The Farmers Bank, Frankfort, Indiana in Frankfort, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The Farmers Bank, Frankfort, Indiana in Frankfort, Indiana (IN)
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The Farmers Bank, Frankfort, Indiana routing number info

The Farmers Bank, Frankfort, Indiana - Overview

  • General
  • FDIC Certificate #: 12828
    Status: Active
    Federal Reserve ID: 423449
    Bank Holding Company (Regulatory Top Holder): Farmers Bancorp, Frankfort, Indiana, The (RSSDID: 1209538, Location: Frankfort, IN)
    Date Established: January 01, 1876
    WWW: http://www.thefarmersbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 8909
    FDIC's unique #: 8125
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: April 11, 2010
    Last Data Update: April 11, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 9 East Clinton Street, Frankfort, IN 46041
    County: Clinton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Lafayette, IN (#3920)
    Combined Statistical Area (CSA): Lafayette-Frankfort, IN (#320)
    Core Based Statistical Area (CBSA): Frankfort, IN (#23140)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Name Change
  • Financial Summary
  • Total assets: $421.5 mil
    Equity capital: $43.4 mil
    Deposits held in domestic offices: $333.9 mil
    Return on assets (ROA): 0.69% ($2.9 mil)
    Quarterly return on assets: 1.08% ($4.5 mil)
    Return on Equity (ROE): 7.10% ($3.1 mil)
    Quarterly return on equity: 10.58% ($4.5 mil)
    Net income: $3.0 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 0.85% ($3,582.5 mil)
    Quarterly Pretax return on assets: 1.40% ($5,900.7 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
  • 123Total employees (full-time equivalent)
  • $421,476Total assets
  • $8,140Cash and due from depository institutions
  • $1,820Interest-bearing balances
  • $108,098Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $271,174Net loans & leases
  • $5,366Loan loss allowance
  • $0Trading account assets
  • $7,554Bank premises and fixed assets
  • $2,638Other real estate owned
  • $703Goodwill and other intangibles
  • $421,476Life insurance assets
  • $23,169All other assets
  • $378,043Total liabilities and capital
  • $333,922Total liabilities
  • $254,073Total deposits
  • $333,922Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 18410.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,345Trading liabilities
  • $0Other borrowed funds
  • $4,366Subordinated debt
  • $43,433All other liabilities
  • $43,433Total equity capital
  • $43,433Total bank equity capital
  • $0Perpetual preferred stock
  • $2,889Common stock
  • $13,613Surplus
  • $26,931Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $88Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,697Income earned, not collected on loans
  • $598Earning assets
  • $1,559Long-term assets (5+ years)
  • $381,092Average Assets, year-to-date
  • $66,635Average Assets, quarterly
  • $434,419Volatile liabilities
  • $422,881Insider loans
  • $318,966FHLB advances
  • $432,265Loans and leases held for sale
  • $12,963Unused loan commitments
  • $12,963Tier 1 (core) risk-based capital
  • $43,262Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $62,995Restructured Loans and leases
  • $10,723Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,017Total interest income
  • $3,077Total interest expense
  • $15,940Net interest income
  • $2,925Provision for loan and lease losses
  • $4,769Total noninterest income
  • $535Fiduciary activities
  • $1,367Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,867Additional noninterest income
  • $14,113Total noninterest expense
  • $7,411Salaries and employee benefits
  • $1,780Premises and equipment expense
  • $4,922Additional noninterest expense
  • $3,671Pre-tax net operating income
  • $0Securities gains (losses)
  • $664Applicable income taxes
  • $3,007Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,007Net income attributable to bank
  • $0Net charge-offs
  • $3,007Cash dividends
  • $2,010Sale, conversion, retirement of capital stock, net
  • $1,877Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 4.05%Net interest margin
  • 1.21%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.85%Pretax return on assets
  • 7.10%Return on equity (ROE)
  • 2.67%Retained earnings to average equity (YTD only)
  • 0.72%Net charge-offs to loans
  • 145.52%Credit loss provision to net charge-offs
  • 3.28%Efficiency ratio
  • 68,149Assets per employee
  • 3.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.42%Loss allowance to loans
  • 1.94%Loss allowance to noncurrent loans
  • 69.72%Noncurrent assets plus other real estate owned to assets
  • 2.45%Noncurrent loans to loans
  • 2.78%Net loans and leases to deposits
  • 81.21%Net loans and leases to core deposits
  • 86.93%Equity capital to assets
  • 10.30%Core capital (leverage) ratio
  • 10.01%Tier 1 risk-based capital ratio
  • 13.56%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $434,419Average earning assets
  • $42,382Average equity
  • $393,220Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $73,471Managed Assets
  • 1Number of Accounts
  • $61,063Personal trust and agency accounts
  • $60,651Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $340Investment management agency accounts
  • $72Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 270Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $12,408Other retirement accounts
  • $3Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $7,835Fiduciary accounts held in foreign offices

List of branches

  • 10 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    08125The Farmers Bank, Frankfort, Indiana9 East Clinton Street, Frankfort, IN 46041January 01, 1876Full Service Brick and Mortar
    2227949Kirklin Branch110 North Main Street, Kirklin, IN 46050October 23, 1944Full Service Brick and Mortar
    3227950Michigantown Branch219 Main St., Michigantown, IN 46057July 08, 1946Full Service Brick and Mortar
    4227951Mulberry Branch145 East Jackson Street, Mulberry, IN 46058July 01, 1958Full Service Brick and Mortar
    5227952Wesley Manor Branch1555 North Main Street, Frankfort, IN 46041Febuary 05, 1979Limited Service Facility
    6227953Wabash Street Branch2021 East Wabash Street, Frankfort, IN 46041April 27, 1988Limited Service Facility
    7227954Sheridan Branch987 S. White Avenue, Sheridan, IN 46069November 16, 1990Full Service Brick and Mortar
    9359717Lebanon Branch2304 North Lebanon Street, Lebanon, IN 46052Febuary 17, 2001Full Service Brick and Mortar
    11515537Fishers Branch7126 East 116th Street, Fishers, IN 46038December 06, 2010Full Service Brick and Mortar
    12516276Noblesville Office Branch16940 Clover Road, Noblesville, IN 46060January 24, 2011Full Service Brick and Mortar

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