Farmers State Bank of Ypsilanti in Ypsilanti, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 1996

Farmers State Bank of Ypsilanti in Ypsilanti, North Dakota (ND)
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Farmers State Bank of Ypsilanti - Overview

General
FDIC Certificate #: 10240
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Unison Bank (#19396)
Federal Reserve ID: 250252
Date Established: March 04, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 6564
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: July 31, 1996
Last Structure Change Process Date: August 22, 1996
Last Data Update: August 22, 1996
Data Source Date: April 05, 2012
Location
Address: Main Street, Ypsilanti, ND 58497
County: Stutsman
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Jamestown, ND (#27420)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $2.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$2Total assets
$2,810Cash and due from depository institutions
$102Interest-bearing balances
$0Securities
$1,770Federal funds sold & reverse repurchase agreements
$355Net loans & leases
$539Loan loss allowance
$6Trading account assets
$0Bank premises and fixed assets
$10Other real estate owned
$0Goodwill and other intangibles
$34Life insurance assets
$0All other assets
$0Total liabilities and capital
$2,810Total liabilities
$2,170Total deposits
$2,140Interest-bearing deposits
$1,534Deposits held in domestic offices
2140.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$30Total equity capital
$30Total bank equity capital
$640Perpetual preferred stock
$0Common stock
$25Surplus
$599Undivided profits
Memoranda
$16Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$15Earning assets
$2,664Long-term assets (5+ years)
$518Average Assets, year-to-date
$3,015Average Assets, quarterly
$2,821Volatile liabilities
$0Insider loans
$86FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$64Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$633Total risk weighted assets
$815Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$166Total interest expense
$61Net interest income
$105Provision for loan and lease losses
$2Total noninterest income
$8Fiduciary activities
$0Service charges on deposit accounts
$3Trading account gains & fees
$0Additional noninterest income
$5Total noninterest expense
$89Salaries and employee benefits
$29Premises and equipment expense
$13Additional noninterest expense
$47Pre-tax net operating income
$22Securities gains (losses)
$0Applicable income taxes
$9Income before extraordinary items
$13Extraordinary gains - net
$0Net income attributable to bank
$13Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.01%Cost of funding earning assets
2.21%Net interest margin
3.80%Noninterest income to earning assets
0.29%Noninterest expense to earning assets
3.22%Net operating income to assets
0.43%Return on assets (ROA)
0.43%Pretax return on assets
0.73%Return on equity (ROE)
2.10%Retained earnings to average equity (YTD only)
2.10%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
78,761Assets per employee
1.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.10%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
25.19%Net loans and leases to core deposits
25.19%Equity capital to assets
22.78%Core capital (leverage) ratio
22.72%Tier 1 risk-based capital ratio
77.69%Total risk-based capital ratio
Memoranda
$78Average assets
$3,015Average earning assets
$620Average equity
$2,761Average loans

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