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

This bank is inactive as of June 25, 2008

  • The Farmers State Bank in Lanesville, Indiana (IN)
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The Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 12830
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Federal Savings Bank of Elizabethtown (#28610)
    Federal Reserve ID: 43641
    Date Established: July 07, 1910
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 12961
    FDIC's unique #: 8126
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 25, 2008
    Last Structure Change Process Date: June 26, 2008
    Last Data Update: June 26, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 62, Lanesville, IN 47136
    County: Harrison
    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): Louisville, KY-IN (#4520)
    Combined Statistical Area (CSA): Louisville-Jefferson County-Elizabethtown-Scottsburg, KY-IN (#350)
    Core Based Statistical Area (CBSA): Louisville-Jefferson County, KY-IN (#31140)
    CBSA Metro Statistical Area: Louisville-Jefferson County, KY-IN (#31140)
  • Financial Summary
  • Total assets: $64.1 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, 2007)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $62,443Total assets
  • $6,698Cash and due from depository institutions
  • $4,338Interest-bearing balances
  • $4,103Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $49,752Net loans & leases
  • $404Loan loss allowance
  • $0Trading account assets
  • $892Bank premises and fixed assets
  • $93Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $905All other assets
  • $62,443Total liabilities and capital
  • $52,445Total liabilities
  • $51,799Total deposits
  • $44,853Interest-bearing deposits
  • $51,799Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $400Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $246All other liabilities
  • $9,998Total equity capital
  • $9,998Total bank equity capital
  • $9,998Perpetual preferred stock
  • $0Common stock
  • $246Surplus
  • $3,531Undivided profits
  • Memoranda
  • $6,221Noncurrent loans and leases
  • $2,278Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $226Earning assets
  • $0Long-term assets (5+ years)
  • $300Average Assets, year-to-date
  • $58,193Average Assets, quarterly
  • $37,400Volatile liabilities
  • $63,057Insider loans
  • $62,757FHLB advances
  • $3,258Loans and leases held for sale
  • $79Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,278Total unused commitments
  • $0Restructured Loans and leases
  • $404Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $3,919Total interest income
  • $1,079Total interest expense
  • $2,840Net interest income
  • $0Provision for loan and lease losses
  • $336Total noninterest income
  • $0Fiduciary activities
  • $159Service charges on deposit accounts
  • $0Trading account gains & fees
  • $177Additional noninterest income
  • $2,155Total noninterest expense
  • $1,290Salaries and employee benefits
  • $202Premises and equipment expense
  • $663Additional noninterest expense
  • $1,021Pre-tax net operating income
  • $0Securities gains (losses)
  • $395Applicable income taxes
  • $626Income before extraordinary items
  • $0Extraordinary gains - net
  • $626Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $28Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.68%Yield on earning assets
  • 1.84%Cost of funding earning assets
  • 4.84%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 3.68%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 6.42%Return on equity (ROE)
  • 5.60%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 36.46%Efficiency ratio
  • 67,853Assets per employee
  • 2.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.78%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 178.76%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.45%Net loans and leases to deposits
  • 96.05%Net loans and leases to core deposits
  • 101.66%Equity capital to assets
  • 16.01%Core capital (leverage) ratio
  • 15.97%Tier 1 risk-based capital ratio
  • 19.89%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $63,057Average earning assets
  • $9,754Average equity
  • $58,633Average loans

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