N. D. in city_name, state_name

Farmers State Bank of Crosby, N. D. in Crosby, North Dakota (ND)
Show street view No street view available for this location

Farmers State Bank of Crosby, N. D. routing number info

Farmers State Bank of Crosby, N. D. - Overview

General
FDIC Certificate #: 14353
Status: Active
Federal Reserve ID: 924656
Bank Holding Company (Regulatory Top Holder): Hanisch Bankshares, Ltd. (RSSDID: 1127865, Location: Crosby, ND)
Date Established: June 07, 1919
WWW: http://www.fsbcrosby.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 8969
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: 111 E Central Ave, Crosby, ND 58730
County: Divide
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $69.2 mil
Equity capital: $6.6 mil
Deposits held in domestic offices: $62.5 mil
Return on assets (ROA): 0.64% ($0.4 mil)
Quarterly return on assets: 0.60% ($0.4 mil)
Return on Equity (ROE): 5.79% ($0.4 mil)
Quarterly return on equity: 5.85% ($0.4 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.68% ($470.8 mil)
Quarterly Pretax return on assets: 0.64% ($443.1 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, 2011)

Dollar figures in thousands
10Total employees (full-time equivalent)
$69,236Total assets
$13,730Cash and due from depository institutions
$11,498Interest-bearing balances
$43,208Securities
$6,300Federal funds sold & reverse repurchase agreements
$5,464Net loans & leases
$401Loan loss allowance
$0Trading account assets
$159Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$69,236Life insurance assets
$375All other assets
$62,660Total liabilities and capital
$62,533Total liabilities
$40,174Total deposits
$62,533Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$127Subordinated debt
$6,576All other liabilities
$6,576Total equity capital
$6,576Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$1,700Surplus
$4,576Undivided 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
$268Long-term assets (5+ years)
$66,470Average Assets, year-to-date
$34,736Average Assets, quarterly
$59,082Volatile liabilities
$64,779Insider loans
$29,978FHLB advances
$64,575Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,701Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$629Restructured Loans and leases
$57Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,500Total interest income
$154Total interest expense
$1,346Net interest income
$0Provision for loan and lease losses
$69Total noninterest income
$0Fiduciary activities
$20Service charges on deposit accounts
$0Trading account gains & fees
$49Additional noninterest income
$1,011Total noninterest expense
$584Salaries and employee benefits
$108Premises and equipment expense
$319Additional noninterest expense
$404Pre-tax net operating income
$0Securities gains (losses)
$26Applicable income taxes
$378Income before extraordinary items
$0Extraordinary gains - net
$378Net income attributable to bank
$0Net charge-offs
$378Cash dividends
$0Sale, conversion, retirement of capital stock, net
$700Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
2.64%Yield on earning assets
0.27%Cost of funding earning assets
2.37%Net interest margin
0.12%Noninterest income to earning assets
1.78%Noninterest expense to earning assets
0.64%Net operating income to assets
0.64%Return on assets (ROA)
0.68%Pretax return on assets
5.79%Return on equity (ROE)
-4.93%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
71,449Assets per employee
6.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
185.19%Loss allowance to loans
6.84%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
8.74%Net loans and leases to core deposits
8.74%Equity capital to assets
9.50%Core capital (leverage) ratio
8.83%Tier 1 risk-based capital ratio
19.02%Total risk-based capital ratio
Memoranda
$20Average assets
$59,082Average earning assets
$6,531Average equity
$56,773Average loans

List of branches

2 North Dakota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	8969	Farmers State Bank Of Crosby, N. D.	111 E Central Ave, Crosby, ND 58730	June 07, 1919	Full Service Brick and Mortar
1	231357	Noonan Community Center Branch	603 Main Street South And Heuer Parkway, Noonan, ND 58765	September 12, 1966	Full Service Brick and Mortar

Farmers State Bank of Crosby, N. D. in Crosby, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank of Crosby, N. D. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers State Bank of Crosby, N. D. in Crosby, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank of Crosby, N. D. - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers State Bank of Crosby, N. D. in Crosby, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches