Farmers State Bank of Valmeyer in Valmeyer, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 03, 1994

Farmers State Bank of Valmeyer in Valmeyer, Illinois (IL)
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Farmers State Bank of Valmeyer - Overview

General
FDIC Certificate #: 9083
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank (#3825)
Federal Reserve ID: 262040
Date Established: July 09, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 5815
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: June 03, 1994
Last Structure Change Process Date: June 17, 1994
Last Data Update: June 17, 1994
Data Source Date: April 05, 2012
Location
Address: 13 Main Street, Valmeyer, IL 62295
County: Monroe
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Mount Vernon
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $16.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$7Total assets
$16,694Cash and due from depository institutions
$613Interest-bearing balances
$200Securities
$5,964Federal funds sold & reverse repurchase agreements
$3,050Net loans & leases
$6,858Loan loss allowance
$268Trading account assets
$0Bank premises and fixed assets
$69Other real estate owned
$23Goodwill and other intangibles
$117Life insurance assets
$0All other assets
$0Total liabilities and capital
$16,694Total liabilities
$15,412Total deposits
$15,354Interest-bearing deposits
$13,932Deposits held in domestic offices
15354.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$58Total equity capital
$58Total bank equity capital
$1,282Perpetual preferred stock
$0Common stock
$100Surplus
$653Undivided profits
Memoranda
$529Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$340Income earned, not collected on loans
$61Earning assets
$16,072Long-term assets (5+ years)
$2,106Average Assets, year-to-date
$14,752Average Assets, quarterly
$15,268Volatile liabilities
$1,060Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$70Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,282Total risk weighted assets
$7,505Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,012Total interest expense
$426Net interest income
$586Provision for loan and lease losses
$0Total noninterest income
$41Fiduciary activities
$0Service charges on deposit accounts
$11Trading account gains & fees
$0Additional noninterest income
$30Total noninterest expense
$621Salaries and employee benefits
$207Premises and equipment expense
$58Additional noninterest expense
$356Pre-tax net operating income
$6Securities gains (losses)
$19Applicable income taxes
-$8Income before extraordinary items
$33Extraordinary gains - net
$0Net income attributable to bank
$33Net charge-offs
-$6Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.20%Cost of funding earning assets
3.03%Net interest margin
4.17%Noninterest income to earning assets
0.29%Noninterest expense to earning assets
4.42%Net operating income to assets
0.09%Return on assets (ROA)
0.22%Pretax return on assets
0.17%Return on equity (ROE)
2.51%Retained earnings to average equity (YTD only)
2.51%Net charge-offs to loans
-0.07%Credit loss provision to net charge-offs
0.00%Efficiency ratio
99,043Assets per employee
2.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.76%Loss allowance to noncurrent loans
78.82%Noncurrent assets plus other real estate owned to assets
2.17%Noncurrent loans to loans
4.77%Net loans and leases to deposits
44.67%Net loans and leases to core deposits
47.98%Equity capital to assets
7.68%Core capital (leverage) ratio
7.97%Tier 1 risk-based capital ratio
17.08%Total risk-based capital ratio
Memoranda
$18Average assets
$14,752Average earning assets
$1,313Average equity
$14,051Average loans

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